Tech & Telecom Law News

Universal Injunctions’ Outsize Effects May Spur Justices to Act

Columnist David Lat explains the controversy behind universal injunctions and their impact on public policy and judicial power.

By David Lat

Temenos Names New CEO, Says Sales Hit by Short Seller Report

Temenos AG, the financial software company targeted by a short seller report earlier this year, announced its new chief executive officer after <-bsp-bb-link state="{"bbDocId":"S8YEZ8T0G1KW","_id":"0000018f-0ef6-d583-afbf-cefe319a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">repeated activist calls to replace interim CEO <-bsp-person state="{"_id":"0000018f-0ef6-d583-afbf-cefe319a0002","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Andreas Andreades.

TikTok Ban Looms With Biden Poised to Start 270-Day Countdown

For TikTok, the clock has started running in its existential fight to avoid a US ban.

Clear Customers Skipping Airport Lines Targeted in California

Clear wouldn’t be able to expand its screening services to additional airports in California under a revised bill state lawmakers advanced on Tuesday.

TikTok Ban-or-Divest Bill Set to Be Signed by Biden Into Law

The US Senate voted to ban TikTok’s ownership by Chinese parent <-bsp-bb-link state="{"bbHref":"bbg://securities/1774397D%20CH%20Equity","_id":"0000018f-0e5f-d583-afbf-cedf202a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">ByteDance Ltd., setting the stage for a constitutional clash over whether the prohibition deprives US users of their First Amendment free speech rights.

Google Postpones Phasing Out of Ad Cookies in Chrome Browser

Google delayed its plan to phase out cookies, software that lets marketers track users, in its Chrome browser this year, pushing to 2025 a move that will ultimately transform how advertisements are targeted on websites.

Ownership of Crypto Trading Software Patent Hinges on Marketing

Financial analyst Reggie Middleton’s bid to maintain control of his cryptocurrency trading platform likely hinges on whether he marketed to investors that the platform’s patented technology was owned by Veritaseum Inc., an issue his lawyer said Tuesday “is a bit confusing.”

California Digital Ad Tax Bill Advances Over Tech Objections

A California bill levying a 5% tax on digital advertising to fund youth mental health services passed its first committee Tuesday over stiff opposition from the tech industry.

IBM Said to Near Acquisition of Software Provider HashiCorp

International Business Machines Corp. is in advanced talks to acquire software company HashiCorp Inc., according to people with knowledge of the matter.

Jack Dorsey’s Block Finishes Development of Bitcoin Mining Chip

Digital payments company Block Inc., formerly known as Square, has finished the development of its Bitcoin mining chip as Chief Executive Jack Dorsey continues to advocate for a more accessible and decentralized system — an effort he’s <-bsp-bb-link state="{"bbDocId":"S5B1TCDWRGG0","_id":"0000018f-0cf3-d583-afbf-ceff706d0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">championed since 2021.