news-en

Karimi & Associates Law Firm presents according to The Financial Times: Tether, a company that is known to be the world’s largest issuer of stablecoins, has agreed to pay a 41 million dollar penalty to resolve a US regulator’s claim that it had falsely represented that its digital tokens were fully backed by dollars. The Commodity Futures Trading Commission (CFTC) claimed that from at least June 2016 to February 2019, misleading statements […]

Karimi & Associates Law Firm represents, according to The Jurist: A representation has been made by the Indian digital liberties organization Internet Freedom Foundation (IFF) to Google India’s public policy head, declaring that recent content takedowns and blocking of YouTube channels belonging to independent news outlets, citizen journalists, and satirists resulted from misuse of copyright laws. IFF has further outlined that some of the copyright strikes — most notably, the

Karimi & Associates Law Firm presents according to The U.S. Department of the treasury: The United Kingdom, France, Italy, Austria, and Spain have declared in a joint statement that there would be a repeal of their ‘Digital Services Taxes’. The joint statement is based on an agreement between the five countries and the U.S Department of the Treasury in accordance with the Organization for Economic Co-operation and Development “OECD” provisions and in

Karimi & Associates Law Firm represents, according to The Japan Times: Nippon Steel Corp, a Japanese steel company, stated that it has sued one of its major customers, Toyota Motor Corp., and Chinese steel maker Baoshan Iron & Steel Co., claiming infringement of a patent related to an important steel product for electric vehicles. The Japanese steel-maker has further said it is seeking compensation totaling ¥20 billion ($176 million) from

Karimi & Associates Law Firm presents according to The Guardian: The UK Competition and Markets Authority (CMA) has fined Facebook £50.5m due to breaching an order issued by the CMA during its investigation into Facebook’s purchase of the gif creation website, Giphy. Earlier this year, an investigation was started by the CMA into Facebook’s $400m (£290m) takeover. The investigation was launched after the regulator recognized several concerns regarding Facebook’s takeover of Giphy,

Karimi & Associates Law Firm presents, according to The Jurist: A new online privacy bill has been proposed by the Australian government, which mainly concerns online privacy and regulates social media companies. The act purportedly “enables the introduction of a binding online privacy code for social media and certain other online platforms, and increases penalties and enforcement measures.” According to the bill, social media services, data brokerage services, and large online

Karimi & Associates Law Firm presents according to The Guardian: The European court of justice (ECJ) has fined Poland €1m per day for ignoring a ruling that it must reform its controversial judicial system changes. The mentioned penalty, which is to be considered as the highest ever against a member state, has been imposed after a long-running battle between Brussels and Poland over changes that are said to undermine the independence of

Karimi & Associates Law Firm presents according to The Newyork Times: The US Department of Justice (DOJ) sued Penguin Random House, a well-known publisher in United States, to stop it from acquiring its rival Simon & Schuster.  Penguin Random House is to be considered as the largest publisher in the United States as well as it operates more than 300 imprints worldwide and has 15,000 new releases a year. With its $2.18

Karimi & Associates Law Firm presents according to Deutsche Welle: A Moscow court ordered Google’s parent company, Alphabet Inc., to pay a 2 million roubles ($28,085) fine due to not removing previously prohibited content. Russia has threatened to fine Google a percentage of its annual Russian turnover for repeatedly failing to delete banned content on its search engine and YouTube. The move comes as state officials seek to rein in tech giants.

Karimi & Associates Law Firm presents, according to The Swissinfo: The Swiss Federal Administrative Court upheld a Geneva-based tech company named Proton‘s appeal against the Swiss Post and Telecommunications Surveillance Service (PTSS) over obligations to store data and monitor email traffic. It has been confirmed by the court that email services can’t be considered telecommunications providers in Switzerland and hence are not subject to data retention requirements. Andy Yen, the company’s