Five New York City pension groups that own stock in Activision Blizzard sued the company over concerns that it undervalued itself in a wrongful and rushed sale to Microsoft.
A former partner sued his ex-firm Tuesday, claiming that it owes him hundreds of thousands of dollars in unpaid compensation and the value of his equity interest, including an interest in $250 million worth of cryptocurrency accepted by the firm as payment. The suit follows one by another former partner alleging that he was illegally ousted from the firm so that other equity partners would not have to share the $250 million asset.
A bipartisan group of state attorneys general argues that Google has used improper anti-competitive methods to force developers and consumers to use its app store.
Companies with $100 million or more in global annual gross revenue would need to pay a percentage of the revenue received from digital advertisements shown in Maryland.
The National Labor Relations Board rejected efforts by the corporate giant to postpone an election or prevent employees from voting remotely, which echoed Amazon's previous attempts to hinder unionization at its facilities.
This decision could guide many other courts across the U.S. in determining whether strict liability as a retailer or distributor should apply to online marketplaces like Amazon.