Bloomberg Law

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Where tech nerds can find the biggest crypto, data, and privacy law news of the day.

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Here’s what we’re reading. 📱 AT&T was sued in Texas for exposing the phone records of nearly all of its cellular customers. https://aboutblaw.com/beRb 👩‍⚖️ Early signs indicate that employers hit with hiring bias lawsuits over their use of AI-based tools will get the opportunity to try to share liability with vendors who design the technology. https://aboutblaw.com/beRc 🐂 Women’s soccer. Pickleball. Indoor golf. Even bull riding is a target for private equity money flowing into the sports business. https://aboutblaw.com/beRe

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Sweeping AT&T Data Breach of Customer Records Prompts Lawsuit

AT&T Inc. was sued in Texas for exposing the phone records of nearly all of its cellular customers.

Here’s what we’re reading ✴️ A split appeals court opinion clearing the government’s acquisition of users’ mobile-device location data from Google will likely spark more friction between emerging technologies and the scope of law enforcement searches, experts warned. https://aboutblaw.com/beP1 ✴️ The FCC said it was investigating a massive hack of AT&T customer data that included records of calls and texts for nearly all of its mobile-phone users for a six-month period in 2022, one of the biggest breaches of private communications data in recent memory. https://aboutblaw.com/beP0 ✴️ The SEC has opened a path for banks and brokerages to avoid reporting their customers’ crypto holdings, but companies must offset risks those assets pose in order to bypass controversial crypto accounting guidance that ha s become a target of Congress. https://aboutblaw.com/beP3

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Geofence Warrant Decision Exposes Hole in Fourth Amendment Law

A split appeals court opinion clearing the government’s acquisition of users’ mobile-device location data from Google of constitutional scrutiny will likely spark more friction between emerging technologies and the scope of law enforcement searches, attorneys warned.

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Here’s what we’re reading. ✴️ Wall Street’s top regulator is putting a new spin on a rule designed to root out accounting fraud, leaving public companies and their attorneys wondering how far the rules extend. https://aboutblaw.com/beO7 ✴️ Public colleges and universities are eliminating hundreds of jobs in response to state efforts to scale back DEI, a move that diversity supporters say is overkill that ultimately will harm the institutions. https://aboutblaw.com/beO8 ✴️ The Florida Department of Revenue used the wrong methodology to calculate Apple's taxable income in the state, the tech giant alleged in a complaint challenging a $14.8 million bill. https://aboutblaw.com/beO9

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SEC’s ‘Swiss Army’ Accounting Law Tested by Cyber Breach Charges

Wall Street’s top regulator is putting a new spin on a decades-old rule designed to root out accounting fraud, leaving public companies and their attorneys wondering how far the rules extend.

Here’s what we’re reading. A suit between two content creators, each with hundreds of thousands of followers, raises novel questions about the application of copyright and trade dress laws to social media aesthetics. https://aboutblaw.com/beOi A team of lawyers, engineers, and national security specialists are leading the Commerce Department’s push to craft guardrails for training and deploying artificial intelligence in a broad swath of industries. https://aboutblaw.com/beOg

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Here’s what we’re reading. 🧊 Nobody wants to come back from the dead poor. Luckily for the rich, making wealth immortal is more solvable than reversing death. Estate attorneys are creating trusts aimed at extending wealth until people who get cryonically preserved can be revived, even if it’s hundreds of years later. These revival trusts are an emerging area of law built on a tower of assumptions. Still, they’re being taken seriously enough to attract true believers and merit discussion at industry conferences. Read more here: https://aboutblaw.com/beNb

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Rich People Freeze Themselves, and Fortunes, for Future Revival

Revival trusts, which would allow people who get their bodies frozen after death to have their money when they’re resurrected someday, touch a fringe area of law and are built on a tower of assumptions. Still, they’re being taken seriously enough to attract discussion among industry professionals and interest from true believers.

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Here’s what we’re reading. ⚖️ An unusual procedural move by Google highlights the small, but significant, differences between jury and bench trials that will play a role in the outcome of a government antitrust case against the tech giant. https://aboutblaw.com/beMs ⛹️‍♀️ Colleges and universities face the threat of gender discrimination lawsuits if they share revenue differently between male and female student athletes and fail to justify the disparities. https://aboutblaw.com/beMq 🚲 Peloton lost its bid to dismiss a proposed consumer class action alleging the company violated California privacy laws by allowing a third-party company to intercept user communications. https://aboutblaw.com/beMr

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Judge Versus Jury in Focus After Google Writes $2.3 Million Check

An unusual procedural move by Alphabet Inc.'s Google highlights the small, but significant, differences between jury and bench trials that will play a role in the outcome of a government antitrust case against the tech giant.

Here’s what we’re reading. ➡️ Amy Coney Barrett is showing signs of carving out her own lane after four terms on the Supreme Court even as she remains a reliable conservative vote. https://aboutblaw.com/beLA ➡️ Amazon must face a proposed class action alleging it intercepted the communications consumers had with its client Capital One without their consent. https://aboutblaw.com/beLB ➡️ The US Cybersecurity and Infrastructure Security Agency should narrow its scope of which entities and breaches are covered in its proposed reporting rule, trade and business groups agreed. https://aboutblaw.com/beLC

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Barrett Beginning to Chart Own Path on Divided Supreme Court

Amy Coney Barrett is showing signs of carving out her own lane after four terms on the US Supreme Court even as she remains a reliable conservative vote in the most high-profile cases involving guns, religion, and abortion.

Here’s what we’re reading. ❓ Reporters Robert Iafolla and Courtney Rozen offer insight into what comes next for the administration, the courts, regulated industry, and their lawyers after the Chevron decision. https://aboutblaw.com/beKn 📖 Law clerks and interns recently spent weeks poring over evidence from a high-profile trial, and then summarized key testimony for the court’s official findings of fact and conclusions of law. This summer, an AI tool is doing the same thing. https://aboutblaw.com/beKo

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Chevron Questions Answered: What’s Next After High Court Ruling

Reporters Robert Iafolla and Courtney Rozen offer insight into what comes next for the administration, the courts, regulated industry, and their lawyers after the Chevron decision.

Here’s what we’re reading. ⏺ The Supreme Court’s decision easing Donald Trump’s path to escape prosecution also may have further emboldened him to leverage the Justice Department to exact revenge. https://aboutblaw.com/beJj ⏺ The tech industry is using a similar lobbying strategy to the one tried in New York as it attempts to derail a California measure that would put major restrictions on social media notifications and addictive feeds for children. https://aboutblaw.com/beJk ⏺ A recent federal appeals court ruling against Meta has the potential to open a new pathway for US citizens to sue over alleged preference for immigrant workers. https://aboutblaw.com/beJm

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Here’s what we’re reading. ▶️ The Supreme Court sent a pair of cases related to state social media laws back to lower courts, ruling there isn’t enough information about how they will be applied to companies like Meta and Google. https://aboutblaw.com/beHV ▶️ A federal judge blocked an Indiana law that will require users to verify they are over 18 to access sexually explicitly content online, in a win for free speech and adult content groups. https://aboutblaw.com/beHX ▶️ Ye, his company, and its former chief of staff maintained a hostile and abusive working environment during the development of an app to stream his new album Vultures 2, a suit filed in California federal court says. https://aboutblaw.com/beHY

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Supreme Court Sends Social Media Laws Back to Lower Courts (1)

The US Supreme Court sent a pair of cases related to state social media laws back to lower courts, ruling there isn’t enough information about how they will be applied to companies like Meta Platforms Inc. and Alphabet Inc.’s Google.

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