General Motors is going to be scaling back production of the Cadillac Lyriq and Vistiq, as well as the Chevy Bolt EV as it expects sales of electric vehicles to slow dramatically. The $7,500 consumer tax credit for purchasing a new EV is set to expire at the end of the month. That credit has […]
If you wanted a sense of the current relationship between the tech right and the populists, you had to be sitting in Breakout Room C on the first day of NatCon 5, the annual gathering of the MAGA right’s powerhouses. At the end of the afternoon panel on the culture wars (“The Need for Heroism”), […]
In what’s potentially the first major payout to creatives whose work was used to train AI systems, Anthropic has reached an agreement to pay “at least” a staggering $1.5 billion, plus interest, to authors to settle its class-action lawsuit. The amount breaks down to smaller payouts expected to be approximately $3,000 per book or work. Lawyers […]
The European Commission has waged a €2.95 billion (~$3.5 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 for consumers as a result. The Commission has ordered Google to come up […]
Several of the most powerful business leaders in the country gathered around a table last night to fawn over President Donald Trump for his AI policies. “You and your policies are really helping a lot,” Microsoft CEO Satya Nadella told the president. AMD CEO Lisa Su praised “the amount of acceleration that we’ve seen just […]
Warner Bros. Discovery is suing Midjourney over claims the AI startup “brazenly dispenses its intellectual property as if it were its own,” as reported earlier by The Hollywood Reporter. In the lawsuit, Warner Bros. Discovery alleges that Midjourney generated “countless” infringing images and videos of its copyrighted characters, including Superman, Bugs Bunny, Scooby-Doo, and more. […]
Amazon, Google, and Microsoft are among the companies committing to help prepare Americans for a world dominated by AI technology at a White House event on AI education Thursday. First Lady Melania Trump hosted a meeting of the White House’s AI education task force where several CEOs touted their commitments. President Donald Trump is expected […]
Around six years ago, a new rallying cry rippled through Washington: “Break Up Big Tech.” It was a slogan emblazoned on campaign posters, uttered at congressional hearings, and beginning, it seemed, to echo through the halls of the nation’s antitrust enforcers. Momentum in the legislatures eventually petered out, but the enforcers at the Justice Department […]
Pornhub has settled with the Federal Trade Commission and the state of Utah over claims it “inflicted grave harm on children.” As part of the proposed settlement, Pornhub and its parent company, Aylo, must pay $5 million to Utah and address the FTC’s allegations, which included: Pornhub must also implement policies to combat CSAM and […]
Disney has agreed to pay $10 million to settle allegations from the Federal Trade Commission that it violated federal law by misleadingly labeling cartoons on YouTube so it could illegally collect children’s personal data. The FTC alleges that Disney failed to label some videos of its popular kids cartoons it uploaded to YouTube as “Made […]