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As artificial intelligence (AI) continues to be pervasive in global industries, the music industry has been receptive to its transformative capabilities while remaining cautious about the risks to artists. In a recent survey released by the private music studio house Pirate, 53% of respondents said they had “concerns about how their audience
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The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday. Source
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The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs to consumers.According to an Aug. 2 Semafor report citing people familiar with the matter, Justice Department officials are concerned about an indictment against Binance causing a run on the exchange
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"We're not concerned with the labels. We're concerned with the offerings, the labels are not important to us," Grewal said. "The technology is important. What's underneath the hood, because when we look underneath the hood, when we kick the tires, we've seen plenty ... DeFi [decentralized finance] offers that are
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Newly released documents showing edits that were made to a 2018 speech given by former director of the Security and Exchange Commission’s (SEC) corporate finance division Bill Hinman suggest the editors were concerned his statement might undermine the idea that Ether (ETH) is a security. This could risk locking the agency
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According to a critique written by a senior software engineer at Google, the company’s artificial intelligence (AI) development is threatened by the open-source community. The engineer contends that independent researchers in open-source technology are making swift and unforeseen strides in AI technology. In early April, software engineer Luke Sernau published a document on
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“I think that given the events of the last fall, we were very mindful of the need to implement a lot of the safeguards that were called for in the FSOC reports, things like segregating customer assets, getting additional visibility into vertically integrated firms, cracking down conflicts of interest, addressing
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Apple stock has declined approximately 26 percent and 13 percent in the past twelve months and three months respectively.Apple Inc (NASDAQ: AAPL) shares closed Tuesday, December 27, trading at $130.03, down 1.39 percent from the day’s opening price. The decline continued during the after-hours, whereby AAPL shares exchanged about $129.50
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Two U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns that the agency is trying to enact too many rules, too quickly.” ‘SEC Is Enacting Rules Without Sufficient Feedback’ U.S. Senator Pat
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Crypto lending platform Celsius filed for Chapter 11 bankruptcy on July 13, 2022. Although the Celsius case involves digital assets, it remains subject to United States Bankruptcy Code under the Bankruptcy Court for the Southern District of New York. While this may be, a series of unusual events have ensued since
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