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Federal judge holds back on Anthropic’s $1.5bn author settlement

A federal judge in San Francisco wanted more detail on lawyers’ fees and lead-plaintiff payments before signing off on what would be the largest copyright settlement in US history. A federal judge in San Francisco declined on Thursday to give final approval to Anthropic’s proposed $1.5bn settlement with authors who say the company trained its […]

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Samsung offers to talk; the union says June, after the strike

The company dropped its preconditions on Friday. The NSEU said it would hear new offers from 7 June, three days after the planned 18-day walkout ends. Samsung Electronics asked its largest union on Friday to come back to the bargaining table without conditions. The union said yes, eventually. Talks could resume on 7 June, the […]

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Chip export controls were not a major topic in Beijing, US Trade Rep Greer says

Greer told Bloomberg TV the bilateral did not address chip controls, even as Reuters reported the Trump administration cleared Nvidia H200 sales to several Chinese firms after the Xi meeting. Semiconductor export controls were not a major topic at this week’s US-China bilateral meetings in Beijing, US Trade Representative Jamieson Greer told Bloomberg TV on […]

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Jury deliberations to begin in OpenAI nonprofit trial after Musk skips closing for Beijing

Three weeks of testimony in Judge Gonzalez Rogers’s Oakland courtroom end with Musk in Beijing on Trump’s state-visit delegation and deliberations beginning Monday. Closing arguments in Musk v. Altman wrapped on Thursday afternoon in Judge Yvonne Gonzalez Rogers’s Oakland courtroom, sending the nine-person jury home for the weekend and into deliberations that begin Monday. Three […]

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Figma’s numbers say AI is a tailwind. Its stock price says the market isn’t sure.

  For ten months, Figma has been a case study in how quickly Wall Street can fall out of love. The company went public on 31 July 2025 at $33 a share, soared past $140 on its debut, and has spent most of 2026 in freefall,  battered by Google’s free Stitch design tool, Anthropic’s Claude […]

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Thrive Capital bets $100 million on Shopify, because sometimes the best AI trade is a beaten-down stock

Joshua Kushner’s Thrive Capital has taken a roughly $100 million stake in Shopify, according to Bloomberg, which cited people familiar with the matter. The investment is notable less for its size, $100 million is a rounding error in a firm that raised more than $10 billion for its latest fund, than for what it signals […]

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Palantir’s numbers are working. For the first time, the story is not.

  Alex Karp has spent the past fortnight telling anyone who will listen that Palantir Technologies is indispensable. Retail investors and the German military have arrived at the opposite conclusion, and their timing is almost perfectly synchronised. In the week through 13 May, individual investors were net sellers of $82 million worth of Palantir shares, […]

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OpenAI is preparing to sue Apple over a partnership that was supposed to be the next Google search deal

  OpenAI’s partnership with Apple, announced to considerable fanfare in June 2024, is fracturing. The AI company’s lawyers are actively working with an outside legal firm on options that could include sending Apple a formal notice alleging breach of contract, according to Bloomberg, which cited people familiar with the deliberations. No lawsuit has been filed, […]

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Carta acquires a law firm and bets the future of private capital runs on a single platform

  Carta has spent the past eight months buying its way toward something that did not exist a year ago: a single platform that handles dealmaking, fund operations, investor relations, and now legal and compliance work for the private capital industry. The acquisition of Avantia, a UK-based AI-powered law firm for asset managers, is the […]

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97% of marketers use AI daily – 78% of consumers wish they wouldn’t

  Nearly every marketer in the world is now using AI to make creative work. Nearly every consumer would still rather that a person had made it. That tension, between the industry’s enthusiasm and the public’s unease, is the central finding of Canva’s State of Marketing and AI report for 2026, and it suggests that […]

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