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August 07, 2024 | New York Law Journal

Trader Convicted in First US Crypto Manipulation Case Moves for Acquittal

Avraham Eisenberg faces up to two decades behind bars for his $110 million heist.
3 minute read
August 07, 2024 | Legaltech News

DISCO's New CEO and President Eric Friedrichsen Discusses the Company's Next Chapter

Bringing decades of experience in fintech, Friedrichsen hopes to start off his tenure as DISCO's new CEO by prioritizing customer needs as the company works to forge ahead in the field of AI integrations.
4 minute read
August 06, 2024 | The Recorder

Alphabet, OpenAI Hit With Class Actions Over Alleged Misuse of YouTube Content for AI Training

The cases, both filed by plaintiff David Millette on behalf of other YouTube video creators, allege that the companies covertly transcribed "millions" of YouTube videos to train their AI software products, Google's Gemini and OpenAI's ChatGPT. The plaintiff is seeking injunctive relief and damages from both companies on unjust enrichment and unfair competition law violation claims.
3 minute read
August 06, 2024 | National Law Journal

DOJ's Lawsuit Against TikTok Signals Warning to Other Online Platforms on Child Privacy, Lawyers Say

"We've seen a lot of action from the FTC on privacy recently, and COPPA [the Children's Online Privacy Protection Act] is one of the areas where they have the clearest authority," said Eric Null, of the Center for Democracy & Technology.
4 minute read
August 06, 2024 | The Recorder

Elon Musk Sues OpenAI, Sam Altman on Fraud and Breach-of-Contract Claims

According to the 83-page complaint, filed Monday in California's Northern District by Toberoff & Associates, Altman "induced" Musk to finance OpenAI by deceiving him about his intent to convert the company into a for-profit enterprise and feigning shared concerns about the "existential dangers" of artificial intelligence.
4 minute read
August 06, 2024 | Legaltech News

HaystackID Announces Gen AI Expansion: Core Intelligence AI

Built in partnership with startup eDiscovery AI, Core Intelligence AI looks to leverage generative AI in relevancy reviews, with plans to expand its scope in the near future.
5 minute read
August 05, 2024 | Legaltech News

Cooley Launches Gen AI Chatbot 'Cooley GObot,' New Collections for Quicker Entrepreneurial Insights

The new 24/7 chatbot, plus curated information collections and more than 10 years of venture capital data, are meant to help users surface the insights they need faster than ever.
5 minute read
August 05, 2024 | New York Law Journal

NY AG: Stakeholders in Generative AI Want State to Develop Algorithm Auditing Standards

James said the closed-door meeting of academics, policymakers, advocates, and industry was meant to help her office develop strategies to mitigate risks while ensuring New York can remain at the forefront of innovation.
4 minute read
August 05, 2024 | National Law Journal

Judge Rules Google Violated Federal Antitrust Law

"Importantly, the court also finds that Google has exercised its monopoly power by offering supracompetitive prices for general search text ads. That conduct has allowed Google to earn monopoly profits," wrote U.S. District Judge Amit Mehta of Washington, D.C.
3 minute read
August 05, 2024 | Law.com

Snowflake Customer Breach Litigation Snowballs, Names Ticketmaster, AT&T

More than 50 class actions have been filed over an April data breach now connected to cloud storage software firm Snowflake Inc.
5 minute read

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