media - CybAI news

07 Aug

Philippine Fintech GCash Still Eyeing IPO After MUFG Investment

stp2y0 CommentsRAG modelsAYALA CORPORATION, Ernest Lawrence Cu, fintech, GLOBE TELECOM INC, IPOs, Martha Sazon, media, MITSUBISHI UFJ FINANCIAL GRO, Philippines, Technology, Valuation

The Philippines’ top mobile payments provider GCash is still keen on going public after its latest investment round pushed the fintech company’s valuation to $5 billion.“We recognize that the new round of investments further strengthens Mynt’s ability and position coming into an IPO,” Globe Fintech Innovations Inc. CEO Martha Sazon said Wednesday. Globe Fintech, or Mynt, is the parent of GCash and the entity that will do the initial public offering. Source link lol

06 Aug

Fox-Warner-Disney Sports Streamer Should Be Blocked, Fubo Argues

stp2y0 CommentsRAG modelsAMAZON.COM INC, entertainment, FOX CORP - CLASS A, Manhattan, media, National Collegiate Athletic Association, NATIONAL FOOTBALL LEAGUE, sports, Streaming Services, Technology, WALT DISNEY CO/THE

Fox Corp., Warner Bros. Discovery Inc. and Walt Disney Co. should be barred from forming a joint sports streaming service because it would drive away competitors and force consumers to pay higher prices to watch live events, FuboTV Inc. told a federal judge.Fubo sued the companies in February, arguing the venture would block competitors from offering a product with a package of sports channels only. Fubo claims the three are leveraging their control of the rights to coveted leagues to force rivals to license and distribute dozens of less popular general entertainment channels, if those competitors want to carry networks…

30 Jul

Zombie Alt-Weeklies Are Stuffed With AI Slop About OnlyFans

stp2y0 CommentsRAG modelsadvertising, media, news, porn, social media

Several of the most prominent alt-weekly newspapers in the United States are running search-engine-optimized listicles about porn performers, which appear to be AI-generated, alongside their editorial content.If you pull up the homepage for the Village Voice on your phone, for example, you’ll see reporting from freelancers—longtime columnist Michael Musto still files occasionally—as well as archival work from big-name former writers like Pulitzer Prize-winning music critic Greg Tate. You’ll also see a tab on its drop-down menu labeled “OnlyFans.” Clicking on it pulls up a catalog of listicles ranking different types of pornographic performers by demographic, from “Turkish” to “incest” to…

29 Jul

US IPO Market to Slow After Lineage, With Quiet Summer Ahead

stp2y0 CommentsRAG modelsAmericas, BARCLAYS PLC, Equity Capital Markets, IPOs, KKR & CO INC, labor, LINEAGE INC, Markets, media, NASDAQ INC, Software Company, Technology

The pricing of Lineage Inc.’s $4.4 billion first-time share sale helped make last week into the busiest for US initial public offerings in two and a half years. That excitement will be short-lived, according to bankers, who predict the rest of the summer will be more subdued.There was $6.1 billion worth of IPO activity in the US last week, according to data compiled by Bloomberg. Levels were boosted by temperature-controlled storage giant Lineage’s upsized offering and KKR & Co.-backed software company OneStream Inc.’s pricing above its marketed range to raise $490 million. Source link lol

05 Jul

Epic Games Lashes Out at Apple Over App Store Rejection

stp2y0 CommentsRAG modelsapple, game|life, laws, media

Fortnite maker Epic Games publicly lashed out at Apple on Friday, after its latest proposal for a rival iOS App Store was rejected by the smartphone maker. The company said on X that this rejection was triggered after Apple argued the design of Epic’s app store too closely resembled its own.This decision follows Epic’s attempt to submit an iOS version of the Epic Games Store last week, a move that would make it possible for iPhone and iPad users to download games onto their device without visiting Apple’s App Store.“Apple's rejection is arbitrary, obstructive, and in violation of the DMA…

28 Jun

Quora’s Chatbot Platform Poe Allows Users to Download Paywalled Articles on Demand

stp2y0 CommentsGenAIartificial intelligence, copyright, intellectual property, media

Poe, an AI chatbot platform owned by the question-and-answer site Quora and backed by a $75 million Andreessen Horowitz investment, is providing users with downloadable HTML files of articles published by paywalled journalistic outlets.Prompting the service’s Assistant bot with the URL of this WIRED story about the AI-powered search service Perplexity plagiarizing one of our stories, for example, yields a detailed, 235-word summary and a 1-MB file containing an HTML capture of the entire article, which users can download from Poe’s servers directly from the chatbot.WIRED was similarly able to retrieve articles from paywalled sites including The New York Times,…

11 Jun

Danish Media Threatens to Sue OpenAI

stp2y0 CommentsRAG modelsartificial intelligence, intellectual property, media, openai

In the latest battle between AI and the media, major Danish newspapers and TV stations are threatening to sue OpenAI unless the company compensates the country’s press for allegedly using their content to train its models.“We want remuneration for our work [which] they have used to train their model,” says Karen Rønde, CEO of the Danish Press Publications’ Collective Management Organization (DPCMO), which represents 99 percent of Danish media outlets, including state broadcaster DR and TV 2. Rønde says the DPCMO plans to sue if a deal is not reached in the next year.AI has created a new front in…