Friday’s News Roundup: Apple Employee Charged with Trade Secrets Theft, OpenAI CEO Testifies Before Congress, Taco Bell Contests Taco Tuesday Trademark

Date:

This week in Other Barks & Bites, U.S. Supreme Court ruled in favor of Sanofi in its patent dispute with Amgen, former Apple employee Weibao Wang was charged with stealing trade secrets related to autonomous vehicles, Open AI CEO, Sam Altman, asked Congress for regulation of the AI industry, and Taco Bell requested the United States Patent and Trademark Office to cancel two “Taco Tuesday” trademarks owned by smaller restaurants in New Jersey and Wyoming.

The CAFC also made rulings on other patent-related cases, including the University of California Regents’ two appeals against patent judgements, Teva Pharmaceuticals appeal of a $235 million ruling in a patent dispute, and Centripetal Network’s petition for a writ of mandamus to vacate all Patent and Trial Board (PTAB) decisions in an inter partes review (IPR).

In addition, Ed Sheeran won his second copyright lawsuit, the USPTO invited public comments on proposed trademark fee changes, and a U.S. chipmaker announced plans to invest $3.6 billion in Japan with assistance from the Japanese government. Lastly, banking executives were grilled during a Senate hearing.

U.S. chipmaker Micron Technology is planning to invest $3.6 billion in Japan which will take several years and is being carried out in sync with the Japanese government. The company is headed by its CEO Sanjay Mehrorta who called the investment another exciting move in order for Micron to expand their capabilities. Furthermore, the Japanese government is taking part as they are looking to compete with China in the chipmaking industry.

Sam Altman, the CEO of OpenAI testified before the Senate Subcommittee on Privacy, Technology, and the Law where he voiced his opinion on the regulation of artificial intelligence. He acknowledged the potential dangers of AI while emphasizing the potential opportunities it could hold. Altman also added that OpenAI has been in discussion with the U.S. Copyright Office in order to protect important intellectual property rights with the use of artificial Intelligence and the economic model it may entail.

See also  Why OpenAI's CEO Has No Interest in Making the AI Startup Public

Overall, this week saw many important decisions take place and will sure put the limelight onto the relevant individuals and organizations.

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tech Evolution: From Obama’s Optimism to Harris’s Vision

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report

Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.

The Future of Good Jobs: Why College Degrees are Essential through 2031

Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.