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Technology
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February 27, 2026
AI-Focused Generate Biomedicines Prices $400M IPO
The CEO of Generate Biomedicines, a biotechnology firm using artificial intelligence to develop therapies for immunology and oncology, on Friday rang the Nasdaq opening bell as the company expects to raise $400 million for its initial public offering.
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February 27, 2026
Protest Of $513M Radar Testing Deal Misses Mark, GAO Says
An Alabama company seeking a U.S. Department of Defense radar testing services contract could not show its proposal was unfairly scored lower than another company that landed a deal worth up to $513 million, the U.S. Government Accountability Office has said.
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February 27, 2026
DraftKings Denied 7th Circ. Appeal In Sports Betting Ad Suit
An Illinois federal judge rejected DraftKings' bid to certify a question to the Seventh Circuit about whether a mobile app can be a "product" under Illinois product liability law, after he refused last year to dismiss most claims in a proposed class action claiming the company's advertisements fuel gambling addiction.
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February 27, 2026
Credit Bureaus Fight Bid To Add Plaintiffs, Claims To Suit
Medical providers and a collection agency in a proposed class action accusing Equifax, Experian and TransUnion of conspiring to exclude less than $500 in medical debt from consumer credit reports lack good cause to again amend their complaint, the credit reporting agencies told a federal court this week.
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February 27, 2026
Bitcoin ATM Scam Suit Will Go To Arbitration, Ind. Judge Rules
A retiree's proposed class action claiming that Bitcoin Depot Inc. facilitates fraud schemes that target the elderly belongs in arbitration, an Indiana federal judge has ruled after finding the retiree agreed to the company's terms, which include an arbitration clause, each time he used one of their ATMs.
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February 27, 2026
Post University IP Trial Wraps With $7.4B Damages Claim
The federal jury in a Hartford intellectual property trial could award more than $7.4 billion to Post University if it agrees that the company behind the Course Hero file sharing site is liable for nearly 300,000 violations of the Digital Millennium Copyright Act, the school's damages expert said Friday as the presentation of evidence came to a close.
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February 27, 2026
Trump Media Explores Truth Social Spin-Off After TAE Deal
Trump Media & Technology Group Corp. said Friday it is exploring a restructuring that would separate businesses, including its flagship social media platform, Truth Social, into a new publicly traded company.
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February 27, 2026
Fed. Circ. Cements Apple Loss In PTAB Patent Challenge
A split Federal Circuit on Friday rejected Apple's attempt to revive its challenge to some of the claims in a Smart Mobile wireless patent it was unable to kill at the Patent Trial and Appeal Board.
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February 27, 2026
With Practice's Launch, Jenner & Block Plants Flag In Space
Jenner & Block LLP has been working with space industry clients for years, representing heavy-hitters like General Dynamics and Aerojet Rocketdyne across multiple practice areas.
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February 27, 2026
Judge Axes Part Of AMD Processor Patent Suit
A Delaware federal judge has dismissed a large part of a patent suit brought against Advanced Micro Devices by a company claiming certain aspects of its semiconductors were infringing, but said there would be a chance to cure the case of defects.
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February 27, 2026
OpenAI Cracks Down On Fake Law Firms Using ChatGPT
ChatGPT owner OpenAI Inc. has banned a cluster of accounts for supposedly using its models to impersonate law firms in a recovery scam targeting fraud victims.
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February 27, 2026
Taxation With Representation: Linklaters, Wilson Sonsini
In this week's Taxation With Representation, French electric utility Engie acquires UK Power Networks, Gilead Sciences Inc. buys clinical-stage biotechnology company Arcellx Inc., and The Brink's Co. acquires NCR Atleos in a deal that unites two major companies in the ATM business.
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February 27, 2026
Wachtell Lipton Steers OpenAI On $110B Amazon-Led Funding
Wachtell Lipton-advised OpenAI said Friday that it has completed a $110 billion funding round that values the artificial intelligence platform and research company at $730 billion, with a $50 billion contribution from Amazon and $30 billion each from Nvidia and SoftBank.
