Insights Search
The Wall Street Journal reported on January 31, 2025, that Meta Platforms Inc. (formerly Facebook) (NASDAQ: META) was considering a change of its state of incorporation from Delaware to Texas.
V&E Corporate Governance Update
On February 11, Michael Kurzer, partner in our Technology Transactions & Intellectual Property group along with Kevin Szczepanski, Co-Chair of the Data Security & Technology Practice Area at Barclay Damon join Jill Malandrino on Nasdaq TradeTalks to discuss cybersecurity litigation trends on the state and federal levels and what that means for corporate compliance amid rising cyber threats and evolving regulations.
Driven by the demand for AI-ready cloud infrastructure, the market cap for global data center construction, currently valued at more than $250 billion, is set to double in less than ten years, reaching half a trillion dollars by 2034.
V&E Technology Update
On January 13, 2025, Texas Attorney General Ken Paxton (“Texas AG”) filed the first-ever enforcement action under the Texas Data Privacy and Security Act (“TDPSA”) against insurance company Allstate and its subsidiary, Arity (collectively, “Defendants”).
V&E Data Privacy Update
On November 7, 2024, the Transportation Security Administration (the “TSA”) published a Notice of Proposed Rulemaking (the “Proposed Rule”) that would mandate cyber risk management (“CRM”) and reporting requirements for certain surface transportation owners and operators, including certain pipeline, freight railroad, passenger railroad, rail transit, and over-the-road bus owners and operators.
V&E Cybersecurity Update
On January 13, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued its Framework for Artificial Intelligence Diffusion, an Interim Final Rule revising the Export Administration Regulations (“EAR”) to expand controls on advanced computing integrated circuits, commonly called microchips (“ICs”) and impose new licensing requirements for artificial intelligence (“AI”) model weights (the “AI Diffusion Rule”).
V&E Export Controls Update
On January 14, 2025, President Joe Biden issued an executive order aimed at advancing U.S. leadership in AI infrastructure (the “Order”).
V&E Artificial Intelligence Update
As generative AI technology becomes increasingly integrated into the legal profession, in-house counsel face a range of new considerations.
Published by CorpGov Dec 2, 2024
Welcome to Vinson & Elkins’ Securities and ESG Updates.
V&E Securities & ESG Update