With European Union’s Carbon Border Adjustment Mechanism (CBAM) transitioning from reporting-only to full implementation in January 2026, making adjustments for global trade, compliance obligations and corporate strategy have become important for relevant companies.
Giant technology company Apple is being sued by the authors due to its illegal usage of their copyrighted books in training of its artificial intelligence systems. Recently the battle over the protection of intellectual property in the AI area has been more common.
Digital Operational Resilience Act (DORA) is a regulation put in place by the European Union to reinforce the cybersecurity of financial organizations.
We are proud to announce the successful completion of the Competition Authority approval process, which allowed Moka United Payment Services and Electronic Money Inc., one of Turkey’s largest domestic payment services and electronic money companies, to acquire some of the shares in Turan Teknoloji Inc., ranked among Turkey’s top 50 startups by Forbes Turkey.
Eminem’s music publisher, Eight Mile Style, has settled a $30 million lawsuit against Spotify, accusing the streaming giant of significant copyright infringement. The lawsuit, which gained attention earlier this year, alleged that Spotify had streamed Eminem’s music, including the hit track “Lose Yourself,” without obtaining the necessary licenses, resulting in substantial financial damages for the publisher.
Ryanair has lost its appeal against a ban in Italy on charging travelers to sit next to accompanying children under 12 or people with disabilities. The dispute between the airline and Italian authorities regarding the issue has been ongoing for a few years, with the dismissal now coming from Italy's top administrative court.
The Medicare Advantage program, through which private insurers like Humana provide Medicare benefits, pays insurers more for patients who are diagnosed with more severe health conditions.
In September 2020, Illumina, a leader in DNA sequencing technology, acquired Grail, a company specializing in early cancer detection. Illumina confirmed the acquisition in a press release on September 21, 2020.
Özgün Law advised shareholders of Alpar Metal, providing complete solutions starting with part design optimization until delivering high quality casting including coatings as well as small assembly groups, on its partial acquisition by Qinvest Portföy.
Özgün Law advised shareholders of Sardes Faktoring, founded by one of the top banking executives with more than 20 years of experience to bring innovative, boutique approach within a professional disciplinary framework to fast growing financial sector in Turkey, on its acquisition by Figo Para.
The European Union lawmakers have given a final approval to the world's first major regulatory framework aimed at governing AI, marking a pivotal moment for the tech industry. Garnering 523 votes in favor, against 46, with 49 abstentions, this legislative achievement underscores the EU's commitment to setting global standards in AI governance.
The authority fined Trento city council €50,000 for the deployment of two artificial intelligence-driven urban surveillance projects that violated data protection rules. After an in-depth investigation of the two projects, which were funded by EU, the authority found “multiple violations of privacy regulations” it said in a statement while recognizing the municipality acted in good faith.