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SAN JOSE, Calif. (AP) — A federal judge has halted implementation of a California law intended to restrict companies’ use of information gathered from young internet users in order to protect the privacy of minors. U.S. District Judge Beth Labson Freeman on Monday granted a preliminary injunction, saying the legislation interferes with firms' use of the internet in ways the state has failed to justify. It would also prohibit businesses from collecting most types of personal information about young internet users, including their physical locations. “The State has no right to enforce obligations that would essentially press private companies into service as government censors,” Freeman wrote. It was challenged by NetChoice, a commercial association whose members include Google, Amazon, Meta and TikTok.
Persons: Beth Labson Freeman, ” Freeman, Buffy Wicks, NetChoice, Chris Marchese, Rob Bonta’s Organizations: JOSE, Calif, , U.S, Google, San Francisco Chronicle, Ninth U.S, Circuit Locations: California, Oakland, San Francisco
Elizabeth Holmes’s Prison-Reporting Date Is Delayed
  + stars: | 2023-04-26 | by ( Meghan Bobrowsky | ) www.wsj.com   time to read: 1 min
Photo: Peter DaSilva/ShutterstockElizabeth Holmes , the disgraced Theranos founder convicted of criminal fraud, doesn’t have to report to prison Thursday. Ms. Holmes appealed her guilty verdict to the Ninth U.S. Circuit Court of Appeals in December and this week asked it directly if she could stay out of prison while her case makes its way through the appeals process, according to a legal filing Wednesday. The request automatically puts Ms. Holmes’s reporting date on hold while the court considers her request.
The federal judge who oversaw the criminal-fraud trial of Theranos Inc. founder Elizabeth Holmes denied her request to stay out of prison while she appeals her guilty verdict. Ms. Holmes was found guilty on three counts of fraud and one count of conspiracy to commit fraud against Theranos investors in January 2022. Judge Davila sentenced her in November to more than 11 years in prison and ordered her to surrender to prison April 27. She now could take her request directly to the Ninth U.S. Circuit Court of Appeals, which has already denied Ramesh “ Sunny” Balwani ’s request to stay out of prison while he appeals his conviction for defrauding Theranos investors and patients.
The Ninth Circuit Upholds a Wealth Tax
  + stars: | 2023-01-26 | by ( Christopher Cox | Hank Adler | ) www.wsj.com   time to read: +1 min
The 16th Amendment authorizes the federal government only to tax income, but some members of Congress would love to tax wealth as well. Circuit Court of Appeals upholding a form of wealth tax could upend that conventional wisdom if it is allowed to stand. The case, Moore v. U.S., involves a unique provision of the 2017 Tax Cuts and Jobs Act, which imposed a one-time retroactive tax applicable to individual U.S. shareholders of foreign corporations. The 2017 act abolished the tax on overseas income, bringing the U.S. tax system into line with those of most other developed countries. But it also created a “mandatory repatriation tax” on the corporation’s undistributed income since 1986, payable not by the corporation but its shareholders.
A two-year legal battle between Apple Inc. and “Fortnite” maker Epic Games Inc. over how apps are distributed on the iPhone took its next steps before the Ninth U.S. Circuit Court of Appeals on Monday. The two sides have engaged in a very public and acrimonious fight with billions of dollars at stake on each side. At the heart of the dispute is how Apple operates its app store and Epic’s contention that the company collects an unfair cut of revenue generated through the software platform.
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