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TikTok's Friends Features 'Set Off Alarm Bells' At Facebook

By Bryan Koenig

The head of Facebook echoed the testimony of other Meta Platforms Inc. executives who've described TikTok as their chief competitor on Thursday, pushing back against Federal Trade Commission monopolization claims by arguing in D.C. federal court that both social media giants have responded to competition from the other.

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Anthropic's Atty Says Client's Own AI Created Error In Filing

By Dorothy Atkins

A Latham & Watkins LLP associate representing Anthropic in the artificial intelligence company's copyright fight with music publishers said Thursday that she used Anthropic's own Claude.ai tool to help draft an expert's declaration that included an erroneous citation, but she argued the error was "an honest citation mistake and not a fabrication of authority."

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X Wants $105M Video Patent Verdict Thrown Out

By Adam Lidgett

X Corp. said it wants to undo a Dallas jury's finding from last month that said it owed $105 million for infringing a startup company's video sharing patent, arguing a reasonable jury could not have found the single claim was worth that much.

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Zuckerberg Can't Avoid Deposition In Meta Health Privacy Suit

By Hailey Konnath

A California federal judge on Wednesday refused to rethink her earlier order forcing Meta CEO Mark Zuckerberg to give a limited deposition in privacy litigation over a Facebook tool's alleged collection of patient health information, rejecting Meta's arguments that other executives are better suited to testify.

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Trump Media Pushes Presidential Immunity In Del. Hearing

By Katryna Perera

President Donald Trump's social media company on Thursday continued to urge the Delaware Chancery Court to, at a minimum, pause a lawsuit brought by investors alleging that the platform going public cheated them out of their shares, arguing that "the power to sue the president, is the power to destroy the presidency."

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Coinbase May Avoid BiT Global's $1B Antitrust Suit, For Now

By Bonnie Eslinger

A California federal judge indicated Thursday she'll likely toss a $1 billion antitrust case against Coinbase claiming the cryptocurrency exchange delisted BiT Global after launching a competing "wrapped" bitcoin product for trading on decentralized exchanges, saying the suit didn't plausibly allege that Coinbase gave false justifications for dropping the rival.

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J&J Unit's Economist Rips Rival's $147M Antitrust Damage Bid

By Gina Kim

Biosense Webster's economic expert took the stand Thursday in California federal court to criticize Innovative Health's claim it suffered $147 million in damages from Biosense's policy withholding clinical support to hospitals using third-party reprocessed catheters, arguing Innovative lost nothing and saved on clinical support costs it otherwise would've incurred.

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Apple Accused Of False IPhone AI Promises In 50-State Suit

By Lauren Berg

Apple pulled a bait-and-switch on phone buyers when it promised that new artificial intelligence features would be available on the iPhone 16, despite knowing it hadn't yet developed those features, according to a sprawling proposed class action that brings claims under consumer protection laws in all 50 states.

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SEC Focused On 'Rooting Out' AI Abuse, Agency Atty Says

By Jessica Corso

The U.S. Securities and Exchange Commission is focused on "rooting out" the misuse of artificial intelligence by brokerage firms and publicly traded companies, a California audience heard Thursday as agency attorneys tried to combat the perception that the SEC's enforcement arm has gone silent.

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Google Leads In Filing The Most AI Patent Applications

By Adam Lidgett

Google is outpacing other Big Tech companies like Microsoft and IBM in filing patent applications in the artificial intelligence space, both globally and in the U.S., according to a new report.

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GOP Senators Say Gov't Should Ban Chinese Co.'s Routers

By Nadia Dreid

More than a dozen Republican senators have come together to urge the U.S. Department of Commerce to block the sale of Chinese-owned router-maker TP-Link's products in the United States, citing their growing fears about Chinese-made technology being used for espionage.

