Zuckerberg considered spinning off Instagram over antitrust concerns in 2018

He also warned that regulatory challenges might force Meta to separate Instagram and WhatsApp in the next 5 to 10 years

Trump administration seeks to undo Biden’s fee rule for credit cards

The Trump administration argues that the $8 credit card late fee cap is illegal, backing claims from business and banking groups

Bank of America penalized $540 million after FDIC lawsuit ruling

The FDIC claims Bank of America underreported its risk to counterparties, leading to lower deposit insurance assessments

SC dismisses Payoneer’s appeal against FBR tax notices

CJ emphasizes that Payoneer has the opportunity to defend itself and can challenge any final order through the appropriate forums

Trump’s tariff authority challenged in court by conservative legal group

The lawsuit argues that Trump lacked the legal basis to impose the tariffs under the International Emergency Economic Powers Act

Legal challenges mount against Musk’s $44 billion Twitter deal

A U.S. District Judge rules that Musk allegedly committed fraud via improper filings, misleading statements, and a secret Twitter stake buildup

Nvidia sues EU regulators over merger review of Run:ai acquisition

The dispute centers on the EU’s policy allowing regulators to review acquisitions that fall below the merger revenue threshold

Google faces lawsuit as AI overviews reduce demand for original content

U.S. edtech company Chegg argues that Google’s AI overviews have caused a decline in its website traffic and subscribers

Musk’s X wins court motion to remove judge in German election data lawsuit

The activist groups argue that X must provide accessible election data, including post reach, shares, and likes, which are technically viewable but hard to collect

Google agrees to pay $340 million to settle Italy tax dispute

Prosecutors alleges that Google did not file and pay taxes on revenue generated in Italy

LHC rules registrar cannot refer cooperative society cases to ACE

The registrar or an authorized officer has the power to impose penalties, while only a court can issue punishments, the court rules

Apple’s App Tracking Transparency tool under scrutiny in Germany

The charges follow a three-year Federal Cartel Office probe into Apple's tool, which blocks advertisers from tracking users across apps

Musk’s group to withdraw $97.4 billion OpenAI bid if non-profit status stays

If the OpenAI board preserves the charity's mission and halts its conversion, Musk withdraws the bid

LHC rules SBP circular No. 2 of 2003 as beyond legal authority

The ruling strikes down restrictions in paragraph 33A of the FE Manual, affecting foreign exchange adjudication

Consumers sue Amazon for tracking movements without consent

The complaint alleges Amazon violated California laws on unauthorized access, seeking damages for millions of Californians