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Latest News in Corporate
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June 12, 2026
A former California investment executive told a Manhattan federal judge Friday that he lied to the U.S. Securities and Exchange Commission, copping to a lesser count of obstruction after prosecutors initially charged him with a $600 million "cherry-picking" fraud.
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June 11, 2026
Meta Platforms Inc. can't toss a porn studio's copyright infringement suit accusing the social media giant of downloading the studio's films to train generative artificial intelligence models, a California federal judge ruled Thursday, saying the studio's allegations suffice to infer a "coordinated effort" by Meta to gather data.
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June 11, 2026
A Canadian mother on Thursday sued ChatGPT maker OpenAI over her daughter's suicide in California state court, adding to mounting litigation accusing the artificial intelligence tool of encouraging or aiding users in self-harm and suicide.
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June 11, 2026
The Alliance for Automotive Innovation has urged a Washington federal court to invalidate a pair of state business licensing rules, including one that expanded the definition of "soliciting," saying the regulations are unconstitutional and beyond the authority of the state's licensing department.
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June 11, 2026
The Computer & Communications Industry Association on Thursday asked the U.S. Supreme Court to vacate a recent Fifth Circuit ruling permitting Texas to move forward with a law requiring app store owners to verify users' ages, arguing the law is unconstitutional and overly burdensome for its members.
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