Legal & Regulatory

OpenAI Sets Up Security and Safety Committee, Begins Development of 'Next Frontier Model'

OpenAI is establishing a safety and security committee and has started training a new AI model to replace GPT-4, enhancing its commitment to AI safety and advancing toward AGI.

Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs

Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country...

EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance

The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT...

Bungie Wins Lawsuit vs. Cheatmaker Site AimJunkies

The jury of a US district court in Seattle found Phoenix Digital, the company behind the cheat maker website AimJunkies, guilty of violating the copyrights of gaming studio Bungie after it created che..

Latest News

SNAP Benefis 2024: Washington Unveils SUN Bucks Program: 500,000+ Children to Receive Summer Food Aid
Washington's SUN Bucks program, an extension of SNAP benefits, will provide $120 in food assistance to over 500,000 children during the summer months.
Social Security Income Payments to Jump by $60 Monthly in 2025 Amid Persistent Inflation
Social Security recipients are projected to receive an additional $60 per month in 2025, with benefits rising by approximately 3.2 percent due to persistent inflation, according to new estimates.
US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report
The Federal Reserve and two other US regulators are reportedly considering a new plan to reduce a nearly 20% mandated increase in capital for the country's largest banks.
Earned Income Tax Credit Eligibility: Why You May Not Qualify and Steps to Become Eligible
Overcoming common barriers such as income limits and filing status can enable individuals to qualify for the Earned Income Tax Credit (EITC)
Student Loan Forgiveness Deadline Extended by Biden Administration; Here's What You Should Know!
The Biden administration has extended a vital deadline for student loan borrowers seeking debt relief, pushing the deadline for loan consolidation to June 30.
South Korea's Financial Watchdog Discusses Corporate Reform in New York
South Korea's financial regulator assured investors in New York of the government's dedication to corporate reform.
EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report
The EU has sought for more information about Microsoft's risk report on its generative AI tools.
Alabama Mercedes-Benz Workers Vote 'No' to Unionization, a Tough Loss for the UAW
Mercedes-Benz workers in Alabama have voted against joining the United Auto Workers (UAW).
Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers
Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.
Chinese Nationals Accused of $73 Million Pig Butchering Crypto Scam Gets Arrested—DOJ Shares Details
Some Chinese nationals who are accused of a million-dollar pig butcher crypto scam were arrested. Here's what the Department of Justice announced.
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