What is the Future for the “Internet of Things”?

One of the hottest topics in technology over the past year has been the emergence and growth of the supposed “Internet of Things” (IoT). It has been the subject of articles within technology and business circles for quite some time, but has yet to make a dent in the popular zeitgeist. What is the Internet of Things and what are the potential benefits and risks?

(more…)

How Trump’s Presidency Will Change the Justice Department and SEC

Donald Trump’s recent upset victory in the presidential election has raised speculation on what changes his administration will make to the leadership and focus areas of the Department of Justice. Equally important questions have surfaced on whether his election will lead to an opportunity for the Republican-controlled Congress to limit the Securities and Exchange Commission’s (SEC) authority.

(more…)

Trump Victory Could Spell Defeat for EU-U.S. Trade Deal

The result of the 2016 presidential election was surprising to many, and disastrous for some. The media focused its attention on social issues, religious freedoms, and healthcare proposals, while foreign trade policies took a backseat during the presidential campaign. However, President-elect Trump was also explicit about his stance on trade. On the campaign trail, Donald Trump labeled the North American Free Trade Agreement (NAFTA) as the “worst trade deal ever” and has blamed the NAFTA for the loss of many American jobs.

(more…)

Rising Housing Prices Prompt New Political Response

It is no secret that growing housing prices have plagued Silicon Valley, and as the tech industry continues to expand, many worry that the problem will become more pronounced. Indeed, the median home price in Mountain View, headquarters of Google, stands at 1.4 million, while Cupertino, the hometown of Apple, offers homes at a median price of 1.6 million. These prices are driving even highly paid tech workers into neighboring cities where the homes are less expensive.

(more…)

Martin Shkreli Subpoenas Former Lawyers

Martin Shkreli, the former hedge fund manager and founder of Retrophin and Turing Pharmaceuticals – most famous for engineering, and defending, the drastic overnight price increase of Daraprim – appears to be gearing up for another fight. This time, the fight is against his former lawyers. The suit arises from fraud charges filed by the Department of Justice after Mr. Shkreli’s price-altering program made national headlines.

(more…)

Potential Issues of Self-dealing in SolarCity and Tesla Merger

Within the last decade, tech companies have risen from obscurity to multibillion dollar enterprises. Names like Microsoft, Apple, and Facebook are more prevalent than ever. Along with these companies are their larger than life CEOs: Bill Gates, Mark Zuckerberg, and the late Steve Jobs.

(more…)

Can Miami Sue Banks Over Predatory Lending? SCOTUS Hears Argument

While millions were at the polls on Election Day, the Supreme Court revisited the 2008 financial crisis. In Washington, D.C., the Court heard arguments about whether Miami can sue banks under the Fair Housing Act (FHA) for discriminatory, predatory lending practices.

(more…)

Virginia Court Rules Against Rolling Stone in Defamation Case

In the wake of the 2014 Rolling Stone article on the mishandling of a brutal rape at the University of Virginia, a Virginia court ruled against the magazine in favor of former dean of student affairs, Nicole Eramo. The 10-member jury came back with $3 million in damages for Eramo on November 11, citing that reporter Sabrina Rubin Elderly acted with the malice necessary for defamation liability.

(more…)

The Disparate Impacts of Trump’s Proposed Tax Law Reform

President-elect Donald Trump’s tax plan, if passed by Congress, is predicted to help the rich get richer while the poor get poorer. Trump’s plan to reduce overall taxes will have the likely effect of keeping money in the hands of the 1 percent of American households, creating family “dynasties” and providing corporations with large tax cuts, while generating less income for the government and the poor.

(more…)

“Brexit” Concerns Could Prompt M&A Migration

International banks have traditionally concentrated their European dealmakers in London, but after the United Kingdom’s vote to leave the European Union (“Brexit”), it is unclear whether and how much transactional activity will shift out of the U.K. The German deal market is heating up and banks are subtly shifting bankers to satellite offices in Frankfurt, indicating that Germany is in a position to absorb British banking activity.

(more…)