Month: January 2023

A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty (Wall Street Journal)

Wall Street Journal: A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty  —  Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’

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Grubhub was ordered to pay $3.5M to settle a lawsuit filed by the Washington DC AG’s office for charging hidden fees and using deceptive marketing techniques (Mariella Moon/Engadget)

Mariella Moon / Engadget: Grubhub was ordered to pay $3.5M to settle a lawsuit filed by the Washington DC AG’s office for charging hidden fees and using deceptive marketing techniques  —  Grubhub has been ordered to pay $3.5 million to settle the lawsuit filed against the company by the District of Columbia over “deceptive trade

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Google has agreed to pay $29.5M to settle lawsuits with Washington DC and Indiana over location tracking practices, after agreeing to pay ~$392M to 40 US states (Jared Gans/The Hill)

Jared Gans / The Hill: Google has agreed to pay $29.5M to settle lawsuits with Washington DC and Indiana over location tracking practices, after agreeing to pay ~$392M to 40 US states  —  Google has agreed to pay a total of $29.5 million to settle separate lawsuits with Washington, D.C., and Indiana over its location

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First pretrial hearing in the FTC’s case against Microsoft’s $69B bid to take over Activision Blizzard set for January 3, 2023 (Alexandra Alper/Reuters)

Alexandra Alper / Reuters: First pretrial hearing in the FTC’s case against Microsoft’s $69B bid to take over Activision Blizzard set for January 3, 2023  —  A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration’s case against Microsoft (MSFT.O) over its $69 billion bid to take over “Call of

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