Tech & Telecom Law News

Zuckerberg Asks for Patience After Meta’s AI Push Irks Investors

Mark Zuckerberg is asking for investors to stay patient. Again.

By Kurt Wagner

Connecticut Senate Passes AI Bias Bill Despite Tech Lobbying

Connecticut is closer to becoming the first state to make private companies consider the risks of the artificial intelligence products they sell to customers.

Tesla to Pay $14,000 in Attorneys’ Fees in Auto Warranty Case

Tesla Inc. must pay over $14,400 in fees and about $550 in costs to the attorneys for a Tesla customer who sued the company for failing fix defects in his car or offer a buyback.

Stripe Unlocks All-or-Nothing Payment Processing Approach

<-bsp-bb-link state="{"bbHref":"bbg://securities/0170016D%20US%20Equity","_id":"0000018f-1283-d583-afbf-d2dfe69d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Stripe Inc. is making it easier for merchants to use its financial-services offerings with the technology they already have to process payments.

TikTok Ultimatum Makes US Firms a Target for China Retaliation

Now that President Joe Biden has signed off on a law that could expel TikTok from the US market, Beijing must decide how best to retaliate over an attack on the world’s <-bsp-bb-link state="{"bbDocId":"SBNK7YT0G1KW","_id":"0000018f-12ba-d583-afbf-d2fe777e0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">most-valuable start-up.

Lawyers Want $217 Million for Settling Google ‘Incognito’ Case

Lawyers are seeking $217 million in fees for their work crafting a settlement this month in a class action lawsuit alleging Alphabet Inc.'s Google improperly retained users’ web data while they used a private browsing setting.

Biden’s Campaign to Stay on TikTok Despite Divestment Law

President Joe Biden’s campaign says it will continue to use its account on TikTok even after he signed legislation into law that forces its parent company, Beijing-based <-bsp-bb-link state="{"bbHref":"bbg://securities/1774397D%20CH%20Equity","_id":"0000018f-11b3-d583-afbf-d3ff88bb0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">ByteDance Ltd., to sell its stake or face a ban in US app stores.

Billionaire Ellison Is Moving Oracle to Nashville From Texas

<-bsp-bb-link state="{"bbHref":"bbg://screens/BBIO%201491757","_id":"0000018f-11a9-d583-afbf-d3fd6a250000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Larry Ellison plans to make Nashville the world headquarters for Oracle Corp., only a few years after relocating the tech giant from Silicon Valley to Austin.

Lyft’s $1 Million Legal Fees Bid Sinks in California Patent Suit

Lyft Inc.’s patent-related settlement with Quartz Auto Technologies LLC blocks the rideshare company from receiving over $1 million in attorneys’ fees in its declaratory judgment action, a California federal judge ruled.

Tesla’s Self-Driving Software Is a Perpetual Revenue Letdown

The chasm between what Elon Musk says about commercializing self-driving technology and what <-bsp-bb-link state="{"bbHref":"bbg://securities/TSLA%20US%20Equity/BICO","_id":"0000018f-1194-d583-afbf-d3dc6eff0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tesla Inc. says later in regulatory filings has never been wider.