Legal & Regulation

Legal & Regulation
TikTok Plans To Fight US Ban
August 23, 2020

Video-sharing app TikTok plans to fight back against the Trump administration’s attempt at a ban with a lawsuit, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
Apple’s Fortnite Fight Hurts All Gaming Business, Microsoft Says
August 23, 2020

Microsoft is stepping into the fray of the legal battle between Apple and Epic Games over the banning of the Fortnite app from the App Store and the banning of Epic’s account, CNBC reported. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
WeChat Users Sue Trump Administration Over Ban
August 23, 2020

A group of WeChat users filed a lawsuit against the President Donald Trump administration in a bid to block the president’s executive order that would bar transactions on the app, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock...

Legal & Regulation
Apple Says Epic Games Shouldn’t Return To App Store While Legal Battle Rages
August 21, 2020

Apple has responded to a lawsuit by Fortnite maker Epic Games that the tech giant’s practices are anticompetitive. 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...

Legal & Regulation
Citigroup Back To Federal Court Over $900M Error
August 21, 2020

Citigroup Inc. returned to court Friday (Aug. 21). 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, you...

Legal & Regulation
Facebook Puts Support Behind Data Movability Law Before FTC Meeting
August 21, 2020

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing technology firm, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

ANTITRUST
Zuckerberg ‘Cooperating’ With FTC In Facebook Antitrust Hearing
August 20, 2020

Facebook CEO Mark Zuckerberg testified before the Federal Trade Commission (FTC) as part of the agency’s antitrust investigation into the popular social media giant, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
TD Bank Agrees To Pay $122M In CFPB Overdraft Case
August 20, 2020

TD Bank has agreed to pay some $122 million to settle a case with the Consumer Finance Protection Bureau involving allegedly illegal overdraft practices, according to a administrative filing. The bank agreed to pay approximately $97 million to affected and a $25 million civil penalty....

Legal & Regulation
Uber, Lyft Granted Reprieve In California
August 20, 2020

The California appellate court has given Uber and Lyft more time to comply with an order requiring them to reclassify drivers as employees, CNBC reported Thursday (Aug. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...