OMGFIN Daily News

Microsoft and OpenAI Face Lawsuit Over Alleged Copyright Infringement in AI Model Training
Microsoft and OpenAI are facing a lawsuit filed by author and reporter Julian Sancton, who accuses the companies of improperly using nonfiction authors'...
Thu, 23 Nov, 2023 at 12:28 AM
FTC Streamlines Investigation Process for Unlawful AI Use
The Federal Trade Commission (FTC) in the United States has unanimously approved a measure to streamline its staff's ability to issue civil investigativ...
Thu, 23 Nov, 2023 at 12:30 AM
OpenAI Reverses Decision: Sam Altman to Return as CEO Amidst Employee Uproar
In a surprising turn of events, OpenAI has announced an agreement in principle for Sam Altman to return as CEO, just two days after Microsoft CEO Satya Nade...
Thu, 23 Nov, 2023 at 12:32 AM
Italian Data Protection Authority Launches Investigation to Curb AI Data Scraping Practices
The Italian Data Protection Authority has initiated a "fact-finding" investigation to scrutinize the security practices of public and private webs...
Fri, 24 Nov, 2023 at 12:05 AM
BlackRock and Nasdaq Discuss Spot Bitcoin ETF Listing With SEC Officials
Representatives from BlackRock and Nasdaq met with the United States Securities and Exchange Commission (SEC) to discuss the proposed rule allowing the list...
Fri, 24 Nov, 2023 at 12:09 AM
Congressman Urges Passage of Bill to Fire SEC Chairman Gensler Following Second Lawsuit Against Kraken"
U.S. Congressman Warren Davidson has called on Congress to pass his SEC Stabilization Act, seeking to fire U.S. Securities and Exchange Commission (SEC) Cha...
Fri, 24 Nov, 2023 at 12:13 AM
UK Financial Regulator Backs Tokenization Blueprint for Asset Management Firms
The United Kingdom's financial regulator has given its stamp of approval to a groundbreaking model aimed at facilitating the tokenization of funds withi...
Sat, 25 Nov, 2023 at 2:07 AM
Interactive Brokers Hong Kong Secures Approval for Virtual Asset Trading by Retail Clients
Interactive Brokers Hong Kong has been granted a license for virtual asset trading by retail clients in Hong Kong, marking a significant development in the ...
Sat, 25 Nov, 2023 at 2:08 AM
India Accelerates Efforts to Regulate Deepfakes Amid Growing Global Concerns
India's Minister for Railways, Communications, Electronics, and Information Technology, Ashwini Vaishnaw, is actively working with stakeholders to final...
Sat, 25 Nov, 2023 at 2:12 AM
Ethereum Co-founder Vitalik Buterin Issues Stark Warning: "Even Mars May Not Be Safe" from Superintelligent AI Threat
Vitalik Buterin, co-founder of Ethereum, has raised concerns about the potential dangers of superintelligent AI, cautioning that if left unchecked, it could...
Tue, 28 Nov, 2023 at 12:33 AM