Synovial joint

The legal rule that means even Hugh Grant can’t afford to take his case to trial

Retrieved on: 
Thursday, April 18, 2024

As actor Hugh Grant’s decision to settle his privacy claim against News Group Newspapers (NGN) shows, sometimes principles just cost too much.

Key Points: 
  • As actor Hugh Grant’s decision to settle his privacy claim against News Group Newspapers (NGN) shows, sometimes principles just cost too much.
  • Grant announced he had reluctantly accepted an “enormous sum of money” to settle his claim against the Murdoch-owned NGN, the publisher of The Sun.
  • He has accused the publisher of “phone hacking, unlawful information gathering” and “landline tapping” among other allegations, which they have denied.
  • If he took the case to trial, he risked being ordered to pay NGN’s legal costs, which his lawyers advised could exceed £10 million.

What is a trial worth?

  • They avoid the costs, stress and delay of a trial, and the court service is better able to cope with the high volume of other cases in the system.
  • It is clear from Grant’s statements that his motivation was to hold NGN to account for unlawful information gathering.

Holding companies to account

  • There is arguably a balance to be struck between the individualistic view of this case as just an issue between one person and a media company, and the wider public interest angle: that it should be possible to use the court system to hold big companies to account.
  • There has always been an element of bigger companies using their deep pockets in litigation, but this rule adds another layer of protection for those that can afford to make a generous offer.


Megan Shirley does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

PETVIVO HOLDINGS, INC. TO EXHIBIT AT THE IVAPM PAIN MANAGEMENT FORUM IN INDIANAPOLIS, INDIANA

Retrieved on: 
Monday, April 8, 2024

PetVivo intends to exhibit its lead product, SPRYNG™ with OsteoCushion™ Technology.

Key Points: 
  • PetVivo intends to exhibit its lead product, SPRYNG™ with OsteoCushion™ Technology.
  • Spryng is an intra-articular injectable veterinary medical device composed of sterilized, extra-cellular matrix microparticles.
  • Such action promotes the restoration of proper joint mechanics, thereby aiding in the management of noninfectious sources of joint pain such as joint instability, degenerative joint disease and osteoarthritis.
  • For more information about PetVivo Holdings, Inc. please contact [email protected] or visit https://petvivo.com/
    Pain Management Forum Exhibit Details:
    Location: The JW Marriott in Indianapolis, Indiana
    Presentation Title: How do we Elevate Our Strategy for Managing Osteoarthritis in Pets?

Current and Former Public Company Directors Send Letter to Disney Board In Support of Nelson Peltz and Trian

Retrieved on: 
Thursday, March 21, 2024

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Current and former public company directors who have worked with Nelson Peltz and Trian today sent a letter to The Walt Disney Company (NYSE: DIS) Board of Directors detailing their positive experiences working with Trian.

Key Points: 
  • NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Current and former public company directors who have worked with Nelson Peltz and Trian today sent a letter to The Walt Disney Company (NYSE: DIS) Board of Directors detailing their positive experiences working with Trian.
  • The letter details Trian and Nelson Peltz’s demonstrated ability to work collaboratively and constructively with board members and management teams to drive long-term shareholder value, and its signatories include former directors at H.J.
  • The companies for which we served as board members alongside Nelson were improved because of his presence on the board.
  • Others of us asked Nelson to join our boards, and still others of us joined a board after Nelson was already on the board.

New Research from Elastic Finds Conversational Search Could Yield Staggering Productivity Returns

Retrieved on: 
Tuesday, March 26, 2024

However, early adoption continues to be slowed by chaotic data estates, search challenges, and fears around privacy and security, regulation, and internal skills gaps.

Key Points: 
  • However, early adoption continues to be slowed by chaotic data estates, search challenges, and fears around privacy and security, regulation, and internal skills gaps.
  • This points to optimism that these technologies are poised to drive operational efficiencies and productivity, accelerate decision-making, improve customer engagement, and bolster security postures.
  • “While data may fuel this technology, search is the engine that powers its effectiveness.
  • “In particular, GenAI is transforming the data management, security, and search challenges many businesses continue to face.

Global Micro Lending Industry Report 2023: Market Size, Share, Trends, Opportunity, and Forecast, 2018-2028F - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024

The "Micro Lending Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Micro Lending Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.
  • Moreover, the global micro-lending market has witnessed the emergence of numerous innovative models, such as peer-to-peer lending, crowdfunding, and blockchain-based lending, which have further diversified the landscape.
  • Despite these challenges, the global micro-lending market is poised for continued growth, fostering financial inclusion and economic development worldwide.
  • Additionally, mainstream financial institutions are exploring partnerships with micro-lenders to tap into this expanding market and fulfill their corporate social responsibility objectives.

Komodo Health Introduces New No-Code Analytics Application To Visualize Real-World Healthcare Data in Minutes

Retrieved on: 
Tuesday, March 19, 2024

MapView is the industry’s first and most sophisticated analytics application that allows users without data science expertise to easily extract insights from Komodo’s Healthcare Map.

Key Points: 
  • MapView is the industry’s first and most sophisticated analytics application that allows users without data science expertise to easily extract insights from Komodo’s Healthcare Map.
  • MapView, an application within the company’s MapLab platform, accelerates and automates insight generation for some of the most common analyses performed in healthcare.
  • MapView introduces Komodo’s first wave of pre-built templates that are tailored to a range of essential industry use cases.
  • Additional MapLab applications and segment-specific offerings, including Komodo’s new generative AI analytics co-pilot, will launch throughout 2024.

