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Schools Sue Social-Media Platforms Over Alleged Harms to Students
Business

Schools Sue Social-Media Platforms Over Alleged Harms to Students

Facebook, TikTok, Snapchat and YouTube seek to dismiss federal suits, citing internet liability shield. Source link

AMC Entertainment Shares Soar After Judge Blocks Equity Transactions
Business

AMC Entertainment Shares Soar After Judge Blocks Equity Transactions

AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant

Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion
Business

Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion

The latest lawsuit by new management alleges that transfers of corporate assets were made for the benefit of the co-founder and others. Source link

The Rise and Fall of the Chief Diversity Officer
Business

The Rise and Fall of the Chief Diversity Officer

“Everything is a battle.” Diversity executives hit the exits as company priorities shift. Source link

FTC Withdraws Case Against Microsoft-Activision Deal
Business

FTC Withdraws Case Against Microsoft-Activision Deal

The FTC said it is pausing its in-house trial against Microsoft’s $75 billion takeover of game developer Activision Blizzard, another signal that the deal is

Jailed Crypto Tycoon's Company Appoints CEO
Finances

Jailed Crypto Tycoon's Company Appoints CEO

Terraform Labs has tapped Chris Amani to run the company as co-founder Do Kwon faces charges of fraud. Source link

Victims of Cyberattack on File-Transfer Tool Pile Up
Business

Victims of Cyberattack on File-Transfer Tool Pile Up

The list of companies hit by a cyberattack on a widely used software tool continues to expand and several victims have filed lawsuits alleging mishandling

AT&T Halts Plans to Remove Lead Cables in Lake Tahoe
Business

AT&T Halts Plans to Remove Lead Cables in Lake Tahoe

Company estimates lead-clad cables represent less than 10% of its legacy phone network. Source link