Legal & Regulatory

Ukrainian billionaire Dmitry Firtash indicted with US bribery charges

Dmirty Firtash, a Ukranian businessman was indicted of US bribery charges along with five other men over allegedly paying bribes to Indian government authorities to facilitate a mining project.


US Supreme Court to tackle software patent protections

The US high court will be hearing an oral argument on the eligibility of software patent protection on Monday and will decide on the matter by the end of June, Reuters reported.

Credit card security firm says lawsuit filed against it on Target breach without basis

Chicago-based Trustwave Holdings Inc denied allegations on the lawsuit filed by two lenders that it managed Target's data security and processed the data of its cardholders, Reuters reported.

Sources say Mt. Gox employees confronted CEO about finances two years before seeking bankruptcy

Three people told Reuters that employees already approached Chief Executive Officer Mark Karpeles in 2012 about how the bitcoin exchange was protecting the money of its clients.


Latest News

Canadian smartphone maker BlackBerry Ltd sued former executive vice-president Sebastien Marineau-Mes for breach of contract when he resigned to transfer to Apple in a case where the court ruled in favor of BlackBerry.
Box, the cloud storage startup that rivals Dropbox, has filed an S-1 form with the US Securities and Exchange Commission for its initial public offering, VentureBeat reported.
Internet entrepreneur Kim Dotcom's Mega Ltd intends to list in New Zealand by doing a reverse takeover of TRS, an inactive shell company, Reuters reported.
US President Barack Obama is getting ready to propose a legislation that will halt the bulk phone data collection of the National Security Agency (NSA) and instead let the agency procure individual court authorizations for every phone number to be investigated.
A new tax law in the UK that will take effect at the beginning of 2015 seeks to close a loophole that exempts online music, apps, and downloads from a 20% value added tax.
Bitcoin exchange platform Vircurex said it will stop withdrawals of digital currencies and freeze user accounts starting March 24, 2014, according to a statement on its website.
Southern California households are complaining that Verizon Communications Inc is not maintaining its traditional phone lines and forcing ratepayers to switch to Voice over Internet Phones, the Los Angeles Times reported.
US District Judge Jeffrey White of San Francisco ordered that the evidence related to the lawsuits filed by a privacy rights group against the NSA's surveillance operations be kept intact, Bloomberg News reported.
Heads of the six biggest Internet companies in the US met with President Barack Obama and senior White House aides to talk about the government's data collection practices, Reuters reported.
The Australian government is considering if it should surrender Peter Phillip Nash to the US authorities after he was indicted as one of the "small support staff" of alleged Silk Road founder Ross Ulbricht, Reuters reported.