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DOJ Drops TikTok Claims by FTC Over Misleading Consumers

The <-bsp-bb-link state="{"bbHref":"bbg://news/topics/JUS","_id":"00000190-3ba7-d497-a7fb-ffafbabd0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Justice Department is dropping one of two proposed claims against <-bsp-bb-link state="{"bbHref":"bbg://securities/1774397D%20CH%20Equity","_id":"00000190-3ba7-d497-a7fb-ffafbabd0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">ByteDance Ltd.’s TikTok, planning to focus a consumer protection lawsuit later this year on children’s privacy instead of allegations the video-sharing platform misled consumers about their data security.

Landmark Data Privacy Bill Faces Pushback From GOP Leadership

House Majority Leader Steve Scalise‘s (R-La.) chief of staff Brett Horton told top House staffers at a retreat last week that the bill would not come to the floor in its current form, according to a source familiar who spoke on condition of anonymity to discuss private deliberations.

Gun Surveillance Tech Has High Failure Rate, NYC Audit Finds

New York City relies on gunshot detection technology that rarely works and regularly dispatches police to locations where no shooting occurred, a city comptroller’s audit found, suggesting the tool wastes officer time.

Judge OKs Parents’ Lawsuit Against Google for Kids Ad Tracking

A proposed class action accusing Alphabet Inc.'s Google of misleading parents about its protections against targeted ads for kids can move forward, a California federal judge has ruled.

Hochul Signs NY Bill Restricting Social Media Feeds for Teens

New York has become the first state in the nation to place curbs on how social media platforms present content to minors under a measure signed by Gov. Kathy Hochul (D) on Thursday.

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Apple Halts AI Rollout in the EU Over Regulatory Concerns

Apple Inc. is withholding a raft of new technologies from hundreds of millions of consumers in the <-bsp-bb-link state="{"bbHref":"bbg://securities/345300Z%20BB%20Equity","_id":"00000190-4787-d497-a7fb-ef8f495f0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">European Union, citing concerns posed by the bloc’s regulatory attempts to rein in Big Tech.

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Binance General Counsel Confronts Some of Crypto’s Hardest Tests

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay (1)

Lawyers for Elon Musk say a shareholder vote last week approving the Tesla Inc. co-founder’s <-bsp-bb-link state="{"bbDocId":"S83XOHT1UM0W","_id":"00000190-3c91-d497-a7fb-fc9d301c0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">$56 billion pay package should delay a hearing on the award of billions of dollars in fees to the lawyers who challenged it.

Chevron Must Pay $120 Million to Family-Owned Oil Company

A Chevron Corp. subsidiary lost its bid for a new trial and must pay $120 million for damaging an oil company’s field, a California appeals court ruled on Friday, emphasizing the importance of efficiency in the jury selection process.

Social Media Cases Could Impact Public Discourse Online

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