June 18, 2024 | Corporate Counsel
FTC Suspects TikTok of Violating Children's Privacy Again, Refers Matter to DOJFive years after paying $5.7 million to settle an FTC children's privacy probe, the parent company of TikTok is facing a new wave of children's privacy allegations.
By Maria Dinzeo
4 minute read
June 18, 2024 | Corporate Counsel
Bumble Finds Successor to Legal Chief Who Moved On in Its Own HiveElizabeth Monteleone started at the online dating and networking app in 2018 as legal counsel. Six years later, she's chief legal officer.
By Maria Dinzeo
3 minute read
June 17, 2024 | Corporate Counsel
Adobe Traps Customers Into Pricey Renewals, FTC Alleges in Latest Assault on 'Dark Patterns'"Americans are tired of companies hiding the ball during subscription signup and then putting up roadblocks when they try to cancel," said Sam Levine, director of the Federal Trade Commission's Bureau of Consumer Protection.
By Maria Dinzeo
5 minute read
June 14, 2024 | Corporate Counsel
Cybercriminals Turn to Multichannel Attacks—Alongside 'Quishing and 'Smishing'—to Dupe TargetsEmployees are less mindful of security when they text or use Slack than when they use email, said James Dyer, a threat intelligence lead at the email security firm Egress.
By Maria Dinzeo
4 minute read
June 12, 2024 | Corporate Counsel
SEC 'AI Washing' Crackdown Yields Charges Against Founder of Recruiting Firm"It is critical for investors to beware of companies exploiting the fanfare around artificial intelligence to raise funds," SEC enforcement division director Gurbir Grewal said.
By Maria Dinzeo
5 minute read
June 12, 2024 | Corporate Counsel
In $1B Suit, Nikola Founder Says Legal Chief, Other Execs Fed DOJ False Narrative to Save Themselves"Never has there been such an egregious case of corporate scapegoating at the expense of shareholders," former Executive Chair Trevor Milton alleges in the complaint.
By Maria Dinzeo
7 minute read
June 11, 2024 | Corporate Counsel
'Putting My Stamp on It': First GC of Waste-to-Energy Startup Excited to Have Clean Slate"I looked at my career, and I said, 'Do I really want to be general counsel of a portfolio company that's been around for over 100 years?'" said Eric Stein, general counsel of Oberon Fuels.
By Maria Dinzeo
6 minute read
June 07, 2024 | Corporate Counsel
In Unredacted Filing, Former Twitter CLO Alleges Musk Bullied Board Ahead of SaleA newly unredacted copy of a complaint against Musk claims his attorney Alex Spiro threatened Twitter's board on Musk's behalf "stating that Musk would pursue the directors until the end of time and would put into his will that his heirs should do the same if the board did not agree to reduce the deal price" for Twitter.
By Maria Dinzeo
6 minute read
June 06, 2024 | Corporate Counsel
Autonomy CEO Acquitted on All Counts in HP Fraud TrialA federal jury on Thursday found the British tech tycoon not guilty of 14 counts of wire fraud and one count of conspiracy.
By Maria Dinzeo
7 minute read
June 06, 2024 | Corporate Counsel
'This Is Your Time': AI Gives In-House Counsel Unprecedented LeverageIn a keynote address at the Legal Innovators conference in San Francisco on Wednesday, industry expert Zach Abramowitz said in-house teams are well-positioned to drive innovation at their companies and disrupt the outside counsel relationship.
By Maria Dinzeo
7 minute read
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