Much hullabaloo has resulted from Elon Musk’s tweet in August 2018, announcing falsely that he had secured funding to take Tesla private at $420 a share. The Securities and Exchange Commission’s (“SEC”) official fraud investigation reports that Musk seriously rounded to $420 to impress his girlfriend with a weed reference. Due to stockholder pressure, Musk …
Last month, New York took yet another step toward regulating nascent virtual currency exchanges, which are largely used as a platform to trade virtual cryptocurrencies in a way that is similar to how securities are traded on a more traditional stock exchange. The Office of the New York State Attorney General released its “Virtual Market …
Someone has probably told you “you can watch it on Netflix.” Nowadays, Netflix is practically synonymous with video streaming service. Although Netflix’s impressive 130 million subscribers still stands head and shoulders above any other streaming service, more and more competitors have begun to throw their hat in the ring. Amazon, Hulu, Disney, HBO, YouTube, and …
A human trafficking survivor has sued Facebook, Backpage.com and others in Texas state court, accusing the social media giant and the now-defunct classified ads website of providing an unrestricted platform for predators to exploit, extort and recruit children into the sex trade. The lawsuit was filed Monday in Harris County and it claimed all these …
In 2015, the Federal Communications Commission (FCC) enacted a rule that prevented internet service providers (ISPs) “from using their market power to favor some websites and services over others.” Known as net neutrality, this rule had prevented ISPs from intentionally blocking, slowing down specific content or websites, and charging their customers additional fees for access …
Last June, California Governor, Jerry Brown, signed into law the nation’s most restrictive regulation on privacy, the California Consumer Privacy Act (“CCPA”). The law takes effect on January 2020 and grants California residents: the right to know what personal information a business collected on the resident; the right to request the business to delete the …
Although social media has acted as a platform for world leaders and celebrities to make major controversial statements, it can also act as a platform for governmental regulation. Recently, the Securities and Exchange Commission has vehemently pursued litigation against the Chief Executive Officer of Tesla, Elon Musk. The S.E.C.’s action was entirely related to events …
Outside of the realm of crime scene analysis, the innovative use of technology is not often something we associate with the investigative practices of a local police department. Last week, however, the Newport Beach Police Department (NBPD) announced the release of a podcast, written, produced, and narrated by the department itself, to bring fugitive Peter …
On September 30, the federal government filed suit against California mere hours after the state passed what has been called the “toughest net neutrality law ever enacted in the United States.” The new law was enacted to restore net neutrality rules in California after Obama-era federal protections were repealed by the FCC in December 2017. …
Verizon Wireless has recently announced its plan to introduce its 5G technology into your home, and its debut will not be coming to your phone, at least not at first. The tech giant plans to introduce the 5G technology as a wireless internet option that uses radio waves to deliver wifi, with package discounts to …
