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Don’t Train AI On Our Content And Artists, Sony Warns AI Companies

By Shivani Kumaresan
May 16, 2:18 PM
Sony Music Group, one of the world's largest record labels, has issued a stark warning to AI companies and music streaming services. Sony prohibits any text or data mining, web scraping, or similar uses of its content for AI training or development. Representing artists like Lil Nas X and Celine Dion, Sony aims to protect intellectual property and ensure rightful compensation, urging over 700 companies to refrain from unauthorized use.

SONY

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Dow Jones Hits 40,000, Chinese Tech Stocks Jump To 15-Month Highs, Bloodbath On Meme Stocks: What’s Driving Markets Thursday?

By Piero Cingari
May 16, 1:44 PM
U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.

AMAT

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Nvidia Set for Major Growth with Increased Data Center Spending and Expanding AI Demand, Analysts Say

By Anusuya Lahiri
May 16, 12:40 PM
Wedbush's Matt Bryson reiterated Outperform rating & $1,000 price target for Nvidia, citing robust demand for HBM & SSDs. Piper Sandler's Harsh Kumar maintained Overweight rating & $1,050 PT, expecting another strong quarter. Citi's Atif Malik predicts in-line Q1 sales & higher Q2 sales. All analysts bullish on Nvidia's growth potential.

NVDA

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Meta Faces EU Investigation Over Child Safety Concerns: Report

By Shivani Kumaresan
May 16, 11:52 AM
Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, is under EU scrutiny for potential violations of child safety rules under the Digital Services Act (DSA). The European Commission's in-depth probe highlights concerns about Meta's content algorithms and age verification methods, fearing exposure to harmful content. Meta maintains its commitment to child safety, emphasizing its extensive tools and policies for online protection.

META