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Morrison & Foerster LLP - Social Media

Social Links: Section 230 Under Scrutiny (Again) From Lawmakers

Section 23o, the “26 words that changed the Internet,” is once again under scrutiny from lawmakers. At the federal level, Republicans and Democrats on the Senate Judiciary panel’s subcommittee on privacy, technology, and...more

Robins Kaplan LLP

Financial Daily Dose 5.12.2021 | Top Story: Fed Stands Pat on Strategy Despite Inflation Worries Roiling Markets

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Despite the reemergence of inflation and bubbles as the concerns-of-the-day that caused markets to quiver their way to a 3-month low yesterday, Fed officials remained committed to their “wait and see” strategy on removing...more

Hogan Lovells

Coronavirus: The Hill and the Headlines, March 2021 # 13

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In Washington: The Internal Revenue Service (IRS) is planning to extend the tax-filing deadline to mid-May, according to two top House Democrats. A news release Wednesday from House Ways and Means Committee Chairman Richard...more

Robins Kaplan LLP

Financial Daily Dose 2.2.2021 | Top Story: CBO Projects Faster US Recovery But Lagging Employment

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New CBO projections suggest that even without additional Congressional aid, the “American economy will return to its pre-pandemic size by the middle of this year.” While encouraging, the report offers cold comfort for the...more

Robins Kaplan LLP

Financial Daily Dose 1.26.2021 | Top Story: Apollo Global Ousts Leon Black as CEO Over Epstein Ties

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Private equity behemoth Apollo Global Management’s CEO, Leon Black, is stepping down after an outside inquiry by Dechert—“ordered by the firm’s board at Mr. Black’s behest in October”—revealed that Black “had paid more than...more

Robins Kaplan LLP

Financial Daily Dose 12.18.2020 | Top Story: States Unveil Yet Another Antitrust Action Against Google Over Search Dominance

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Another day, another new Google antitrust lawsuit—this time thanks to a group of 30-plus states that have accused the company of “illegally arranging its search results to push out smaller rivals.” Oh, and money likely won’t...more

Robins Kaplan LLP

Financial Daily Dose 12.17.2020 | Top Story: Fed Stays Bond-Buying Course, Urges Congress to Pass Covid Relief

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The Fed’s Open Markets Committee meeting wrapped on Wednesday, and in remarks following the meeting, Fed Chair Powell called the case for fiscal policy right now “very, very strong,”—a not-so-subtle nudge to Congress to act...more

Robins Kaplan LLP

Financial Daily Dose 12.16.2020 | Top Story: EU and UK Regulators Announce Sweeping New Laws Aimed at Big Tech Gatekeepers

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EU and British authorities unveiled new proposals this week to “crimp the power of ‘gatekeeper’ platforms like Amazon, Apple, Facebook, Google and Microsoft, which policymakers argue deserve more oversight given their outsize...more

Robins Kaplan LLP

Financial Daily Dose 12.7.2020 | Top Story: November Hiring Well Below Expectations as Employment Recovery Stalls

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Friday’s jobs report was not only 200,000 jobs below projections for November, but it marked the fifth straight month of a diminished pace of hiring in the United States and brought urgency to facing the reality that there...more

Robins Kaplan LLP

Financial Daily Dose 10.28.2020 | Top Story: Big Tech CEOs to Face Senators Today Over Section 230 and Content Monitoring

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A handful of tech’s biggest leaders—the CEOs of Facebook, Twitter, and Google, to be precise—descend upon the Hill today for a Senate Commerce Committee hearing on content monitoring and Section 230, the “slim and powerful...more

Robins Kaplan LLP

Financial Daily Dose 10.22.2020 | Top Story: OxyContin-maker Purdue Pharma to Plead Guilty, Pay $8.3B for Role in Opioid Crisis

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The Justice Department on Wednesday announced an $8.3 billion settlement with Purdue Pharma as part of a deal in which the company will plead guilty to criminal charges “related to its marketing of the addictive painkiller”...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights - Issue 7, September 2020

U.S. Judge Halts Trump's TikTok Ban, Hours Before It was Set to Start - "John Hall, an attorney for TikTok, said that the app, with some 100 million American users, is a 'modern day version of the town square' and shutting...more

