Despite the reemergence of inflation and bubbles as the concerns-of-the-day that caused markets to quiver their way to a 3-month low yesterday, Fed officials remained committed to their “wait and see” strategy on removing...more
5/12/2021
/ Antitrust Violations ,
App Store ,
Apple ,
Artificial Intelligence ,
Bankruptcy Court ,
Biden Administration ,
Census ,
CFTC ,
Chapter 11 ,
China ,
Clean Energy ,
Commercial Bankruptcy ,
Consumer Price Index ,
Criminal Investigations ,
Deutsche Bank ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
Google ,
Inflation Adjustments ,
Job Creation ,
Legislative Agendas ,
Mobile Apps ,
NRA ,
OCC ,
Renewable Energy ,
Sales Commissions ,
True Lender ,
UK ,
Unemployment ,
Whistleblower Awards
More details on that massive ransomware hack that hit Colonial Pipeline over the weekend. The FBI has confirmed that hacking group DarkSide was responsible and that it’s “looking for any ties the group might have to...more
5/11/2021
/ 1MDB ,
American Rescue Plan Act of 2021 ,
Chipotle Grill ,
Citigroup ,
Cryptocurrency ,
Data Breach ,
Deutsche Bank ,
Driverless Cars ,
Embezzlement ,
Facebook ,
FBI ,
Federal Funding ,
Hackers ,
Infrastructure ,
Instagram ,
NTSB ,
Oil & Gas ,
Online Safety for Children ,
Pipelines ,
Special Purpose Acquisition Companies (SPACs) ,
Tesla ,
Victoria Secret ,
Wage and Hour
A cyberattack over the weekend forced the shutdown of one of America’s largest pipelines for refined gas and jet fuel. Operator Colonial Pipeline revealed late Friday that it had “shut down its 5,500 miles of pipeline, which...more
5/10/2021
/ Alibaba ,
Amazon Marketplace ,
Barclays ,
Biden Administration ,
Cloud Computing ,
Critical Infrastructure Sectors ,
Cyber Attacks ,
Data Breach ,
Department of Defense (DOD) ,
DoorDash ,
E-Commerce ,
Federal Contractors ,
Hackers ,
Job Creation ,
Microsoft ,
Oil & Gas ,
Pipelines ,
Ransomware ,
Supply Chain ,
Uber ,
Unemployment
New jobless claims fell dramatically in new figures released on Thursday, as “the improving public health situation and the easing of pandemic-related restrictions allowed the labor market to continue its gradual return to...more
5/7/2021
/ CBS ,
Congressional Investigations & Hearings ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Debit and Credit Card Transactions ,
Economic Impact Analysis ,
FCC ,
Fee Disclosure ,
Infectious Diseases ,
Internet Streaming ,
Merger Agreements ,
Net Neutrality ,
New York Times ,
Publishers ,
Securities and Exchange Commission (SEC) ,
Telehealth ,
Unemployment ,
Viacom ,
Wal-Mart ,
Wells Fargo
Peloton has recalled all of its treadmill models—the Tread+ and Tread—“less than a month after it fought the U.S. Consumer Product Safety Commission as it warned that dozens of injuries and one death of a child had been...more
5/6/2021
/ Biden Administration ,
Brokers ,
Cryptocurrency ,
Department of Labor (DOL) ,
Facebook ,
Financial Markets ,
Gig Economy ,
Independent Contractors ,
Intellectual Property Protection ,
Investment Management ,
Labor Reform ,
Labor Regulations ,
Pharmaceutical Patents ,
Product Defects ,
Product Recalls ,
Regulatory Agenda ,
Robinhood Financial ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Uber ,
Vaccinations
Treasury Secretary Yellen perhaps inadvertently dipped back into Fed Chair mode for a bit on Tuesday, acknowledging that some movement in interest rates may be necessary to “keep the economy from overheating given the large...more
5/5/2021
/ Apple ,
China ,
Criminal Prosecution ,
Electric Vehicles ,
EPIC ,
Federal Reserve ,
Fraud ,
Goldman Sachs ,
Grants ,
Inflation Adjustments ,
Initial Public Offering (IPO) ,
Interest Rate Adjustments ,
Nonprofits ,
Pfizer ,
Quarterly Report ,
Theranos ,
Vaccinations
It didn’t come as a feature of the big Berkshire Hathaway shareholder extravaganza over the weekend, but Mr. Buffett made news nonetheless by revealing in an interview with CNBC that Gregory Abel ...more
5/4/2021
/ Acquisition Agreements ,
AOL ,
Apple ,
Automotive Industry ,
Berkshire Hathaway ,
Construction Project ,
Economic Downturn ,
Enforcement Actions ,
EPIC ,
Failure To Disclose ,
Federal Reserve ,
LA Times ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Verizon ,
Yahoo!
