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News
Most Auditors Using AI Without a Formal Strategy, Study Shows
2+ day, 4+ hour ago (81+ words) news.bloomberglaw.com Auditing teams are leveraging AI but many do not have a formal use strategy in place for the technology, a Gartner survey found. About 93% of 161 chief audit executives reported some level of AI use, according to a…...
AI Marketing Gets Consumer Protection Test in NY Disclosure Law
3+ day, 15+ hour ago (862+ words) A landmark New York law requiring advertisers to disclose their use of synthetic performers is generating the first consumer complaints in a test of policy makers’ latest efforts to mitigate some of the potential negative effects of AI. The measure,…...
US Audit Board Dials Back Looming Quality Rule Overhaul
3+ day, 8+ hour ago (118+ words) Bloomberg Law News The US audit watchdog approved a scaled-back version of its firm governance overhaul that strips out provisions backed by investors, including independent oversight of quality safeguards. Auditors have until December to adopt the new quality control standard…...
Google, Blackstone Venture Faces Delays at Data-Center Sites
4+ day, 8+ hour ago (120+ words) Bloomberg Law News Alphabet Inc. and Blackstone Inc.’s new cloud venture has hit delays for major data-center locations that were supposed to run Google’s chips, underscoring the obstacles standing in the way of Big Tech’s AI ambitions. The startup…...
A Revolt Over $100 Billion Data Center Shows Spreading Backlash
1+ week, 3+ day ago (63+ words) news.bloomberglaw.com On the edge of a Civil War battlefield, a modern-day fight erupted. The catalyst? A data center campus roughly twice the size of New York’s Central Park, with up to 37 buildings and city-sized power needs — all tied…...
California Officials Improperly Shielded Data Center From Review
1+ week, 4+ day ago (117+ words) Bloomberg Law News California county officials improperly exempted a one-million-square-foot proposed artificial intelligence data center from scrutiny under the state’s flagship environmental protection law, a state court ruled. Imperial County officials failed to comply with the California Environmental Quality Act…...
California Passes Bill Requiring Notices of AI-Related Layoffs
1+ week, 5+ day ago (102+ words) Bloomberg Law News California would require businesses replacing workers with AI or automation tools to disclose it in layoff notices and reports to the state’s labor agency, under legislation going to Gov. Gavin Newsom for his signature. The bill (SB…...
Telehealth Providers Denied Chance to Fight NJ Licensing Rule
1+ week, 5+ day ago (57+ words) Bloomberg Law News Out-of-state doctors who consult with patients in New Jersey through remote telehealth services can’t proceed with a challenge to a law requiring them to be licensed in the state, a federal appeals court said. Learn more about…...
Protester Challenges Largest-Ever Blockchain Analytics Contract
1+ week, 5+ day ago (117+ words) Bloomberg Law News The US Department of Homeland Security improperly awarded a nearly $95 million sole-source investigations support contract to TRM Labs Inc., the “largest blockchain analytics contract” the government has awarded, Chainalysis Government Solutions LLC says. The US Court of…...
New Jersey Joins States Cracking Down on Data Center Energy Use
2+ week, 2+ day ago (548+ words) New Jersey is the latest in a growing number of states imposing stricter guardrails on data center developers as bipartisan tensions heighten against the energy-intensive facilities. Gov. Mikie Sherrill (D) signed legislation Thursday that requires data centers to disclose their energy…...