By Blake Brittain (Reuters) – Tesla Inc has settled a lawsuit against one of its former engineers, Alexander Yatskov, whom it accused of stealing trade secrets related to its AI-training supercomputer Dojo, according to a filing on Wednesday in San Francisco federal court. The joint filing said the terms of the settlement were confidential but…
By Dave Sherwood and Nelson Acosta HAVANA (Reuters) -Cuban lawmakers on Wednesday easily re-elected Miguel Diaz-Canel as president for a second term as the country faces one of the biggest social and economic crisis since Fidel Castro’s 1959 revolution. Diaz-Canel, leader of the Communist Party – the country’s only recognized political movement – won a…
By Blake Brittain (Reuters) – Stability AI, Midjourney, and DeviantArt fired back Tuesday at a group of artists who accused them of committing mass copyright infringement by using the artists’ work in generative AI systems. The companies asked a San Francisco federal court to dismiss the artists’ proposed class action lawsuit, arguing that the AI-created…
By Andrew Chung WASHINGTON (Reuters) -U.S. Supreme Court Justice Samuel Alito on Wednesday extended by two days a temporary block on limits set by lower courts on access to the abortion pill mifepristone in a challenge by anti-abortion groups to the drug’s federal regulatory approval. The decision to keep the matter on hold gives the…
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday that after the failure of two large regional Fed banks last month roiled the financial sector, he is waiting to see “whether there are other credit shoes to drop.” “Not in the crisis sense, but in the how much squeezing is going to…
-Bed Bath & Beyond Inc is preparing to file for bankruptcy as early as this weekend, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Shares of the company tumbled nearly 23% to 38 cents in after hours trading. They are down about 86% since the company said in January that…
NEW YORK/WASHINGTON (Reuters) – A former employee at the U.S. Consumer Financial Protection Bureau (CFPB) sent confidential records relating to hundreds of thousands of consumers and several financial institutions to their personal email account, the agency said on Wednesday. The bureau found personally identifiable information relating to customers of seven institutions that had been forwarded…
By Doyinsola Oladipo NEW YORK (Reuters) -Las Vegas Sands Corp on Wednesday reported quarterly revenue that surpassed Wall Street estimates as March visitation levels accelerated gaming volumes, retail sales and hotel occupancy. The Las Vegas-based casino operator said traffic is rebounding in Singapore and Macao, and it expects further improvement in travel and tourism spending…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Stocks may be treading water as investors digest a mixed flow of U.S. earnings and red hot UK inflation is pushing up global bond yields, but investors in Asia with a glass half full outlook on Thursday might…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Stocks may be treading water as investors digest a mixed flow of U.S. earnings and red hot UK inflation is pushing up global bond yields, but investors in Asia with a glass half full outlook on Thursday might…