Apple and Fortnite-maker Epic Games kick off their “high-stakes” trial over App Store fees, Apple’s payment system, and breach of contract. At the core of the dispute is Apple’s incredibly lucrative App Store, which charges...more
5/3/2021
/ 3M Company ,
Apple ,
BaFin ,
Berkshire Hathaway ,
Breach of Contract ,
Commercial Leases ,
Credit Suisse ,
Deutsche Bank ,
EPIC ,
Google ,
Hiring & Firing ,
Job Creation ,
Military Service Members ,
Mobile Apps ,
Multidistrict Litigation ,
Product Defects ,
Quarterly Report ,
Unemployment ,
Verizon ,
Warren Buffett
New numbers show that the U.S. economy “picked up speed last quarter,” expanding 1.6% in the first three months of the year [for an annualized 6.4%], as a mix of stimulus money and falling unemployment helped power consumer...more
4/30/2021
/ Abuse of Power ,
Anti-Competitive ,
Apple ,
Biden Administration ,
Big Data ,
Big Tech ,
Boeing ,
China ,
Coronavirus/COVID-19 ,
Economic Growth ,
EU ,
Federal Funding ,
Financial Services Industry ,
Infectious Diseases ,
Infrastructure ,
Mobile Apps ,
Music Streaming ,
Payment Terms ,
Renewable Energy
The Fed’s Open Market Committee meeting broke yesterday leaving rates at near-zero and pledging to “continue buying government-backed bonds at a steady pace as it tries to support the economy’s recovery from the coronavirus...more
4/29/2021
/ Administrative Appointments ,
Administrative Resignation ,
AOL ,
Apple ,
Biden Administration ,
Big Tech ,
Chipotle Grill ,
Earnings Reports ,
Economic Growth ,
Elon Musk ,
Exxon Mobil ,
Facebook ,
Federal Reserve ,
Ford Motor ,
Human Rights ,
Interest Rate Adjustments ,
Labor Law Violations ,
Legislative Agendas ,
Microchip Technology ,
Recovery Plans ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Verizon ,
Work Schedules ,
Yahoo!
Big Tech quarterly earnings season kicked off this week, and Alphabet got things started with a massive $55B in revenue, up 34% from a year earlier thanks largely to a return of its online advertising business and “continued...more
4/28/2021
/ Alphabet Company ,
Biden Administration ,
Big Tech ,
China ,
Coronavirus/COVID-19 ,
Credit Suisse ,
Department of Justice (DOJ) ,
Earnings Reports ,
Economic Growth ,
Infectious Diseases ,
Innovative Technology ,
IRS ,
Manufacturers ,
Microchip Technology ,
Microsoft ,
Online Advertisements ,
Property Managers ,
Regulatory Agenda ,
Supply Chain ,
Tax Evasion ,
Tax Fraud
Lyft is letting go of its self-driving car unit, Level 5—reaching a deal with Toyota’s Woven Planet subsidiary for $200M, with an additional $350M in payments over the next 5 years. Lyft revealed that “unloading Level 5 would...more
4/27/2021
/ Amazon Marketplace ,
Apple ,
Credit Suisse ,
Cryptocurrency ,
Driverless Cars ,
Elon Musk ,
Federal Contractors ,
Lyft ,
NASA ,
Outer Space ,
SiriusXM ,
SpaceX ,
Tesla ,
Toyota
Bitcoin’s back (and no, it never really left), thanks to a rally this morning that pushed its value up as much as 10% at one point in early trading today. Elon Musk’s weekend tweeting and news that presumptive top NFL draft...more
4/26/2021
/ Apple ,
Banks ,
Big Tech ,
Bitcoin ,
China ,
Consumer Privacy Rights ,
Coronavirus/COVID-19 ,
Credit Suisse ,
Cryptocurrency ,
Executive Compensation ,
Infectious Diseases ,
iPhone Tracking ,
JPMorgan Chase ,
Mobile Apps ,
OCC ,
On-Demand Services ,
