Law

A black quadcopter drone with glowing green lights hovers mid-air in a misty forest, with blurred trees and foliage in the background.

Two Senators May Have Revived The US DJI Drone Ban

Earlier this month, the United States Senate Armed Services Committee completed its revised version of the 2025 National Defense Authorization Act (NDAA) and, unlike the House version, it did not contain a ban on DJI drones. However, an amendment to add it back has been submitted.

Illustration of people running off a cliff chasing a dollar symbol tied to a string hanging from Pinocchio's nose. The background is blue, and the "Getty Images" watermark is present on the left side.

$4 Billion Offer for Getty Images Was an Illegal ‘Pump and Dump’ Scheme

In April 2023, Getty rejected a $4 billion takeover bid from Massachusetts-based investment firm Trillium Capital, categorizing the acquisition attempt as insufficiently credible. Now, federal investigators describe the failed takeover as a "pump and dump" scheme and have charged Trillium and its CEO with securities fraud.