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C-Band Payment Clearinghouse Says Its Work Is Done

By Jared Foretek

The Federal Communications Commission's C-Band Relocation Payment Clearinghouse is planning to wind down its operation by the end of June, saying it's "completed all substantive functions required" by the commission dating back to its 2020 order expanding use of the C-band for 5G.

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Broadcasters, Wireless Biz Square Off Over 6 GHz Changes

By Jared Foretek

Big Tech is defending the Federal Communications Commission's move to open the 6 gigahertz band to unlicensed wireless devices, calling attacks from broadcasters "meritless" and saying they've been "debunked" numerous times already.

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5th Circ. Says Samsung Must Face Battery Suit In Texas

By Mike Curley

A divided Fifth Circuit panel has revived a man's claims against South Korea-based Samsung SDI Co. Ltd. in a suit over an exploding e-cigarette battery, finding the company's marketing to industrial companies in Texas is enough of a connection to the state to grant jurisdiction.

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Snap's Alice Win On Image Search Patents Gets Fed. Circ. OK

By Adam Lidgett

The Federal Circuit on Thursday refused to revive a lawsuit accusing Snap of infringing a pair of patents related to image searches, affirming a lower court's decision that the claims were patent ineligible under the U.S. Supreme Court's Alice decision.

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Student Clearinghouse Gets Final OK For $10M Breach Deal

By Hailey Konnath

A Massachusetts federal judge has granted final approval to National Student Clearinghouse's proposed $9.95 million settlement resolving allegations that the student data company's lax security practices exposed Social Security numbers and personal information in the hack of Progress Software's MOVEit file transfer tool.

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Live Nation's Atty Fails To 'Move The Needle' In Discovery Bid

By Craig Clough

A California federal judge appeared likely Thursday to stick with his tentative ruling that Live Nation's ticketing rivals can protect documents they say could facilitate the very conduct at issue in an antitrust case, telling an attorney for the company his arguments did not "move the needle."

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DC's Amazon Antitrust Trial To Be Bumped Deeper Into 2027

By Nadia Dreid

The District of Columbia's antitrust suit accusing Amazon of not allowing sellers to offer their products for less on other platforms will probably not make it to trial until closer to mid-2027, after the parties told a D.C. judge Thursday that the original January 2027 trial date would have to be moved back.

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Covington Atty To Help With Squarespace Appraisal Discovery

By Rose Krebs

A Delaware vice chancellor has appointed a Covington & Burling LLP attorney to help sort through discovery issues in an action Glazer Capital LLC-managed funds have filed to determine the fair value of their Squarespace Inc. shares.

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Wayfair IT Contract Claims Must Be Arbitrated, Court Hears

By Joyce Hanson

An information technology firm has told a Texas federal judge that another IT provider must arbitrate its fraud suit against the firm stemming from their contract to provide software and hiring services to online retailer Wayfair LLC.

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Semiconductor Co. Fights Investors' Pandemic Demand Suit

By Sydney Price

Semiconductor maker STMicroelectronics has urged a federal judge to boot an investor suit alleging the company and its executives failed to predict pandemic-related demand declines, arguing the suit is flawed with "fraud-by-hindsight" logic.

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LG Cheats Buyers By Starting Warranties Early, Suit Says

By Rae Ann Varona

LG Electronics is cheating consumers and breaking California's consumer warranty law by starting warranty periods at the dates consumers buy the appliance company's products and not when products are delivered, two California residents alleged in a putative class action filed Wednesday.

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AI Startup Perplexity Seeks $14B Valuation, And More Rumors

By Tom Zanki

Perplexity is in talks for a new funding round that would value the artificial intelligence startup at $14 billion, OpenAI is reworking a multibillion-dollar agreement with Microsoft Corp. in order to free up its plans for an initial public offering, and Dutch power grid operator TenneT is considering selling a stake in its German division for up to $13 billion.

