The EU fines X €120M for breaching online content rules, the first fine under the DSA, citing issues like its deceptive blue checkmarks, after a two-year probe
‘Impose Sanctions...’ The Verge : EU fines X $140 million over ‘deceptive’ blue checkmarks Inc : Why Elon Musk's X Was Slapped With a $140 Million Fine Eva Terry / Deseret News : European Union fines ...
President Trump picks Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push
market structure legislation needs to cross the finish line to deliver clear, workable rules for builders and consumers. Mike's leadership will be a major asset. Bill Hughes / @billhughesdc : Congrats...
A look at the implosion of CaaStle, a clothing inventory monetization startup whose ex-CEO Christine Hunsicker is accused of swindling investors out of $300M
CaaStle pulled off one of the biggest financial heists in recent tech history, according to the SEC and DOJ. X: @bernardmoon . LinkedIn: Jill R. Shah , Kim Bhasin , Jack Newsham , Matt Townsend , and ...
Sources: Meta, X, and LinkedIn appeal an unprecedented ~€1.04B VAT claim by Italy, which is seeking €887.6M from Meta, €12.5M from X, and ~€140M from LinkedIn
Emilio Parodi / Reuters :
Meta shareholders suing Mark Zuckerberg and Meta leaders over alleged Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial
This firm was used by Putin to get Trump elected in USA through political propaganda and Brexit in UK. Ian Turner / @juiceianturner : No mention on the BBC site about Cambridge Analytica's involvement...
WhatsApp v. NSO Group: NSO kept targeting WhatsApp users even after Meta sued, NSO spent $59M on R&D in 2024, and its customers pay $3M to $30M to use Pegasus
As part of the lawsuit and trial, a lot of details have come out about NSO and the cyberattack underpinning the lawsuit. X: Lorenzo Franceschi-Bicchierai / @lorenzofb : “We are struggling to keep our ...
The Wikimedia Foundation says it is taking legal action to challenge the UK's Online Safety Act, saying it could threaten the safety of its volunteer editors
medium.com/wikimedia-po... LinkedIn: Rebecca MacKinnon : It is truly regrettable but we've been left with no choice. We had to take action in order to protect Wikipedia contributors … Forums: Lobster...
In a case related to its Activision acquisition, Microsoft dropped a law firm that settled with President Trump in favor of a firm that is fighting a Trump EO
www.nytimes.com/2025/05/01/b... Mike Masnick / @mmasnick : Capitulating law firms suggested they had to capitulate to retain clients. The opposite may be true. [embedded post] Amanda Marcotte / @ama...
In her ruling, Judge Brinkema says Google did not meet the monopoly definition for tools used to buy display ads, but did for ad exchanges and website ad tools
www.theverge.com/news/650665/ ... Cori Crider / @coricrider.com : BREAKING: Google loses the adtech case, has unlawful monopoly over advertising tech. — HUGE deal - it is the source of their monopol...
SCOTUS upholds the TikTok divest-or-ban law, saying free speech rights must yield to concerns that Chinese control of the app creates a national-security risk
but Trump Lobbying May Save It Tripp Mickle / New York Times : Oracle May Hold TikTok's Future in Its Hands Solcyré Burga / Time : Everything Trump Has Said About the TikTok Ban Dan Primack / Axios : ...