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News Corp-Owned Publishers File Copyright Infringement Suit Against Perplexity
October 22, 2024

Two News Corp-owned publishers — Wall Street Journal (WSJ) parent company Dow Jones and the New York Post — have filed a copyright infringement lawsuit against artificial intelligence (AI) search engine Perplexity. Get the Full Story Complete the form to unlock this article and enjoy...

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Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
October 08, 2024

Citibank lawyers urged a judge Tuesday (Oct. 8) to throw out a suit filed in January by New York Attorney General Letitia James that accuses the bank of failing to protect fraud victims. Get the Full Story Complete the form to unlock this article and...

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Durbin Shows Support for Illinois Interchange Law by Filing Amicus Brief
October 08, 2024

U.S. Sen. Dick Durbin of Illinois is supporting an Illinois law that will bar the charging of interchange fees on the tax and tip portions of credit and debit card transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
October 08, 2024

Most of FTX’s creditors will profit from their investments in the failed cryptocurrency exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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EU Court Rules Meta Violated GDPR With Personal Data Use for Advertising
October 04, 2024

The Court of Justice of the European Union (CJEU) ruled Friday (Oct. 4) that Meta Platforms can use only some of the data it gathers from Facebook users to deliver targeted advertising. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Ripple Vows to Fight as SEC Appeals XRP Ruling
October 03, 2024

Blockchain firm Ripple said it’s prepared to continue its legal battle against the Securities and Exchange Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

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TD Bank Pays $20 Million to Resolve Spoofing Case
September 30, 2024

TD Bank is reportedly settling a case involving illegal “spoof” orders by a former trader. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Epic Games Suing Google and Samsung Over App Store Competition
September 30, 2024

Epic Games is accusing Samsung and Google of a scheme to block their competition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

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Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
September 24, 2024

Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the prosecution of FTX founder Sam Bankman-Fried, reportedly received a harsher sentence than the one recommended by the federal Probation Department....