legalThursday, July 16, 2026
A White House teleprompter operator betting on Trump's speeches with inside knowledge is the most consequential story today, it's a rare insider trading case involving a prediction market and a sitting president's staff. Meanwhile, tech companies face a wave of lawsuits over AI, from trade secrets to layoffs, and Paramount fires back at state AGs trying to block its mega-merger.
The day's most striking story involves a teleprompter operator who allegedly turned inside knowledge into cash on a prediction market.
Gabriel Perez, Trump's teleprompter operator since 2016, allegedly made over $100,000 betting on more than a dozen Trump speeches on Kalshi using inside knowledge. He's in settlement talks with the CFTC and on unpaid leave. It's a rare insider trading case tied to a prediction market.
Tech companies are on both sides of the courtroom today, with Apple accusing OpenAI of trade secret theft and Meta facing claims it used AI to target employees on leave for layoffs.
Apple's 41-page trade secret lawsuit against OpenAI and two former employees alleges a coordinated scheme involving stolen laptops, exploited authentication bugs, and interview 'show and tell' sessions. The internet is dissecting the 42 most explosive allegations.
xAI is suing a user for allegedly using Grok to create child sexual abuse materials. It's one of the first lawsuits by a tech company against a user for AI-generated CSAM, signaling a new frontier in platform liability.
26 Meta employees are suing, claiming the company used AI to select workers for layoffs, specifically targeting those on protected leave. Meta denies it, but the case raises questions about algorithmic bias in employment decisions.
Paramount and state attorneys general are trading sharp words ahead of a hearing over the Warner Bros. Discovery merger.
Paramount called the state AGs' lawsuit to block its $110 billion merger with Warner Bros. Discovery 'one of the weakest merger challenges in modern antitrust history' ahead of a TRO hearing. The rhetoric is sharp, but the legal bar for a TRO is high.
AWS sustainability claims don't hold water, lawsuit allegeswww.theregister.com
Apple and OpenAI Face Off in Giant Tech Showdown 2024www.rswebsols.com
Judge extends asset freeze in First Nation’s lawsuit against separatist lawyer Jeffrey Rathwww.theglobeandmail.com
Ex-Huskers Coach Scott Frost’s lawsuit against University of Nebraska partially dismissedwww.1011now.com
Ye & French Montana Sued Over Sample of Paparazzi Fight Video: ‘Don’t Take No Photos!’www.billboard.comInfluencer Laura Viktoria Härtig Dies at Age 30 Following a Head-on Bike Collisionblacksportsonline.com
Laura Viktoria Härtig, a German influencer, reportedly died in a head-on bike accident while on her honeymoon. According to Italian publications Trentino and il Dolomiti, Laura died from injuries she sustained 19 days prior when she collided with former Olympic skier Peter Rungga
US jury indicts South Dakota crypto investor on 29 counts over alleged $20 million investor fraudwww.theblock.co
DOJ indicted Sioux Falls crypto investor Benjamin Paul Wiener on 29 counts over an alleged $20 million fraud, with a trial set for Sept. 15.
Man Celebrates After Court Slashed Voluntary Weekly $300 Child Support To $13 Monthlyblacksportsonline.com
A man named Barnett Jenkins is celebrating a court decision that left him feeling like he just won a financial lottery. The father recently shared his reaction after his child support situation took a shocking turn. According to Jenkins, he was voluntarily sending his baby mama $
Unlicensed gambling sponsors face UK sports ban from 2027insidersport.com
DCMS consultation would make sponsorship deals with unlicensed gambling operators a criminal offence, threatening Everton, Chelsea and F1 arrangements The UK’s Department for Culture, Media and Sport (DCMS) opened an eight-week consultation on 15 July on banning unlicensed gambli
How to Claim Water Heater Rebates Before They Expirefadmagazine.com
Rebates can reduce the installed cost of an efficient water heater, but timing matters. Many households lose savings because purchase... Read More
Lummis, Gallego secure unanimous Senate approval opposing Sam Bankman-Fried clemencywww.theblock.co
The U.S. Senate unanimously approved a resolution opposing a presidential pardon or commutation for convicted FTX founder Sam Bankman-Fried.
Elite English firms face uphill battle in fierce New York marketwww.cityam.com
Elite City law firms face major financial and strategic hurdles breaking into the US legal market, as fierce competition for top talent and high partner compensation make organic growth and brand-building especially challenging, writes Maria Ward-Brennan Breaking into the US has
CFTC Blocks Kalshi From Cancelling Michigan Sports Trades Ordered Voidednews.bitcoin.com
The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while opening a direct federal-state confrontation
Trump Dismisses Court-Appointed U.S. Attorney In Seattletippinsights.com
The report said the dismissal is part of a broader dispute over the appointment of federal prosecutors.
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