Month: January 2024
Are Cryptocurrencies Comparable to Stocks and Bonds? Courts Near a Decision
The cryptocurrency industry has been envisioning digital coins as an alternate finance world that operates outside the control of big banks and government regulators. As digital currencies like Bitcoin and Ether became more popular, the crypto industry has hit a legal hurdle with the Howey Test. This legal analysis determines when a financial product becomes […]
Read More
Taylor Swift Fans Beware: Bogus Explicit Images Take Over Social Media
This source of controversy regarding Taylor Swift, a popular pop icon, demonstrates a deep-rooted societal issue that has plagued the internet for years: the creation and dissemination of nonconsensual pornography. Artificial Intelligence has played a significant role in the proliferation of deepfake images, which are digitally manipulated to portray individuals engaging in actions they have […]
Read More
NSA’s Unauthorized Purchase of American Internet Data Revealed in Letter
The National Security Agency Department of Homeland Security, Federal Trade Commission affordable requires superior attention. Senator Ron Wyden requested to the director of national intelligence, Avril D. Haines, that the U.S. government should not fund and legitimize a dubious industry. “The U.S. government should not be funding and legitimizing a shady industry whose flagrant violations […]
Read More
L.A. County Settles for $5 Million with Election Executive Falsely Accused of Data Breach
Los Angeles County agreed to pay $5 million to Eugene Yu, co-founder of Konnech, an election software company, in a settlement to a lawsuit filed last year. Yu was arrested in 2022 for mishandling voter data, but the charges were dropped five weeks later due to concerns of “potential bias in the presentation” of evidence. […]
Read More
Challenges with Regulators Led to Cruise’s Autonomous Car Grounding
General Motors’ driverless car subsidiary, Cruise, has had its fleet suspended nationwide following an investigation conducted by a law firm which was hired to review the actions of its top-ranking executives. The report found that the executives’ approach towards state regulators led to a cascade of events that resulted in the suspension. The investigation stemmed […]
Read More
AI-Curated Spotify Playlist that Truly Understands You
Spotify Creates Day- Specific Playlists for Your Unique Audio Identity Is Sunday your day of rest? Do you feel pre-stressed by your Monday ? Spotify seems to know with their “Nervous Ocean Monday Morning.” Being a Spotify user has never been more interesting. “Daylists” are the newest offering, introducing users to three new playlists a […]
Read More
Tech Giants Microsoft, Amazon, and Google Under F.T.C. Investigation for A.I. Agreements
The FTC has started an inquiry on the multi-billion dollar investments that Microsoft, Amazon, and Google have made in the AI startups OpenAI and Anthropic. These investments have allowed the big companies to form deep ties with their smaller rivals, making them able to dodge most government scrutiny. Traditionally, regulators have focused on antitrust lawsuits […]
Read More
Apple’s Revamped App Store in Europe: Adapting to New Digital Legislation
Apple, in response to new E.U. regulations, is loosening its hold on the App Store to comply with a competition law taking effect on March 7. This will allow users in the 27-nation bloc to use alternative app stores and payment methods on their iPhones and iPads. The shift stems from a 2022 law passed […]
Read More
Elon Musk’s Unchecked Election Misinformation Runs Rampant on X Platform
In the spring of 2020, President Donald J. Trump used Twitter to issue warnings about the increased use of mail-in ballots, claiming it would lead to a “rigged election.” The platform responded by debunking his claims, providing an article that detailed how mail-in ballots were not linked to voter fraud, despite what Trump said. However, […]
Read More
Microsoft Streamlines Video Game Division with 1,900 Job Cuts
Microsoft announced Thursday that it will cut 1,900 jobs in its video game division, which includes Activision Blizzard. The staff memo from Phil Spencer, head of Microsoft Gaming, stated that the job cuts will affect the video game giant Activision and will amount to nearly 9 percent of Microsoft’s 22,000-person video game team. Spencer also […]
Read More