By Reuters
U.S. sales of two new smartphones from Taiwan's HTC Corp will be delayed due to a patent dispute with Apple Inc, a fresh blow to the company as it tries to turn around declining sales in what was once its largest market. (3:07 am)
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IPHONE, APPLE INC., GOLDMAN SACHS, SAMSUNG, NEW YORK, SMARTPHONE
By Reuters
U.S. sales of two new smartphones from Taiwan's HTC Corp will be delayed due to a patent dispute with Apple Inc, a fresh blow to the company as it tries to turn around declining sales in what was once its largest market that knocked its shares down 5 percent. (1:00 am)
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IPHONE, APPLE INC., GOLDMAN SACHS, NEW YORK, SMARTPHONE, HTC
By Reuters UK
Dewey & LeBoeuf, the U.S. law firm teetering on the brink of closure, has been sued by the Pension Benefit Guaranty Corp, which is seeking a decree to terminate various Dewey retirement plans. (8:07 pm)
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COURT, POLAND, NEW YORK, LAWYER, LAW FIRM
By Reuters UK
Former IMF chief Dominique Strauss-Kahn has filed a $1 million (624 thousand pounds) countersuit against the hotel maid who accused him of sexual assault, costing him his job and any chance of being elected president of France. (5:56 pm)
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IMF, COURT, NEW YORK, INTERNATIONAL MONETARY FUND, SUPREME COURT
By IBTimes
Activision has been in some legal mishaps with Infinity Ward as of late due to a breach of contract issue. However, it seems as if Activision is looking to calm disputes with former employees Jason West and Vince Zampella after paying $42 million to ... (1:03 pm)
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COURT, SETTLEMENT, LOS ANGELES
By IBTimes
A new study revealed that most Facebook users do not trust the company to keep their information private. It also revealed that a large majority of respondents rarely interact with ads or other sponsored links on the site. (11:59 am)
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FACEBOOK, ADVERTISING
By Reuters UK
Hewlett-Packard Co. on Monday lost a battle with the U.S. Internal Revenue Service for more than $190 million (118 million pounds) in tax refunds tied to a Dutch tax shelter designed by the derivatives arm of American International Group. (May 14)
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ABN AMRO, AIG, HP, COURT, RETAIL, INVESTMENT
By Reuters
A federal judge on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp <BAC.N> directors and shareholders who accused the bank of overpaying for Merrill Lynch & Co. (May 14)
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BANK OF AMERICA, MERRILL LYNCH, COURT, NEW YORK, SETTLEMENT