It turns out Infinite Reality/Napster’s huge funding round was even more suspicious than we thought: Now, two federal cases are in motion against the individual who allegedly “fraudulently obtained” almost 240 million of the company’s shares. The U.S.
Industry
Rare Full Court Rehearing Granted in Copyright Case Against Kat Von D’s Miles Davis Tattoo — It’s rare for a Circuit Court to rehear a case en banc. Even more rare: one of the leading copyright circuits to grant en banc rehearing to consider its long-standing, foundational precedent on the standard...
Last time we checked in on Napster, in November 2025, its parent company Infinite Reality was claiming to be a “victim of misconduct” relating to a $3bn funding round that had vanished. Now it has the authorities in its corner over that claim.
A North Carolina man faces fraud charges for allegedly using a fake banking website and forged records to acquire hundreds of millions of Napster shares. Source
Retail investors lined up to get a handful of Musk's magic beans in SpaceX's debut
30 months later, Francisco Partners has officially exited its minority position in Muse Group, which is eyeing acquisitions and more in “its next chapter of growth.” Cyprus-based Muse Group reached out to DMN with word of the transaction, which was powered by “cash on hand” as well as senior...
The Supreme Court’s solo foray into copyright this term, Cox v. Sony, has shaken up the landscape of secondary liability. In its wake, a growing chorus of voices have noted that direct liability under copyright law needs a fresh look, particularly the doctrine of volitional conduct.
