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Weil Gotshal

3 GoKawiil briefs on this topic

Binance restores withdrawals following largest-ever crypto exchange hack

Binance has resumed customer withdrawals after suffering what is being described as the biggest hack in cryptocurrency history. The exchange had paused the function while it investigated and responded to the breach.

AI startup Crosby bids for Weil Gotshal's brand and trademark amid firm's dissolution

Crosby, a two-year-old AI-first law firm, has submitted a bid for parts of collapsing Wall Street firm Weil, Gotshal & Manges, including its trademark, brand, and certain internal data, according to TechCrunch. Crosby is also separately trying to recruit some of Weil Gotshal's roughly 1,200 lawyers. Weil Gotshal confirmed to the New York Times it is preparing to vote on dissolving after leadership and merger plans fell apart.

Apple's Chip Suppliers Reportedly Gaining Leverage as AI Demand Rises

A report indicates that chip suppliers long pressured by Apple on pricing and terms are gaining more negotiating power due to surging demand from AI-related manufacturers. The same roundup notes law firm Weil Gotshal is closing, and details a $311 million land assembly for one of the most expensive homes in the U.S.