The NLRB's acting general counsel has withdrawn a memo challenging non-compete agreements, signaling a rollback of federal efforts to regulate such contracts.
The Supreme Court lifts an injunction, allowing enforcement of the Corporate Transparency Act, while legal debates over its constitutionality continue in the 5th Circuit.
On December 6, 2024, the U.S. Court of Appeals upheld the Protecting Americans from Foreign Adversary Controlled Applications Act, mandating ByteDance to divest TikTok U.S. The court deemed ownership a national security risk due to potential Chinese government interference. TikTok’s arguments against the Act’s constitutionality were rejected, affirming the law’s necessity.
The Federal Trade Commission's non-compete ban has been blocked nationwide after Texas Federal Judge Ada Brown ruled that the agency lacked the authority to enact the “unreasonably overbroad” regulation.
To avoid a hefty fine and other penalties, Apple will allow iPhone users in the European Union to use any wallet they prefer to make payments using Apple Pay.
The primary concern with this partnership is the possibility of Microsoft leveraging its financial and technological muscle to stifle competition in the AI market.