Category: 3. Business

New reporting shows Meta is profiting from billions in revenue generated by scam advertising on Facebook and Instagram.

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This article, featuring partners Howard Glazer and Melissa Bender and director of technology innovation Sergey Polak, was originally published in Corporate Counsel on October 29, 2025.

It’s no secret that Al is a transformative technology that is beginning to reshape industries. Investment management is no exception, and a recent collaborative survey by Corporate Counsel and Ropes & Gray is bringing to light the priorities, drivers, concerns, and progress of Al adoption for investment managers.

Most striking about the survey data may be the speed of adoption, with nearly 75% of in-house counsel surveyed saying they are using Al in their organizations’ operations, and the rest reporting early-stage pilots or exploration of Al initiatives.

It’s also something Ropes & Gray’s attorneys are seeing firsthand, with a laser-like focus on the technology, “Al is fundamentally transforming the business landscape, creating new opportunities and challenges for investment managers, private equity firms, asset managers and public companies,” said Howard Glazer, partner and head of Ropes & Gray’s private equity transactions practice.

However, investment managers face concerns and barriers when considering the use of Al. According to the survey results, security of the tools and product indecision are top of the list. To allay these, clients can leverage Ropes & Gray’s experience. When clients are unable to invest time and money vetting and configuring software tools, Ropes & Gray can advise them.

‘There are an overwhelming number of tools and products available,” said Melissa Bender, a Ropes & Gray asset management partner and co-head of the firm’s private funds practice. “We help clients both understand what these Al software tools can and cannot do and evaluate which tools best meet their needs. In some cases, clients may choose not to license software tools themselves but will instead look to Ropes & Gray for implementation.”

“We’re able to use these tools in the most effective ways to help them,” said Sergey Polak, director of technology innovation at Ropes & Gray. “We advise our clients in considering both the technical risks and the legal risks. On the technical side, we do very detailed due diligence on these tools.”

As is true across Ropes & Gray, the firm’s asset management attorneys and the technology team often work hand-in-hand assisting clients. “Our cross-practice teams deliver deep expertise across every angle of Al use, risk assessment, tool evaluation, and investment, helping clients leverage Al for their own competitive advantage,” said Glazer.

Enhancing operational efficiency, strengthening compliance and risk functions, and staying competitive with peers are leading reasons in-house counsel cited as primary motivations to implement Al.

In the heavily regulated asset management sector clients need to ensure that their compliance policies are current as they implement these tools, Bender said. “But the tools themselves can also help clients meet their regulatory compliance obligations.”

Ropes & Gray’s private funds regulatory team recently used an Al tool to build a database of SEC exam requests and is building a similar database for disclosure documents. The disclosure database will allow clients to compare their disclosure documents across several products to ensure they are consistent and that what they are doing is best-in-class, she said.

Clients are very interested in what their peer firms are doing, particularly in terms of their fund agreements and broader market terms. Historically, that data could be pulled, but it was a manual process often involving significant time and expense. By using Al, Ropes & Gray and its clients can very quickly access benchmarking information, Bender said.

• Hyundai Motor CEO José Muñoz emphasized resilience, adaptability, and cross-functional alignment as key strengths to confidently lead future mobility.
• Muñoz shared his strategic vision for the company, encouraging direct and open communication between employees
• The CEO pointed to expanded partnerships as key drivers of mobility innovation
• He also reflected on his first year as CEO and called for proactive leadership to ensure long-term growth beyond 2030
• He was joined by executive vice presidents responsible for global operations, electrification, and HR, who participated in a panel discussion with employees.

SEOUL, November 6, 2025 – Hyundai Motor Company President and CEO José Muñoz met with employees around the world to share the company’s strategic direction for 2026, reinforcing Hyundai Motor’s commitment to agility, innovation, and sustainable growth.

CEO Message: Building Confidence for the Future

Hyundai Motor Company President and CEO José Muñoz met with employees around the world during the 2025 Leaders Talk, the company’s global town hall-style meeting, to share Hyundai’s strategic direction for 2026 and reinforce its commitment to agility, innovation, and sustainable growth.

