AI Trends For 2022 - The IRS will use increased budget resources to achieve a main objective
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MoFo Tech brings together legal insights and in-depth analyses on trends and complex issues shaping the global technology industry, covering fields such as blockchain and distributed ledger, cloud and SaaS technologies, driverless cars, drones, FinTech, computer hardware and software, the IoT, semiconductors, and telecommunications.
- The IRS plans to audit the wealthiest corporate, partnership, and individual taxpayers to achieve some of its main objectives in 2022. In his recent testimony before Congress , IRS Commissioner Charles P. Rettig identified the allocation of additional resources to enhance the IRS’s data... ›
AI Trends For 2022 - FDA Regulatory
FDA is actively monitoring the use of AI and machine learning (ML) software in medical devices and clinical developments, and has taken a number of first steps in building out a regulatory framework. In 2021, FDA published the AI and Machine Learning Software as... ›MergerMarket Dealcast Presents: Trends in Tech M&A
By: Eric T. McCrath
In the first of a four-part podcast series on tech M&A in partnership with MergerMarket, Corporate Department Co-Chair Eric McCrath sat down with host Julie-Anna Needham to discuss cross-border M&A, accelerated digitalization due to COVID-19, and trends in U.S. acquisitions into Europe. Listen to... ›Above Board Podcast: 2021 Cyber Events Shaping the Horizon
By: Brandon L. Van Grack
In this episode of MoFo’s Above Board podcast, host, co-chair of MoFo’s Corporate Finance | Capital Markets practice, and former Chief Counsel of the SEC’s Division of Corporation Finance Dave Lynn speaks with Alex Iftimie, co-chair of MoFo’s Global Risk and Crisis Management group,... ›AI as a Patent Inventor – an Update from South Africa and Australia
By: Alistair Maughan, Georgia Wright and Anna Yuan
Although the European, U.S., and UK Patent Offices have denied patent applications on the grounds that an AI system cannot be listed as an inventor, not every country seems to be following that approach and some may be set to buck the trend. Last... ›Green Light for UPC
By: Wolfgang Schönig
UPC – And it got up again Having been sent down for the count by constitutional complaints in Germany, the road finally seems paved for the Unified Patent Court. On July 9, 2021, the German Federal Constitutional Court (GFCC) announced that it had dismissed... ›Recent Developments Regarding Patent Injunctions in Germany
By: Wolfgang Schönig and Robert Grohmann
The German patent system has repeatedly proven to provide reliable and effective means to enforce patent rights against infringers. There are three key reasons why the German patent system is so attractive for patentees when seeking to enforce their rights in Europe: Injunction gap:... ›Draft EU Regulation for Artificial Intelligence Proposes Fines of up to 6% of Total Annual Turnover
By: Christiane Stuetzle and Patricia C. Ernst
After the presentation of a general “European Approach to Artificial Intelligence” by the EU Commission in March 2021, a detailed draft regulation aimed at safeguarding fundamental EU rights and user safety was published today (“Draft Regulation”). The Draft Regulation’s main provisions are the following:... ›The Collision of AI’s Machine Learning and Manipulation: Deepfake Litigation Risks to Companies from a Product Liability, Privacy, and Cyber Standpoint
By: Michael Burshteyn and Erin M. Bosman
AI and machine-learning advances have made it possible to produce fake videos and photos that seem real, commonly known as “deepfakes.” Deepfake content is exploding in popularity. In this article, we explore deepfake technology and the legal risks it presents to companies while providing practical... ›Privacy Litigation 2020 Year in Review
By: Tiffany Cheung and Purvi G. Patel
2020: the year that will be remembered for privacy litigation. Well, OK, maybe not. But there were many developments in privacy litigation. In this four-part series, Privacy Litigation 2020 Year in Review , we will cover the key litigation developments arising out of data... ›