➀ Australian computer scientist Craig Wright falsely claimed to have invented Bitcoin and was sentenced for contempt of court. ➁ Wright's lawsuit against Jack Dorsey's company, Block, was dismissed. ➂ Wright was sentenced to a suspended one-year prison term for lying and forging documents.
Recent #Legal news in the semiconductor industry
➀ Two gamers are suing Ubisoft for deceiving consumers into buying The Crew without disclosing the game's servers would be shut down; ➁ The lawsuit claims Ubisoft violated California's consumer protection laws by misleading players; ➂ Ubisoft announced the shutdown of The Crew servers last year and offered refunds to recent buyers, but many gamers were unable to receive them.
➀ Russia fines Google an astronomical amount of 2 undecillion rubles for blocking pro-Russian channels on YouTube; ➁ The fine is described as 'a case with many, many zeroes'; ➂ Google's Russian subsidiary declared bankruptcy in 2022 but still operates services in Russia.
➀ Google appeals a historic antitrust lawsuit ruling; ➁ The ruling threatens Google's $12.4 billion mobile gaming empire; ➂ Google argues that the changes requested by Epic could harm consumers and developers.
1. US Senator Elizabeth Warren and progressive groups urge the DOJ to investigate NVIDIA for anti-competitive practices in the AI GPU market. 2. The groups argue that NVIDIA's proprietary approach stifles innovation and locks in customers. 3. NVIDIA's market dominance and rising market cap have attracted increased scrutiny.
1. Valve is being sued for overcharging PC gamers in the UK; 2. The lawsuit is worth around $843 million; 3. Accusations include using market dominance to overcharge and shutting out competition.