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.

FTX Execs Caroline Ellison and Ryan Salame Get Prison Time Shortened
FTX Execs Caroline Ellison and Ryan Salame Get Prison Time Shortened
December 26, 2024  |  Cryptocurrency

Following the collapse of cryptocurrency exchange platform FTX amid fraud convictions, former executives Caroline Ellison and Ryan Salame have had their prison time shortened. Get...

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What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
December 26, 2024  |  Regulation

Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. Get the Full Story Complete...

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CFPB Sues Rocket Homes, Alleging Illegal Kickback Scheme
CFPB Sues Rocket Homes, Alleging Illegal Kickback Scheme
December 23, 2024  |  CFPB

Rocket Homes said Monday (Dec. 23) that it “will not rest” until it sees the dismissal of Consumer Financial Protection Bureau (CFPB) allegations that were announced...

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Google Faces Antitrust Lawsuit From Polish eCommerce Platform
Google Faces Antitrust Lawsuit From Polish eCommerce Platform
December 23, 2024  |  Google

Google is facing a $567 million lawsuit from an arm of Polish eCommerce platform Allegro. Get the Full Story Complete the form to unlock this...

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CFPB Sues Walmart and Branch Over Accounts for Gig Economy Drivers
CFPB Sues Walmart and Branch Over Accounts for Gig Economy Drivers
December 23, 2024  |  Gig Economy

Both Walmart and FinTech company Branch said Monday (Dec. 23) that they will defend themselves “vigorously” against a Consumer Financial Protection Bureau (CFPB) lawsuit filed...

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Google Proposes Revision of Search Deals to Address Antitrust Ruling
Google Proposes Revision of Search Deals to Address Antitrust Ruling
December 23, 2024  |  ANTITRUST

For many Apple device users, Google is the default choice for browsing the web. Get the Full Story Complete the form to unlock this article...

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Amazon and Universal Music Tackle ‘Unlawful’ AI-Generated Content
Amazon and Universal Music Tackle ‘Unlawful’ AI-Generated Content
December 23, 2024  |  artificial intelligence

Amazon and Universal Music Group (UMG) have expanded their partnership with an eye toward AI. Get the Full Story Complete the form to unlock this article and enjoy...

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Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
December 20, 2024  |  Legal

OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s...

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CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
December 20, 2024  |  Legal

The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and...

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