Sony Music Entertainment has filed another lawsuit against Udio, accusing the AI music generator of infringing the copyright of more than 30,000 of its songs, ranging from Elvis Presley’s Hound Dog to Beyoncé’s Say My Name, and Harry Styles’ As It Was. The lawsuit, filed in a New York court on Monday, claims that this…
FTX has about $900 million lined up for July 31, but the payout only reaches creditors who cleared the June 16 checks and completed onboarding with an available provider. FTX announced that holders of allowed claims in Classes 5A, 5B, 6A, 6B and 7 who met those conditions should receive funds from BitGo, Kraken or…
The Van Rossem hard fork moved Cardano to version 11 on Saturday. And for the first time, Cardano’s community voted in the upgrade, not the company that built it. Source: www.coindesk.com Read Full Story
For the third quarter in the past year, Mexico-based companies raised more venture capital in Q2 than their Brazilian counterparts, Crunchbase data on startup funding in Latin America shows, as Silicon Valley investors including Founders Fund and Andreessen Horowitz (a16z) led some of the largest deals in the region. Mexico’s startups led the LatAm pack…
Oil just broke $90. Brent crude climbed more than 3% on Monday to its highest level since mid-June, as the US-Iran war chokes shipping through the Strait of Hormuz. The US hit Iran for an eighth straight night over the weekend. Washington has blockaded Iranian ports, and Tehran says the strait is closed to unauthorized…
The prediction market has launched some ads featuring soccer players, as well as formed a partnership to display its brand in more places during the tournament. Source: www.cnbc.com Read Full Story
The enterprise technology ecosystem is caught in a costly cycle. Over the past two years, millions of dollars have been funneled into generative AI pilots, yet many of these initiatives stall out before ever reaching a live production environment. When a project fails, the immediate instinct of technical leadership is often to blame the model:…
Chinese company Moonshot AI released a new version of its Kimi model this week, prompting concern about “full AI communism.” Source: techcrunch.com Read Full Story
OpenAI’s GPT-5.6 Sol or Anthropic’s Claude Fable 5: Which one is right for you? The answer depends on your needs. Here’s our review. Source: decrypt.co Read Full Story
The window is almost shut. On August 19, eight startups will take the stage at Stripe Tour Sydney in front of investors, global press, and the Australian tech community. One startup walks away with automatic entry into TechCrunch Disrupt in San Francisco — no application, no further competition, a guaranteed spot on the world’s most…