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: E-Commerce LawE-Commerce Law Briefs: Week of May 26, 2008
- Microsoft's new strategy for competing with Google includes attempting to close a search advertising deal with Yahoo and offering users cashback rewards. The "Live Search Cashback" service permits users of Microsoft's Live Search to purchase certain products online with a cash refund. "The cash-back approach could produce revenue, said Anand Subramanian, CEO and founder of AdsDaq, an online advertising exchange for graphical ads and rich media, as well as text ads. But he said it's unclear whether it will ultimately help Microsoft build its overall market share."
- A man has sued LendingTree in federal court alleging that the company was negligent in failing to keep customer information secure and failing to notify customers of a security breach in a timely manner. "LendingTree said last month it was suing Newport Lending Group and Sage Credit Company, both of Irvine, Calif., and Home Loan Consultants of Newport Beach, Calif., over the breach. LendingTree said at the time that several former employees were believed to have taken company passwords and given them to a handful of lenders who then accessed LendingTree customer data files"
Full post as published by E-Commerce Law on June 01, 2008 (boomark / email).
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Canadian Imperial Bank of Commerce
CIBC
Canadian Imperial Bank of Commerce
401(k) / ERISA Stock Fraud
Internet/Technology
involving cyber law, consumer protection, internet crime, internet fraud, online gambling, e-commerce.
Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin.
The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...
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