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OpenAI responds to Elon Musk’s lawsuit with troves of emails
OpenAI has responded to a lawsuit filed by Elon Musk. The suit claims that Musk walked away after failing to gain control of ChatGPT.
The artificial intelligence company has published emails that show the billionaire endorsed the…
Musk wants to increase Tesla’s stake in the company for it to become a leader in AI
Elon Musk wants more control over Tesla, as it pushes the company into advanced technologies beyond car manufacturing.
In a tweet on his platform Twitter/X he wrote, "I'm uncomfortable growing Tesla into a leader in AI and robotics…
US regulators’ shock move on Bitcoin
US Securities regulator approved the first exchange traded funds that track bitcoin last night, a momentous event for the crypto industry and the world's biggest cryptocurrency.
The Securities and Exchange Commission has approved…
Since Musk’s purchase and renaming of Twitter, the value of X has dropped 71%.
According to Fidelity Mutual Fund, the social media platform X lost 71% of its worth since it was purchased by Elon Musk.
Fidelity has marked down its share value by 71.5%, according to a disclosure obtained from Axios.
Musk purchased…
IBM pulls ads from X following report that they were next to Nazi content
IBM announced that it had pulled its global advertising campaign from Elon Musk’s X after a report revealed that the social media platform was running the tech company’s ads alongside pro-Nazi materials. This is a new blow to the company’s…
Does the end of data collection on Instagram come with ad-free Instagram?
Max Schrems expected a large document when he asked Facebook to give him all of the information the company held on him.
The Austrian student of law was not prepared for the 1,200 page tome that detailed every friend request,…
TikTok receives largest-ever penalty for violating child privacy regulations
Ireland has imposed a penalty of €345 million on TikTok due to its inadequate measures regarding the privacy of children.
UK watchdog proposes stricter rules for ‘finfluencers
The UK's financial regulator has proposed new guidance governing how financial products can be marketed on social media platforms to limit what it described as "significant consumer harm" from unsuitable and illegal promotions.
In a…
Music publishers sue Twitter $250m for unlicensed music
Twitter was sued by over a dozen music publishing companies for allegedly violating copyright laws by allowing its users to upload music to the platform without permission.
Members of the US National Music Publishers' Association are…
Facebook owner Meta fined €1.2bn for breaching EU privacy rules
Meta, owner of Facebook has been fined EUR1.2 billion, a record amount, for violating the European Union's data privacy regulations. Meta was also given a deadline of six months to stop sending data to the United States.
The Irish Data…
Vice declares bankruptcy before selling to lenders
Vice Media Group filed for bankruptcy in preparation to be acquired by a consortium headed by Fortress Investment Group, Soros Fund Management and Fortress Investment Group.
After struggling to keep pace with the consumer shift toward…