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State laws governing debt collection lawsuits vary widely and most still offer little protection to consumers

Credit: https://lawatlas.org/datasets/debt-collection-litigation-laws While most states have laws that specifically govern debt collection lawsuits, the laws vary widely and few offer protections for consumers, according to new data released today by the Center for Public Health Law Research at Temple University Beasley School of Law. In addition to

Two OpenAI book lawsuits partially dismissed by California court | Books

Two copyright infringement lawsuits brought forward by authors against artificial intelligence company OpenAI have been partially dismissed in court.The cases, led by comedian Sarah Silverman and novelist Paul Tremblay, alleged that OpenAI unlawfully used their books to train the large language model underlying artificial intelligence tool ChatGPT, which produces human-like text in response to prompts.On Monday, a federal judge in California granted the bulk of OpenAI’s motion to dismiss many of the writers’…

The Puzzling Testimony of Craig Wright, Self-Styled Inventor of Bitcoin

Among various acts of alleged forgery, Hough charged that Wright backdated documents to make them seem like precursors to the original 2008 Bitcoin white paper; manipulated email communications in support of his claim to be Nakamoto; inserted material post-factum into his academic papers to imply he conceived of Bitcoin long before its release; and used ChatGPT to help create additional forgeries after experts cast doubt over existing materials. The specific discrepancies identified by Hough included anachronistic use of…

Tesla board silent since court revoked Elon Musk’s $56 billion pay package

Elon Musk, CEO of Tesla and X, speaks at the Atreju political convention organized by Fratelli d'Italia (Brothers of Italy), in Rome, Dec. 15, 2023.Antonio Masiello | Getty ImagesTwo weeks after a Delaware court ruled that Tesla must rescind Elon Musk's $56 billion pay package, the company's board remains mum on what the decision means for shareholders or what's next for the mercurial CEO.In her 200-page opinion on Jan. 30, Chancellor Kathaleen McCormick called the pay plan the largest in public corporate history, and…

Public utilities fall short on wildfire risk mitigation

Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center of the infernos.It's a story increasingly familiar in the energy industry: Some utility companies don't properly assess the risks wildfires pose to their operations. A failure to mitigate these risks can have disastrous consequences for both fire victims and utility investors.Through interviews with experts and a review of public records, CNBC found evidence of safety shortcomings in the utility…

Kroger, Albertsons keep up drumbeat for merger as opponents push back

Nearly 16 months after announcing a $24.6 billion merger, grocery chains Kroger and Albertsons continue to sell their plan to federal and state regulators, workers and customers. Union members are pushing back against the transaction with the public and policymakers. And analysts don’t see the merger as a done deal. A consultant with the financial services company Solomon Partners told reporters during a call last week that the merger between Kroger, which owns and operates King Soopers and City Market stores in Colorado,…

The Trial Over Bitcoin’s True Creator Is in Session

For eight years, Craig Wright has claimed to be the elusive Bitcoin creator Satoshi Nakamoto. On Monday, in the swelling heat of a UK courtroom, a trial began that will finally settle the question.Wright, flanked by his legal team, appeared relaxed during opening arguments, leaning back in his chair with one leg crossed over the other. That calm belied both the stakes of the trial, which has major ramifications for the future of bitcoin, and the forceful rhetoric of the plaintiff’s lawyer Jonathan Hough, who called…

23andMe in danger of being delisted from Nasdaq as lawsuits mount

Once considered the hottest startup in Silicon Valley, 23andMe’s fall from grace has been swift and brutal. The genetic testing company, which was valued at $6 billion just a few years ago, is now facing both a possible delisting from Nasdaq and dozens class action lawsuits.It’s all part of the continuing fallout of the hacking of the company last year. The company has since admitted it failed to detect the data breach for more than five months, giving the bad actors the chance to steal the ancestry data of some 6.9…

New York sues Citibank for alleged failure to reimburse fraud victims

A Citibank branch in the central business district of Singapore on Feb. 12, 2018.Ore Huiying | Bloomberg | Getty ImagesNew York Attorney General Letitia James on Tuesday sued Citibank for allegedly failing to protect and reimburse victims of electronic fraud.The suit claims that Citi does not have strong protections in place to prevent unauthorized account takeovers, misleads victims of fraud and illegally denies reimbursements, according to a release. The attorney general's office said the alleged failure on Citi's part…