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Ready for a blast from the past? Ten years ago, Walmart's plan to undercut Netflix on DVD-by-mail rental pricing failed, and the retail giant turned that part of its business over to the movie service in exchange for a cut of the revenue, referral bonuses and Netflix promoting Walmart's DVD sales ...

2 days ago 0 Comments
February 28, 2015 at 8:07AM
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For years, businesses have accused Yelp of running an extortion racket. If companies refused to pay for ads, Yelp would allegedly pull down some of their positive reviews (and wreck sales) until they gave in. Well, those accusations don't appear to hold much legal water; an appeals court has uphel...

6 months ago 0 Comments
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Remember how the discovery of a botnet took much of the value out of the Mt. Gox Bitcoin exchange, leading it to declare bankruptcy? Yeah, investors aren't happy about that -- and they're now demanding compensation. One of them, Gregory Greene, has filed a lawsuit accusing the exchange of fraud fo...

1 year ago 0 Comments
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They can hope and pray all that they want, but Google, Intel, Apple, Adobe, Intuit, Pixar and Lucasfilm will soon be facing some serious accusations in a courtroom under the Sherman Antitrust Act and California's Cartwright Act. After years of trying to dodge legal action over an "informal agreeme...

2 years ago 0 Comments
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A class action lawsuit filed by owners of faulty Sammy TVs has finally reached a settlement. The manufacturer has promised to foot the bill for new repairs, reimburse for previous repairs and hand out up to $300 to customers who no longer possess their broken TVs but can prove they once did. The fa...

3 years ago 0 Comments