Former President Donald Trump has been unable to obtain an appeal bond to secure a $454 million civil judgment against him in a New York business fraud case, his attorneys said in a court filing Monday. Lawyers for Trump and his co-defendants said it has been “impossible” for them to secure a complete appeal bond, … Read more
SYDNEY — Global rideshare giant Uber will pay 272 million Australian dollars ($178 million) to settle a long-running dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market. A class action against Uber had been expected to go to trial in the Supreme Court of Victoria on … Read more
Former U.S. President Donald Trump speaks during a press conference after attending the E. Jean Carroll second civil trial in New York City on Jan. 17, 2024. Shannon Stapleton | Reuters Former President Donald Trump on Friday appealed a civil defamation verdict in favor of writer E. Jean Carroll, and posted a $91.6 million bond as … Read more
Executive Chairman and CEO of Microsoft Corporation Satya Nadella attends a session during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Denis Balibouse | Reuters Microsoft is accusing The New York Times of “unsubstantiated” claims in the publisher’s lawsuit filed in December against OpenAI, a case that … Read more
“Let’s remember that Elon Musk has multiple competing AI efforts, but notably [he founded] xAI, a competing AI company,” says David Shrier, professor of practice, AI and innovation at London’s Imperial College Business School. He adds that the lawsuit may be an attempt to slow down xAI’s competition. Regardless, Shrier believes Musk’s lawsuit reflects broader … Read more
Former U.S. President Donald Trump speaks after arriving for his civil business fraud trial in New York State Supreme Court on December 7, 2023 in New York City. Eduardo Munoz Alvarez | Getty Images Former President Donald Trump on Monday filed a notice of appeal of the New York civil judgment finding him liable for … Read more
Bitcoin was invented by Satoshi Nakamoto, an enigmatic figure about whom almost nothing is known. Fifteen years ago, Satoshi brought the idea of an electronic cash system into being with the help of a small cast of oddballs. This week, some of those early collaborators—now crypto-celebrities in their own right—took to the witness box of … Read more
Among various acts of alleged forgery, Hough charged that Wright backdated documents to make them seem like precursors to the original 2008 Bitcoin white paper; manipulated email communications in support of his claim to be Nakamoto; inserted material post-factum into his academic papers to imply he conceived of Bitcoin long before its release; and used … Read more
Even so, a little more than two weeks after publishing its investigation into Appin Technology, on December 5, Reuters complied with the Indian court’s injunction, removing its story. Soon, in a kind of domino effect of censorship, others began to take down their own reports about Appin Technology after receiving legal threats based on the … Read more
For eight years, Craig Wright has claimed to be the elusive Bitcoin creator Satoshi Nakamoto. On Monday, in the swelling heat of a UK courtroom, a trial began that will finally settle the question. Wright, flanked by his legal team, appeared relaxed during opening arguments, leaning back in his chair with one leg crossed over … Read more