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February 27, 2026
Amazon Ruling May Shift E-Commerce Litigation, Attys Say
The Washington State Supreme Court signaled a willingness to hold online platforms accountable for societal harm and took a progressive stance on mental health in a recent decision reinstating lawsuits against Amazon over the suicides of teens who died by ingesting sodium nitrite purchased on the platform, legal experts say.
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February 27, 2026
Meta Must Face Worker's Transgender Health Coverage Suit
Meta can't escape a transgender employee's lawsuit claiming the company's health plan unlawfully denied her coverage of gender-affirming surgeries, an Oregon federal judge ruled, rejecting the company's assertion that she hadn't adequately alleged the plan covered her desired procedures.
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February 27, 2026
Reed Smith Leads Climate Tech Biz In $850M US SPAC Deal
Renewable energy investor ThomasLloyd said Friday that it has agreed to merge with a special purpose acquisition company which will allow it to be listed on the Nasdaq stock market at a valuation of $850 million.
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February 26, 2026
Self-Driving Truck Startup Raises $113M Before SPAC Merger
Swedish self-driving truck company Einride said Thursday that it has secured roughly $113 million in capital via a private investment in public equity, or PIPE, financing round ahead of its planned $1.8 billion merger with a special purpose acquisition company.
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February 26, 2026
Binance Loses Bid To Arbitrate Proposed Securities Action
A New York federal judge on Thursday rejected Binance's request to force customers to arbitrate their proposed class action accusing the crypto exchange of improperly selling securities, ruling that customers weren't adequately notified of an arbitration clause added to its terms of use.
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February 26, 2026
X Corp. Beats OnlyFans Creator's Revenge Porn Suit
A Texas federal judge has tossed an OnlyFans creator's proposed class action that sought to hold X Corp. liable under a revenge porn statute after someone shared his photos on the social media platform, saying the creator's images had not been "produced" by fraud or misrepresentation as required for damages.
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February 26, 2026
Social Media Plaintiff 'Wanted To Be On It All The Time' As Kid
The plaintiff in a landmark bellwether trial over claims Instagram and YouTube harms children's mental health testified Thursday she started obsessively using the platforms as a small child, and that her obsession with them contributed to or worsened her anxiety, depression and body dysmorphia.
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February 26, 2026
H-1B $100K Fee Fight Is On, But Tariff Ruling's Effect Is Unclear
A California federal judge on Thursday denied the Trump administration's request to pause a suit by employers challenging President Donald Trump's $100,000 H-1B visa fee, but he held off on deciding the employers' preliminary injunction request and ordered the parties to brief whether the U.S. Supreme Court's recent ruling on tariffs affects the case.
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February 26, 2026
Proxy Preview Report Says Cos. Cautious With Exclusions
More than 70% of shareholder proposals for annual corporate meetings among Russell 3000 companies this year have proceeded to a vote, according to a new proxy season preview report, indicating early filing companies may be taking a cautious approach toward exclusions in light of regulatory shifts giving them more leeway.
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February 26, 2026
'Lifetimes Wasted' From Scrolling Tech, Meta's NM Jury Hears
A tech design guru who said he was an inventor of infinite scroll told a jury in the New Mexico attorney general's social media mental health trial against Meta that he's seen firsthand the power of interface design and the way inventions like his can be wielded for good or for ill.
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February 26, 2026
Netflix Drops WBD Bid, Paving Way For Paramount Deal
Netflix Inc. ditched its effort to buy Warner Bros. Discovery on Thursday after WBD announced that it determined a competing bid from Paramount Skydance is the "superior proposal."
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February 26, 2026
Doximity Investors' $31M Deal Over User Slowdown OK'd
Investors of medical professional networking platform Doximity Inc. scored preliminary approval of a $31 million class settlement in California federal court Wednesday, two years after suing Doximity for allegedly misleading them about the number of U.S. physicians who are active members and hiding unfavorable engagement metrics.
Expert Analysis
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Opinion
AI-Assisted Arbitration Needs Safeguards To Ensure Fairness
As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.
