Apple has taken the unusual step of filing a response to a lawsuit that hasn’t even been formally served. The tech giant accuses Fintiv of delaying tactics in what it calls a “frivolous and meritless” case over Apple Pay technology.
Reddit has launched a major legal offensive against Perplexity AI, alleging the company engaged in systematic data theft through scraping intermediaries. The lawsuit employs dramatic analogies comparing data providers to “would-be bank robbers” and could set crucial precedents for AI data rights.
Reddit has escalated the ongoing battle over AI training data with a federal lawsuit against Perplexity AI, accusing the company of orchestrating what sources describe as an industrial-scale scheme to illegally scrape and profit from its content. According to court documents filed in New York federal court, the social media platform alleges Perplexity turned to data-scraping service providers after being explicitly told to stop accessing Reddit’s content directly.
Reddit has launched legal action against AI company Perplexity and three data scraping firms, accusing them of an industrial-scale scheme to illegally harvest platform content. The lawsuit claims the companies worked together to circumvent Reddit’s anti-scraping measures to fuel AI products. This marks the latest in Reddit’s legal battles to control how its data is used by artificial intelligence companies.
Reddit has filed a lawsuit against artificial intelligence laboratory Perplexity and three data scraping companies, accusing them of what sources describe as an “industrial-scale” scheme to illegally harvest the social media platform’s content. According to court documents filed in the Southern District of New York, the defendants allegedly collaborated to bypass Reddit’s data protections to steal copyrighted user conversations for training and fueling AI products.
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Investor confidence in regional banks weakened significantly as Zions Bancorp reported substantial charge-offs and Western Alliance pursued legal action against a borrower. The banking sector’s challenges contributed to broader market declines, with major indices closing lower despite early gains.
Renewed questions about the health of regional banks weighed heavily on investor sentiment Thursday, according to market reports. The KBW Nasdaq Regional Banking index reportedly slid more than 6% as multiple institutions faced challenges, with analysts suggesting the sector may be entering another period of uncertainty.
Cumulus Media, one of America’s largest radio networks, has initiated legal action against Nielsen over alleged anticompetitive practices in radio audience ratings. The lawsuit claims Nielsen illegally ties national ratings access to costly local data purchases. Nielsen has called the lawsuit “entirely without merit.”
Radio broadcasting network Cumulus Media has filed a federal lawsuit against Nielsen Holdings, accusing the ratings measurement company of illegally leveraging its market dominance to stifle competition and charge inflated prices, according to reports filed in Manhattan federal court.
US Banking Sector Jitters Send Shockwaves Through Global Markets Global financial markets experienced significant turbulence this week as concerns about…
In a landmark funding round, global payroll and compliance platform Deel has secured $300 million in fresh capital, catapulting its…
Abbott Laboratories Q3 earnings disappoint investors again Shares of Abbott Laboratories declined 3% following another underwhelming quarterly performance, with revenue…
