FTC launches inquiry into how big tech companies such as Microsoft, Amazon and Google are holding sway over AI startups
FTC launches inquiry into how big tech companies such as Microsoft, Amazon and Google are holding sway over AI startups
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Vince McMahon out at WWE after resigning from TKO Group amid sex abuse scandal
Vince McMahon announced Friday he is stepping down from his position as executive chairman of WWE-parent TKO Group Holdings amid the sexual abuse scandal that has rocked the wrestling world. According to Deadline, McMahon denied the allegations of a the lawsuit that was filed against him Thursday that accused him of sexual assault and trafficking,…
Exxon files lawsuit against activist investors’ ‘extreme’ climate proposal
Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company’s shareholder meeting in May. This is the first time Exxon is seeking to exclude a shareholder proposal by filing a complaint in court. It says the…
George Carlin estate sues over fake comedy special purportedly generated by AI
LOS ANGELES — The estate of George Carlin has filed a lawsuit against the media company behind a fake hourlong comedy special that purportedly uses artificial intelligence to recreate the late standup comic’s style and material. The lawsuit filed in federal court in Los Angeles on Thursday asks that a judge order the podcast outlet,…
Italy’s premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up
MILAN — Italian Premier Giorgia Meloni slammed carmaker Stellantis, accusing it of weakening Italy’s industrial footprint since the merger of FiatChrysler and PSA Peugeot that created the world’s fourth largest auto maker. As one of Italy’s top private sector employers, Fiat and its successors, FiatChrysler and then Stellantis, have always gotten government attention, but rarely…
Gucci owner pays nearly $1B to scoop up tower on red-haute Fifth Avenue
The owners of Gucci on Monday bought a prime Fifth Avenue retail property for a whopping $963 million — and it could mean the boot for rival fashion house Armani from its flagship location. Gucci’s parent Kering scooped up the 115,000 square-foot, three-level retail space at 715-717 Fifth Ave., at East 56th Street, which sits…
How To Tech: Why it’s important to turn on Apple’s new Stolen Device Protection
LONDON — You’re in a crowded bar when a thief watches you unlock your iPhone with your passcode, then swipes it. That sinking feeling hits when you realize it’s gone, along with priceless photos, important files, passwords on banking apps and other vital parts of your digital life. Apple rolled out an update to its…