Technology & Intellectual Property Update

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 […]

Iowa became the sixth state to pass a comprehensive data privacy law when Governor Reynolds signed an Act Relating to Consumer Data Protection into law on March 28, 2023.  Iowa’s law follows the blueprint of Colorado, Connecticut, Utah, and Virginia in broadly defining personal data and providing thresholds for businesses […]

Recent statements from Consumer Financial Protection Bureau (CFPB) director Rohit Chopra should serve as a potential warning to non-bank financial service providers that they are squarely in the CFPB’s cross-hairs following the high profile failures of SVB and Signature Bank last month. In statements to the Washington Post, Director Chopra […]

In a world where artificial intelligence (“AI”) technology is on the rise and chatbots like ChatGPT gain popularity, the intellectual property sector has been tasked with determining how to handle the work product of AI. In response to these technological developments, on March 16, 2023, the U.S. Copyright Office launched […]

The failures of Silicon Valley Bank and Signature Bank earlier this month can, in many ways, be chalked up to circumstances and mistakes unique to those two financial institutions. SVB’s balance sheet was over-reliant on bonds in the face of rising interest rates. When SVB sold those bonds at a […]