Tech & Telecom Law News

Clifford Chance Adds Partner Chang-Do Gong to US M&A Practice

Chang-Do Gong has joined Clifford Chance as a partner in the US mergers and acquisitions practice, the firm said Wednesday.

By Bloomberg Law Automation

Microsoft and Brookfield Sign Biggest-Ever Clean Power Deal

Microsoft Corp. and <-bsp-bb-link state="{"bbHref":"bbg://securities/BN%20CN%20Equity/FA","_id":"0000018f-3504-d4b6-a98f-f53533fc0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Brookfield Asset Management’s green energy arm signed the biggest corporate clean-energy purchase agreement ever announced, as the technology giant ramps up its investment in artificial intelligence.

UnitedHealth CEO Doesn’t Know Why Hacked Server Was Unprotected

UnitedHealth Group Inc. Chief Executive Officer <-bsp-person state="{"_id":"0000018f-34fe-d4b6-a98f-f5ffe0e10001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Andrew Witty told lawmakers the company is still trying to determine why its computer systems were left vulnerable to hackers who perpetrated a devastating cyberattack.

Foley & Lardner Adds M&A Partner Jeff Symons to New York Ranks

Jeff Symons has joined Foley & Lardner as an M&A partner in the transactions practice in New York, the firm said Wednesday.

Cloud Computing Startup CoreWeave Nears $8.6 Billion in Funding

<-bsp-bb-link state="{"bbHref":"bbg://securities/1906718D%20US%20Equity","_id":"0000018f-34a7-d4b6-a98f-f5b7e6b80000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">CoreWeave Inc., a cloud computing provider that’s among the hottest startups in the artificial intelligence race, is finalizing a roughly $1.1 billion preferred equity investment to help fund growth, according to people with knowledge of the matter.

Tesla Axes Supercharger Team in Blow to Broader EV Market

Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vast network of public charging stations that virtually every major automaker is in the process of tapping into in the US.

Microsoft Boosts Responsible AI Team From 350 to 400 Personnel

<-bsp-bb-link state="{"bbHref":"bbg://securities/MSFT%20US%20Equity/ANR","_id":"0000018f-346a-d4b6-a98f-f57fd5d40000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Microsoft Corp. expanded the team responsible for ensuring its artificial intelligence products are safe, boosting personnel from 350 to 400 last year.

Musk and Bezos Are Racing to Bring Americans Back to the Moon

The billionaires’ dueling space companies anchor NASA’s plan to bring astronauts to the moon for the first time in a half-century.

Tech VCs Go to DC for Summit on China Risks, Featuring Taiwan

The head of Palantir, the leader of <-bsp-bb-link state="{"bbHref":"bbg://securities/18308Z%20US%20Equity","_id":"0000018f-33e3-d4b6-a98f-f7f704a70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Sequoia Capital and VC <-bsp-person state="{"_id":"0000018f-33e3-d4b6-a98f-f7f704a70001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Vinod Khosla are among the Silicon Valley heavyweights traveling to Washington this week for a summit on the role of artificial intelligence and national security — an event that will include a private video address from the Taiwanese vice president-elect on the global risks posed by China.