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US judicial panel to examine litigation finance disclosure

UPDATE 1-US judicial panel to examine litigation finance disclosure Adds comment from litigation funding group in paragraph 16 By Nate Raymond Oct 10 (Reuters) - A federal judicial rules-making panel on Thursday agreed to study whether a nationwide rule requiring disclosure of third-party litigation funding in lawsuits is necessary at the urging of major companies, business groups and Republican lawmakers .
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US judicial panel to examine litigation finance disclosure

US judicial panel to examine litigation finance disclosure By Nate Raymond Oct 10 (Reuters) - A federal judicial rules-making panel on Thursday agreed to study whether a nationwide rule requiring disclosure of third-party litigation funding in lawsuits is necessary at the urging of major companies, business groups and Republican lawmakers . After a decade of weighing whether it should do anything to regulate the emerging field of litigation finance, the U.S.
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US lawmaker calls for litigation funding disclosures

US lawmaker calls for litigation funding disclosures By Sara Merken Oct 7 (Reuters) - A federal lawmaker has introduced legislation that would require the disclosure of third-party funding in civil lawsuits. U.S. Republican Representative Darrell Issa of California on Friday introduced a bill that calls for parties in civil litigation to tell the court and other named parties the identity of third-party that has the right to receive payment that is contingent on the outcome of a case or group or
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AI startups ride on investor frenzy to raise billions in 2024

FACTBOX- AI startups ride on investor frenzy to raise billions in 2024 Oct 4 (Reuters) - OpenAI recently closed a $6.6 billion funding round at a $157 billion valuation that highlighted the enthusiasm around generative artificial-intelligence technology since the startup burst onto the scene with the launch of ChatGPT in late 2022. Since then a number of AI startups have managed to attract funding from well-known venture-capital funds and angel investors.
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Companies ask US judiciary group to force lawsuit funding disclosures

UPDATE 1-Companies ask US judiciary group to force lawsuit funding disclosures Adds comment in paragraphs 11, 12 from funding advocate By Mike Scarcella Oct 3 (Reuters) - More than 100 major companies from the technology, pharmaceutical, automotive and other sectors have urged the U.S. judiciary to adopt a nationwide rule requiring disclosure of third-party litigation funding in lawsuits.
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Companies ask US judiciary group to force lawsuit funding disclosures

UPDATE 1-Companies ask US judiciary group to force lawsuit funding disclosures Adds comment in paragraphs 11, 12 from funding advocate By Mike Scarcella Oct 3 (Reuters) - More than 100 major companies from the technology, pharmaceutical, automotive and other sectors have urged the U.S. judiciary to adopt a nationwide rule requiring disclosure of third-party litigation funding in lawsuits.
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Cisco set to invest in CoreWeave at $23 bln valuation, Bloomberg News reports

CORRECTED-UPDATE 1-Cisco set to invest in CoreWeave at $23 bln valuation, Bloomberg News reports (Oct. 3) Corrects paragraph 3 in Oct. 3 story to drop reference to CEO Michael Intrator Oct 3 (Reuters) - Cisco Systems CSCO.O is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter.
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Companies ask US judiciary group to force lawsuit funding disclosures

Companies ask US judiciary group to force lawsuit funding disclosures By Mike Scarcella Oct 3 (Reuters) - More than 100 major companies from the technology, pharmaceutical, automotive and other sectors have urged the U.S. judiciary to adopt a nationwide rule requiring disclosure of third-party litigation funding in lawsuits. Companies including Amazon.com, Google, Cisco, Meta, Comcast, Exxon, Zurich, Eli Lilly, Bayer, Ford, Pfizer and Novartis submitted the letter on Wednesday to the federal cou
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Cisco set to invest in Coreweave at $23 bln valuation, Bloomberg News reports

Cisco set to invest in Coreweave at $23 bln valuation, Bloomberg News reports Oct 3 (Reuters) - Cisco Systems CSCO.O is set to invest in Coreweave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter. Reporting by Akash Sriram in Bengaluru; Editing by Mohammed
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Cisco Nears Investment In Coreweave At $23 Bln Valuation - Bloomberg News

BRIEF-Cisco Nears Investment In Coreweave At $23 Bln Valuation - Bloomberg News Oct 3 (Reuters) - CISCO NEARS INVESTMENT IN COREWEAVE AT $23 BILLION VALUATION - BLOOMBERG NEWS Source text : https://tinyurl.com/25fo9bmu Further company coverage: CSCO.O
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Greylock-backed Resolve AI raises $35 million in seed funding to help engineers

Greylock-backed Resolve AI raises $35 million in seed funding to help engineers By Krystal Hu Oct 1 (Reuters) - Resolve AI, a startup aiming to automate software operations, has raised $35 million in seed funding from investors led by Greylock, as the latest entrants to the space of developing AI-powered tools for software engineers. It is the largest check written so far this year by the Silicon Valley venture capital firm that has backed companies such as Airbnb and Meta.
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Smartsheet to go private in $8.4 bln deal with PE firms Vista and Blackstone

