Tag: Corporate Crime/Legal Action

Apple Appeals U.S. Ban That Halted Watch Sales
Technology

Apple Appeals U.S. Ban That Halted Watch Sales

Updated Dec. 26, 2023 3:21 pm ETApple is appealing a decision by a federal trade agency that forced it to stop selling two models of its smartwatches after the agency said Apple violated patents of a competitor.Apple said in court documents filed Tuesday the company will suffer “irreparable harm” if the ban stays in place, since the models are its two most popular. The watch models affected are its newest ones: the Apple Watch Series 9 and the Apple Watch Ultra 2.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Is Stealing AI Secrets to Turbocharge Spying, U.S. Says
World

China Is Stealing AI Secrets to Turbocharge Spying, U.S. Says

Updated Dec. 25, 2023 12:01 am ETOn a July day in 2018, Xiaolang Zhang headed to the San Jose, Calif., airport to board a flight to Beijing. He had passed the checkpoint at Terminal B when his journey was abruptly cut short by federal agents.After a tipoff by Apple’s security team, the former Apple employee was arrested and charged with stealing trade secrets related to the company’s autonomous-driving program.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision and California Agency File Settlement of Gender Discrimination Claims
Technology

Activision and California Agency File Settlement of Gender Discrimination Claims

Activision Blizzard and a California regulator filed a legal settlement in which the videogame company agreed to pay to resolve gender discrimination charges while the state withdrew sexual-harassment claims.The settlement between Activision and the California Civil Rights Department, if approved by a judge, would end a legal battle that helped lead to the videogame company’s sale to Microsoft. Settlement documents that both sides said were filed in California Superior Court confirm an agreement from last week.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Illumina to Divest Itself of Cancer-Test Maker Grail
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Illumina to Divest Itself of Cancer-Test Maker Grail

Gene-sequencing company Illumina said Sunday it will divest itself of cancer blood test maker Grail, following Illumina’s loss in its legal battle against U.S. antitrust regulators.Illumina said it will pursue the divestiture through a third-party sale or capital markets transaction, with a goal of completing terms by the middle of next year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
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Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

Updated Dec. 16, 2023 4:52 pm ETActivision Blizzard has agreed to pay more than $50 million to settle a high-profile lawsuit by a California regulator that helped spur Microsoft’s October takeover of the videogame company. The state’s Civil Rights Department sued Activision in mid-2021, alleging its leadership ignored numerous employee complaints of sexual harassment, discrimination and pay disparity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 
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How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 

Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old megahit “Fortnite”—which served as the catalyst for the legal battle—is undergoing a resurgence in popularity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
World

Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

Updated Dec. 15, 2023 10:35 pm ETActivision Blizzard has agreed to pay more than $50 million to settle a high-profile lawsuit by a California regulator that helped spur Microsoft’s October takeover of the videogame company, according to people familiar with the matter.The Civil Rights Department sued Activision in mid-2021, alleging its leadership ignored numerous employee complaints of sexual harassment, discrimination and pay disparity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tesla’s Engineers Are Less Boastful About Autopilot Than Elon Musk
World

Tesla’s Engineers Are Less Boastful About Autopilot Than Elon Musk

Updated Dec. 15, 2023 9:22 am ETThe Autopilot system that prompted Tesla’s recall of two million vehicles this week has been the subject of a series of lawsuits claiming the company promised more than it delivered, and in some cases, put people in danger. Tesla faces at least a dozen lawsuits in the U.S. related to the driver-assistance system, many of them brought by the families of people who died in crashes allegedly involving Autopilot. Consumers and investors have also sued Tesla, claiming its marketing of Autopilot and an upgrade called Full Self-Driving Capability is deceptive and misleading. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Creditors Cite Poll to Question Judge’s Impartiality in Fee Dispute
World

Creditors Cite Poll to Question Judge’s Impartiality in Fee Dispute

Dec. 15, 2023 5:48 pm ET|WSJ ProCreditors of 4E Brands say findings of a survey they commissioned support their case for Judge Marvin Isgur of the U.S. Bankruptcy Court in Houston to recuse himself from weighing in on a dispute over legal fees the maker of hand sanitizer paid its law firm.  The creditors are seeking the return to 4E Brands of fees it paid to the Jackson Walker law firm. The creditors say Isgur shouldn’t rule on their request because of his friendship and professional relationship of more than two decades with David R. Jones, a former bankruptcy judge who had been handling the company’s chapter 11 case.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8