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22 May 2020, 3:00 am by Jim Sedor
Before he was fired, Linick was investigating an emergency declaration President Trump made last year to approve an arms sale to Saudi Arabia, a decision Secretary of State Mike Pompeo approved, said U.S. [read post]
21 May 2020, 8:47 am by Kristian Soltes
A Rogue First Data ISO Will Cost Fiserv $40 Million in a Proposed Settlement With the FTCDigital Transactions – May 19, 2020 Fiserv Inc. and the former head of an independent sales organization will pay $40.2 million to settle charges brought by the Federal Trade Commission stemming from alleged illegal actions committed by the ISO from 2012 to 2014 while it obtained processing services from First Data Merchant Services, whose parent company Fiserv acquired last year. [read post]
11 May 2020, 1:09 am by Schachtman
In the face of this traditional judicial lassitude, “[v]igorous cross-examination, presentation of contrary evidence, and careful instruction on the burden of proof” were all a litigant could hope to accomplish in litigation. [read post]
7 May 2020, 8:02 am by Kristian Soltes
A package of interchange rate changes, the first major adjustments in Visa’s interchange schedule in years, originally had been set to take effect last month. [read post]
6 May 2020, 9:12 am by Benjamin Mitchel and Philip R. Stein
On April 20, 2020, Colorado Governor Jared Polis laid out an ambitious plan to dramatically reduce the restrictions on personal movement and business operations created by last month’s “Stay-at-Home” Order.[1] Dubbed the “Safer-at-Home” Order, this modification (and others like it in various other states) provided a glimmer of hope to citizens who have been largely confined to their residences since March 26. [read post]
3 May 2020, 1:54 pm
Surveillance is not limited to location or condition "Twitter Inc will grant researchers and software developers access to a real-time data stream of tens of millions of daily public tweets about COVID-19, which they can use to study the spread of the disease or track misinformation, the company said in a blog post on Wednesday" (Twitter opens up data for researchers to study COVID-19 tweets). [read post]
1 May 2020, 2:11 am by Shannon O'Hare
France has been hit by an unprecedented economic crisis as a result of COVID-19, with its GDP contracting by 6 per cent in the first quarter of 2020. [read post]
29 Apr 2020, 6:36 am by Florian Mueller
At this stage the Mannheim court can't provide case and patent numbers, but I hope this will change in the months ahead.The combination of Sharp and Conversant suing Tesla in different jurisdictions is the usual bulling with which Avanci is trying to coerce Daimler into a SEP license agreement on supra-FRAND terms while the likes of Nokia and its trolls refuse to license automotive suppliers, an issue that I hope Tesla will raise as well. [read post]
23 Apr 2020, 7:54 am by Kristian Soltes
The move late last month is commendable; banks are putting health before profits, at least in the short term. [read post]
16 Apr 2020, 7:56 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Small Business Lending: Paypal, Intuit, Square to Facilitate SBA Paycheck Protection LoansInternational Business Times – April 14, 2020 A number of fintech firms, including PayPal Holdings Inc., Square Inc. and Intuit Inc., have retooled their lending programs and begun facilitating Small Business Administration Paycheck Protection Program loans through major U.S. banks. [read post]
13 Apr 2020, 6:48 pm by Bryn Miller
When the issue rears its ugly head, I hope public employers are prepared to show the staggering cost such an expansion would impose on taxpayers. [read post]