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...The new owner was originally cloaked by his limited liability company, but Son was revealed to be the buyer a few months after the purchase by the Los Angeles Times....
...It is currently the world’s most valuable company. There are signs that Google is ready for a more concerted response....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...“Advertisers for the sake of reputations and legal liability need to demand a heck of a lot more transparency than what they’re getting,” she added....
...Breaches of those provisions, however, are typically capped at a small dollar amount and any liability is typically directed at the company itself....
...The new owner’s identity was initially cloaked by his limited liability company. The Los Angeles Times revealed a few months after the purchase that Son was the buyer....
...There was no immediate response from Russia’s defence ministry. The Kremlin had “no information” about it, said Dmitry Peskov, spokesperson for President Vladimir Putin, on Monday....
...Rick Stollmeyer built a software company from his California garage and realised a dream when he took it public in 2015 at a valuation approaching $1bn....
...In a blog post, the company also said the law “creates uncertainty for our products and exposes us to uncapped financial liability simply for facilitating Canadians’ access to news from Canadian publishers...
...a stately but cramped courtroom to make their case to Sam Glasscock, a longtime vice-chancellor of the Delaware Court of Chancery....
...[The company has] potential massive liability, immediate adverse PR, assuming that you have to declare it . . . regulatory scrutiny, a potentially falling share price, the need for immediate legal action...
...One thing to start: The head of Lazard in Sweden has been charged with aggravated bribery linked to a takeover of a Swiss company by engineering group Atlas Copco....
...“I don’t see . . . guards being replaced by robots” in the immediate future, said chief executive Stephan Crétier. Despite this uncertainty, the technology continues to evolve....
...If companies have their way, more are coming. Waymo, owned by Google’s parent company Alphabet, and General Motors’ Cruise both want to offer 24-hour taxi services. For now, permissions are limited....
...Both are run by experienced managers and are a good way to get technology exposure within a portfolio....
...A string of tech companies, including Microsoft, Meta and Reddit, have filed briefs defending Google’s position....
...Volatility has been exacerbated by the reduction in the big banks’ market making capability, ironically a result of the regulatory response to the financial crisis....
...colony organism that is a limited liability corporation....
...In response to the technology, MEPs proposed a raft of amendments to add to the legislation applying to so-called foundation models, the underlying technology behind generative AI products....
...Among the tools it makes sense to consider — especially for mature technologies, big companies, or AI instances that gain rapid take-up by users — is compulsory licensing (at regulated prices) and a requirement...
...“Instead, we should focus on the very real and very present exploitative practices of the companies claiming to build them,” they wrote in response to the FLI’s letter....
...As a deal adviser, Handler specialised in working with technology hardware companies at Bear Stearns and later UBS....
...In fact, she thinks that all the focus and spending of the big tech companies on existential risk are a big distraction from more immediate problems....
...closed technology built by a small group of mostly US participants....
...And a more immediate concern is the tight labour market....
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