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Robins Kaplan LLP

Financial Daily Dose 6.8.2021 | Top Story: DOJ Recovers Most of Ransom Colonial Pipeline Paid to Hackers

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In a rare cyber win for the good guys (at least one that’s publicly acknowledged), the DOJ revealed on Monday that it “had seized much of the ransom that a major U.S. pipeline operator had paid last month to a Russian hacking...more

Robins Kaplan LLP

Financial Daily Dose 5.3.2021 | Top Story: U.S. Economy Flourishes in Q1 on Pent-up Demand and Stimulus Spending

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Apple and Fortnite-maker Epic Games kick off their “high-stakes” trial over App Store fees, Apple’s payment system, and breach of contract. At the core of the dispute is Apple’s incredibly lucrative App Store, which charges...more

Robins Kaplan LLP

Financial Daily Dose 4.27.2021 | Top Story: Lyft Sells Its Level 5 Self-Driving Car Unit to Toyota for $550M

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Lyft is letting go of its self-driving car unit, Level 5—reaching a deal with Toyota’s Woven Planet subsidiary for $200M, with an additional $350M in payments over the next 5 years. Lyft revealed that “unloading Level 5 would...more

Robins Kaplan LLP

Financial Daily Dose 4.26.2021 | Top Story: Bitcoin Bounces Back Over 50k

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Bitcoin’s back (and no, it never really left), thanks to a rally this morning that pushed its value up as much as 10% at one point in early trading today. Elon Musk’s weekend tweeting and news that presumptive top NFL draft...more

Robins Kaplan LLP

Financial Daily Dose 4.22.2021 | Top Story: From Competition to A.I., Big Tech Facing Increasing Regulatory Scrutiny

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A Senate antitrust subcommittee hearing on Thursday turned into an airing of grievances session for smaller tech companies focusing on their issues with Apple and Google’s app stores and their “stranglehold on the business of...more

Robins Kaplan LLP

Financial Daily Dose 4.9.2021 | Top Story: CV Amazon Leading in Early Alabama Warehouse Union-Vote Tally

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Most eyes in the labor world are on Birmingham, Alabama, where the NLRB is hand-counting the 3215 ballots cast by workers in Amazon’s Bessemer, AL warehouse on whether to unionize. Though results could be released later...more

Robins Kaplan LLP

Financial Daily Dose 8.24.2020 | Top Story: TikTok Confirms Plans to Sue U.S. over Recent Executive Orders Targeting App

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More on TikTok’s plans to sue the U.S. over the White House’s recent executive orders seeking to block the app on American soil and force its owner, ByteDance, to sell its American assets. The company intends to argue that...more

Robins Kaplan LLP

Financial Daily Dose 10.1.2019 | Top Story: Credit Suisse COO Resigns in Wake of Corporate Spying Scandal

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Top Tidjane Thiam ally Pierre-Olivier Bouee, Credit Suisse’s COO, has resigned in the wake of an internal probe finding that he “ordered the surveillance of the bank’s former wealth-management chief, Iqbal Khan, without...more

Robins Kaplan LLP

Financial Daily Dose 7.23.2019 | Top Story: Apple to Buy Intel’s Smartphone Modem Chip Division

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Apple is in “advanced talks” to snap up Intel’s smartphone-modem chip business, a portfolio “of patents and staff valued at $1 billion or more.” The deal, should it close, would go far in prepping Apple for the arrival of...more

The Volkov Law Group

The Legacy of Michigan Senator Levin and Offshore Taxation Issues

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When Senator Levin, the Democrat from Michigan, announced his retirement from the Senate in 2014, you could hear a collective sigh of relief from the corporate business community. Senator Levin had dedicated himself to...more

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