Activision Blizzard settles federal harassment suit for $18 million, lawyer calls it “clear win”
Activision Blizzard has officially settled a federal harassment lawsuit filed by the Equal Employment Opportunity Commission (EEOC) for $18 million. Although there are still several active suits, some lawyers call it a win for the company.
DOJ backs new antitrust bill aimed at preventing Apple and Google from favoring their own products
The US Department of Justice has supported a new antitrust legislation, raising concerns over the domination of tech giants like Apple, Google, and Amazon. This bill could prevent platform holders from favoring their products over those of competitors.
New EU legislation to potentially force Apple to allow third-party app stores on iOS
The European Union wants Apple to provide iOS users with more freedom as part of the proposed Digital Markets Act. If approved, it would force the company to allow side-loading and third-party app stores on its platform.
Apple asks court to reject Epic Games’ appeal, says Fortnite maker offers no alternative to App Store rules
Apple has asked judges to reject Epic Games’ appeal in the ongoing antitrust case. The company noted that the Fortnite maker has offered no reasonable alternative to the App Store’s current payment policies.
Report: court to approve Activision Blizzard’s $18 million harassment settlement
Activision Blizzard is getting closer to settling a lawsuit filed by the US Equal Employment Opportunity Commission (EEOC) last year. The judge will likely approve a $18 million fund the company created to compensate employees claiming harassment damages.
Russian court labels Meta “extremist organization,” making all its business activities illegal
Russia has officially recognized Meta as an “extremist organization,” meaning that the company’s business and services are banned in the country. However, people will still be able to use Facebook and Instagram despite them being blocked.
US lawmakers introduce bill to block mergers worth $5+ billion ahead of Microsoft-Activision deal
Democratic lawmakers have introduced a new bill prohibiting antitrust mergers. It would allow the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to block M&A deals worth $5 billion or more.
EU and UK start antitrust investigation into Meta and Google over their online ad deal
Google and Meta are now under investigation by the EU and UK. According to the European Commission, a deal that the two corporations made in 2018 endangers competition and is used to push smaller companies from the online ad market.
Prosecutor General’s Office of Russia calls to recognize Meta as “extremist organization”
Following Meta’s decision to allow hate speech towards the Russian military on its platforms, the country’s Prosecutor General’s Office has called for a ban on Instagram, with the company being recognized as an “extremist organization.”
CD Projekt finally settles $1.85 million class-action lawsuit, refusing to admit any wrongdoing
CD Projekt has announced that it came to an agreement with investors to settle a class-action lawsuit over Cyberpunk 2077’s controversial launch. It also means that the company doesn’t admit any responsibility on its part.
Report: how Roblox CEO David Baszucki avoided capital gains taxes by giving shares to his relatives
Billionaire David Baszucki, known as the CEO of Roblox Corporation, has found a legal but really tricky way to avoid millions of dollars in capital gains taxes. According to the latest report, he has given plenty of his company’s shares to his family members
CD Projekt to pay investors less than $2 million in class-action settlement
CD Projekt has managed to finally settle a class-action lawsuit over Cyberpunk 2077‘s controversial launch. The company will pay investors only $1.85 million, while they will relinquish all claims against the Polish developer.
Apple wins reprieve from making changes to App Store as appeals court pauses previous order
An appeals court has granted Apple’s request to put the previous order on pause. It means that the company doesn’t have to make changes to its App Store policy, which would let developers add links to third-party payment solutions.