Technology & Intellectual Property Update

Over the past several weeks, the Federal Deposit Insurance Corporation (“FDIC”) has issued a spate of cease and desist letters targeted to fintech companies over what the FDIC believes are false and/or misleading statements and assertions as to the insured status or coverage of the fintechs’ products. The targeted companies […]

On May 18, 2023, the United States Supreme Court held that portraits of the late musician, Prince, by Andy Warhol did not constitute “fair use” under copyright law and instead infringed on the original copyrighted photograph taken by Lynn Goldsmith. The 7-2 decision in Andy Warhol Foundation for Visual Arts, […]

Artificial intelligence (“AI”) remains a developing field in intellectual property and recently, on April 24, 2023, the Supreme Court denied certiorari in the case brought by Dr. Stephen Thaler, Thaler v. Vidal. Dr. Thaler, a computer scientist who in his 2019 patent application, named his AI model Device for Autonomous […]

Indiana joined the growing ranks of states that have passed comprehensive data privacy laws and became the seventh state to pass a comprehensive data privacy upon signing by the governor on May 1.  Indiana’s law follows the blueprint of Colorado, Connecticut, Utah, Virginia, and Iowa in broadly defining personal data […]

On May 5, 2023, Joseph Sullivan, the former Chief Security Officer (CSO) for Uber Technologies, Inc. (“Uber”), was sentenced to 3 years of probation, a fine of $50,000, and 200 hours of community service.[1]  The sentence was for the actions of Sullivan in trying to cover-up a cyber-hack of Uber […]