Panasonic ,
Popular ,
Railways ,
Slander ,
Underwriting Agreements ,
Virtual Currency
A unanimous SCOTUS ruling this week curbs the FTC’s “longtime practice of seeking to recover ill-gotten gains from companies and individuals who cheat or mislead consumers,” with the justices finding that the 1973 law that...more
4/23/2021
/ Airlines ,
AMG Capital Management LLC v FTC ,
Bitcoin ,
Capital Gains Tax ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Financial Markets ,
FTCA Section 13(b) ,
HBO ,
Infectious Diseases ,
Injunctive Relief ,
Internet Streaming ,
Material Suppliers ,
Restitution ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Takeover Bids ,
Tax Reform ,
Tourism
A Senate antitrust subcommittee hearing on Thursday turned into an airing of grievances session for smaller tech companies focusing on their issues with Apple and Google’s app stores and their “stranglehold on the business of...more
4/22/2021
/ Antitrust Provisions ,
Apple ,
Artificial Intelligence ,
Big Tech ,
Buyouts ,
Credit Suisse ,
EU ,
Federal Trade Commission (FTC) ,
Ford Motor ,
Google ,
Manufacturing Facilities ,
Microchip Technology ,
Mobile Apps ,
Online Advertisements ,
Private Equity ,
Supply Chain
The latest round of quarterly results from Netflix shows that while the grand-daddy of streaming “still rules” that universe, a combination of upstart and old-guard rivals “have cut into Netflix’s share of viewers’...more
4/21/2021
/ Alibaba ,
Apple ,
Big Tech ,
Blockchain ,
Boeing ,
China ,
CMBS ,
Corporate Sales Transactions ,
DBRS ,
Enforcement Actions ,
Initial Public Offering (IPO) ,
iPhone ,
Luxury Goods ,
Microsoft ,
Netflix ,
Privacy Concerns ,
Procter & Gamble ,
Rating Agencies ,
Retail Price Maintenance (RPM) ,
Securities and Exchange Commission (SEC)
A fiery, deadly Tesla crash outside of Houston over the weekend is prompting a federal probe of the company’s self-driving autonomous mode for “potential gaps in self-driving car technology.” ...more
4/20/2021
/ Amazon Marketplace ,
Argentina ,
Automotive Industry ,
Bailout ,
Car Accident ,
China ,
Coca Cola ,
Corporate Sales Transactions ,
Credit Suisse ,
Digital Media ,
Driverless Cars ,
Elon Musk ,
Financial Markets ,
Foreign Debt ,
High Risk Financial Products ,
IMF ,
Initial Public Offering (IPO) ,
JPMorgan Chase ,
Labor Relations ,
Merger Agreements ,
Netflix ,
Oprah Winfrey ,
Plant Based Products ,
Railways ,
Tesla ,
Unions
Because volatility’s the name of the game whenever we’re talking cryptos, it’s hard to be too shocked by the news that last week’s banner Coinbase public market debut gave way to a digital currency walkback this weekend that...more
4/19/2021
/ Amazon Marketplace ,
Bitcoin ,
Citibank ,
Coinbase ,
Cryptocurrency ,
Department of Labor (DOL) ,
Digital Currency ,
Elon Musk ,
Federal Contractors ,
Financial Markets ,
Homeless Issues ,
Initial Public Offering (IPO) ,
Investment ,
NASA ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
SpaceX ,
Special Purpose Acquisition Companies (SPACs) ,
The Tribune Company ,
Unions
More good economic news in the U.S. this week, with first-time jobless claims falling to 613k, a decrease of more than 150,000 from a week earlier and the lowest level of the pandemic. ...more
4/16/2021
/ Amazon Marketplace ,
Best Interest Standard ,
Broker-Dealer ,
CBS ,