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Entrata Hits $4.3B Valuation After $200M Blackstone Plug

By Jade Martinez-Pogue

Wilson Sonsini Goodrich & Rosati PC-advised Entrata, an operating system for multifamily housing communities, revealed on Thursday that it reached a $4.3 billion valuation after securing a $200 million minority investment from private equity giant Blackstone, led by Weil Gotshal & Manges LLP.

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Greenberg Traurig, Loeb Guiding $1.7B Acuren, NV5 Deal

By Al Barbarino

Acuren Corp. said Thursday it will acquire NV5 Global Inc. in a cash-and-stock deal worth about $1.7 billion, combining two companies that serve key roles in infrastructure and industrial markets.

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Brief

TensorWave Wraps $100M Series A Funding Round

By Jade Martinez-Pogue

Artificial intelligence infrastructure company TensorWave, advised by Simpson Thacher & Bartlett LLP, said it closed its Series A funding round after securing commitments for $100 million, which will help the company capitalize on the increasing demand for next-generation AI compute infrastructure.

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Battery Recycler Cites 'Green' Funding Uncertainties In Ch. 15

By Clara Geoghegan

Lithium battery recycler Li-Cycle asked a New York bankruptcy judge to recognize its Canadian insolvency, saying the current political climate has made investors wary of infusing money needed to tap a $475 million U.S. federal loan.

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Genesis Fights Jefferies Bid To Be Paid In Bitcoin Over USD

By Alex Wittenberg

Failed cryptocurrency lender Genesis Global has asked a New York bankruptcy judge to throw out investment bank Jefferies' request for an order forcing the wind-down debtor to take back money it paid Jefferies and instead reimburse it in bitcoin, arguing it's too late for the bank to amend a claim that was filed "solely in dollars."

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DC Circ. Questions Exchanges' Challenge To SEC Fee Caps

By Tom Zanki

A D.C. Circuit panel expressed skepticism on Thursday of stock exchanges' arguments that the U.S. Securities and Exchange Commission exceeded its authority when it approved across-the-board caps on exchange fees tied to new rules aimed at reducing trading costs.

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Judge Recuses After Atty's Conviction Partially Overturned

By Brian Dowling

The Boston federal judge who oversaw the trial of an attorney charged with bribing a Massachusetts police chief to secure a local marijuana license recused himself from the case Thursday, after the First Circuit vacated most of the convictions and ordered the lawyer to be resentenced on the remaining guilty finding.

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Davis Wright Adds Longtime Knobbe Martens IP Duo In Seattle

By Andrea Keckley

Davis Wright Tremaine LLP has brought in two intellectual property partners credited with helping Knobbe Martens open its Seattle office.

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Maintaining Legal Compliance For GenAI In Life Sciences

As companies continue to implement generative artificial intelligence to enhance all phases of drug discovery, they must remain mindful of legal, regulatory and practical considerations as best practices in this space emerge and evolve, say attorneys at Sullivan & Cromwell.

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Choosing A Road To Autonomous Vehicle Compliance

As autonomous vehicle manufacturers navigate the complex U.S. regulatory landscape, they may opt for different approaches to following federal, state and local rules and laws, as they balance the tradeoffs between innovation, compliance and speed of deployment, say attorneys at Sidley.

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Trending At The PTAB: The Influence Of Litigation Arguments

Recent decisions from the Patent Trial and Appeal Board shed light on the varying extent to which the board considers patent owners' district court arguments, particularly with respect to the meaning of claim terms, say attorneys at Finnegan.

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Gauging Professional Sport Biometric Data Privacy Concerns

In today's data-driven sports industry, teams, leagues and sponsors increasingly rely on biometric and performance data to enhance player performance, prevent injuries and optimize contract negotiations, but this growing reliance on highly sensitive data raises significant legal and privacy concerns, particularly in light of evolving biometric privacy laws, say attorneys at Foley & Lardner.

