Bloomberg Law
Tech & Telecom Law News

DirecTV Argues it was Duped into Agreement with Nexstar

Executives at Nexstar Media Group genuinely believed they could convince an NBC affiliate to renew its contract, a company lawyer told New York state judges Thursday, and didn’t purposely mislead DirecTV LLC in order to get the company to agree to a multiyear broadcast agreement.

Crypto Firm Sues SEC to Fend Off Oversight of Ethereum

Crypto software firm <-bsp-bb-link state="{"bbHref":"bbg://securities/1994287D%20US%20Equity","_id":"0000018f-174b-d583-afbf-d7df5f850000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Consensys sued the <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-174b-d583-afbf-d7df5f850001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities and Exchange Commission in an effort to fend off regulation of the Ethereum blockchain and push back against what it called the agency’s “campaign to seize control over the future of cryptocurrency.”

Atlassian’s Farquhar Resigns, Leaving Cannon-Brookes as Sole CEO

<-bsp-bb-link state="{"bbHref":"bbg://securities/TEAM%20US%20Equity/BQ","_id":"0000018f-1782-d583-afbf-d7de59730000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Atlassian Corp. Co-CEO <-bsp-person state="{"_id":"0000018f-1782-d583-afbf-d7de59730001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Scott Farquhar is stepping down from the Australian software company he co-founded over two decades ago, a surprise move that rattled investors.

Musk Escalates OpenAI Fight With Subpoena of Ex-Board Member

Elon Musk has stepped up his court fight with OpenAI by demanding documents from ex-board member <-bsp-person state="{"_id":"0000018f-16e9-d583-afbf-d6fd2dea0001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Helen Toner, who was a key player in the short-lived ousting of <-bsp-bb-link state="{"bbHref":"bbg://securities/1554630D%20US%20Equity","_id":"0000018f-16e9-d583-afbf-d6fd2dea0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">OpenAI Chief Executive Officer <-bsp-person state="{"_id":"0000018f-16e9-d583-afbf-d6fd2dea0003","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Sam Altman <-bsp-bb-link state="{"bbDocId":"S4AMUTT1UM0W","_id":"0000018f-16e9-d583-afbf-d6fd2dea0004","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">last year.

Micron Clinches Up to $13.6 Billion in US Grants, Loans

The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing.

Microsoft, Alphabet Face a ‘Show Me’ Moment After Meta Misfire

The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after <-rte-company state="{"_id":"0000018f-169b-d583-afbf-d6df733c0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Meta Platforms Inc. alarmed investors with its forecast.

Telehealth Is Booming During Covid. Is it Here to Stay?

Millions of Americans have taken advantage of telehealth during the coronavirus pandemic, so why has it taken so long for widespread adoption?

EXPLORE BLOOMBERG LAW

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: