Google requests dismissal of AI data scraping class-action suit
Google argued in its motion to dismiss the claims that using publicly available information shared on the internet is not “stealing,” as claimed. Go to Source
Month: October 2023
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
Ohio Representative Jim Jordan, the Republican Party’s nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position. Go to Source
South Korean regulator outlines steps to enhance digital asset legislation
The Virtual Asset Users Protection Act was passed in June without a sufficient regulatory framework, the head of South Korea’s Financial Supervisory Service said. Go to Source
US expands export controls for AI semiconductor chips to China
The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements expansions and a notification requirement, among others. Go to Source
Europe’s AML regulations come at a high cost — for your privacy and otherwise
The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs that are simply too high. Go to Source
Fantom Foundation hot wallet hacked for $550K
Fantom Foundation lost $550,000 worth of cryptocurrency through a vulnerability in the official Fantom wallet. Go to Source
Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better
Michelle Bowman told a university audience that financial innovation should be justified by need and be properly regulated. Go to Source
Baidu unveils Ernie 4.0 AI system, says overall performance ‘on par with ChatGPT’
The Chinese megacorporation claims its newest model rivals OpenAI’s popular model in generating text, images, and video. Go to Source
Nishad Singh says there was ‘a lot’ he didn’t remember about FTX in 2022 — SBF trial
Sam Bankman-Fried’s defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16. Go to Source
Platypus Finance recovers 90% of assets lost in exploit
As per its agreement, project developers will not pursue legal action against the hacker. Go to Source