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News
TikTok Lied About Harmful Content For Minors, Texas Judge Rules
3+ day, 11+ hour ago (116+ words) news.bloomberglaw.com TikTok Inc. deceived the public about its ability to keep sexually-explicit and other inappropriate content away from minor users in violation Texas law, a state court judge ruled Thursday. The ruling is a victory for Texas Attorney…...
Most Auditors Using AI Without a Formal Strategy, Study Shows
3+ day, 17+ hour ago (81+ words) news.bloomberglaw.com Auditing teams are leveraging AI but many do not have a formal use strategy in place for the technology, a Gartner survey found. About 93% of 161 chief audit executives reported some level of AI use, according to a…...
LinkedIn Beats Privacy Suits Over Anti-Scraping Browser Searches
4+ day, 1+ hour ago (87+ words) news.bloomberglaw.com LinkedIn Corp. defeated two proposed class actions alleging it illegally scanned users’ browsers for installed extensions and transmitted the data to third parties without consent. The lead plaintiff in each lawsuit failed to allege an injury in…...
Oracle Earnings to Test Market’s Tolerance for AI Spending Risk
3+ day, 19+ hour ago (79+ words) Bloomberg Law News Oracle Corp. shares are struggling this year as investors balk at the massive debt load the software and cloud computing company has taken on to build out artificial intelligence infrastructure. Now, its earnings after the close Thursday…...
Arm Wins Invalidation of ‘Obvious’ Chip Patent Sold by Intel
3+ day, 16+ hour ago (97+ words) Bloomberg Law News Arm Ltd. convinced a US Patent and Trademark Office tribunal to invalidate a chip patent initially owned by Intel Corp. Daedalus Prime LLC acquired US Patent No. 8,984,228, titled “Providing Common Caching Agent For Core And Integrated Input…...
Cambridge Analytica Still Haunts Meta in Court: California Brief
3+ day, 23+ hour ago (109+ words) Bloomberg Law News Cambridge Analytica Isn’t Over for Meta Meta is facing the first state trial over the Cambridge Analytica scandal, with New Mexico accusing Facebook of misleading users for years about how it handled personal data and enforced its…...
Nvidia’s Huang Touts Cybersecurity as Next Big Market for AI
3+ day, 20+ hour ago (104+ words) Bloomberg Law News Cybersecurity is the next big market for artificial intelligence, with advances in the technology set to disrupt an industry geared to defending computer systems, said Nvidia Corp. co-founder and Chief Executive Officer Jensen Huang. “Cybersecurity will likely…...
Roblox Says It’s ‘Not a Police State’ in Defending Safety Suit
3+ day, 18+ hour ago (108+ words) Roblox Says It’s ‘Not a Police State’ as Defends Safety Suit Bloomberg Law News Roblox Corp. is touting its efforts to balance user privacy and safety, in response to shareholders blaming its senior leaders for exposing the gaming giant to…...
Big Law First-Year Hiring Set to Plunge as History, AI Collide
4+ day, 8+ hour ago (797+ words) The country’s largest law firms last year hired fewer law school graduates for the first time since 2011, which could set the stage for a deeper plunge in hiring this year and next. That is the conclusion suggested by historical trends…...
Case: Copyrights/Summary Judgment (S.D. Fla.)
3+ day, 23+ hour ago (87+ words) news.bloomberglaw.com A federal district court in Florida granted RedOak Communications Inc.'s motion for partial summary judgment on its action against an individual for copyright infringement relating to the film “Just Before Dawn a/k/a The Last…...