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Latest News in Corporate
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July 01, 2026
When a California man with bipolar disorder shared his intense delusions with ChatGPT, a lack of safeguards caused OpenAI's artificial intelligence chatbot to drive him deeper into those delusions and encourage him to attempt to take his own life, according to a lawsuit filed Wednesday in San Francisco.
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July 01, 2026
Alibaba Group Holding Ltd. and its U.S.-based payment processor AUS Merchant Services Inc. will avoid prosecution and pay $600 million to end the U.S. Department of Justice's allegations that they allowed merchants to sell and import illegal pharmaceuticals and controlled substances into the U.S., the DOJ announced Wednesday.
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July 01, 2026
A Microsoft Corp. shareholder has launched a derivative suit against the company's top brass, claiming they misled shareholders about the company's artificial intelligence business strategy and products, and caused it to violate copyright and intellectual property laws by "training its AI software on copyrighted works for which it did not possess lawful licenses."
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July 01, 2026
A California federal judge Wednesday partially granted Yelp Inc.'s request to lock in liability findings from the U.S. Department of Justice's landmark antitrust win over Google LLC for its own case against the company, thereby precluding Google from arguing it didn't monopolize the market for general search services.
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July 01, 2026
A plaintiff who alleges he became harmfully addicted to major social media platforms as a child and whose case is set to be the second bellwether trial later this month out of thousands of similar cases pending in Los Angeles court has reached a settlement in principle with TikTok, his counsel told Law360 on Wednesday.
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