UPDATE 3-Smartsheet to go private in $8.4 bln deal with PE firms Vista and Blackstone Adds analyst comments in paragraphs 6-7, 9-10 By Rishi Kant Sept 24 (Reuters) - Workplace collaboration software maker Smartsheet will be taken private by Vista Equity Partners and Blackstone in a deal worth $8.4 billion, the companies said on Tuesday, in the latest sign that buyout deals were picking up steam after a dull 2023. Smartsheet SMAR.N investors will get $56.50 per share in cash, an 8.5% premium over
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Cisco And University Of Ottawa Equip Engineering Students With Job-Ready It And Cybersecurity Skills

BRIEF-Cisco And University Of Ottawa Equip Engineering Students With Job-Ready It And Cybersecurity Skills Sept 24 (Reuters) - Cisco Systems Inc CSCO.O : CISCO AND UNIVERSITY OF OTTAWA EQUIP ENGINEERING STUDENTS WITH JOB-READY IT AND CYBERSECURITY SKILLS Source text for Eikon: ID:nGNX8lqtLm Further company coverage: CSCO.O
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Canadian National Railway relocates operations from tourist town Jasper due to wildfire threat

Canadian National Railway relocates operations from tourist town Jasper due to wildfire threat Sept 19 (Reuters) - Canadian National Railway CNR.TO will relocate its operations from Jasper, a town in the province of Alberta, to Hinton, about 100 kilometers away, said the Teamsters Canada Rail Conference in a statement. The popular tourist town, which is vulnerable to wildfires, was ravaged by one in late July .
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Bharti Airtel Says Airtel Business And Cisco Launch Airtel Branch

BRIEF-Bharti Airtel Says Airtel Business And Cisco Launch Airtel SD-Branch Sept 19 (Reuters) - Bharti Airtel Ltd BRTI.NS : AIRTEL BUSINESS AND CISCO LAUNCH AIRTEL SD-BRANCH Source text for Eikon: [ID:] Further company coverage: BRTI.NS
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Intel Corp INTC.OQ +6.7% CrowdStrike Holdings Inc CRWD.OQ +3.7% Dollar Tree Inc DLTR.OQ +2.6% Cisco Systems Inc CSCO.OQ +2.4% PDD Holdings Inc PDD.OQ +2.1% Bottom Performers Percent Change Arm Holdings PLC ARM.OQ -5.7% Micron Technology Inc MU.OQ -4.3% Apple Inc AAPL.OQ -2.7% Adobe Inc ADBE.OQ -2.3% Broadcom Inc AVGO.OQ -2.1% The Nasdaq 100 .NDX lost 84.44 points, or 0.43%, to 19,
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Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say

EXCLUSIVE-Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say By Milana Vinn and Mike Spector NEW YORK, Sept 16 (Reuters) - Buyout firms Vista Equity Partners and Blackstone BX.N are in advanced talks to acquire Smartsheet SMAR.N , in a deal that could value the collaboration-software maker at close to $8 billion, people familiar with the matter said on Monday.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Intel Corp INTC.OQ +3.9% CrowdStrike Holdings Inc CRWD.OQ +3.6% Dexcom Inc DXCM.OQ +2.2% Fortinet Inc FTNT.OQ +2.1% Cisco Systems Inc CSCO.OQ +2.0% Bottom Performers Percent Change Arm Holdings PLC ARM.OQ -5.0% Micron Technology Inc MU.OQ -4.6% Apple Inc AAPL.OQ -3.0% ON Semiconductor Corp ON.OQ -2.8% KLA Corp KLAC.OQ -2.6% The Nasdaq 100 .NDX lost 156.72 points, or 0.80%, to 19,3
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Vista and Blackstone in talks to acquire software maker Smartsheet, sources say

EXCLUSIVE-Vista and Blackstone in talks to acquire software maker Smartsheet, sources say Adds more details and background on Smartsheet By Milana Vinn NEW YORK, Sept 5 (Reuters) - A private equity consortium including Vista Equity Partners and Blackstone BX.N is in talks to acquire Smartsheet SMAR.N , a U.S. maker of workplace collaboration software with a market value of about $7 billion, people familiar with the matter said on Thursday.
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Cisco owes nearly $66 mln in audio-conferencing patent case, jury says

Cisco owes nearly $66 mln in audio-conferencing patent case, jury says By Blake Brittain Aug 30 (Reuters) - Cisco Systems CSCO.O must pay video group-chat app maker Paltalk PALT.O $65.7 million for infringing a patent related to audio conferencing, a jury in Texas federal court said on Thursday. The jury determined that Cisco's WebEx web-conferencing products violated Paltalk's patent rights in audio-server technology for teleconferencing.
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