Universal Music’s battle against chatbots continued Wednesday (Oct. 18) as it sued Anthropic. The lawsuit against the Google-backed artificial intelligence (AI) startup filed by Universal and two other labels alleges that Anthropic scrapes the record companies’ artists’ songs without consent, using them to create “identical or nearly...
In the 11th day of Sam Bankman-Fried’s criminal trial, the prosecution brought out an accountant. University of Notre Dame Professor Peter Easton, a forensic accountant, was called to the witness stand on Wednesday (Oct. 18) to detail to the jury what, in his analysis, exactly...
Sam Bankman-Fried’s multibillion-dollar criminal financial fraud trial is nearing its halfway point. And Nishad Singh, the former engineering director at the since-imploded FTX cryptocurrency exchange, wilted somewhat under cross-examination on Tuesday (Oct. 17), the second and final day of his witness testimony in the trial...
One billion dollars is a lot of money to spend. But it reportedly took FTX’s 31-year-old co-founder and former CEO, Sam Bankman-Fried, barely two years to burn through more than that 10-figure amount on celebrity endorsements and sponsorship deals for his failed cryptocurrency exchange. Only...
Disgraced FTX CEO Sam Bankman-Fried pleaded for access to his long-release Adderall in a late-night plea to U.S. District Judge Lewis Kaplan Sunday, per a CNBC report Monday (Oct. 16). The controversial trial, which is ongoing in federal court in New York, stands to decide the future...
The government is creating a clear narrative in the Sam Bankman-Fried case: He ran the ship, he called shots, and he is responsible for stealing and losing the money. At the end of the second week of the 31-year-old accused fraudster’s criminal trial, the prosecution...
The biblical hero Samson and modern anti-hero Sam Bankman-Fried have more in common than expected. For one, they both considered their hair to be key to their superpowers — and two, they were both ultimately betrayed by their lovers. Federal criminal and former crypto trading firm...
TikTok is scheduled to present arguments before a federal judge Thursday (Oct. 12), aiming to get a preliminary injunction against a Montana ban on its app that is to take effect at the beginning of the year. The social media platform, which is owned by...
It was tears, not fireworks, for Caroline Ellison’s second day of testimony Wednesday (Oct. 11). The former Alameda Research CEO fought back sobs describing to the courtroom her “state of mind” when discovering that Alameda would be unable to repay the billions of dollars it...
