With companies such as Facebook and Twitter finding themselves in the crosshairs of politicians, overlap of law and business has become more and more of an issue. Raj Goyle, Founder of Bodhala, an A.I. tool working to improve business efficiencies in the legal industry, was with us to discuss how machine learning is revolutionizing law.
The legal market is inefficient with data, Goyle said. With his company, they tackle that problem by building a software platform that allows data to help businesses optimize legal spend and help law firms win business. He says the new technology will transform the industry by bringing data to the forefront and draw insights for clients.
Royle says repealing net neutrality is an unfortunate policy because he believes in capitalism 101. When there is competition and good data the market wins, he adds. He says the repeal is a problem because it lets the incumbents dominate. What's best, he says, is when the internet is subject to competitive forces.
TikTok has rolled out updated rules and standards for content and its CEO warned against a possible U.S. ban on the video sharing app as he prepares to face Congress.
Foot Locker is planning to close 400 stores by 2026 as part of a "reset" of its retail brand. The relaunch could also introduce "experiential" new stores and shifting away from underperforming stores in malls, which currently account for 10 percent of its sales.
Treasury Secretary Janet Yellen is trying project calm after regional bank failures, saying the U.S. banking system is “sound” but additional rescue arrangements “could be warranted” if any new failures at smaller institutions pose a risk to financial stability.
With just under a month left to file taxes, Cheddar News is keying in on freelance workers and wants to provide some tips so those Americans maximize either their refunds or what they have to pay back to the IRS.
