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Daily Business Review

Amazon Reports Rare Quarterly Loss as Online Shopping Slows

The ocean of red ink in Amazon's report came mostly from the company's accounting for a $7.6 billion loss in value of its stock investment in Rivian Automotive, an electric-vehicle startup.
5 minute read

Corporate Counsel

Trust and Safety Compliance Program at the Heart of Twitter Rift

Musk says he wants Twitter to foster a "public platform that is maximally trusted and broadly inclusive." What Musk is saying is that the trust and safety program shouldn't be used to censor speech.
7 minute read

New York Law Journal

DOJ's Failure To Provide Effective Guidance on Website Accessibility Requirements Under the ADA Leaves Congress as the Only Option To Address the Problem of Abusive Lawsuits

It is time for Congress to act. In December 2021, the Online Accessibility Act was introduced in the House of Representatives. Unlike the DOJ's largely useless Guidance, the proposed Act recognizes that a predictable regulatory environment is critical for businesses.
7 minute read

Corporate Counsel

As It Mulls Going Public, E-Book Titan Scribd Hires First Chief Legal Officer

"I believe that my past experience managing the complexity of mergers and acquisitions, as well as my work with global technology companies, will help Scribd grow in the healthiest, most robust way possible," Chief Legal Officer Laura Malinasky said.
2 minute read

Delaware Business Court Insider

Crypto Wallet Users File Lawsuit Saying E-Commerce Platform's Negligence Led to Data Breach

The complaint filed in Delaware federal court is seeking class action status against Shopify Inc. and TaskUs Inc., alleging the companies were negligent in preventing and addressing the 2020 data breach of information for 272,000 Ledger SAS hardware wallet users.
4 minute read

The Legal Intelligencer

Protecting Your Brand From Unauthorized Sales of Authentic Products on E-Commerce Sites

The expanding markets and growth in sales have benefited brand owners, but they have also brought unprecedented challenges, including increased sales of counterfeit goods, fake reviews, manipulation of algorithms affecting product placement and prominence, and the unauthorized sales of authentic goods.
8 minute read

The Recorder

Will Regulators Target Amazon for Prop. 65 Claims Without Section 230 Protection?

Environmental attorneys say Amazon could attract more regulatory heat after a California Court of Appeal ruling over skin-lightening cream sold on the e-commerce platform.
5 minute read

Daily Business Review

Beefing Up Its Cybersecurity, Google Buys Mandiant for $5.4B

The acquisition is the first of many that analysts foresee in the cybersecurity sector following Russia's invasion of Ukraine.
4 minute read

Legaltech News

For Now, ALSPs, Legal Tech Companies Say No to Cryptocurrency Payments

Little client pressure and significant volatility keep most legal tech and legal service providers away from cryptocurrency payments. But they might not be able to ignore digital coins for much longer.
3 minute read

Daily Report Online

'That's Trademark Infringement': NFTs and Emerging Litigation Threats

From intellectual property to fintech and securities, consumer and corporate protections and entertainment law, attorneys are sharing how they're grabbing hold of NFT-related work, the challenges they foresee and how long they think the tech trend will last.
8 minute read

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