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Lawsuit

Anthropic’s Private Shares Soar to $185 Amid AI Frenzy – $183B Valuation, Major Deals & $1.5B Lawsuit

Anthropic’s Private Shares Soar to $185 Amid AI Frenzy – $183B Valuation, Major Deals & $1.5B Lawsuit

Private Valuation and Growth Surge Anthropic remains privately held, but secondary-market pricing gives a clear picture of investor sentiment. According to Forge Global data, Anthropic’s derived share price hit $185.90 on Oct. 29, 2025 forgeglobal.com. That figure implies an eye-watering ~$241 billion valuation forgeglobal.com. Remarkably, Forge’s charts show the price jumped about +1,555% in one week during late October forgeglobal.com. (Hiive, another private market site, similarly values Anthropic around $190–200 per share.) This caps a year of rapid growth: Anthropic’s Sept 2025 press release notes that its revenue run-rate exploded from roughly $1 billion in early 2025 to $5 billion by August 2025
BREAKING: Exxon Sues California, Citing ‘Free Speech’ in Climate Lawsuitreuters.comtimesunion.com

BREAKING: Exxon Sues California, Citing ‘Free Speech’ in Climate Lawsuitreuters.comtimesunion.com

Lawsuit filed over climate disclosure laws Exxon’s lawsuit is the first major test of California’s bold climate disclosure mandates. According to Reuters, Exxon Mobil sued the state on Oct. 25, 2025, “challenging two state laws that require large companies to publicly disclose their greenhouse gas emissions and climate-related financial risks” reuters.com. The lawsuit names California and its air‐resources board, and asks a federal court to block both SB 253 and SB 261 from taking effect. Exxon’s complaint argues that the laws compel speech: “the First Amendment bars California from pursuing a policy of stigmatization by forcing Exxon Mobil to describe its non-California business
Kenvue (KVUE) Stock Plummets to Record Low Amid Talc Lawsuit and Tylenol Scare

Kenvue (KVUE) Stock Plummets to Record Low Amid Talc Lawsuit and Tylenol Scare

Stock Hits a 52-Week Low on Legal Woes Kenvue’s shares collapsed to an all-time low since their mid-2023 IPO, closing around $14 after Thursday’s 13.2% plunge stocktwits.com. The one-day drop – Kenvue’s worst on record – was triggered by headline risks that blindsided investors. By early Friday, October 17, the stock stabilized slightly (up about 0.6% in pre-market trading) after the rout stocktwits.com. Still, at roughly 40% below its IPO price, the Johnson & Johnson spinoff has seen its market capitalization shrink to about $30–31 billion reuters.com. This dramatic sell-off came despite broader markets being relatively calm – the S&P
Strava Sues Garmin — Demands All Its Watches & Bike Computers Be Pulled

Strava Sues Garmin — Demands All Its Watches & Bike Computers Be Pulled

With those key facts laid out, let’s dig into the details of this surprising corporate showdown. Lawsuit Overview: What Did Strava Claim? On September 30, 2025, Strava formally sued Garmin in Colorado federal court bikeradar.com. The complaint alleges that Garmin’s Connect platform and devices infringe two Strava patents: one covering segments (route sections with performance comparisons) and the other covering activity heatmaps used for routing. Strava is asking for an extraordinary remedy: a permanent injunction to force Garmin to stop selling or importing any product that implements the patented technology dcrainmaker.com theverge.com. In practice, that would hit almost every Garmin fitness watch and Edge bike computer, since those
Capital One Savers Cheated Out of Billions – $425M Settlement Payout Deadline Fast Approaching

Deadline Looms: Capital One’s $425 Million Settlement Could Put Cash Back in Your Pocket—Here’s What You Need to Know

In‑depth report In January 2025, the Consumer Financial Protection Bureau accused Capital One of luring savers with promises of “high interest” returns on its 360 Savings account while quietly freezing that rate at 0.3%. The bureau said the bank simultaneously rolled out a 360 Performance Savings account with the same terms and conditions but far better returns—up to 4.3% during the Federal Reserve’s rapid rate hikes eu.usatoday.com. According to the CFPB, Capital One did not notify existing customers about the higher‑earning product and kept them in the dark about the rate differential masslive.com. The bureau’s director, Rohit Chopra, alleged that the practice “cheated families out of billions
2 October 2025
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