Government
Copyright Owners Blocked from Suing Google’s YouTube in Class Action
A U.S. judge on Wednesday denied class-action status to copyright owners suing Google Inc. over the use of material posted on YouTube without their permission. U.S. District Judge Louis Stanton in ...
Government to Share Cyber Security Information with Private Companies
The U.S. government will use classified information about software vulnerabilities for the first time to protect companies outside of the military industrial complex, top officials told Reuters this ...
Court Dismisses Bond Insurer Fraud Claims Against Goldman Over Abacus CDO; Appeal Planned
Goldman Sachs Group Inc. won dismissal on Tuesday of fraud claims brought by a bond insurer over a CDO tied to subprime mortgage securities called Abacus. In a 3-2 decision, a New York state appeals ...
Senator Demands Economic Justification For No-Admission Settlements
An outspoken freshman U.S. senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an economic justification for allowing big banks to settle ...
Senate Duo Wants Quick SEC Action On Credit Raters
A bipartisan pair of U.S. senators urged federal securities regulators to move quickly on fundamental changes to how credit-rating agencies are compensated, a step they said will reduce the type of ...
Bottom-Line Cost May Be Too Steep For ‘Talking’ Cars’ Acceptance: U.S. Transport Chief
Cars that "talk" to each other to avoid crashes or traffic jams, like those being tested here, will save lives but the cost of the systems will determine consumers' acceptance of such technology, the ...U.S. Cyber Attack Threat Is Constant, Getting Worse: Top General
The top U.S. general in charge of cyber security warned on Tuesday that the United States is increasingly vulnerable to attacks like those that destroyed data on tens of thousands of computers in ...
Nintendo Wins U.S. Appeals Court Decision Over Wii In Patent Case
Nintendo Co, one of the world's largest makers of video game players, won a U.S. appeals court decision in a patent case that will allow it to keep importing its popular Wii system into the United ...