Bloomberg Law “A trade group for major internet providers aims to stop a Colorado law it alleges will “force” several leading social media websites to stop minor users from accessing protected speech. NetChoice, which advocates for free expression and commerce online, filed suit Thursday, asking the court to declare that Read more
Bloomberg Law “Robinhood Markets Inc. shares fell after OpenAI advised caution to customers taking advantage of the brokerage’s offer for access to equity “tokens” for the closely held company led by Sam Altman. The artificial-intelligence firm said the tokens offered by Robinhood aren’t company equity, and that OpenAI neither collaborated on nor endorsed the Read more
Reuters “Microsoft (MSFT.O, opens new tab has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model. Kai Bird, Jia Tolentino, Daniel Okrent and several others alleged that Microsoft used pirated digital versions of their books Read more
Bloomberg Law ” Retirees lack the basis to sue their former employers under the Americans with Disabilities Act for unlawful denial of post-employment benefits after leaving their jobs, the US Supreme Court ruled. The high court upheld a US Court of Appeals for the Eleventh Circuit order that Karyn Stanley lacked standing to sue Read more
Bloomberg Law “A global standard-setting board said Thursday that 14 countries will definitely use its new environmental, social, and governance reporting rules, with 36 jurisdictions in total working toward using them. The International Sustainability Standards Board published profiles of 17 countries that will use, or partially use, its reporting rules. Read more
Bloomberg Law “Breach of contract and consumer protection claims against Chipotle Mexican Grill Inc., by a customer who was given insufficient change by the restaurant during the pandemic’s coin shortage, were revived Friday by the Third Circuit. Chipotle said that James Rice modified the contract when he accepted the food Read more
Bloomberg Law “The causation element under the False Claims Act is a matter of significant controversy being adjudicated in federal courts. The matter arises when claims are submitted for government reimbursement for items or services rendered or provided under federal health-care programs, in which a violation of the Anti-Kickback Statute is alleged. On Read more
Reuters “March 6 – Apple (AAPL.O, opens new tab convinced a New York federal court on Thursday to dismiss a copyright lawsuit brought by tech journalist Dan Ackerman, who accused the tech giant of ripping off his book about the landmark video game “Tetris” for a movie on the same subject. Read more
Bloomberg Law “The Financial Crimes Enforcement Network won’t issue fines to companies that miss the March 21 initial deadline to comply with the Corporate Transparency Act, it said in a news release. The act requiring 32 million US businesses to report information on their beneficial owners is poised to taked effect Read more
Bloomberg Law “US businesses preparing to disclose their beneficial ownership information to the government under its new March 21 deadline to enforce the Corporate Transparency Act could see the compliance date pushed back again. That deadline is when most businesses must file reports identifying who owns or controls their company, directly or Read more