News

Microsoft Wins FTC Fight to Purchase Activision Blizzard - A California judge is allowing Microsoft to close its acquisition of Activision Blizzard after five days of testimony and denying the injunction brought by the regulator. 

BigLaw Joins Threads in Droves - Some notable AMLaw 200 firms like Latham & Watkins, DLA Piper and Skadden, have joined Threads, the new social media app by Meta, and the app only seems to be growing in popularity.  

Bank of America Hit with $250M Fine for Fees and Fake Accounts - BoA will reimburse customers $100M+ and pay $150M in fines for "double-dipping" on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent. 

AI Models + Cyber Threats - With the widespread adoption of AI models, cybersecurity is having somewhat of a heyday. AI can offer a potentially effective countermeasure to current cyber threats like identity theft, recognized trends and risks all with machine learning techniques. 

Four-Day In-Office Work Week Gains Traction - New York-based law firms have been adopting the four-day in-office week for their employees; Weil, Gotshal & Manges is the latest to impose the requirements on its attorneys.    

Milestones Raises $2.1M Seed Round - The funding round was led by Y Combinator, Ludlow Ventures and Soma Capital. The case management software company has rebranded to Hona; the news follows Thomson Reuters acquisition of Casetext announced last week.

Senators Call for SCOTUS Ethics Code - After recent news that some of the justices have been acquiring income via questionable means outside of their court duties, the Senate Judiciary Committee called for them to adopt an ethics code like other branches of government. 

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