The event was held at Hyundai Motor’s Gangnam office in Seoul, with 200 employees attending in person and many others joining via live stream.

“As I reflect on my first year as CEO, I’m grateful for the dedication and resilience of our global team. The automotive industry is transforming faster than ever, but I’ve never been more confident in our ability to navigate what’s ahead. Our success in 2025 proved that adapting is truly part of our DNA. We achieved outstanding results while managing complexity. Looking toward 2026 and beyond, our strength lies in the quality and safety of our products, the flexibility of our strategy across powertrains and markets, and most importantly, the talent and commitment of our people. The partnerships we’re building, along with our manufacturing investments and product innovation, position us to lead the future of mobility.”

As announced during its CEO Investor Day in September, Hyundai Motor aims to achieve 5.55 million global vehicle sales by 2030. Building on this momentum, electrified vehicles are expected to account for 60 percent of total sales, reaching 3.3 million units, with significant growth anticipated in North America, Europe, and Korea.

To support this goal, the company will expand its hybrid lineup to more than 18 models by 2030, including the introduction of Genesis hybrid models starting in 2026.

The company’s Genesis luxury brand, celebrating its 10th anniversary, has grown into a top 10 global premium brand, surpassing 1 million units in cumulative sales and expanding into over 20 markets. Genesis will launch the GV60 Magma, its first high-performance model, and introduce EREV and hybrid vehicles to accelerate electrification. The brand aims to reach 350,000 annual sales by 2030, strengthening its presence in the United States, Europe, the Middle East, Korea, China, and emerging markets.

Hyundai Motor’s strategic partnerships are also driving innovation. Since launching sales on Amazon, dealer traffic has increased by over 41 percent. Collaborations with Waymo and GM are progressing, with real-world testing and co-development of five vehicle models underway. Robotics initiatives are expanding the boundaries of mobility.

Executive Perspectives: Supporting the Vision

Yeong Ho Lee, Executive Vice President and Head of Global Operations Division, addressed the growing competitiveness of Chinese automakers in global markets.

“Hyundai Motor is responding to new competitors with differentiated service experiences, strategic financial partnerships, and a strengthened eco-friendly powertrain portfolio. Our ability to align cross-functional strategies is key to maintaining our leadership.”

Chang Hwan Kim, Executive Vice President and Head of Electrification Energy Solutions Tech Unit, shared Hyundai Motor’s electrification roadmap.

“Hyundai Motor has built one of the most diverse electrification portfolios in the industry. From HEVs to EREVs and FCEVs, we’re developing technologies that maximize customer value, safety, and performance. Our upcoming EREV system will offer over 600 miles of range with breakthrough battery efficiency.”

Hae In Kim, Executive Vice President and Head of HR Division, emphasized the importance of employee growth in a rapidly changing environment.

“In the age of AI, deep and broad expertise is essential. We’re investing in global HRD frameworks like H-SENSE and career solution maps to help employees expand their capabilities. At Hyundai, growth through work—particularly on global and cross-functional projects—offers a distinctive opportunity, as the company’s success is intrinsically linked to the growth of its people.”

Closing Remarks: From Vision to Everyday Values

Closing the Leaders Talk, President Muñoz encouraged employees to embrace change and prepare for long-term growth:

“Our Executive Chair’s ‘Progress for Humanity’ vision is a commitment to make mobility safer, more sustainable, and more accessible for everyone. That starts with how we treat each other, how we serve our customers, and how we show up in our communities every day.”

 

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About Hyundai Motor Company
Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision ‘Progress for Humanity,’ Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions while pursuing open innovation to introduce future mobility services. In pursuit of a sustainable future for the world, Hyundai will continue its efforts to introduce zero-emission vehicles with industry-leading hydrogen fuel cell and EV technologies.

