October 30, 2024 | Corporate Counsel
The FTC's Rebecca Slaughter Wants Fair Competition, and a Good Night's Sleep"I don't have a crystal ball. I don't know what's going to happen on Tuesday or after Tuesday, but I can tell you what I hope will happen, which is that I hope Chair Khan can continue to serve," Slaughter said.
By Maria Dinzeo
8 minute read
October 28, 2024 | Corporate Counsel
$17B Episcopal Church Pension Fund Hires New Legal Chief as Staff Changes ContinueJulian Chung's "breadth of experience as a corporate attorney, incorporating legal strategy and business strategy, spans more than 25 years and will benefit us greatly," CEO Mary Wold said.
By Maria Dinzeo
3 minute read
October 25, 2024 | Corporate Counsel
Microsoft's Banner Year Pushed Brad Smith's Pay Sharply HigherThe company racked up lots of wins in the fiscal year that ended June 30, including completing its largest acquisition ever, the $69 billion purchase of Activision Blizzard—a deal Smith pushed across the finish line in October.
By Maria Dinzeo
4 minute read
October 24, 2024 | Corporate Counsel
Ex-Moody's GC Gets 8 Months in Prison for Not Filing Tax Returns on $54M in IncomeFormer Moody's GC John Goggins "regrets and accepts full responsibility" for failing to file his returns and "is grateful to the court for considering the comprehensive measures of accountability and restitution he has taken in connection with his misdemeanor offenses."
By Maria Dinzeo
2 minute read
October 22, 2024 | Corporate Counsel
OpenAI Hires First Compliance Chief, Snagging Uber's Scott Schools"Contributing to the responsible development of technologies that positively impact society is a tremendous opportunity," said Schools, who held a string of high-level Justice Department posts before joining Uber in 2018.
By Maria Dinzeo
2 minute read
October 22, 2024 | Corporate Counsel
SEC Fines 4 Companies $7M for Downplaying Breaches Tied to Massive SolarWinds HackThe agency said Unisys, Avaya Holdings, Check Point Software Technologies and Mimecast provided misleading disclosures about the incidents, leaving investors in the dark about their "true scope."
By Maria Dinzeo
5 minute read
October 21, 2024 | Corporate Counsel
Cisco CLO's Comp Surges in Year Marked by Huge Acquisition, Declining SalesDeborah "Dev" Stahlkopf had been general counsel of Microsoft before she joined the computer networking giant in 2021, induced in part by a $5.5 million, cash-and-stock signing bonus.
By Maria Dinzeo
3 minute read
October 18, 2024 | Corporate Counsel
Google Fails to Secure Long-Term Stay of Order Requiring It to Open App Store to RivalsJudge James Donato said halting enforcement of his order until the 9th Circuit rules on Google's appeal would not be in the public interest. "A much better argument could be made that the public's interest is best served by opening up the market to competition," he said.
By Maria Dinzeo
4 minute read
October 17, 2024 | Corporate Counsel
Regulators Say AI Enforcement Sweeps Are Reining in Hucksters, Not Innovation"We're going after companies making deceptive claims in the sale of particular products and services. And if you don't like that because it doesn't jibe with your, you know, techno-optimist, quasi-religious or accelerationist views about the tech, tough," said Michael Atleson, a Federal Trade Commission senior attorney.
By Maria Dinzeo
7 minute read
October 15, 2024 | Corporate Counsel
When Law Firms Get Hacked, Are Their Corporate Clients on the Hook?"Law firms are being heavily targeted now because they have a lot of sensitive information and they need to operate," said Brian Levine, managing director of Ernst & Young's cybersecurity and data privacy practice.
By Maria Dinzeo
8 minute read
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