AlleyCorp Launches $1M Pitch Competition to Elevate Underrepresented Founders

Retrieved on: 
Monday, March 18, 2024

AlleyCorp, a New York-based venture capital firm that incubates and invests in transformative companies, today announced its inaugural pitch competition, Peerless, to support and elevate exceptional early-stage founders.

Key Points: 
  • AlleyCorp, a New York-based venture capital firm that incubates and invests in transformative companies, today announced its inaugural pitch competition, Peerless, to support and elevate exceptional early-stage founders.
  • In partnership with Management Leadership for Tomorrow (MLT), a national nonprofit focused on equipping and emboldening high-achieving individuals from underrepresented communities—Black, Latine, and Native American—the competition will aim to support early-stage founders from backgrounds that have been historically underfunded.
  • With less than 2% of venture capital dollars going toward female founders in 2023, in keeping with the shared commitment of AlleyCorp and MLT to diversify the startup ecosystem, Peerless will also be actively seeking submissions from female founders.
  • “Underrepresented founders are underfunded founders,” said Desiree Almodovar, Director at AlleyCorp, who is spearheading the competition.

Viam Announces $45M Series B Funding for Revolutionary Software Platform Accelerating AI, Data, and Innovation in Robotics, IoT, and Smart Machines

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 /PRNewswire/ -- Viam, the software platform for smart machines, today announced that it has closed $45 million in Series B financing. The round includes participation from continuing investors, Union Square Ventures and Battery Ventures. The financing brings Viam's total funding to $87 million.

Key Points: 
  • NEW YORK, March 26, 2024 /PRNewswire/ -- Viam , the software platform for smart machines, today announced that it has closed $45 million in Series B financing.
  • Viam, the software platform for smart machines, announced that it has closed $45 million in Series B financing.
  • Viam is a fully modular, interoperable, and open source software solution that works seamlessly across all hardware and any fleet of machines.
  • The latest funding will enable Viam to continue accelerating enterprise partnerships, driving commercial innovation, and making further developments into the software platform.

TokenEx In-Person Payment Solution Unifies Payment Data Across All Channels

Retrieved on: 
Wednesday, March 20, 2024

TULSA, Okla., March 20, 2024 /PRNewswire/ -- TokenEx, the leading independent cloud tokenization provider, today announced the availability of its Point-to-Point Encryption (P2PE) solution, which unifies in-person and online retail channels and reduces the scope of Payment Card Industry Data Security Standard (PCI DSS) compliance by up to 90%.

Key Points: 
  • Point-to-Point Encryption (P2PE) Solution Unifies Physical and Digital Retail;
    TULSA, Okla., March 20, 2024 /PRNewswire/ -- TokenEx , the leading independent cloud tokenization provider, today announced the availability of its Point-to-Point Encryption (P2PE) solution, which unifies in-person and online retail channels and reduces the scope of Payment Card Industry Data Security Standard (PCI DSS) compliance by up to 90%.
  • Merchants may be limited in their choice of payment terminals, terminal applications, and payment processors, which can prevent them from adopting customer-friendly payment solutions.
  • Multi-Processor Flexibility — TokenEx is compatible with any payment terminal and POS solution.
  • "The cost and complexity of managing multiple payment processors and the PCI audit process can stifle growth into new channels and markets," said Marc Olesen, CEO of TokenEx.

Beware businesses claiming to use trailblazing technology. They might just be ‘AI washing’ to snare investors

Retrieved on: 
Friday, April 5, 2024

Delphia (USA) Inc and Global Predictions Inc, boasted about using AI for designing investment strategies, but the SEC found their claims to be unsubstantiated.

Key Points: 
  • Delphia (USA) Inc and Global Predictions Inc, boasted about using AI for designing investment strategies, but the SEC found their claims to be unsubstantiated.
  • As well as exaggerating or misrepresenting their AI capabilities, companies may inflate the abilities of AI algorithms or create the illusion AI plays a more significant role than it actually does.

What’s so good about AI?

  • It can streamline processes, quickly break down and analyse complex data to speed up decision-making, and help organisations stay ahead in a rapidly evolving and competitive market.
  • Promoting its use of AI helps portray a company as high-tech and cutting-edge, even if the reality doesn’t check out.
  • It follows the same idea as greenwashing, where companies pretend to be eco-friendly to attract investors and consumers.

AI and the finance sector


AI washing flourishes in finance and investment because of the industry’s high-stakes, intense competition and the seductive appeal of technology-driven solutions. AI’s algorithms can analyse extensive datasets, enhance predictability and uncover hidden patterns in financial data. And AI’s real-time processing capabilities enable dynamic adaptation to market changes.

  • The complexity of financial products provides room for firms to conceal the reality behind flashy AI claims.
  • Such interest has led to venture capital firms allocating more capital to AI startups last year than they did previously.

A lack of regulation

  • This lack of oversight erodes trust and credibility in the industry.
  • The European Union AI Act is the first regulation in the world to govern the use, development, disclosure and oversight of AI.
  • Holding companies accountable for accurate information about technology applications helps maintain the integrity of financial markets and ensures fairness for investors.

How to spot AI washing

  • So, how can you, as an investor or consumer, avoid falling victim to AI washing?
  • Verify registration status and credentials Before buying or investing in anything claiming AI capabilities, verify the investment company’s registration status and credentials by looking them up on the professional register.
  • Be cautious with AI-focused investments Investing in AI-driven companies may seem promising, but be wary of companies that tout their “revolutionary” or “industry-leading” AI without providing specifics.
  • This tactic is a common red flag for AI washing.
  • Read more:
    Who will write the rules for AI?


Angel Zhong does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.