Category: finance
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U.S. Congress Seeks Testimony from Australia’s Internet Regulator Over Free Speech Concerns
The U.S. House Judiciary Committee has formally requested testimony from Australia’s eSafety Commissioner, Julie Inman Grant, regarding the country’s online safety laws and their potential impact on free speech in the United States. The request, issued in a letter dated November 18, targets Grant’s enforcement of the Online Safety Act (OSA) and her participation in
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Warner Music Group Settles Copyright Case with Udio, Announces AI Song Creation Platform
Warner Music Group (WMG) has reached a settlement with AI company Udio LLC over copyright infringement claims and announced plans to launch a new AI-powered song creation platform by 2026. The agreement allows Udio to use licensed and authorized music to train its AI models, creating new opportunities for artists and songwriters while safeguarding their
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FCC Reviews Network-Affiliate Agreements Following Trump Criticism of ABC
The Federal Communications Commission (FCC) has launched a review of agreements between national television networks and local broadcast stations, following criticism from former President Donald Trump of ABC News. The move comes amid ongoing debates over network control, affiliate rights, and media accountability in the United States. Trump recently suggested that the FCC should consider
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Major Music Labels License Catalogs to AI-Powered Streaming Startup Klay
In a groundbreaking move for the music industry, Universal Music Group (UMG), Sony Music, and Warner Music Group have all licensed their music catalogs to Klay, an AI-powered music streaming startup, according to Bloomberg News. This milestone makes Klay the first AI music platform to secure licensing agreements with all three major labels, providing the
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Google Opens Taiwan AI Engineering Centre, Cementing Island’s Role in Global Tech Ecosystem
Alphabet Inc. (NASDAQ: GOOGL) officially inaugurated its largest AI infrastructure hardware engineering centre outside the U.S. in Taipei, Taiwan, on Thursday. The launch signals a strong vote of confidence in Taiwan as a trusted and secure technology partner, particularly amid escalating geopolitical tensions in the Asia-Pacific region. Taiwan is home to TSMC, the world’s largest
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Nvidia CEO Sees AI Transformation as Tipping Point, Skeptics Warn of Risks
Nvidia Corporation (NASDAQ: NVDA) CEO Jensen Huang has dismissed market concerns of an artificial intelligence (AI) bubble, instead describing the current moment as a tipping point in AI technology adoption. Huang envisions a world where Nvidia’s high-powered chipsets underpin not only traditional computing but also new AI applications across software, robotics, and everyday devices. However,
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Nvidia Earnings Spark Tech Stock Rally Across Asia
Technology stocks in Asia surged on Thursday after Nvidia’s (NASDAQ: NVDA) impressive earnings report and strong fourth-quarter forecast provided a major boost to investor sentiment. The chipmaker’s results eased concerns about a potential AI bubble, sparking a rally in tech shares that has helped global stock indexes reach record highs this year. Nvidia’s Stellar Earnings
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Google Launches Taiwan AI Engineering Centre, Strengthening U.S.-Taiwan Tech Ties
Alphabet Inc.’s Google (NASDAQ: GOOGL) officially inaugurated its new AI infrastructure hardware engineering centre in Taiwan on Thursday, marking the company’s largest engineering facility outside of the United States. The opening underscores Taiwan’s growing importance as a trusted technology partner in the global AI ecosystem, particularly amid rising geopolitical tensions in the region. Taiwan’s Strategic
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Nvidia’s Impressive Forecast Eases AI Bubble Concerns Amid Market Volatility
Nvidia Corporation (NASDAQ: NVDA), the world’s leading chipmaker, has once again captured the attention of investors and analysts alike, with its strong third-quarter earnings report and an upbeat forecast for the fourth quarter of fiscal 2025. In a market closely watching the rapid expansion of artificial intelligence (AI) technologies, Nvidia’s performance has temporarily calmed fears
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Bitcoin Falls Below $90,000, Erasing All 2025 Gains Amid Market Risk Aversion
Bitcoin has slipped below $90,000 for the first time in seven months, erasing all of its gains for 2025 and highlighting waning investor appetite for risk in global financial markets. The cryptocurrency began a modest rebound on Tuesday as US markets opened, but the previous day’s sharp decline underscored ongoing volatility in the crypto sector.
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