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20Arizona Sues TikTok, Accusing It of Addicting Children and Teenagers
The state of Arizona filed a lawsuit against TikTok, accusing it of addicting children and teenagers through features like autoplay, reward loops, and notifications.
US SEC Proposes New Rules for Crypto Asset Custody
The US Securities and Exchange Commission proposed a framework for crypto asset custody among registered advisers and funds, alongside updating custody and audit requirements.
EU Fines Kingspan €40 Million in Acquisition Review
The European Commission has fined Kingspan €40 million for misleading information provided during the review of its acquisition of Slovenian rival Trimo.
UAE Decriminalizes Attempted Suicide and Reorganizes Qisas Provisions
The UAE issued a federal law amending the Crimes and Penalties Law, decriminalizing attempted suicide and reorganizing provisions for Qisas.
USA Today Sues OpenAI, Demanding Over $250 Million
USA Today and its affiliated local newspapers have filed a lawsuit against OpenAI, accusing it of copying hundreds of thousands of articles to train its models without permission.
AST SpaceMobile Lawsuit Continues with November 13 Deadline to Appoint Lead Plaintiff
Pomerantz announced a class action lawsuit against AST SpaceMobile over allegations of exaggerating its competitive ability and capital sufficiency, with a November 13 deadline for plaintiffs.
Ofcom Opens Official Investigation into Meta Over 'Instants' Feature
Ofcom has launched an investigation under the Online Safety Act into Meta to verify whether it conducted adequate risk assessments prior to launching 'Instants'.
FinCEN Drops Crypto Wallet Rule While Maintaining Oversight of Mixers
FinCEN has withdrawn a 2020 proposed rule regarding cryptocurrency wallets and canceled a 2023 measure on mixing services, with the decision taking effect upon publication on October 6.
US Judge Orders Apple to Pay $184 Million in Interest to Masimo
A US court ordered Apple to pay an additional $184 million in interest to Masimo in a patent case, bringing the total amount to $818 million.
Italy Fines IQVIA €7 Million for Flaws in Patient Data Protection
Italy has fined IQVIA €7 million after finding that anonymization codes in a health database of one million patients allowed re-identification.
Western Union-Intermex Deal Faces 30-Day Antitrust Waiting Period
Western Union has refiled its antitrust notification for the $500 million acquisition of Intermex, initiating a new 30-day waiting period.
Kuwait Approves Amendments to Notarization and Civil Laws, Refers Them to the Amir
The Kuwaiti Cabinet approved two draft decree-laws amending the Notarization Law—transferring corporate document notarization to the Commercial Register—and amending Article 830 of the Civil Code.
MEPCO Demands SAR 77.3 Million from Saudi Ministry and National Water Company
MEPCO filed a lawsuit before the Board of Grievances in Jeddah claiming SAR 77.26 million in compensation for expropriated land, disclosing that the financial impact has not yet been determined.
US Department of Justice and Google Dispute Deadline to Open AdX to Competitors
The US Department of Justice and Google submitted competing versions of a remedy order for the AdX platform in a 41-page filing, with a dispute over the Prebid integration deadline and the global application of the remedies.
San Diego Sues AppLovin Over Adult Ads in Children's Games
San Diego County files a 62-page lawsuit against AppLovin, accusing it of bypassing parental controls, displaying adult ads in children's games, and fingerprinting minors' devices.
Rain Applies for National Trust Bank Charter in New York
Rain has applied to the Office of the Comptroller of the Currency to establish "Rain National Trust Bank" in New York to custody digital assets and issue dollar-backed stablecoins.
Saudi Arabia's New Enforcement Law Takes Effect on October 28
Saudi Arabia publishes a new enforcement law taking effect on October 28, reorganizing enforcement courts, asset disclosure, electronic enforcement, and insolvency.
Saudi Arabia Joins Madrid Protocol for Trademarks on October 8
Saudi Arabia's accession to the Madrid Protocol comes into effect on October 8, becoming the 117th member, with an individual fee of CHF 1,397 per class.
Kagan Refuses to Stay Acquisition, Paving the Way for Warner and Paramount Deal
Justice Elena Kagan rejected an urgent request from five subscribers to block Paramount's acquisition of Warner Bros. Discovery, paving the way for the deal to close on October 6.
Egypt Transfers Commercial Registry Authority to Ministry of Investment via Draft Law
The Egyptian House of Representatives referred a 17-article draft law transferring the Commercial Registry Authority from the Ministry of Supply to the Ministry of Investment, alongside a digital transformation plan within one year.