legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal

Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
January 13, 2021  |  ANTITRUST

Singapore’s Competition Appeals Board has upheld fines of S$6.6 million (Singapore dollars) levied against Uber, affirming that its merger deal with ride-hailing rival Grab had...

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Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation
Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation
January 12, 2021  |  Partnerships

Visa has opted out of its $5.3 billion planned acquisition of Plaid after objections stemming from a Department of Justice (DOJ) antitrust lawsuit, The Wall...

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Rakuten Mobile Employee Arrested, Accused Of Stealing SoftBank Secrets
Rakuten Mobile Employee Arrested, Accused Of Stealing SoftBank Secrets
January 12, 2021  |  Cybersecurity

An ex-employee of SoftBank, a major Japanese wireless carrier, was reportedly arrested on Tuesday (Jan. 12) on suspicion of stealing trade secrets before taking a...

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Robinhood User Sues Platform After Account Hacked
Robinhood User Sues Platform After Account Hacked
January 10, 2021  |  Legal & Regulation

A California man has sued Robinhood Financial and Robinhood Securities, claiming he lost thousands of dollars after his brokerage account with the firm was breeched,...

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Russian Hacker Sentenced To 12 Years In Prison
Russian Hacker Sentenced To 12 Years In Prison
January 07, 2021  |  Cybersecurity

Russian hacker Andrei Tyurin, who helped carry out an attack on J.P. Morgan Chase, among other companies, has been sentenced to 12 years in prison,...

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NY Governor Unveils Plan To Allow Mobile Sports Betting
NY Governor Unveils Plan To Allow Mobile Sports Betting
January 06, 2021  |  Legal & Regulation

New York Gov. Andrew M. Cuomo has unveiled a plan to allow mobile sports betting in the Empire State, Wednesday (Jan. 6) according to several reports...

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Several US States Sue Banking Regulator Over ‘True Lender’ Rule
Several US States Sue Banking Regulator Over ‘True Lender’ Rule
January 06, 2021  |  Loans

Washington D.C. joined seven states in suing a bank regulator over a rule they fear could encourage predatory lending by stopping them from leveling state...

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Chinese Government Asks Ant Group To Share Consumer Data
Chinese Government Asks Ant Group To Share Consumer Data
January 06, 2021  |  Cross-border Payments

Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group, which he’s largely resisted doing for years, The Wall Street...

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