The Federal Trade Commission (FTC) has announced a settlement with payment processing company BlueSnap and its former CEO Ralph Dangelmaier and former Senior Vice President Terry Monteith. The FTC charged these defendants with knowingly processing payments for deceptive and fraudulent companies from 2019 to 2021, the agency said in a Wednesday...
Eight newspapers owned by Alden Global Capital’s MediaNews Group are reportedly suing Microsoft and OpenAI, alleging that the tech companies used the newspapers’ content to train artificial intelligence (AI) models. The newspapers, which include the New York Daily News and Chicago Tribune, filed their suit in New York federal court on Tuesday (April...
American companies are outpacing European ones on innovation and technology. That’s what the head of Norway’s $1.6 trillion oil fund told the Financial Times Wednesday (April 24), and his comments came as just a day later, on Thursday (April 25), French President Emmanuel Macron urged...
The U.S. Chamber of Commerce is blasting the FTC’s new ban on non-compete clauses. Soon after the Federal Trade Commission (FTC) imposed the ban on Tuesday (April 23), the business lobbying group said it would sue to block the measure. “The Federal Trade Commission’s decision to ban employer non-compete...
April 15, 2024
The U.S. Supreme Court made a significant decision in a complicated case regarding ATM fees Monday (April 15), putting the spotlight on the use of cash and access to it. While ATMs represent a decidedly analog approach to personal finance, data and anecdotal evidence show that ATMs are still a preferred option for millions of […]
March 28, 2024
When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s legal defense hewed to on...
January 12, 2024
In the generative artificial intelligence era, every industry will likely reap new efficiencies. Unlike previous iterations of AI, which focused on predictive or discriminative inference, generative AI can understand subtleties...
December 27, 2023
News publisher The New York Times said it owns over 3 million registered, copyrighted works. On Wednesday (Dec. 27), the NYT sued both Microsoft and OpenAI’s family of operating subsidiaries...
May 03, 2024
Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that the proposal “would make it nearly impossible for Google to compete,” Reuters reported Friday (May 3). A hearing on the request for an injunction is scheduled for May 23, according to the report. Epic […]
May 01, 2024
The Federal Trade Commission (FTC) has announced a settlement with payment processing company BlueSnap and its former CEO Ralph Dangelmaier and former Senior Vice President Terry Monteith. The FTC charged these defendants with knowingly processing payments...
April 30, 2024
Eight newspapers owned by Alden Global Capital’s MediaNews Group are reportedly suing Microsoft and OpenAI, alleging that the tech companies used the newspapers’ content to train artificial intelligence (AI) models. The newspapers, which include the New...
April 24, 2024
The U.S. Chamber of Commerce is blasting the FTC’s new ban on non-compete clauses. Soon after the Federal Trade Commission (FTC) imposed the ban on Tuesday (April 23), the business lobbying group said...
