Banking Regulators Require Cybersecurity Incident Reports Within 36 Hours

U.S. banking regulators finalized a rule that directs banks to report any major cybersecurity incidents to the government within 36 hours of discovery. Separately, the banking industry said it had successfully completed a massive cross-industry cyber security drill that aims to ensure Wall Street knows how to respond in the event of a ransomware attack that threatens to disrupt a range of financial services.

State Attorneys General Investigating Instagram's Impact on Children

A bipartisan coalition of state attorneys general said it is investigating how Instagram attracts and affects young people, amping up the pressure on parent company Meta Platforms Inc. over potential harms to its users. Led by eight states, including Massachusetts and Nebraska, the coalition is focused on “the techniques utilized by Meta to increase the frequency and duration of engagement by young users and the resulting harms caused by such extended engagement.”

Miramax Sues Tarantino Over Plans to Auction 'Pulp Fiction' Script as NFT

Miramax is taking legal action against Quentin Tarantino over his plans to auction off script pages for seven scenes that didn’t make the final cut and other artifacts from the cult classic “Pulp Fiction” as non-fungible tokens, or NFTs. Miramax, which produced the 1994 film, filed a lawsuit in U.S. District Court in California against Mr. Tarantino, alleging copyright infringement and breach of contract.

Australia to Invest in Quantum Technology to Counter Chinese Threats

Australia will strengthen its capabilities in quantum science and other technologies that could be used to counter threats from China, providing more detail on the type of innovations Australia might develop alongside the U.S. under a new security partnership. Australia will invest the equivalent of about $81 million (111 million Australian dollars) in quantum technology, including for a hub that will foster strategic partnerships with like-minded countries to commercialize Australia’s quantum research, officials said.

Apple Cedes to 'Right to Repair,' Will Offer Parts for iPhone Fixes

Apple delivered an early holiday gift to the eco-conscious and the do-it-yourselfers: It said it would soon begin selling the parts, tools and instructions for people to do their own iPhone repairs. It was a major victory for the “right to repair” movement, which has demanded that tech manufacturers provide the necessary components and manuals for customers to fix their own smartphones, tablets and computers.

FTC Urges Court to Allow Facebook Antitrust Suit to Proceed

The U.S. Federal Trade Commission said in a court filing that a federal court should allow an antitrust lawsuit it filed against Facebook to go forward as the company has "interfered with the competitive process by targeting nascent threats through exclusionary conduct." In August the FTC refreshed its antitrust case against Facebook, adding more detail on the accusation the social media company crushed or bought rivals and asked a judge to force it to sell Instagram and WhatsApp.

Google, Sonos Argue Over Patent Rights to Music Playlists in Cloud

Alphabet Inc.’s Google said it’s the rightful owner of patents on ways to keep music playlists in the cloud that form a key component of a lawsuit Sonos Inc. filed over the Google Play Music system. Sonos called that contention “nonsense.” Sonos, an early proponent of connected home speakers, has claimed that Google gained knowledge of the technology through a partnership to integrate Google Play into the Sonos platform, and then decided to sell its own product line and undercut Sonos on price.

Senate Confirms Google Critic to Lead Justice Department's Antitrust Division

The Senate confirmed Google critic and competition lawyer Jonathan Kanter to lead the Justice Department’s antitrust division, marking yet another progressive win in antitrust enforcement under the Biden administration. Kanter has a long history representing tech companies, like Yelp and Microsoft, in lawsuits accusing Google of anti-competitive behavior.

Hackers from Pakistan Targeted People in Afghanistan During Taliban Takeover

Hackers from Pakistan used Facebook to target people in Afghanistan with connections to the previous government during the Taliban's takeover of the country, the company's threat investigators said in an interview with Reuters. Facebook said the group, known in the security industry as SideCopy, shared links to websites hosting malware which could surveil people's devices.

After Threatening to Leave, Google to Expand Cloud Infrastructure in Australia

Google will spend A$1 billion ($736 million) in Australia over five years, the tech giant said, just months after it threatened to pull its services from the country in response to tougher government regulation. The main operating unit of Alphabet Inc. said it planned to expand cloud infrastructure, set up a research hub staffed by Australian researchers and engineers and partner with science agency the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

Peloton Files Patent Suit Against Rivals Echelon, iFit Over On-Demand Classes

Peloton has filed lawsuits against Echelon and iFit, claiming each company violated patents related to Peloton’s on-demand classes, Bloomberg Law reports. The issue at hand is that Peloton says Echelon and iFit are gaining “free rides” from its technology. In court documents, the company specifically pointed to its leaderboards and the ability to participate in live classes with other users.

Ohio's Attorney General Sues Meta Over Misleading Facebook Algorithm

Ohio’s attorney general is suing Meta Platforms Inc., formerly known as Facebook Inc., alleging the company misled the public about how it controlled its algorithm and the effects its products have on children. The lawsuit, filed on behalf of Meta investors and the Ohio Public Employees Retirement System, seeks more than $100 billion in damages and demands that Meta make significant changes so as to not mislead investors again, Ohio Attorney General Dave Yost said in a statement.

China Telecom Corp. Asks U.S. Appeals Court to Block FCC's Ban

China Telecom Corp Ltd's U.S. subsidiary asked a U.S. appeals court to block the decision of the Federal Communications Commission to revoke the telecommunication company's authorization to operate in the United States. China Telecom Americas was ordered on Oct. 26 by the FCC to discontinue U.S. services by early January after the U.S. regulator cited national security concerns.

Hackers Compromise FBI's Email System, Send Spam Warning of Cyberattack

Hackers compromised the Federal Bureau of Investigation’s external email system, sending spam emails to potentially thousands of people and companies with a faked warning of a cyberattack. The FBI said in a statement it was “aware of the incident this morning involving fake emails from an @ic.fbi.gov email account” but declined to provide further details.

States File Amended Antitrust Complaint Against Google Over Ad Practices

A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc's Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost its already dominant advertising business. The updated allegations are the latest in an onslaught of regulatory scrutiny of Google over its practices. The tech company faces several lawsuits, including one by the Justice Department for monopolistic practices.

China Wants Hong Kong Companies to Apply for Cybersecurity Inspections

China's cyberspace regulator proposed requiring companies pursuing share listings in Hong Kong to apply for cybersecurity inspections if they handle data that concerns national security. Large internet platforms planning to set up headquarters, operating or research centers abroad should also submit a report to regulators, the Cyberspace Administration of China said in the draft rules.

Human Rights Groups Accuse Facebook of Stifling Report on India

Human rights groups say Facebook is stifling an independent report it commissioned to investigate hate speech on its services in India, the company’s largest market by customers and where scrutiny of its operations is increasing. Representatives for the organizations say they have provided extensive input to a U.S. law firm that Facebook commissioned in mid-2020 to undertake the report.

U.S. Joins 80 Countries in International Agreement on Cybersecurity

The U.S. is now part of an international agreement on cybersecurity that the Trump administration declined to sign up for, Vice President Kamala Harris announced in Paris. Eighty countries, along with hundreds of tech companies — including Microsoft and Google — nonprofits and universities have signed the Paris Call for Trust and Security in Cyberspace, established in 2018 to create international norms and laws for cybersecurity and warfare.

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The GigaLaw Firm helps companies of all sizes protect their brands online, using domain name dispute policies – such as the Uniform Domain Name Dispute Resolution Policy (UDRP) – and other legal tools available to copyright and trademark owners on the Internet.