Digital lender Upstart has become the latest U.S. FinTech seeking a banking charter. The company announced Tuesday (March 10) that it had applied to federal banking regulators the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to establish...
Microsoft said Tuesday (March 10) that a judge should block the Pentagon’s designation of Anthropic as a supply chain risk, CNBC reported Tuesday. The tech giant’s comments were delivered in its motion for a proposed amicus brief in Anthropic’s lawsuit against the Trump administration that was filed Monday (March 9),...
A judge has ordered several states to hold settlement discussions in their antitrust trial against Ticketmaster-owner Live Nation. Those states had joined in a Justice Department (DOJ) antitrust suit against Live Nation, and objected when the department reached a settlement with the company, asking U.S....
A civil lawsuit alleging that cryptocurrency exchange Binance and its founder, Changpeng Zhao, facilitated the transfer of funds to foreign terrorist groups was dismissed by a federal judge Friday (March 6), Reuters reported Friday. The judge ruled that the plaintiffs did not plausibly allege that...
The Bank Policy Institute (BPI) is considering suing the Office of the Comptroller of the Currency (OCC) over the banking regulator’s decisions to allow crypto, payment and FinTech companies to operate under national bank trust charters, The Guardian reported Monday (March 9), citing an unnamed...
Anthropic sued the Department of Defense Monday (March 9) to block it from placing a supply chain risk designation on the artificial intelligence (AI) company, Reuters reported Monday. The company filed the lawsuit in federal court in California, arguing that the designation violates its rights to free...
Attorneys general from several states say they haven’t abandoned their antitrust case against Live Nation. This came after the news Monday (March 9) that the U.S. Department of Justice had reached a settlement with the company, which owns Ticketmaster. As Reuters reported, Live Nation will...
First came the tariffs and their unpredictability, now come the refunds. As covered here last week, Judge Richard Eaton at the Court of International Trade ordered the U.S. Customs and Border Protection (CBP) to start the process of refunding importers the $130 billion collected under the now-illegal...
Nintendo of America has become the latest company going to court over U.S. tariffs. The videogame maker on Friday (March 6) filed suit against the U.S. government in hopes of recouping the money it paid in tariffs following last month’s Supreme Court ruling that declared...