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Only Certainty About FAR Reform Order Is Its Uncertainty

The president’s recent order overhauling the Federal Acquisition Regulation, which both contractors and agencies rely on to ensure predictability and consistency in federal procurement, lacks key details about its implementation, which will likely eliminate many safeguards that ensure contractors are treated fairly and that procurements are awarded in a reasonable manner, say attorneys at Miles & Stockbridge.

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Series

Teaching Business Law Makes Me A Better Lawyer

Teaching business law to college students has rekindled my sense of purpose as a lawyer — I am more mindful of the importance of the rule of law and the benefits of our common law system, which helps me maintain a clearer perspective on work, says David Feldman at Feldman Legal Advisors.

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9th Circ. Mulls DOJ Shield Of Jones Day VW Documents

By Linda Chiem

A Ninth Circuit panel on Friday questioned whether it could force the U.S. Department of Justice to hand over confidential Volkswagen documents it obtained through a grand jury subpoena that were part of Jones Day's internal investigation into the automaker's 2015 emissions-cheating scandal.

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Attys With 'Borrowed' Claims Can't Skip Inquiry, Lumen Says

By Jared Foretek

Telecommunications company Lumen has told the Colorado Supreme Court that attorneys still need to conduct their own "objectively reasonable inquiry" when borrowing claims from outside litigants, in the hopes of beating a shareholder suit that took allegations from other cases despite attorneys not speaking to the witnesses.

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Trump Calls On Justices To Stay Block Of Gov't Restructuring

By Beverly Banks

President Donald Trump asked the U.S. Supreme Court on Friday to pause a California federal judge's order temporarily halting agencies from implementing an executive order to plan reorganizations and reductions in force, claiming the lower court's decision has caused confusion and wasted taxpayer dollars.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Jackson Walker Criticizes JC Penney Fee Suit As 'Money Grab'

By Emily Sawicki

Jackson Walker LLP wants out of a fee suit brought by former client J.C. Penney, arguing that the bankrupt department store's wind-down debtors entered claims as a "leverage play and a money grab" after learning that a firm partner had engaged in a yearslong undisclosed relationship with a Texas bankruptcy judge.

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Progressive, Kanner & Pintaluga Slam Accident Data Suit

By Ryan Harroff

Progressive Casualty Insurance Co. and Kanner & Pintaluga PA have filed separate motions in Texas federal court to dismiss a proposed class action accusing the two of conspiring to share auto crash victims' private information against state and federal law, with each arguing that the allegations, as the insurer put it, "make no sense."

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5th Circ. Asked To Undo Houston Firm's 'Absurd' PPP Denial

By Catherine Marfin

A Houston firm asked the Fifth Circuit to reverse the U.S. Small Business Administration's "absurd" denial of its loan forgiveness under a COVID-19-era program, writing that a "good faith but mistaken answer" to an application question would have produced a different result under changed guidelines.

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Law360's Legal Lions Of The Week

By Kevin Penton

Hogan Lovells and the Fomby Law Firm lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that courts must weigh the full sequence of events — not just the instant a threat arises — when deciding if police used excessive force.

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American Arbitration Assoc. Accused Of Pro-Corp. Monopoly

By Bonnie Eslinger

The American Arbitration Association monopolizes the market for consumer arbitration and is "an unfair forum where consumers lose" to corporate defendants, according to a proposed consumer class action filed in Arizona federal court.

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Susman Godfrey Expands DEI Scholarships Amid Trump Fight

By Emily Johnson

Susman Godfrey LLP announced Friday that the firm has expanded a scholarship program for law students of color to a total of $100,000 — up from $70,000 the firm handed out last year — amid criticism from the Trump administration that the prizes constitute racial discrimination as the firm battles the government over an executive order targeting it.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

An SEC enforcement officer has told business leaders to expect more empathy from the agency, as well as fewer outside compliance monitors. And an ousted ATF chief counsel is fighting back by co-founding a boutique law firm to defend federal workers in employment battles.

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