Politics and Law

Facebook, bankers want IPO lawsuit thrown out of court

Facebook and the banks that financed its IPO want a judge to put the brakes on a slew of lawsuits filed by unhappy investors.

In court documents released Wednesday, Facebook claimed it was not required to reveal its own forecasts on how its mobile and product strategy might affect future sales, Reuters said today, even if that information had been disclosed to its underwriters.

Facebook is facing a host of lawsuits claiming that it misled investors about its financial health before it went public last year. Morgan Stanley and other underwriters are also targeted in many of the suits, blaming … Read more

Craigslist wins early legal victory against PadMapper, 3Taps

Craigslist has won the first round in its federal lawsuit against PadMapper and two other companies, which extracted and used real estate listings from the world's most popular classifieds site.

U.S. District Judge Charles Breyer in San Francisco on Tuesday rejected attempts by the defendants to dismiss Craigslist's lawsuit, which alleged a slew of unlawful acts -- including terms of use violations, copyright violations, trespass, and civil violations of the Computer Fraud and Abuse Act (CFAA).

"Defendants' continued use of Craigslist after the clear statements regarding authorization in the cease and desist letters and the technological … Read more

YouTube goes to Washington

Google's popular video channel and its public policy group have teamed up to provide members of Congress with feature-enhanced video channels today.

Citing an increase in public interest in streaming video from their elected representatives, Google has offered to improve the YouTube channels of all 535 members of Congress for free. They will be able to share via YouTube, e-mail, and social media live-streamed and archived videos such as the first hour of the recent Rand Paul filibuster, embedded above.

Google's content partnerships head honcho Robert Kyncl and vice president of Public Policy and Government Relations Susan Molinari … Read more

A shortage of tech workers? Not so fast

Until now, the assumption has been that the infusion of a talented cohort of IT workers from overseas is good for the U.S. economy. But is it possible to have too much of a good thing?

For years, Silicon Valley has bemoaned a shortage of skilled domestic labor, the complaint being that the pool of quality technical talent in the U.S. has atrophied to the point where a failing educational system has left companies with no other choice except to import more skilled IT help from abroad. Recently, Facebook's Mark Zuckerberg and LinkedIn's Reid Hoffman came … Read more

Opera suit: Former employee spilled secrets to Mozilla

Opera Software has sued former employee Trond Werner Hansen, alleging that he gave trade secrets to rival browser maker Mozilla.

The Norwegian company seeks damages of 20 million kroner, or $3.4 million, according to a report by newspaper Dagens Naeringsliv, which uncovered the suit and wrote about it Monday.

"Opera is of the opinion that the former employee has acted contrary to his contractual and other legal obligations towards Opera. Among other things, we claim that he is in breach of the duty of loyalty and his contractual and statutory confidentiality obligations," said Ole E. Tokvam, a … Read more

Most execs like patents, Intellectual Ventures study says

Patents are either the scourge of technology, or its savior -- depending on who you talk to.

Intellectual Ventures, a company that has quite a bit invested in the business of patents, talked to more than 200 top executives earlier this year, and now says the majority of those individuals are keen on the idea of patents.

The controversial Bellevue, Wash.-based technology company -- which CNET profiled extensively last August -- released the findings of that study, which is its first, on Monday. It partnered with PR firm Waggener Edstrom and research firm Research Now to accumulate the data. … Read more

CISPA suffers setback in Senate citing privacy concerns

The Senate will almost certainly kill a controversial cybersecurity bill, recently passed by the House, according to a U.S. Senate Committee member.

The comments were first reported by U.S. News on Thursday.

Sen. Jay Rockefeller, D-W.Va., the chairman of the U.S. Senate Committee on Commerce, Science and Transportation, said in a statement on April 18 that CISPA's privacy protections are "insufficient."

A committee aide told CNET on Thursday that Rockefeller believes the Senate will not take up CISPA. The White House has also said the president won't sign the House bill.

Staff … Read more

Motorola phones will still be banned in Germany, rules court

Motorola phones will continue to face a ban on their sales in Germany.

On Thursday, the Munich Higher Regional Court rejected an appeal by Google-Motorola to lift the injunction of its Android phones. In May 2012, a German court ruled that the company had violated a Microsoft patent over SMS, ordering a sales ban against its phones in Germany. Google appealed the ruling, but the court was unswayed.

Dubbed "Communicating multi-part messages between cellular devices using a standardized interface," the patent in question relates to text messaging.

"We are gratified the court has affirmed the District Court'… Read more

Apple envisions ways to find and start your car with your iPhone

Those of us who can never find our cars in a crowded parking garage may one day get a helping hand from Apple.

Published Thursday by the U.S. Trade and Patent Office, an Apple patent application called "Method for locating a vehicle" describes a technology in which your mobile device can talk to your car through a Bluetooth connection to confirm that it's parked somewhere nearby. The parking garage itself would also have its own wireless system to pinpoint the exact location of your car.

A map would then display on your phone to lead you … Read more