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Tag: legal fees

Google Settles Lawsuit by Agreeing to Delete of Records

Google settles privacy lawsuit by committing to erase billions of data records, ensuring users’ browsing privacy is respected. Google agreed to delete the records in...

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Elon Musk Sues Sam Altman and OpenAI

Elon Musk sues OpenAI and Sam Altman claiming it has abandoned its original mission of developing open-source technology to benefit humanity. In a surprising move,...

SEC scrutinizes Terraform Labs’ US$166 mln legal retainer

The U.S. Securities and Exchange Commission (SEC) has challenged Terraform Labs’ massive legal retainer amid bankruptcy proceedings, alleging potential misuse of funds and conflict...

You’d better be ready to back up your AI chatbot’s promises

Opinion I keep hearing about businesses that want to fire their call center employees and front-line staffers as fast as possible and replace them...

Orgs Face Major SEC Penalties for Failing to Disclose Breaches

Companies and their CISOs could be facing anywhere from hundreds of thousands to millions of dollars in fines and other penalties from the US...

Tornado Cash developers to receive funding from new legal defense DAO

An activist group launched a legal defense fund for accused Tornado Cash developers Alexey Pertsev and Roman Storm on Jan. 22.Roman Storm endorsed the...

Independent Bank Group, Inc. Reports Fourth Quarter Financial Results and Declares Quarterly Dividend

MCKINNEY, Texas–(BUSINESS WIRE)–Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended...

OpenAI: Impossible to train top-tier AI and avoid copyright

OpenAI has said it would be "impossible" to build top-tier neural networks that meet today's needs without using people's copyrighted work. The Microsoft-backed lab,...

OpenAI: Impossible to train AI models and avoid copyright

Midjourney and OpenAI's DALL-E 3, two of the major AI services to turn text prompts into images, can recreate copyrighted scenes from films and...

Trump’s Ethereum Sell-off Amid NFT Challenges

Recent reports from Arkham, a prominent blockchain intelligence firm, have unveiled a significant move by former President Trump in the cryptocurrency market. Over...

Trump Dumps Millions in Ethereum After Disastrous NFT Redux – Decrypt

Donald Trump is dumping his bags. Weeks after attempting—with little success—to breathe life into his NFT trading card business for a third time, the former...

LawFi partners with Capital Q Ventures for its $1.5 million Pre-Seed Funding Round

JACKSONVILLE, Fla.–(BUSINESS WIRE)–LawFi, Inc., (“LawFi”) a pioneering Legal Fintech Lender and the Inventor of the “Legal Fee Loan” announced today its strategic capital partnership...

FTX Bankruptcy Legal Costs Hit $118.1 Million in Three Months

FTX, once a prominent figure in the cryptocurrency exchange market, has been embroiled in a costly bankruptcy case. Between August 1 and October 31,...

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