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Google Anti-Trust Crusade Was Spearheaded By Jonathan Kanter, Who Is The Attorney Taking On Tech Giants Like Apple And Amazon
Tuesday, August 6, 2024 - 6:35am | 742In a landmark ruling, a U.S. federal judge said that Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has unlawfully maintained monopolies in search and text advertising markets. This decision marked a significant win for the Department of Justice led by Jonathan Kanter. What Happened: ...
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TikTok Is 'Repeat Offender' With Children's Privacy Violations, DOJ Says In Lawsuit
Friday, August 2, 2024 - 3:59pm | 593ByteDance‘s TikTok, one of the most used social media platforms by teens, is the subject of the latest U.S. Department of Justice (DOJ) lawsuit. What Happened: The DOJ and Federal Trade Commission (FTC) filed the lawsuit on Friday in the U.S. District Court for the Central District of...
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Nvidia Down Nearly 4% In Pre-Market Trading As DOJ Reportedly Launches Antitrust Probe Over Allegations Of Monopolistic Practices
Friday, August 2, 2024 - 5:05am | 732Nvidia Corp. (NASDAQ:NVDA) stock fell nearly 4% in premarket trading on Friday amid reports of an antitrust investigation by the U.S. Department of Justice over allegations of monopolistic practices in the AI chip market. What Happened: The DOJ has commenced an inquiry into Nvidia following...
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Edwin Dorsey, Whitney Tilson Defend Andrew Left: 'Positive Force For Markets And The Pioneer Of The Activist Short Movement'
Tuesday, July 30, 2024 - 11:38am | 958Short seller Andrew Left is best known for being one of the prominent voices against video game retailer GameStop Corporation (NYSE:GME) during its short squeeze in 2021. The short seller now faces charges from the SEC in a case that could forever change how short reports are published. What...
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Harris Vs. Trump: Will Cannabis Rescheduling Survive Biden's Exit? Analyst On Potential GOP Victory
Wednesday, July 24, 2024 - 12:15pm | 749The recent announcement that President Joe Biden dropping out of the 2024 election campaign has stirred significant reactions across various sectors, including cannabis. Pablo Zuanic, senior analyst at Zuanic & Associates, outlines the implications for the cannabis industry in his recent...
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Denver: Veteran Cannabis City Speaks Out On Rescheduling, 'We Have A Lot Of Expertise To Offer'
Thursday, July 18, 2024 - 4:09pm | 701Denver, Colorado submitted its official public comment to the cannabis rescheduling process underway at the Department of Justice (DOJ), which oversees the DEA. City officials said there are significant lessons the federal government can learn from Denver's long-standing experience with cannabis...
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Boeing Strikes Plea Deal With DOJ For Defrauding US Regulator Over 737 MAX Safety: Victims' Lawyer Calls It 'Deceptive And Generous…Not In Public Interest'
Monday, July 8, 2024 - 2:25am | 645Embattled aerospace company Boeing (NYSE:BA) has agreed to plead guilty to criminal conspiracy to defraud the U.S. by allegedly misleading the Federal Aviation Administration regarding the safety of its 737 MAX, a late-Sunday court filing by the Department of Justice said, according to media...
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Justice Department To Prioritize Children's Privacy Violation In TikTok Lawsuit, Drops Claim Chinese Platform Misled US Customers
Friday, June 21, 2024 - 12:00am | 657The U.S. Department of Justice has reportedly decided to drop one of the two proposed claims against ByteDance-owned TikTok, focusing instead on a consumer protection lawsuit centered on children’s privacy. What Happened: The DOJ is preparing to file a consumer protection...
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Attorney General Merrick Garland Held In Contempt By House: 'We Need The Audio' Of Biden Interview With Robert Hur, Says Mike Johnson
Wednesday, June 12, 2024 - 9:09pm | 641In a significant move, the US House of Representatives has taken action against Attorney General Merrick Garland, censuring him for non-compliance with a congressional order. What Happened: The Republican-led House voted 216-207 to hold Garland in contempt. This action follows his defiance of a...
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DOJ Case Against Live Nation Is 'Weak,' Analysts Say: 'Separating Ticketmaster... Is Unlikely To Lower Ticket Prices'
Friday, May 24, 2024 - 1:14pm | 550The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...
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US Targets Ticketmaster Parent In Antitrust Lawsuit, Live Nation Responds: 'It Ignores Everything That Is Actually Responsible'
Thursday, May 23, 2024 - 11:50am | 450Live Nation Entertainment Inc (NYSE:LYV) shares are tumbling Thursday after the U.S. Department of Justice filed a lawsuit against the company. What To Know: Live Nation shares traded down in early trading on reports suggesting the DOJ and a group of states including California, Florida, Texas,...
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DEA Vs. Dept Of Justice Over Cannabis Rescheduling: Too Many Cooks In The Kitchen?
Wednesday, May 22, 2024 - 1:00pm | 667Following President Joe Biden's recent announcement regarding the rescheduling of cannabis followed by Attorney General Merrick Garland's move to officially begin the process, many expected the task to then be delegated to the DEA, which is part of the Dept. of Justice (DOJ). That didn’t...
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Apple Challenges DOJ's Antitrust Case Saying The Court Should 'Reject The Invitation To Forge A New Theory Of Antitrust Liability'
Wednesday, May 22, 2024 - 12:27am | 601Apple Inc. (NASDAQ:AAPL) is preparing to request the dismissal of the U.S. Department of Justice’s antitrust lawsuit against the company. What Happened: Lawyers representing Apple have sent a letter to the judge overseeing the case in New Jersey, outlining the arguments they will...
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Cannabis Stocks And ETFs Surged On Marijuana Rescheduling News: WTR's Industry Report Analyzes What's Behind The Optimism
Tuesday, May 21, 2024 - 1:45pm | 919The Department of Justice (DOJ) move to reclassifying cannabis from Schedule I to Schedule III provoked a noticeable uptick in cannabis market activities, as detailed in the latest industry report by Water Tower Research (WTR). Cannabis ETFs Surge Ahead Of Rescheduling Announcement According to...
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Cannabis Stocks Rallied After Rescheduling News, Investment Management Firm Co-Founder Discusses Impact And Next Steps
Monday, May 20, 2024 - 11:58am | 749Cannabis stocks experienced a notable surge last week following the U.S. Department of Justice’s announcement to propose the reclassification of cannabis from a Schedule I to a Schedule III drug. This decision, long anticipated by market analysts and industry stakeholders, has been described...