Netflix Inc. has lost an appeal of a ruling from 2019 that ordered the company to stop poaching executives from Disney’s Fox unit. A California appeals court on Thursday upheld an injunction that prevented Netflix from hiring away employees under contract at Fox, according to the Hollywood Reporter. Fox and Netflix have been engaged in a legal battle since 2016 when Fox sued Netflix (Nasdaq: NFLX) for hiring away two of its executives — executive Tara Flynn and marketing executive Marcos Waltenberg — double their salaries. Read More...
Reuters
U.S. appeals court will not block China Telecom revocation order
WASHINGTON (Reuters) -A federal appeals court on Thursday declined China Telecom Corp’s emergency bid to halt a U.S. Federal Communications Commission order withdrawing its authority to provide services in the United States. A three-judge panel of the U.S. Court of Appeals for the District Columbia rejected the bid by the U.S. arm of China Telecom to temporarily block the FCC order, which takes effect in early January, pending a full review of its legal challenge. China Telecom had warned it must notify U.S. customers of the decision by Saturday and said that without a temporary halt to the FCC action, it “will be forced to cease significant operations, irreparably harming its business, reputation, and relationships.”
