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Archive by tag: Robins Kaplan LLPReturn

Financial Daily Dose 10.29.2020 | Top Story: Stocks Lose Most Since June as Renewed Covid Fears Set In

Wall Street had another come-to-Jesus day over the troubling recent Covid trends, as surging cases throughout the U.S. and across Europe drove markets to their worst performance since June....By: Robins Kaplan LLP
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Robins Kaplan LLP | Oct 30,2020 |

Financial Daily Dose 10.28.2020 | Top Story: Big Tech CEOs to Face Senators Today Over Section 230 and Content Monitoring

A handful of tech’s biggest leaders—the CEOs of Facebook, Twitter, and Google, to be precise—descend upon the Hill today for a Senate Commerce Committee hearing on content monitoring and Section 230, the “slim and powerful law . . . that shields internet companies from liability for most of the material their users post.”...By: Robins Kaplan LLP
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Robins Kaplan LLP | Oct 28,2020 |

Financial Daily Dose 10.26.2020 | Top Story: Inspire Brands In Talks to Acquire Dunkin for Deal Worth $8.8 Billion

PE-backed Inspire Brands is in negotiations to take over Dunkin’ Brands Group, the parent of both Dunkin’ and Baskin-Robbins, in a deal valued at nearly $9 billion. Inspire includes Buffalo Wild Wings and Jimmy John’s among the big names in its stable of brands....By: Robins Kaplan LLP
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Robins Kaplan LLP | Oct 26,2020 |

Financial Daily Dose 10.20.2020 | Top Story: Intel Sells Flash Memory Unit to SKY Hynix for $9 billion

Intel Corp. has reached a nearly $9 billion deal to sell its NAND flash memory unit to South Korea’s SKY Hynix, a “move that reorient[s] the semiconductor giant away from an area of historical importance that has become increasingly challenged”....By: Robins Kaplan LLP
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Robins Kaplan LLP | Oct 20,2020 |

Financial Daily Dose 10.19.2020 | Top Story: ConocoPhillips Buys Oil Producer Concho Resources in Deal Worth Nearly $10B

ConocoPhillips is doubling down on its commitment to the Midland basin by buying Concho Resources Inc. in “an all-stock transaction valued at $9.7 billion,” even “as the American shale-drilling industry is facing a downturn after a historic crash in oil prices amid the Covid-19 pandemic”....By: Robins Kaplan LLP
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Robins Kaplan LLP | Oct 19,2020 |

Financial Daily Dose 10.13.2020 | Top Story: Disney Overhauls Organization to Focus on Streaming

New Disney CEO Bob Chapek made one of his biggest moves yet since taking the reins, announcing a realignment “of its business divisions on Monday that placed the focus squarely on Disney+ and its other streaming services as the future of the company’s creative efforts.” The shift has parallels to WarnerMedia’s reorg in August that “aligned all of its business units under HBO Max, its streaming service”....By: Robins Kaplan LLP
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Robins Kaplan LLP | Oct 14,2020 |

Financial Daily Dose 10.6.2020 | Top Story: Cybersecurity Pioneer John McAfee Arrested, Accused of Tax Evasion Over Crypto Promotion

The SEC has sued “cybersecurity pioneer John McAfee” for “promoting the sale of cryptocurrencies without disclosing that he was being paid to do so.” McAfee allegedly recommended “at least seven initial coin offerings to his Twitter followers from at least November 2017 to February 2018 without revealing that he earned more than $23 million to boost them.” McAfee was arrested in Spain this week after fleeing Belize in 2012 “ahead of a murder investigation there”....By: Robins Kaplan LLP
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Robins Kaplan LLP | Oct 07,2020 |

Financial Daily Dose 9.28.2020 | Top Story: Federal Court Halts White House Ban on TIkTok App-Store Downloads

A federal judge has delivered another win for TikTok over the weekend, temporarily blocking a White House ban “on new downloads of the video-sharing network, which would have gone into effect at 11:59 p.m. in Washington.” The Court hasn’t yet ruled on additional restrictions set to take place on November 12 “that are designed to further curb the app’s use in the U.S.”....By: Robins Kaplan LLP
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Robins Kaplan LLP | Sep 29,2020 |

Financial Daily Dose 9.24.2020 | Top Story: JPMorgan Nears $1B Settlement Over Alleged Spoofing

JPMorgan is preparing to finalize a deal with federal prosecutors and regulators in which the bank would pay nearly $1 billion to “settle civil and criminal charges that its traders rigged futures and securities markets” through alleged spoofing....By: Robins Kaplan LLP
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Robins Kaplan LLP | Sep 24,2020 |

Financial Daily Dose 9.22.2020 | Top Story: Microsoft Drops $7.5B on Gaming Acquisition to Challenge Rival Sony

Microsoft made a huge gaming move on Monday with its $7.5 billion acquisition of ZeniMax Media, the “parent company of gaming studios like Bethesda,” and maker of titles like “The Elder Scrolls, Fallout, Doom, Quake and Wolfenstein.” The deal “allows Microsoft to counter criticism that it lags behind Sony in the quality of its games"....By: Robins Kaplan LLP
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Robins Kaplan LLP | Sep 22,2020 |
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