A Marshall, Texas federal jury awarded $1 to Google for winning a case against patent-licensing company Beneficial Innovations Inc for suing its customers, Bloomberg reported.
Legal & Regulatory
Executives of New York Bitcoin startup arrested for alleged money laundering
Charlie Shrem and Robert Faiella, both executives of New York-based Bitcoin exchange business BitInstant, were arrested for money laundering in connection to the illegal drug transactions on an online black market, according to the Manhattan US attorney.
China auditors ban may lead Chinese firms to list in Hong Kong than New York- report
A ruling from a US court that banned the affiliates of the four biggest accounting firms may lead Chinese companies to seek an IPO in Hong Kong than in New York, Bloomberg reported.
AT&T Inc tells UK authorities it won't make a bid for Vodafone
AT&T Inc said it will no longer have any plans to make an offer for Vodafone Group Plc, preventing it from making a takeover bid in the next six months, Bloomberg reported.
Ericsson and Samsung Electronics Co strike new licensing deal to settle patent row
Ericsson and Samsung Electronics have come to a new licensing pact for wireless technology, putting an end to the patent war between the two firms, Bloomberg reported.
Latest News
The Federal Trade Commission scored a victory today after a federal judge ruled that the merger of a hospital chain and a doctor group must be undone because it violated antitrust laws, Bloomberg reported.
The Motorola Mobility unit of Google was mostly defeated in the antitrust case it filed against LCD makers it had claimed colluded to fix prices, Bloomberg reported.
Herman Gref, the Chief Executive of state-run Russian bank OAO Sberbank, has called on the Kremlin to prevent restrictions to the Bitcoin as lawmakers consider curbs, Bloomberg reported.
US Treasury Secretary Jack Lew and JPMorgan Chairman & Chief Executive Officer Jamie Dimon cautioned on the dangers of using the Bitcoin and predicted that regulation would most likely end it, the Financial Times reported.
The Argentine Republic’s government is imposing a restriction on online purchases, in a bid to reduce the amount of dollars leaving the country and help lift its economy.
Dallas, Texas-based luxury specialty department store Neiman Marcus confirmed that 1.1 million debit and credit cards could have been compromised during a malware attack from July 16 to October 30, 2013.
Google, Apple and other tech firms in Silicon Valley will be charged $1 each time their commuter shuttles will utilize the city's bus stops, Reuters reported.
JPMorgan ceases work on Chinese IPO candidate as US regulators investigate hiring practices- sources
JPMorgan Chase & Co has stopped working on the planned initial public offering of Chinese firm Tianhe Chemicals as US regulators continue its probe of the bank's hiring practices in China, Reuters reported.
The Bank of Finland said that digital currencies like the Bitcoin cannot be considered an official currency but is more comparable to a commodity, Bloomberg reported.
