WOW vs TikTok – The New Data Wars
On January 23, 2023, the license agreement between Activision Blizzard, Inc. (“Activision Blizzard”) and NetEase Inc. (“NetEase”) with respect to the publication of multiple online games in mainland China will expire, ending a 14-year partnership...
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California Social Media Law Enacted as Courts Confront Similar Texas and Florida Laws
On September 13, 2022, California governor Newsom signed AB 587 (the “Social Media Law”) into law, requiring social media companies to publicly post terms of service that address hate speech, disinformation, harassment, and extremism policies....
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California Privacy Protection Agency Moves Forward With New Draft Privacy Regulations
On August 24 and 25, 2022, the California Privacy Protection Agency (the “Agency”) held a public hearing on proposed regulations affecting the California Consumer Privacy Act of 2018 (the “2018 Act”), as amended by the...
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SEC Deems Nine Tokens Securities
On July 21, 2022, the United States Securities and Exchange Commission (the “SEC”) alleged that nine digital assets constituted securities in its first insider trading claim involving cryptocurrencies, SEC v. Ishan Wahi, Nikhil Wahi, and...
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The California Privacy Protection Agency Talks Rulemaking—Are Businesses Ready for New California Data Privacy Rules?
On November 3, 2020, California voters passed Proposition 24 enacting the California Privacy Rights Act (“CPRA” or “2020 Act”). The CPRA becomes effective January 1, 2023 and will be enforced by the newly created California...
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The California Privacy Protection Agency Talks Rulemaking—Are Businesses Ready for New California Data Privacy Rules?
On November 3, 2020, California voters passed Proposition 24 enacting the California Privacy Rights Act (“CPRA” or “2020 Act”). The CPRA becomes effective January 1, 2023 and will be enforced by the newly created California...
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Commerce Department Issues, Then Withdraws WeChat Ban Rules; Federal Court Blocks the Ban
On September 18, 2020, the U.S. Department of Commerce (the “Commerce Department”) issued unpublished rules (the “WeChat Rules”) identifying the transactions prohibited by the August 6, 2020 Executive Order on Addressing the Threat Posed by...
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POTUS Bans WeChat
On August 6, 2020, the President of the United States (“POTUS”), Donald J. Trump, issued an Executive Order on Addressing the Threat Posed by WeChat (the “WeChat Order”), a widely used mobile application owned and...
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Foreign Investment Update: CFIUS Reform
Amid the ongoing trade war with China, the U.S. has enacted legislation to reform the Committee on Foreign Investment in the United States (“CFIUS”), which is the government authority tasked with reviewing proposed foreign investments...
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