Hazards Abound for Companies Seeking to Accept Bitcoin The Bitcoin “Cryptocurrency” has gained momentum in the market, and some businesses, including Overstock. com and TigerDirect.com, now accept bitcoins as payment. Many others are wondering if Bitcoin is a good fit for them—and they should factor regulatory uncertainty into their calculations.
Getting what you pay for—and then some More companies looking to keep pace with the fast-changing mobile market are busily buying up app developers. Google spent almost $1 billion in June to acquire traffic app developer Waze. Apptopia is a growing online marketplace for the buying and selling of rights to apps. But companies should… Continue Reading
Widely applicable rules regarding consumer privacy disclosures in our increasingly mobile world are only now emerging. Government agencies, individual states, and professional associations are all weighing in on how mobile app developers should disclose how they collect, store, use, and protect the wide range of highly personal data being collected every day. The Application Privacy, Protection,… Continue Reading
“If you use that word [natural], you’d better be sure you can defend every ingredient,” says Stern. Consumers are eager to know more about the food they buy, and companies are eager to tell them. But the companies face a legal minefield, as plaintiffs’ lawyers parse every word on every label for something they can claim… Continue Reading
Issued in 2000, the Federal Trade Commission’s “Dot Com Disclosures” document helps online businesses avoid deception with guidance on how to disclose “in a clear and conspicuous way” information material to any form of consumer interaction with its products or services. As D. Reed Freeman, Jr., a Morrison & Foerster partner focused on consumer protection… Continue Reading