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Tag: Conflicts of Interest

Elon Musk Sparks xAI-Tesla Controversy

Quick Look Elon Musk’s new AI venture, xAI, poses potential conflicts with Tesla. Musk’s demand for 25% voting control in Tesla. Tesla’s strategic move into the Indian...

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Investment advisors accused of exaggerating AI capabilities

Two investment advisors have reached settlements with the US Securities and Exchange Commission for allegedly exaggerating their use of AI, which in both cases...

Towards a Brighter Future: Enhancing Reasoning and Natural Justice in Indian IP Litigation

Intellectual Property remains at the heart of promoting innovation across jurisdictions. Patent and Trademark litigation play a crucial role in safeguarding and enforcing IP...

Sam Altman Has Been Reinstated to OpenAI Board: Here’s Why

Sam Altman has returned to the OpenAI board of directors after an independent investigation into his chaotic sacking as company CEO and director last...

The pursuit of 100% objectivity in financial services

The pursuit of 100% objectivity in financial services is fraught with challenges. The complexity of the finance world often blurs the lines between transparency...

Synnax reimagines credit ratings for the DeFi world

The conflicts of interest in the business model of credit rating agencies (CRAs) were laid bare in the 2008 financial crisis. Investors and issuing sponsors...

European Parliament bans Amazon lobbyists

In a significant move towards transparency and accountability, the European Parliament has recently taken a bold step by banning lobbyists from Amazon. This decision...

S&C Under Fire: FTX’s Bankruptcy Legal Counsel Faces Lawsuit

The collapse of the digital asset exchange FTX has sparked a legal firestorm, with investors taking aim at Sullivan and Cromwell (S&C), the law...

Conflixis Raises $275K to Make Sure Conflicts of Interest are Minimized and Possibly Managed

Conflict of interests can not only leave organizations vulnerable to civil liability but also criminal prosecution in some instances.  The best approach to minimizing...

Prosecutors raise concerns over lawyers defending SBF, Mashinsky

U.S. prosecutors have requested a special hearing to delve into potential conflicts of interest involving lawyers representing two notable figures in the crypto world:...

ESMA Issues Warning on Investment Recommendations

The European Securities and Markets Authority (ESMA) and National Competent Authorities have issued a stern warning regarding the posting of investment recommendations on social media platforms....

Delaware Judge Squashes Elon’s $56 Billion Tesla Pay Package

News | Feb 5, 2024 Image by FreepikA Delaware judge has invalidated Elon Musk's $56 billion Tesla pay package, labeling it as "an unfathomable...

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