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Jury Awards Teen Pop Group OMG Girlz $71.5M in Battle With Toy Maker Over “L.O.L.” Dolls

Toy maker MGA Entertainment must pay $71.5 million in damages for infringing on the name and likeliness of teen pop group OMG Girlz with one of its popular lines of dolls, a federal jury has decided. Monday’s verdict hands a …

Report: Cybersecurity Claims for Data Loss Vary Broadly

Cybersecurity claims reported in recent years vary sharply, with larger claims reaching $500 million of data loss and smaller claims as low $1,000. NetDilligence released its annual report, which analyzes 10,464 claims from incidents between 2019 and 2023. The report …

FTC Announces Crackdown on Deceptive AI Claims, Schemes

The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said used artificial intelligence in deceptive and unfair ways. Three of the cases suspended operations at businesses that purported to help consumers generate passive income by …

Cooperative Center for Interdisciplinary Research on Convective Storms in Development

The National Science Foundation and the National Oceanic Atmospheric Administration are supporting an initiative to research and solve challenges posed by severe convective storms. Under the initiative, the Cooperative Center for Interdisciplinary Research on Convective Storms is being proposed by …

Pfizer Vs. Moderna COVID Vaccine Patents Battle Heading to Appeal

Pfizer and Moderna’s legal battle over their rival COVID-19 vaccines will continue after London’s High Court on Wednesday gave Pfizer permission to take the case to the Court of Appeal. Pfizer and its German partner BioNTech sued Moderna in London …

Hurricane Helene to Hit as Cat 3, and Early Estimates Forecast $3-$6B in Insured Losses

Hurricane Helene is expected to hit Florida as a Category 3, and a property data firm estimates that nearly 25,000 residential properties with a combined reconstruction cost value of $5.6 billion are at risk to storm surge flooding—a reinsurer estimates …

Google Accuses Microsoft of Abusing Dominance in Cloud

Google has ramped up a legal squabble with Microsoft Corp. over the lucrative cloud market, accusing the U.S. software giant of abusing its market dominance in a formal complaint to the European Union’s antitrust watchdog. The Alphabet Inc. unit alleged …

Jury Awards $116M to Family of Passenger Killed in New York No-Door Helicopter Crash

A jury has awarded $116 million to the family of one of five people killed in a no-door helicopter that crashed and sank in a New York City river, leaving passengers trapped in their safety harnesses. The verdict came last …

Tropical Storm Helene Gains Power as It Bears Down on Florida

Tropical Storm Helene grew stronger as it moved into the Gulf of Mexico, where it threatens to clip the Yucatan Peninsula before striking Florida’s west coast as a major hurricane on Thursday. Helene’s winds rose to 70 miles (113 kilometers) …

Elon Musk, X Seek Dismissal of Don Lemon’s Suit Over Canceled Partnership

Elon Musk and X asked a federal judge to dismiss former CNN anchor Don Lemon’s lawsuit claiming they defrauded him by canceling a partnership on the social media platform following a contentious interview. In a Monday night filing in San …