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Artists suing Midjourney and DeviantArt for copyright infringement have had big chunks of their case dismissed by a US District Judge. According to The Hollywood Reporter's interpretation of the judge's comments, "among the issues are whether the AI systems they run on actually contain copies of copyrighted images that were used to create infringing works and if the artists can substantiate infringement in the absence of identical material created by the AI tools". However, the part of the artist's case that claimed Stable Diffusion was trained on their copyrighted images without their permission was allowed to proceed. The same legal team is also suing GitHub, Microsoft an OpenAI on behalf of developers facing the same issue as the artists as their code is sucked into an algorithm without their permission.
Remember in 2020 when SolarWinds fucked up so badly that it led to a full on breach of the US federal government's internal communications by Russian state sponsored hackers? You know it was bad when your mistakes get their own Wikipedia article. Well the CISO of SolarWinds at the time has been charged by the US SEC for "fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities", who allege "from at least its October 2018 initial public offering through at least its December 2020 announcement that it was the target of a massive, nearly two-year long cyberattack, dubbed 'SUNBURST,' SolarWinds and Brown defrauded investors by overstating SolarWinds' cybersecurity practices and understating or failing to disclose known risks". Note that it's not the attack itself the CISO is in trouble for, but the covering up and failure to handle it properly that the SEC has a beef with.
Two articles from the AFR in the last few days about Brisbane based EV charger company Tritium shitting the financial bed. Their IPO on the NASDAQ saw them valued at A$2b just two years ago but today they're worth only A$59m. That's a huge drop in value considering the massive demand for their products. Things are so bad that that Tritium is asking the QLD government for a $90m "equity injection", which if it doesn't get, runs the risk of whoever does provide them with that $90m demanding they shut down their Brisbane HQ and factory to run the entire business out of the USA where most of their demand is. The articles don't go into much detail as to why Tritium is in such bad shape, only detailing that gross margin is -2%, "a clear sign that costs exceeded sales".
Air France Concorde on display in the Boeing Aviation Hangar at the Steven F. Udvar-Hazy Center in Chantilly, Virginia. (Smithsonian National Air and Space Museum / Flickr)
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