Robins Kaplan LLP

Financial Daily Dose 9.23.2020 | Top Story: Fed Chair Calls for More Covid-Related Stimulus From Congress

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The latest from Fed Chair Powell and Treasury Secretary Mnuchin’s first of several days on the Hill, including their take that the economy is improving but that continued fiscal support—from the Fed and from Congress—was...more

Robins Kaplan LLP

Financial Daily Dose 7.28.2020 | Top Story: SEC Warns Under Armour Execs of Enforcement Action Over Past Accounting Practices

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The SEC has served Wells notices to Under Armour, warnings that the company and its execs could “face civil-enforcement action related to the sportswear maker’s past accounting practices,” including “the company’s disclosures...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – July 2020 #18

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In Washington - Senate Majority Leader Mitch McConnell (R-KY) introduced the “Health, Economic Assistance, Liability Protection, and Schools Act” (HEALS Act). The Republican proposal includes several provisions designed to...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – July 2020 #1

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In Washington: Senate Republicans are beginning to put together their own fifth COVID-19 aid package, but with no apparent Democratic involvement it’s unlikely to receive enough support to pass both chambers, according to...more

Robins Kaplan LLP

Financial Daily Dose 6.24.2020 | Top Story: Top German Court Upholds Antitrust Ruling Against Facebook Over Illegal Data...

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Germany’s Federal Court of Justice upheld a decision by the country’s antitrust watchdog on Tuesday that “Facebook had abused its dominance in social media to illegally harvest data about its users”—a “major victory for...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – June 2020 #13

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In Washington: The House will now require masks during committee hearings, per new guidance issued by the Capitol physician last night. Speaker Nancy Pelosi (D-CA) had discussed the idea with Democrats during a conference...more

Robins Kaplan LLP

Financial Daily Dose 5.21.2020 | Top Story: Podcaster Joe Rogan Signs Spotify Deal Worth $100M

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Podcasting megastar (and, for me, “News Radio” jack-of-all-trades) Joe Rogan has signed a multiyear deal to bring his “Joe Rogan Experience” show to Spotify, an agreement that “could be worth more than $100 million based on...more

Shook, Hardy & Bacon L.L.P.

Privacy and Data Security Alert l January 2020

States Consider Privacy and Data Security Legislation - It’s that time of year again, when we see a flood of legislative activity at the state level on privacy and data security laws. A couple of recent examples are below....more

Robins Kaplan LLP

Financial Daily Dose 9.10.2019 | Top Story: Activist Investor Singer Discloses Stake in AT&T and Pushes for Change

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Paul Singer’s Elliott Management hedge fund revealed a $3.2 billion stake in AT&T and, along with it, a healthy-skepticism of the company’s 2018 purchase of Time Warner and general calls to divest as part of a 24-page letter...more

Latham & Watkins LLP

The Systemic Importance of Cloud-Based Service Providers to Banks

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US lawmakers urge FSOC to designate cloud-based storage systems used by major banks as systemically important financial market utilities. In an August 22, 2019, letter addressed to Treasury Secretary Steven Mnuchin, in his...more

Foster Garvey PC

Short-Term Rental Update: Airbnb argues about City of Boston's short-term rental ordinance; AirDNA expands footprint of rental...

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Airbnb Back in Court - ("New rules don’t seem to be bringing Boston many short-term rental applications," Curbed - Boston on Apr 10) Earlier this week, Airbnb was in court arguing that the City of Boston’s short-term...more

Shook, Hardy & Bacon L.L.P.

Privacy and Data Security Client Alert | April 2019

Hotel Chain Pays $12 Million to Resolve Privacy Violations - Motel 6 settled claims with the Washington State Attorney General for $12 million to resolve charges that Motel 6 violated the Consumer Protection Act and the...more

Troutman Pepper

Pros And Cons Of Mandatory Arbitration Policies For Employment Disputes

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Q.  Our company has a policy providing for mandatory arbitration of employment claims. I heard recently that some companies are moving away from these types of policies.  What are the pros and cons of requiring all employees...more

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