legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
January 12, 2024  |  Legal

The New York State Department of Financial Services (DFS) has announced that Genesis Global Trading will pay an $8 million penalty to the state and surrender its BitLicense.  These...

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Lawyers Who Use AI Will Replace Those Who Don’t
Lawyers Who Use AI Will Replace Those Who Don’t
January 12, 2024  |  Artificial Intelligence

In the generative artificial intelligence era, every industry will likely reap new efficiencies. Unlike previous iterations of AI, which focused on predictive or discriminative inference,...

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American Express Faces Class-Action Lawsuit on Rules for Merchants 
American Express Faces Class-Action Lawsuit on Rules for Merchants 
January 10, 2024  |  Legal

Debit card users in nearly a dozen states have been granted the ability to pursue class-action claims against American Express.  This follows a Tuesday (Jan. 9)...

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Google Faces AI Tech Patent Trial Brought by Singular Computing 
Google Faces AI Tech Patent Trial Brought by Singular Computing 
January 09, 2024  |  Google

Google is currently embroiled in a trial that began Tuesday (Jan. 9) in Boston, where it faces accusations of patent infringement related to the processors it...

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Biden Rule Would Turn More Gig Workers Into Full Employees
Biden Rule Would Turn More Gig Workers Into Full Employees
January 08, 2024  |  Gig Economy

The White House is reportedly preparing new guidelines that provide additional protections to gig workers. The updated Department of Labor rule could be handed down...

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Report: Big Techs’ AI Legal Protections Do Not Apply to Use of Third-Party Models
Report: Big Techs’ AI Legal Protections Do Not Apply to Use of Third-Party Models
January 08, 2024  |  Artificial Intelligence

The protections against artificial intelligence-related copyright lawsuits offered by cloud computing giants are somewhat limited. That’s according to an analysis published Monday (Jan. 8) by...

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ChatGPT Got ‘Lazier’ Before NYT Lawsuit: What It Means for Enterprise AI
ChatGPT Got ‘Lazier’ Before NYT Lawsuit: What It Means for Enterprise AI
January 05, 2024  |  Artificial Intelligence

There are two things to know about artificial intelligence. The first is that it can “learn” from structured datasets, and the second is it needs...

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This Week in AI: Connected Commerce, Keyboards and the Law
This Week in AI: Connected Commerce, Keyboards and the Law
January 05, 2024  |  Artificial Intelligence

2023 was generative artificial intelligence’s (AI) big launch party — and now we’re in 2024. The year is already shaping up to be one where businesses...

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Legal Tech Firm Robin AI Raises $26 Million 
Legal Tech Firm Robin AI Raises $26 Million 
January 03, 2024  |  Investments

Robin AI raised $26 million amid the legal profession’s continued embrace of artificial intelligence. The London and New York-based company announced the Series B funding...

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