Business

U.S. Supreme Court weighs TransUnion bid to nix ‘terrorist list’ lawsuit

The U.S. Supreme Court on Tuesday signaled it could narrow the scope of a class action lawsuit against TransUnion in which thousands of people sought damages after the credit reporting company flagged their names as matching those on a government list of suspected terrorists and drug traffickers. The justices heard arguments in TransUnion’s appeal of […]

Business

Spotify buys Locker Room app’s maker Betty Labs in live audio push

Spotify Inc said on Tuesday it has purchased Betty Labs, the company behind sports-focused social audio app Locker Room, to accelerate its move into live audio. The music-streaming service said in the coming months it would “evolve and expand” Locker Room to offer sports, music, and cultural programming as well as live discussions with professional […]

Business

Coinbase names ex-SEC director Brett Redfearn as head of Capital Markets

U.S. cryptocurrency exchange Coinbase Global Inc on Tuesday named Brett Redfearn, a former director of the U.S. Securities and Exchange Commission (SEC), as vice president of capital markets division ahead of its planned stock market listing. Redfearn was most recently the director of the U.S. SEC’s trading and markets division and spent 13 years at […]

Business

U.S. ITC to open probe into smart thermostat patent complaint

The U.S. International Trade Commission said Tuesday it would investigate a patent infringement complaint filed by a California-based company over smart thermostats and other related systems. Privately held EcoFactor Inc claims a number of major smart thermostats and related systems infringe on its patents, including Alphabet Inc’s Google Nest, Emerson Electric Co, Honeywell International Inc, […]

Business

Google, U.S. government tangle over pre-trial document production

Lawyers for Alphabet’s Google and the government tangled on Tuesday over how many documents related to the Justice Department’s antitrust lawsuit against the search and advertising giant should be turned over, and how fast. In a status conference before Judge Amit Mehta of the U.S. District Court for the District of Columbia, the Justice Department’s […]