In a landmark settlement, Anthropic, a leading artificial intelligence company, has agreed to pay $1.5 billion to a group of authors and publishers after a judge ruled it had illegally downloaded and stored millions of copyrighted books, The New York… Read More
Google Fined $3.5 Billion By EU Over Ad-Tech Business
The European Commission has waged a €2.95 billion fine against Google for “abusing its dominant position” in advertising technology. In its announcement, the Commission claims that Google’s alleged anticompetitive practices have increased costs for advertisers and publishers, potentially raising prices… Read More
YouTube’s Premium Family Plan Faces New Restrictions #1842
YouTube is enforcing stricter rules for its Premium Family plan, requiring all members to live in the same household. Non-eligible users will lose Premium benefits after 14 days, following Netflix’s 2023 policy shift to curb account sharing and drive new… Read More
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Atlassian Agrees To Acquire The Browser Company For $610M In Cash
Atlassian said it has agreed to acquire The Browser Company Co., a startup that offers a web browser with artificial intelligence features, for $610 million in cash, CNBC reported. The companies aim to close the deal Atlassian’s fiscal second quarter,… Read More
Google Stock Jumps 8% After Worst-Case Penalties In Antitrust Case
Alphabet shares popped 8% in extending trading as investors celebrated what they viewed as minimal consequences from a historic defeat last year in the landmark antitrust case, CNBC reported. Last year, Google was found to hold an illegal monopoly in… Read More
OpenAI To Safeguard ChatGPT For Teens And People In Crisis
ChatGPT guardrails for teens and people in emotional distress will roll out by the end of the year, OpenAI promised Tuesday, Axios reported. Why it matters: Stories about ChatGPT encouraging suicide or murder or failing to appropriately intervene have been accumulating… Read More
WLFI , Trump’s World Liberty Financial Token, Begins Trading At $0.30
WLFI, the native token of World Liberty Financial, a decentralized finance project backed by the Trump family, has started trading on crypto exchanges and changed hands at over $0.30 shortly after its launch, implying a fully diluted valuation of over… Read More