Ownership

President-Elect Trump Confronts Contentious TikTok Sale Law Amid Debates Over Ownership and National Security

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WASHINGTON, D.C. — In the wake of the Supreme Court’s decision to uphold a contentious law requiring TikTok to sever ties with its Chinese parent company or face prohibition in the U.S., debates intensify over the ownership and control of the popular social media platform. Critics argue that the law unnecessarily complicates the tech landscape and could be seen as an aggressive maneuver that destabilizes the nuanced realm of international technology investments. TikTok, a social media giant known for its viral content and substantial user base, finds itself at the center of a legal storm … Read more

Supreme Court Upholds TikTok Ban Law Citing National Security, Sets Stage for Ownership Overhaul

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Washington — The U.S. Supreme Court on Friday upheld a new legislation that imposes strict requirements on TikTok, the popular social media platform owned by the Chinese company ByteDance. The law mandates TikTok to dissociate from ByteDance or face a ban in the United States, asserting that this stipulation does not infringe upon the First Amendment rights of TikTok or its users. The decision, which was unanimous and without a signed opinion, allows the law to come into force this Sunday at midnight. The ruling addresses longstanding worries during both the Trump and Biden administrations … Read more

University of Colorado Settles Lawsuit with Renowned Historian, Affirms Ownership of Her Scholarly Works

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BOULDER, Colo. – After a prolonged legal dispute, the University of Colorado has reached a settlement with Patty Limerick, a distinguished historian and longtime faculty member who was dismissed from her position at the Center for the American West last year. The agreement, mediated this week, acknowledged Limerick’s ownership over her extensive body of academic work, culminating her year-long battle for intellectual property rights. Limerick, who has been a significant figure at the Boulder campus since 1984, filed a lawsuit in Boulder County District Court in May. She contended that the university was unjustly restricting … Read more

Elon Musk Gains Fresh Allies in Escalating Legal Battle Over OpenAI Ownership Rights

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San Francisco, CA – In a significant development surrounding the high-profile lawsuit against OpenAI, entrepreneur Elon Musk has garnered additional backing from several tech and business luminaries. The lawsuit, initiated by Musk, accuses the artificial intelligence company of diverging from its original commitment to open-source ethos and mishandling proprietary technologies. Musk, the founder of Tesla and SpaceX, was also one of the co-founders of OpenAI before parting ways with the company. The disagreement centered around the direction OpenAI was taking, particularly its shift towards more closed systems in AI development. The lawsuit highlights concerns over … Read more