Turunc has advised Bogazici Ventures on its follow-on investment in Fiber Games in a round that also saw Arz Portfoy invest. Ulgen advised Fiber Games.
What Should Employers Expect from the EU AI Act?
AI is increasingly revolutionizing the way businesses handle recruitment, hiring, management and employee monitoring etc. AI solutions are already adept at personalizing employee experiences, such as benefits and training, streamlining HR processes throughout the employment lifecycle, boosting efficiency and significantly reducing administrative burdens. Additionally, AI provides critical workforce insights, facilitating data-driven decision-making and management. However, these advancements also bring potential risks related to discrimination, protection of privacy, and other fundamental rights that employers must carefully manage.
Wolf Theiss and DZP Advise on Rewe Digital's IT Center Joint Venture with Amb Software in Poland
Wolf Theiss has advised Rewe Digital on a joint venture with Amb Software to establish an IT center in Zielona Gora, Poland. DZP advised Amb Software.
Karin Pomaizlova Moves Into Solo Practice
Former Taylor Wessing Partner Karin Pomaizlova has left the firm to become a sole practitioner.
Alin Nichifor Joins Buju Stanciu & Associates as Partner
Alin Nichifor has joined Buju Stanciu & Associates as a Partner.
Timea Bana Joins Kinstellar as Partner
Former Dentons Partner Timea Bana has joined Kinstellar as a Partner and new head of the local TMT service line and sector.
Startups and Intellectual Property
Startups are newly established companies usually founded by entrepreneurs who develop a product, service, or business model with the aim of solving a specific problem or addressing a gap in the market. These companies usually start with limited revenue, and they are looking after angel investors, venture capitalists or especially allocated funds for startups.