December 28, 2023
Apple Inc. said it would put its latest smartwatch models back on sale in its US retail stores Wednesday after it won a court ruling in a patent fight, providing a quick reprieve for its $17 billion business. The company …
December 28, 2023
Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior director of compensation …
December 28, 2023
A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children’s toy Squishmallows on its online platforms. U.S. District Judge Jesse Furman in Manhattan said …
December 28, 2023
The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of dollars from victims around the world. The website for the extortion group BlackCat, also known as ALPHV or Noberus, on …
December 28, 2023
Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association’s “Work in America Survey: Workplaces as Engines of Psychological Health & Wellbeing.” The national survey found that 77% of U.S. workers …
December 28, 2023
Million-dollar court cases, expert predictions and in-depth market analysis — Insurance Journal’s top-read directors and officers insurance stories in 2023 scrutinized notable national headlines through a D&O lens. Meanwhile, big-picture evaluations continued to draw attention, as did a legal dispute …
December 27, 2023
The New York Times Co. sued Microsoft Corp. and OpenAI Inc. for the use of content to help develop artificial intelligence services, in a sign of the increasingly fraught relationship between the media and a technology that could upend the …
December 27, 2023
Wall Street’s affair with blank-check firms, the finance fad that pushed companies onto the stock market during the COVID-19 pandemic, ended this year with a string of big bankruptcies and even bigger losses for shareholders. At least 21 firms that …
December 27, 2023
In late November, an Iranian-backed hacking group attacked Israeli-made digital controls commonly used in the water and wastewater industries in the US, affecting multiple organizations across several states. That same month, the North Texas Municipal Water District, which supplies water …
December 27, 2023
In recent years, the insurance industry has been grappling with a growing concern: the surge in what is now termed “nuclear verdicts.” As the name suggests, these are not just ordinary legal outcomes. These verdicts are particularly high jury awards …