Corporate news, financial markets, and economic trends
Apple today introduced “Apple Intelligence,” an AI suite that more deeply extends Siri’s ability and provides local device processing to better befriend other features with a greater, more personal privacy-friendly experience. This set “Apple Intelligence” to become the next AI suite capable of power running on any or all product lines using this latest, advanced…
Ripple CEO’s bank account closure, Russia’s new crypto law, and increasing institutional crypto adoption characterize a transformative week in the digital asset sector. Significant changes have occurred in the crypto world over the past week, including Russia’s new crypto law and banking issues for the CEO of Ripple. As governments and financial institutions struggle with…
JUVE Handbook 2024/2025 endorses corporate compliance, and resolution practices offered by offices of Gibson Dunn in Germany. Recognizing Gibson Dunn’s significant presence and influence in the German legal market, JUVE, Germany’s leading legal newspaper, recommended the firm’s German offices in its much awaited 2024/2025 annual guidebook. JUVE is well-known for its thorough grading procedure and…
Colorado is marking its Weatherization Day by opening federally sponsored programs to power up people’s homes. The programs, funded with money through the Inflation Reduction Act, will see Colorado citizens able to seek rebates for energy efficiency appliances and home improvements emphasizing the decrease of fossil fuel use for heating and cooking. This program provides…
The JUVE Handbook 2024/2025, a leading publication regarding the German legal landscape, has highlighted Gibson Dunn by placing it in the very best law firms in the country. Specifically, it praises the German offices for being particularly strong in the sensitive areas of Antitrust, Corporate Law, M&A (Mergers & Acquisitions), and Compliance, focusing on high-value…
The “Future Made in Australia” is an ambitious multibillion-dollar investment program by Australia to develop homegrown innovation, high-quality jobs, and to make the nation a global leader in renewable energy and advanced manufacturing. The government of Prime Minister Anthony Albanese is the lead entity for this initiative, and it focuses on economic resilience and sustainability…
Mexico recently voiced its concerns over a proposed U.S. ban on Chinese car technology, which might cause ripples in North America’s complex automotive supply chain. The ban is motivated by national security concerns that will ban key Chinese software and hardware in vehicles sold in the U.S., and it will affect not only Chinese automakers…
Recently, comments by Elon Musk on his immigration journey have shed new light on his rather complicated path toward U.S. citizenship.Born in South Africa, Musk relocated to Canada in 1988 thanks to his mother’s Canadian citizenship. In 1992, he came to the US to study at the University of Pennsylvania. Musk has criticized the U.S….
Elon Musk’s complicated history of immigration does raise significant questions about consistency and fairness in the US immigration system. Born in South Africa, Musk lived in Canada before immigrating to the United States and becoming one of the best-known tech entrepreneurs. The most controversial part of Musk’s past is that the immigration status during early…
Delta Air Lines is suing cybersecurity company CrowdStrike following the tech failure in July that resulted in thousands of canceled flights, reportedly to the tune of over half a billion dollars in revenue and operational costs for Delta. The glitch, said to have been caused by the defective software update from CrowdStrike, also affected Delta…
