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TikTok Joins Other Tech Companies in Hiring Slowdown - Like Amazon, Microsoft and Apple earlier this week, TikTok is set to implement internal reforms (including layoffs), scrapping its plans to hire thousands of people in the US. More here.
Russia Slaps Google with $373M Fine - The country's communications regulator said tech conglomerate failed to restrict access to 'prohibited' material about the war in Ukraine and other content. More here.
LawVu 2022 In-House Tech Report - New research conducted with ~500 in-house lawyers and legal operations professionals across the US and UK has some interesting findings; the most frequently used platforms for in-house legal teams (Trello, Jira, Asana, Servicenow, etc.) are not specifically designed for legal teams. Download the report here.
Intel's 12th Gen CPU Can't Handle the Bar Exam - Law students getting ready to sit for the Bar exam may run into some serious tech issues; the 12th generation CPUs (Intel's latest processors) aren't compatible with Examplify, the student interface software for computer-based testing. More here.
FBI Forced a Suspect to Unlock Wickr With Their Face - An undercover agent was infiltrating the encrypted Amazon app (which is also used by the U.S. government, journalists and activists for private communication), and obtained a previously unreported search warrant to open the app as part of the investigation. More here.
Legal Industry at 'Stalemate' Over Hybrid-Work - BigHand conducted a study across department leaders at 50+ lawyer firms. Nearly 50% of US respondents reported their firm has mandated the number of days they must work in office, and ~50% of them admit to not complying. More here.
'5 Things I Never Want to See On Your Resume' - An experienced recruiter who has placed candidates at companies like Google, Facebook, and Microsoft discusses what a good resume looks like. More here.
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The 90-year old Securities Act is being challenged by modern day social media influencers.
Budget cuts, expanding roles, and the quest for efficiency are some of the main areas of concern.
FTC proposed restrictions would ban Meta from profiting off the data collected from users who are under 18 years old.
The U.S. Supreme Court's review of Purdue Pharma's bankruptcy plan may redefine legal strategies in mass tort settlements.
A publication by DLA Piper - Many of the ICOs and SAFTs in 2017 were for the first amount of capital for the companies involved, and most of these companies did not have any traditional venture capital investors in their capital structure. We are seeing a new parallel trend, however, that is now emerging for startups with traditional venture capital funding: these companies are exploring how to “tokenize” their business to use blockchain technology and raise non-dilutive capital through a token generation event. These hybrid token offerings raise numerous questions for traditional investors.
Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
How to maximize value in corporate legal spending. A guide for in-house leaders.
Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
