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Crypto Insider Trading Case - Ishan Wahi, former product manager at Coinbase Global, Inc., has pled guilty to two counts of conspiracy to commit wire fraud in connection with a scheme to commit insider trading in crypto assets. More here.
Tech Giants Announce ChatGPT Rival Plans - Alphabet, Microsoft, and Meta are among several tech companies who are prioritizing plans to release their own AI chatbot to compete with ChatGPT, which is seeing wild success since it's launch two months ago. More here.
ABA Rejects Bid to End LSAT - The push to make the LSAT optional is still going, despite the rejection from the ABA this week. The measure could be enacted without approval from the ABA policymaking body. More here.
Digital Piracy is Still Big Deal in the Music Industry - USTR's "notorious markets' report states new methods such as "bulletproof" ISPs are facilitating infringement in the music industry. The contend that copyright theft is worse for film and TV content. More here.
Law School Adopts Name of Black Attorney - St. Thomas University School of Law rebranded as the Benjamin L. Crump College of Law this week, making the Miami-area law school the only one in the US named for a practicing, black lawyer. More here.
Judge Uses ChatGPT in Court Decision - Judge Juan Manuel Padilla Garcia - of the First Circuit Court of Cartagena, Colombia - has used ChatGPT to make a court ruling. This is the first time a legal decision has been made with the help of an AI text generator. More here.
State of the Union Address - President Biden noted he is working towards legislation on children's privacy and online safety during the State of the Union address this week, stating, "We must finally hold social media companies accountable for the experiment they are running on our children for profit." More here.
Zoom Cuts 15% of Workforce - After rapid growth during the pandemic, the company joins the rest of the tech world in announcing a round of layoffs; 15% or 1,300 employees will be let go. More here.
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The Recording Industry Association of America has filed lawsuits against AI startups Udio and Suno, alleging copyright infringement and raising pivotal questions about fair use in the era of generative AI.
Brad Newman, Associate Director of Practice Innovation Services at Cooley LLP writes an interesting take on GPT: "Unlike, say, the fever dreams caused by IBM's Watson (RIP ROSS Intelligence) or your lawyer's latest journey into the Metaverse, we may see real advancements in intellectual efficiency from legal applications powered by GPT tools, in particular those built on Open AI's GPT-3 series."
Silicon Valley legal tech giant cuts staff amid tech market slowdown.
Recent legal cases, including Scarlett Johansson's accusation against OpenAI and a class action lawsuit against LOVO, highlight the need for legal regulation in voice AI technology.
Generals Counsel discuss how best to approach managing and mentoring a diversified legal team in a large company.
Any background music you play while streaming on online platforms such as Twitch or Youtube is subject to copyright law. Often, online platforms implement audio recognition systems to automate the detection of copyright infringement.
The merger of A&O + Shearman & Sterling creates a global legal powerhouse with $3.5B in revenue. Meanwhile, Mayer Brown is reportedly scaling back its operations in Greater China.
As of April 30, 2013, the Customs and Border Protection (“CBP”) agency rolled out its new electronic I-94.