More information about Hyundai Motor and its products can be found at: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai

 

Contact:

Jihyun Park
Global PR / Hyundai Motor Company
pjh85@hyundai.com

Trevor Hale
PR & Communications / Hyundai Motor Company
THALE@HMAUSA.COM

Paris, France (6 November 2025) – EssilorLuxottica today announced the evolution of its Essilor Stellest platform at the China International Import Expo (CIIE) in Shanghai. Building on the Group’s forty-five years of research and innovation in myopia management, the enhanced Essilor Stellest portfolio reinforces EssilorLuxottica’s commitment to addressing the needs of the 740 million children worldwide projected to suffer from myopia by 2050¹ through innovative, clinically proven solutions.

The new Essilor Stellest 2.0 lenses deliver significantly higher efficacy in slowing the axial elongation of the eye that causes myopic vision. A recent study² shows that the new design further supports effective myopia management, by generating a stronger optical signal, delivering double the mean optical power³. Drawing on the success of Essilor Stellest lens – the first-ever FDA-market authorized spectacle lens clinically proven to slow down myopia progression in children⁴ –, Essilor Stellest 2.0 lenses are currently available in Greater China, with expansion to other key markets planned from 20265.

Recognizing the critical role of delaying myopia onset in long-term management, Essilor Stellest plano pair lenses is moving toward early intervention by introducing clinically validated solutions for children at risk of developing myopia. Clinical research shows that postponing myopia onset by just one year can offer benefits comparable to over two years of slowed progression^6,7. One of the world’s first randomized, controlled, independent trials on plano lenses for delaying myopia onset6 found that children aged 6–12 at risk of myopia who wore Essilor Stellest plano pair lenses for more than 30 hours per week experienced slower axial elongation. This innovation marks a major step from myopia management toward evidence-based prevention. Essilor Stellest plano pair lenses are available in Greater China⁵.

At CIIE, EssilorLuxottica also showcased for the first time the Essilor Stellest Smartglasses, expanding its smart technologies to the Essilor Stellest brand. Equipped with Essilor Stellest lenses, the glasses track wearing time and patterns, provide behavioral insights and help respect wearing compliance, critical to the efficiency in myopia management. Essilor Stellest Smartglasses will be available in Mainland China starting Q1 2026.

“At the forefront of med-tech innovation, we are transforming myopia management with our Essilor Stellest platform. By combining advanced lens technology with smart features, we enable early intervention, promote healthy wearing habits, and accelerate progress in slowing myopia progression in children. Our purpose is clear: turning evidence into action and technology into empowerment. By working closely with industry partners and advancing evidence-based innovation, we aim to deliver even more groundbreaking solutions, reinforcing our commitment to advancing eye health for the next generation,” said Francesco Milleri, Chairman and CEO, and Paul du Saillant, Deputy CEO of EssilorLuxottica.

Notes:
1. Holden BA, Fricke TR, Wilson DA, et al. Global Prevalence of Myopia and High Myopia and Temporal Trends from 2000 through 2050. Ophthalmology. 2016;123(5):1036-1042. doi:10.1016/j.ophtha.2016.01.006.

2. Based on 12-month results from a prospective, randomized, double-masked contralateral crossover clinical trial conducted in Singapore on 50 children. EssilorLuxottica data on file (2025).

3. Twice the power refers to two (or more) times the depth of volume of non-focused light (by design) compared to that of Essilor Stellest lenses—and is not associated with a doubling of lens power, lenslet power, or efficacy.

4. Compared to single vision lenses. Results from a prospective, randomized, double-masked, multicenter U.S. clinical trial in myopic children aged 6–12 years at initiation of treatment.

5. Essilor Stellest 2.0 and Essilor Stellest plano pair (for pre-myopia) are not currently available in the U.S.

6. Zhang Z, Zeng L, Gu D, et al. Spectacle Lenses With Highly Aspherical Lenslets for Slowing Axial Elongation and Refractive Change in Low-Hyperopic Chinese Children: A Randomized Controlled Trial. Am J Ophthalmol 2025; 269: 60–68 Click here to view the study.

7. Bullimore MA, Brennan NA. Myopia: An ounce of prevention is worth a pound of cure. Ophthalmic Physiol Opt. 2023 Jan;43(1):116-121. doi: 10.1111/opo.13058. Epub 2022 Oct 5. PMID: 36197452.

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