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Paramount-WBD Deal Would Widen Net For Antitrust Scrutiny
The fresh likelihood of a merger between Paramount and Warner Bros. Discovery raises the prospect of added intervention from the U.S. Department of Justice due to the companies' overlaps in key markets, and may signal expanded DOJ scrutiny of potential anticompetitive effects on supply chains, says Shubha Ghosh at the Syracuse University College of Law.
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What Recent Dataset Suits Signal For AI Training Litigation
Plaintiffs are moving away from abstract debates about artificial intelligence at large and toward dataset provenance, and three filings illustrate how provenance is pled using public dataset documentation, archives and discovery‑ready allegations about copying, retention and downstream handling, says Yulia Leshchenko at Name & Fame.
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Bid Protest Spotlight: Timeliness Is Of The Essence
Three January decisions from the U.S. Government Accountability Office, illustrating that timeliness failures arise in different ways but always result in dismissal, show it is essential that contractors understand which events trigger the filing clock, calendar their deadlines immediately and file protests early, says Markus Speidel at MoFo.
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Series
Playing Piano Makes Me A Better Lawyer
Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.
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AI Trade Secret Conviction Highlights Espionage Risks
A California federal court's conviction last month of an ex-Google engineer who stole artificial intelligence trade secrets for the benefit of China is the latest in a series of foreign economic espionage cases and illustrates the urgent need for U.S. companies to implement robust security measures, says attorney Peter Toren.
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NY RAISE Act Raises The Bar For Frontier AI Developers
For organizations developing or substantially modifying highly capable artificial intelligence models, the New York Responsible AI Safety and Education Act represents a meaningful escalation beyond California's S.B. 53, even though it applies to a narrower group of developers, so companies should expect additional obligations, particularly around accelerated incident reporting, say attorneys at Kilpatrick.
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3 Cases Highlight SEC Distinction Between Exec, Co. Liability
Three recent enforcement actions against Spero Therapeutics, Lottery.com and Archer-Daniels-Midland demonstrate that while public companies are subject to liability for misrepresentations, the U.S. Securities and Exchange Commission is focused on individual liability when disclosure violations involve so-called half-truths, say attorneys at Cooley.
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AI-Generated Doc Ruling Guides Attys On Privilege Risks
A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.
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How To Turn EU AI Act Disclosures Into Patent Assets
As the Aug. 2 deadline approaches to comply with provisions of the EU Artificial Intelligence Act governing high-risk AI systems, intellectual property and AI leaders should consider steps to leverage documentation requirements to surface patentable subject matter, reinforce inventive-step narratives and align regulatory timelines with patent filing strategy, say Lestin Kenton, Roozbeh Gorgin and Ananth Josyula at Sterne Kessler.
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6 Things Bankers Need To Know About AI-Powered M&A
Artificial intelligence is now ingrained in banking mergers and acquisitions, and bankers should learn the key elements of the technology's competency and limits, such as that AI-enhanced reviews do not replace compliance, despite their speed and depth, say attorneys at Spencer Fane.
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The Law Firm Merger Diaries: Leadership Strategy After Day 1
For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.
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How US Liability Law Is Becoming The Primary Regulator Of AI
Comprehensive federal AI regulation remains fragmented and uncertain — but U.S. courts, applying long-standing doctrines of liability and responsibility, are actively shaping how AI systems are designed, deployed and governed, and companies are aligning their AI practices because courts may hold them accountable if they do not, says Alexander Lima at Wesco International.
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Perspectives
DC Circ. Gag Order Rulings Reveal A Digital Privacy Paradox
A pair of rulings from the D.C. Circuit reveal a growing dilemma in digital privacy jurisprudence for investigative targets, technology companies and transparency advocates — even when courts set the bar higher for broad nondisclosure requests, the public may never be allowed to learn why orders get approved, say attorneys at RJO.
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Fed. Circ. In Jan.: On The Validity Of Expert Testimony
The Federal Circuit's recent decision in Barry v. DePuy, addressing whether expert testimony is admissible even if it does not strictly adhere to the court's claim construction, suggests that exclusion via a Daubert motion is appropriate only when the line to improper testimony is clearly crossed, say attorneys at Knobbe Martens.