China ,
Class Action ,
Commercial Bankruptcy ,
Dow Jones ,
Economic Growth ,
Enforcement Actions ,
Fiduciary Rule ,
Financial Markets ,
Jeff Bezos ,
Music Industry ,
Retail Sales ,
Robinhood Financial ,
Securities Regulation ,
Settlement Agreements ,
Stock Prices ,
Unemployment ,
Unions
Big bank earnings season kicked off this week, and impressive Q1 results from JPMorgan, Goldman Sachs, and Wells Fargo has Wall Street feeling especially bullish. This, despite “sobering signs,” including climbing infections...more
4/15/2021
/ Amazon Marketplace ,
Banks ,
Bernie Madoff ,
Bonds ,
CBS ,
Coinbase ,
Federal Reserve ,
Fine Art ,
Internet Retailers ,
Ponzi Scheme ,
Quarterly Report ,
Securities and Exchange Commission (SEC) ,
Share Price
Recognize the IP risks that arise as artificial intelligence and machine learning take a greater foothold in your business. Our three-part seminar will present solutions to risks that are unique to AI/ML, including:
-...more
4/15/2021
/ Artificial Intelligence ,
Continuing Legal Education ,
Data Collection ,
Data Privacy ,
Data Security ,
End-Users ,
Intellectual Property Protection ,
Inventions ,
IP License ,
Machine Learning ,
Patents ,
Popular ,
Risk Management ,
Webinars
The Nasdaq has set Coinbase’s reference price at $250/share ahead of today’s first day of trading for the crypto exchange that’s making its public debut via direct listing ...more
4/14/2021
/ CBS ,
Coinbase ,
Consumer Price Index ,
Crypto Exchanges ,
Cryptocurrency ,
Direct Listing ,
Electric Vehicles ,
EPIC ,
Inflation Adjustments ,
Nasdaq ,
Popular ,
Resignation ,
Tax Evasion ,
Toshiba ,
Volkswagen
Mere days after Chinese regulators hit Jack Ma’s Alibaba with a staggering $2.8 billion antitrust fine, the e-commerce giant’s sister company, Ant Group, announced “that it would undertake a sweeping, government-ordered...more
4/13/2021
/ Alibaba ,
Artificial Intelligence ,
Biden Administration ,
China ,
Climate Change ,
Coinbase ,
Credit Suisse ,
Cryptocurrency ,
Currency Manipulation ,
Financial Markets ,
Foreign Exchanges ,
Infrastructure ,
Janet Yellen ,
Microsoft ,
Securities and Exchange Commission (SEC) ,
Semiconductors ,
Special Purpose Acquisition Companies (SPACs) ,
Supply Chain ,
Uber ,
Vaccinations
Chinese antitrust officials hit Alibaba with a “record” $2.8 billion fine over the weekend—the “biggest move yet in the government’s campaign to tighten its supervision of Big Tech.” ...more
4/12/2021
/ Alibaba ,
Amazon Marketplace ,
Ameriprise Financial ,
Antitrust Violations ,
Big Tech ,
Boeing ,
China ,
Data Collection ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
Google ,
Labor Relations ,
Newspapers ,
Pharmaceutical Industry ,
Securities and Exchange Commission (SEC) ,
Unions
Most eyes in the labor world are on Birmingham, Alabama, where the NLRB is hand-counting the 3215 ballots cast by workers in Amazon’s Bessemer, AL warehouse on whether to unionize. Though results could be released later...more
4/9/2021
/ Amazon Marketplace ,
Apple ,
China ,
Credit Suisse ,
Entertainment Venues ,
Initial Public Offering (IPO) ,
Internet Streaming ,
iPhone ,
Labor Relations ,
Music Industry ,
Netflix ,
Plant Based Products ,
Procter & Gamble ,
SoftBank ,
Sony ,
Special Purpose Acquisition Companies (SPACs) ,
Targeted Digital Advertising ,
Unions ,
Vaccinations