‘An unelected few want to control our financial lives!’ – Charles Hoskinson weighs in on SEC’s war with Binance June 6, 2023 Cardano chief Charles Hoskinson has gone on the offensive against the US Securities and Exchange Commission in the wake of its legal action against crypto exchange Binance.
Crown Estates sues Twitter over unpaid rent of its Piccadilly Circus HQ January 24, 2023 Twitter is being sued by the Crown Estates over unpaid rent relating to its Piccadilly Circus-based headquarters building. The Crown Estates manages property for King Charles III and the monarchy, which includes the 10m sq Twitter headquarters in central London. The estate filed the claim against Twitter Inc, which is also facing legal action over [...]
Credit Suisse: Final results reveal impact of crisis as bank haemorrhages over £55bn assets, and counting April 24, 2023 In the quarter in which it was taken over by rival UBS, Credit Suisse reported outflows of CHF61.2bn (£55.3bn) with clients and customers pulling funds as fear over the stability of the ailing lender grew. These “significant” outflows were concentrated in the second half of March, the bank said, and while they have “moderated”, they [...]
Meet the AI startup getting ahead of regulation and artist copyright protection September 7, 2023 Amid the ongoing legal knots and evolving regulations surrounding generative artificial intelligence (AI), businesses would be right to be concerned about infringing copyright laws. AI image generators have been the subject of much backlash, with accusations of scraping material from artists landing them in murky legal territory. Earlier this year, several visual artists filed a [...]
Ryanair unveils UK growth plans but O’Leary trashes ‘Dad’s Army’ air traffic control April 24, 2024 Ryanair's plans to expand will create 1,000 jobs in the UK by the end of the decade, the Irish budget airline said today.
Miramax sues Quentin Tarantino as studio tries to stop Pulp Fiction NFT auction November 17, 2021 Director Quentin Tarantino has been sued by Miramax over the director’s plans to create and auction off a series of NFTs based on Pulp Fiction. The entertainment company alleges that Tarantino’s planned offerings violate the copyrights it holds to the director’s 1994 film, according to the lawsuit filed in federal court in Los Angeles. Tarantino [...]
Bank of England examining claim Metro Bank put customers’ money at risk with ‘pirated software’ April 2, 2024 The Bank of England is examining a claim that Metro Bank “pirated” a US company's software and put customers’ data at risk, City A.M. has learnt.
Surveillance tech firm Clearview AI agrees to block businesses from using facial recognition database May 10, 2022 Facial recognition startup Clearview AI has agreed to limit customers from using its database of billions of facial images scraped from social media platforms including Facebook and Linkedin. The New York software developer agreed to block the bulk of all commercial customers from using its database, in order to settle a lawsuit brought forward by [...]
Editors call for law change to stop oligarchs silencing press November 29, 2022 A group of UK journalists have banded together to call on the justice secretary, Dominic Raab, to back a proposed law to tackle “abusive legal tactics to shut down investigations” The letter, signed by the editors of the Guardian and the Daily Mail, has urged the government to address the “endemic” use of strategic lawsuits against [...]
Artificial intelligence is transforming our music, starting with Kanye West April 18, 2023 Kanye West has never sung Hey There Delilah, yet there's his cover of the song online. It's been made using AI, and it's exemplary of how the technology is rocking the music industry, writes Elena Siniscalco