Legal

Legal
FTC: Meta Trying to Buy Its Way to Top of VR Space With Proposed Within...
July 27, 2022

The Federal Trade Commission on Wednesday (July 27) announced it will push to block social media giant Meta Platforms’ acquisition of Within Unlimited and its virtual reality (VR) fitness app Supernatural, according to a commission press release. Get the Full Story Complete the form to...

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Sen. Durbin Wants Another Bite at Card Interchange Fees
July 27, 2022

A pair of U.S. senators are preparing a bill that would give merchants the ability to process many Mastercard and Visa credit cards over different networks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
July 25, 2022

Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used investor funds for his own purposes, a press release from the Department of Justice (DOJ) said Monday. Get the Full...

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BNPL Firm Sezzle Sues GameStop for Dropping Payment Service
July 18, 2022

Sezzle, a FinTech based in Minneapolis, is suing GameStop over allegations that the video game retailer broke a contract by dropping Sezzle’s payment services, the Minneapolis/St. Paul Business Journal wrote Monday (July 18). Get the Full Story Complete the form to unlock this article and...

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Uber Pays Millions on Justice Department Suit Regarding Overcharging Disabled Riders
July 18, 2022

The U.S. Department of Justice on Monday (July 18) settled with Uber Technologies for several million dollars related to a lawsuit that alleged Uber violated the Americans with Disabilities Act by overcharging more than 65,000 riders with disabilities, according to a DOJ press release. Get...

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NFTs Are Now a Legal Way to Serve Documents in UK Courts 
July 14, 2022

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 agree to receive marketing communications from PYMNTS and...

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Twitter Preps for Court Battle With Musk
July 10, 2022

Elon Musk might be headed for a courtroom fight with social media giant Twitter, in the wake of Musk dropping out of his $44 billion proposal to buy the company out, The Wall Street Journal reported Saturday (July 9). Get the Full Story Complete the...

Legal
Graff Diamonds Sues Insurance for Losses After Paying $7.5M Ransom to Hackers
July 06, 2022

Graff Diamonds, a British luxury jeweler, has paid a ransom in bitcoin of $7.5 million to Conti, the Russian hacking gang which leaked data on the company’s big clients last year, Bloomberg reported Wednesday (June 6), citing a London lawsuit. Get the Full Story Complete...

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Forever 21 Owner Authentic Brands, Bolt Settle Lawsuit, Make Peace
July 06, 2022

Forever 21 owner Authentic Brands Group (ABG) and checkout technology firm Bolt said they are continuing their partnership after settling a lawsuit filed by ABG against Bolt, according to a Wednesday (July 6) press release. Get the Full Story Complete the form to unlock this...