Chinese billionaire Li Shufu is expanding carmaker Geely into Latin America through a partnership with Renault, underpinning the nation’s drive to build sales in friendly global markets as tariffs block growth in the US and Europe. Li, through his private investment holding firm Zhejiang Geely Holdings Group, signed a framework agreement with the French carmaker … Read more
Meta is looking to be the go-to marketplace for robo-tech, with the company planning to develop its own humanoid robot hardware and later become a lead developer of the robots’ AI-based backbone. The effort will be spearheaded by a new hardware division in Meta’s Reality Labs (Quest VR and Ray-Ban smart glasses), reported Bloomberg, and … Read more
Image by Ronile from Pixabay There is news from Germany on the EU liability concept for indirect infringers. The German Federal Supreme Court (Bundesgerichtshof – BGH) has ruled on the liability of online marketplaces for copyright infringement by their users when uploading copyright infringing photographs. This is the BGH judgment of 23 October 2024 – … Read more
BioNTech, the German developer of a widely used mRNA vaccine for the coronavirus, agreed to pay US$800 million (HK$6.24 billion) to buy biotech company Biotheus, a developer of cancer drugs. In a statement on Wednesday, Mainz-based BioNTech said it signed a definitive agreement to pay mostly cash for 100 per cent of Biotheus, which is … Read more
Eve Hill, a partner at Brown, Goldstein & Levy and a leading civil rights lawyer, provided critical analysis in a recent Law360 article by Max Kutner titled “Analysis: 5 Wage Priorities In The Democrats’ 2024 Platform.” The article described the Democratic Party’s plans to prioritize a federal minimum wage increase, establish a national paid leave … Read more
