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(MENAFN – The Jordan Times) SAN FRANCISCO – Several of the world’s major music labels are suing generative music services Suno and Udio, accusing the two startups of infringing the copyrights of top artists and training their generative AI engines without permission.Record companies including Sony Music Entertainment, Warner Records and Capitol Records filed copyright infringement lawsuits in federal courts in Boston and New York on Monday, seeking damages of up to $150,000 per song or a portion of their profits.”Unlicensed services like Suno and Udio claim it’s ‘fair’ to copy an artist’s lifetime work and exploit it for their own…
Since October 7, Iran-fueled Hezbollah has intensified cross-border clashes with Israel, while its leader, Hassan Nasrallah, has stepped up frightening rhetoric predicting Armageddon if Israel launches all-out war.But the truth is that Iran/Hezbollah doesn’t want any more than that. They have good strategic reasons not to engage in formal armed conflict. So their tactic has been to step up provocations, to provoke Israel into fighting back and spark a war.Iran learned its lesson from its overwhelming failure to counter Israeli defenses on April 13. In its first-ever direct aerial attack, Iran launched 170 drones, more than 30 cruise missiles,…
Markets defy gravity, some cooling expectedThis week was an exceptional one for bulls as the market hit a new milestone. Last week started negatively on Monday, with the price testing the previous week’s low. However, bulls saw this as an opportunity and pushed the price higher. The price continued to rise for four consecutive sessions, surpassing the 24000 level for the first time. On Friday, the market started positive and reached a new high of 24174, but profit taking came in the second half and the price closed just above 24000, bringing the weekly gain to over 2%.With all the…
The role of AI in shaping the future of startupsGetty Not long ago, Artificial Intelligence (AI) was considered a distant, futuristic concept relegated to the world of movies. Today, AI is globally recognized as a force that is transforming industries around the world at an incredible speed. AI is a game-changing technology that offers unprecedented opportunities and advantages for startups. Looking to the future, the role of AI in startups holds great potential to disrupt industries in unprecedented ways. According to a report from Exploding Topics, most companies (77%) are currently considering or actively using some form of AI in…
Down icon An icon in the shape of a downward angle. According to Reuters, Boeing plans to buy back Spirit Aero, a maker of parts for the 737 and 787 jets, in an all-stock deal worth $4.7 billion. Patrick T. Fallon/Getty Images According to Reuters, Boeing plans to buy back Spirit Aero, a manufacturer of parts for the 737 and 787 jets.The $4.7 billion all-stock acquisition is expected to be officially announced on Monday, the media outlet said.The deal will bring Spirit Aero back into the Boeing family and should help boost the company’s aircraft production. Boeing plans to buy…
Hall-Long Highlights Historic Investments, Action for Delawareans – State of Delaware News NEWS FEED Hall-Long Highlights Historic Investments, Action for Delawareans Date Posted: June 30, 2024 Governor Carney Shares Highlights from the Legislative Session Date Posted: June 30, 2024 Governor Carney’s Statement on the Delaware Supreme Court RulingDate Posted: June 28, 2024 In unanimous ruling, Court sides with Jennings on voting rightsDate Posted: June 28, 2024 Governor Carney’s Statement on House Bill 282Date Posted: June 27, 2024 AG Jennings’ statement on Supreme Court ruling in Harrington v. Purdue PharmaDate Posted: June 27, 2024 Delaware Rare Disease Advisory Council Hosts First MeetingDate Posted:…
Shortly after President Biden walked off the stage in the early hours of Friday morning following his disastrous debate performance, his campaign chair Jen O’Malley Dillon acknowledged in a series of private calls with prominent allies that the night’s debate hadn’t gone well but urged them not to overreact.Senior White House aides were on the phone late Friday, with Biden’s chief of staff, Jeff Zients, calling Senate Democratic leader Chuck Schumer to check in, a person familiar with the call said. And by the afternoon, the Biden campaign had turned its weekly all-staff call into a virtual pep rally to…
Private equity and venture capital funding into Indian startups surged in June to its highest monthly investment volume in two years, fuelled by an increase in growth-stage deals, bringing optimism to a gloomy fundraising environment for a new generation of technology companies. Indian startups recorded $1.6 billion in 62 private equity and venture capital deals in June, according to data from analytics firm Venture Intelligence. The last time monthly investments topped that figure was in June 2022, when investors poured $2.5 billion into 116 deals. Of June’s total fundraising, $1.06 billion came from growth-stage deals, with quick commerce company Zepto…
Latest Market News for Today Live Updates: Check out today’s market roundup! Track the Nifty 50 and Sensex movements and top gainers and losers. See how Asian and US markets performed and which sectors led the way (or down). In a nutshell: Follow Mint’s Market Blog for real-time updates on your favourite companies. This blog brings you all the latest news on Dalal Street and global markets.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. July 1, 2024, 8:00 AM Today’s Stock Market Update: Maintaining capital gains tax status quo boosts investor confidence Manish…
Aether Fuels, a global advanced climate technology company, announced it has secured $34 million in Series A funding from a syndicate of global investors. The round was led by AP Ventures, with participation from Chevron Technology Ventures, CDP Venture Capital and Zeon Ventures, the company said in a statement last Friday. Series Seed lead investor Xora Innovation also participated, along with other existing investors TechEnergy Ventures, Doral Energy-Tech Ventures, Foothill Ventures and JetBlue Ventures. Aether Fuels was founded in 2022 as a spin-out from Xora Innovation, Temasek’s deep tech early-stage investment platform. Aether plans to use the funding to accelerate…