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☆ As diversity, equity and inclusion comes under legal attack, companies quietly alter their programs
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +8 min

But others have targeted decades-old diversity programs that anti-affirmative action advocates have long tried to dismantle. said Danner-Okotie, who received $10,000 from a separate Fearless Fund grant. The Fearless Fund, Danner-Okotie said, grasped her mission of designing clothes for American women looking to celebrate their African heritage. The outcome of the case could be a bellwether for similar diversity programs. But some have made changes to diversity programs to try to protect them from legal scrutiny.

Persons: Sophia Danner, Okotie's, Fearless, Claudine Gay, Harvard Universitys, Erin Clark, Christopher Rufo, Harvard's, Rufo, George Floyd's, Danner, Okotie, Edward Blum, Morrison Foerster, Perkins Coie, Reagan, Dan Lennington, Lennington Organizations: Harvard, Harvard University, Boston Globe, Twitter, Black, Latina, American Alliance for Equal Rights, Disney, Pfizer, Comcast, Wisconsin Institute for Law & Liberty, Wisconsin Institute, U.S . Department, Business Enterprise Locations: America, Atlanta, India, Nigeria

☆ Non-tech companies are seeking AI talent and offering six-figure salaries. Here's who's hiring — including one role that pays up to $300,000.
▼ + stars: | 2023-09-26 | by ( Sindhu Sundar | Aaron Mok | ) www.businessinsider.com time to read: +4 min

"The demand for professionals with knowledge in AI research, machine learning, deep learning — it truly outpaces the available supply of candidates," Sines said. A machine learning researcher role at the trading firm Jane Street indicated a salary range of $250,000 to $300,000, for example. And Disney is looking to hire a senior machine learning engineer with expertise in machine learning, algorithms, and statistical methods; the entertainment giant is offering an annual salary of $145,400 to $199,870. AdvertisementAdvertisementIn May, HR firm Scratch posted a job listing for a remote senior machine-learning engineer for a client. The position — which had a listed salary range of $120,000 to $185,000 — required "familiarity with current AI tools" such as ChatGPT.

Persons: Morrison Foerster, —, Aaron Sines, Sines, Jane Street, Alan Schnitzer, Oliver Scholars, Danielle Cox, Cox, Scratch Organizations: Walt Disney Company, Service, Austin, Travelers, Real

☆ Facebook-Giphy sale shows how fear of regulators is slowing M&A market
▼ + stars: | 2023-05-26 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Instagram chief Adam Mosseri touted Giphy's "amazing team" and "expressive" userbase, and stressed Giphy's user data was "not the motivation." The sale was forced by the U.K.'s antitrust regulator, which ruled Meta's acquisition posed a risk to the social media and advertising markets. Jonathan Kanter, who helms the Department of Justice's Antitrust Unit, and Lina Khan, the Federal Trade Commission's chair, have been given wide latitude by President Joe Biden to pursue potentially anticompetitive behavior. Prior to his DOJ posting, Kanter worked in private practice, advising directors and executives on potential deals and attendant regulatory pitfalls. Van Grack, the former chief of the DOJ's Foreign Agent Registration Act unit, noted regulatory scrutiny was increasing for years prior to the current administration.

☆ China 'police station' case shows U.S. ramping up use of foreign agent laws
▼ + stars: | 2023-04-28 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +5 min

The Justice Department last year charged at least 25 people with violating or conspiring to violate the law. That was the highest number since at least 2003, according to a Reuters review of Justice Department statements and court records. He added that his office uses the foreign agent statute and other tools to combat the trend. A RARELY TESTED STATUTEWhile once mainly used against traditional espionage, Section 951 cases brought in recent years have targeted "influence operations" and harassment of U.S.-based dissidents. After the acquittal, Justice Department official Jay Bratt told a conference the department would "continue to bring hard cases."

Kashtanova received a copyright in September, and declared on social media that it meant artists were entitled to legal protection for their AI art projects. Copyright Office suddenly reversed itself, and Kashtanova became the first person in the country to be stripped of legal protection for AI art. A spokesperson for the copyright office declined to comment. Copyright Office, petitioned the U.S. Supreme Court and has a patent case before the U.K. Supreme Court. REUTERS/Shannon Stapleton 1 2 3 4Meanwhile, many artists and companies that own creative content fiercely oppose granting copyrights to AI owners or users.

☆ Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions
▼ + stars: | 2022-12-19 | by ( Kane Wu | ) www.reuters.com time to read: +4 min

Deals are set to revive slowly as companies and funds watch out for easier macroeconomic conditions, they said. "This will provide a more stable backdrop for the return of a more robust M&A market," said Maliah. Deals in private equity, a major M&A driver, amounted to $139 billion as of Dec. 15, down 52% on all of 2021. "Banks' ability to write big-size checks is still much challenged," said Samson Lo, UBS's co-head of Asia-Pacific M&A. An improvement in Asian equity capital market volumes from three-year lows will also help M&A deals, dealmakers said.

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