Microsoft was hit on Tuesday in US court with a private consumer lawsuit claiming the technology company’s $69 billion (roughly Rs. 5,71,200 crore) bid to purchase Call of Duty maker Activision Blizzard will unlawfully squelch competition in the video game industry. The complaint filed in federal court in California comes about two weeks after the … Read more
Just a week after Coinbase reported a spike in its first quarter revenue, the exchange has found itself embroiled in a lawsuit. A group of six users of the exchange have alleged in a lawsuit that Coinbase, under its CEO Brian Armstrong, are violating state securities laws and deceiving users by claiming that the exchange … Read more
ChatGPT creator OpenAI is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit seeking class action status. OpenAI has violated privacy laws by secretly scraping 300 billion words from the internet, tapping “books, articles, websites and posts — … Read more
Two US authors sued OpenAI in San Francisco federal court on Wednesday, claiming in a proposed class action that the company misused their works to “train” its popular generative artificial-intelligence system ChatGPT. Massachusetts-based writers Paul Tremblay and Mona Awad said ChatGPT mined data copied from thousands of books without permission, infringing the authors’ copyrights. Matthew … Read more
Australia appears to be auditing the operations of crypto exchanges to protect its citizens from financial risks. In a recent development, Binance has come under legal scrutiny for misclassifying 505 retail investors. This follows a legal challenge against Kraken just days earlier. Both Kraken and Binance are facing lawsuits from the Australian Securities and Investments … Read more
Apple has been sued by consumers who said its claim that three versions of Apple Watches are “carbon neutral” and environmentally friendly is false and misleading. In a complaint filed on Wednesday in San Jose, California federal court, seven purchasers of the green-tagged Apple Watch Series 9, SE and Ultra 2 said they would not … Read more
Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative Artificial Intelligence (AI) models. According to a proposed class action filed on Tuesday night on behalf of millions of LinkedIn Premium customers, LinkedIn quietly introduced a privacy setting … Read more
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in … Read more