Bloomberg Law “Companies are bracing for a new era of enforcement as New York, the most active state regulator on cyber, rolls out its last set of security requirements Nov. 1. The final amendments to the New York State Department of Financial Services’ Cybersecurity Regulation require companies to implement authentication Read more
Bloomberg Law ” Rivian Automotive Inc. agreed to pay $250 million to settle an investor lawsuit, against the electric vehicle maker, saying it’s eager to put the legal wrangling behind it. The Irvine, California-based company issued a surprise statementlate Thursday saying it doesn’t admit fault or wrongdoing in the proposed settlement, which Read more
Bloomberg Law “Udio AI music-generation service was sued by independent music creators alleging the company used their works without permission to flood the market with AI-generated music in violation of their intellectual property rights. The proposed class action is similar to copyright-infringement suits filed by the major music labels against Unchartered Labs Inc., Read more
Bloomberg Law “Apple Inc. flouted copyright law when it used pirated materials and copies of e-books sold on its own books app to train its AI tool Apple Intelligence, a pair of State University of New York professors alleged in a federal lawsuit. Apple’s OpenELM model, one of several comprising Apple Read more
Bloomberg Law “The Federal Trade Commission is changing the game for artificial intelligence companies. On Sept. 11, the FTC issued orders to seven tech giants, probing the unique risks posed by AI chatbot companions—a subset of emotional AI, which measures, understands, simulates, and reacts to human emotions. The FTC’s inquiry directs Alphabet, Instagram, Meta, Read more