California hits Google for $93M over deceptive location data options

A lawsuit filed against Google by California’s Attorney General over the company’s deceptive and misleading options for managing location data has resulted in a $93 million settlement —

The civil rights movement comes to venture capital

Black women raise around 0.4% of all venture capital funds in any given year, and grant programs like what Fearless built were created to fill that funding gap.

Google pushes Match for more money in antitrust battle, court filing states

Google has filed a new motion to the court in its antitrust battle with Epic Games and Match Group, where it claims that the dating app maker owes additional fees beyond the $40 million that had been

Fearless Fund responds to racial discrimination lawsuit

This marks the first time Fearless Fund has publicly and officially acknowledged AAER’s lawsuit against it since the news broke last week.

The struggle to diversify venture investments is under fresh fire

This week, Dominic-Madori Davis came back to chat with Mary Ann and Alex about a lawsuit targeting a grant program for Black women who run small businesses.

SEC sues Richard Heart and his projects Hex, PulseChain and PulseX for fraud, securities violations

The U.S. Securities and Exchange Commission (SEC) said it is suing Richard Schueler, known online as Richard Heart, and his three crypto projects, Hex, PulseChain and PulseX, for conducting unregister

Federal court rules Ripple’s XRP token can be treated as a security… sometimes

The saga of Ripple Labs, the XRP token and whether the sale of its crypto token constituted a securities law violation in the U.S. advanced today. In a ruling from the U.S. District Court of the South

Meta found liable as court blocks firing of moderators

A Kenyan court has ruled that Meta is the primary employer of content moderators suing the social media giant and its content review partner in Africa, Sama, for unlawful dismissal. The 184 moderators

Kenyan court paves way for lawsuit alleging Facebook played role in fueling Ethiopia’s Tigray conflict

Petitioners seek to compel Meta to stop viral hate on Facebook, ramp up content review, and to create a $1.6 billion compensation fund.

Appeals court rules in favor of Meta in antitrust case from state AGs

Meta has won an antitrust lawsuit, under appeal, that pitted the tech giant against dozens of state attorneys general, led by New York. The states alleged Meta had illegally maintained monopoly power

Ex-Twitter CEO Agrawal, other execs sue firm over unpaid legal bills

Former Twitter employees, including ex-CEO Parag Agrawal, ex-legal head Vijaya Gadde and ex-CFO Ned Segal, have sued the social network over alleged unpaid legal reimbursements. The lawsuit, filed in

A judge dismissed Phhhoto’s antitrust suit against Meta

A U.S. District Court Judge for the Eastern District of New York threw out a lawsuit against Meta this week that had been simmering for a year and a half. The suit, filed in late 2021 by now-shuttered

SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations

The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto as

DoJ accuses Google of deleting chats in its antitrust investigation, similar to Fortnite’s case

In a new filing late last week, the U.S. Department of Justice alleged that Google “routinely destroyed” an entire category of written communications in its antitrust investigation against

If Sequoia, Paradigm and Thoma Bravo settle a new lawsuit, it could upend VC; here’s why

It was only a matter of time before frustrated customers of the fallen crypto exchange FTX went after its deep-pocketed venture backers. Indeed, the most surprising thing about a class-action lawsuit

US sues Google over ‘anticompetitive, exclusionary, and unlawful’ ad tech monopoly

The U.S. Department of Justice has filed suit against Google over alleged antitrust issues, claiming the search giant has monopoly control of the digital ad market. The DOJ is joined by eight states i

Musk stands to lose billions in trial over ‘funding secured’ tweet

The question of whether Tesla CEO Elon Musk is a fraud or is just too careless with his words took center stage in a San Francisco court room Wednesday. Under the microscope was Musk’s notorious 201

Delphia co-founder placed on leave after sexual assault allegations from former employee

Delphia, a mobile investment platform, is facing a lawsuit and allegations that its co-founder and CTO Cameron Agius-Westland sexually assaulted and harassed a former employee, according to a complain

Carta lays off 10% as CTO lawsuit looms

Carta, an equity management platform that was last privately valued at $7.4 billion, has cut 10% of its staff, confirming earlier rumors that a workforce reduction was going to happen. Judging by Link

New York Attorney General sues former Celsius CEO for defrauding crypto investors

New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, co-founder and former CEO of Celsius Network, according to an announcement on Thursday. James alleged that Mashinsky def
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