Microsoft Agrees to Pay $3 Million to Settle Sanctions Violations with US Government On Thursday, the US government and Microsoft Corp (MSFT.O) agreed to the tech company's apparent violations of sanctions and export controls. Microsoft voluntarily disclosed the violations and has agreed to pay about $3 million to settle its potential civil liability for more than 1,300 apparent sanctions violations. These violations were related to restrictions on Cuba,...
GPT-3.5 in Legal Tech: Challenges and Considerations for Law Firms Recently, several legal tech companies have started using GPT-3.5, a powerful language model (LLM) similar to the AI behind ChatGPT, in their offerings. However, most law firms are unlikely to adopt this technology soon, as it requires advanced expertise and technical knowledge that they lack. Additionally, ethical and practical considerations may deter them from pursuing... (40 views)
Mass Layoffs Announced by Major Companies Amid Recession Fears Boeing confirmed that it plans to lay off around 2,000 workers in finance and human resources this year, as U.S. companies continue to implement job cuts amid recession fears. Other companies also announced layoffs in January 2023, including FedEx, Rivian Automotive, PayPal, HarperCollins, HubSpot, Philips, Hasbro, Dow, IBM, SAP, Groupon, Vacasa, 3M, and Gemini. The cuts... (6 views)