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Social Media Companies Score a Win Amid Ongoing Youth-Addiction Claims
The Los Angeles Superior Court tossed four complaints by school districts in California, Rhode Island, Florida and Washington against Google, Meta, TikTok and Snapchat. The schools sought damages for costs associated with mental health problems caused by excessive social media use.Terraform, Do Kwon to Pay $4.5B in Penalties in Settlement Agreement With SEC
The SEC accused Kwon of fleecing investors for billions from 2018 until May 2022 through the purchase and sale of interconnected crypto assets.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.AAA Launches ClauseBuilder AI to Simplify Drafting of Arbitration and Mediation Agreements
The new tool, powered by OpenAI's GPT-4o model, offers more than 500 curated clauses intended to streamline the drafting of clear and effective alternative dispute resolution agreements across industries.CARET Sells Flagship Product HotDocs to Mitratech
CARET, formerly known as AbacusNext, sees the strategic sale of its HotDocs product to Mitratech as an opportunity to focus on serving the needs of midsize law firms.View more book results for the query "*"
'Lawyers Are Always Responsible': 5th Circuit Discards AI Disclosure Rule After Pushback
A number of district court judges across the country have issued orders setting out disclosure requirements after a pair of New York lawyers were sanctioned last year for using fake, ChatGPT-generated case citations.Australian Document Verification Startup Atticus Announces Almost $11M in Minority Investment
The investment is the first for the Melbourne- and London-based startup, which has relied on its own profitability and organic growth since its 2017 founding.CaseMark AI Announces $1.7M Seed Funding Round Led by Google-Backed Investment Firm
CaseMark is at least the third legal tech startup catch the attention of Gradient Ventures, owned by Google's parent company, over the past year.'A Bell That Cannot Be Unrung': Jeh Johnson Warns Against Threat of AI, Fake Info in Elections
Johnson, a partner at Paul, Weiss, Rifkind, Wharton & Garrison and former Secretary of Homeland Security, said AI presented risks as the country is approaching an election likely to come down to a few precincts in a few states.Trending Stories
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