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πŸ’₯ 8 Newspapers Sue OpenAI and Microsoft

Amidst their lawsuit with The New York Times

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Hey Waivly Crew! 🌊 A group of eight U.S. newspapers is suing OpenAI and Microsoft over alleged copyright infringement. Binance founder Changpeng Zhao has been to four months in prison.

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Binance founder Changpeng Zhao sentenced to 4 months

Binance founder Changpeng Zhao, known as β€œCZ,” has received a four-month prison sentence for violating the Bank Secrecy Act. The Department of Justice accused him of enabling criminal activities on the crypto exchange, and neglecting legal obligations, including compliance with American sanctions.Β 

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Treasury Secretary Janet Yellen criticized Binance for facilitating money flows to terrorists and cybercriminals. In November, Zhao pleaded guilty to the charges, agreeing to forfeit $2.5 billion and pay a $1.8 billion fine.

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Binance settled the case by paying the fines, and Zhao personally contributed $50 million. Despite facing accusations of allowing illicit activities, Zhao's sentence contrasts starkly with the 25-year imprisonment of fellow crypto figurehead Sam Bankman-Fried, convicted of fraud and conspiracy related to the FTX platform.

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Elon Musk lays off Tesla senior execs in fresh job cuts

Elon Musk has ousted two senior Tesla executives and is set to cut hundreds more jobs due to declining sales and dissatisfaction with the pace of layoffs, according to The Information. Rebecca Tinucci, head of the Supercharger business, and Daniel Ho, leader of the new vehicles program, will depart today.

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Ho, with Tesla since 2013, oversaw the development of several key models before heading the new vehicles division, while Tinucci, who joined in 2018, served as a senior product manager. This move follows the recent departure of two other senior leaders and a directive to reduce over 10% of the company's workforce.

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Additionally, Musk plans to eliminate positions under Tinucci and Ho, including approximately 500 employees in the Supercharger group. Tesla's public policy team, led by former executive Rohan Patel, will also be dissolved. Musk emphasized the necessity of stringent cost-cutting measures in an email to senior managers.

The Waves

πŸ’Ό β€Žβ€Žβ€β€Fisker to layoff staff to β€œpreserve cashβ€β€Ž β€Ž

πŸ›οΈ Meta had its biggest lobbying quarter ever

πŸ’΅ Razer to refund buyers of its Zephyr face mask

🧠 Elon Musk highlights progress of Neuralink

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Tech Special

Several major publications, including the Chicago Tribune and New York Daily News, are suing Microsoft and OpenAI for allegedly using their copyrighted articles without permission to power AI products like ChatGPT and Copilot. This lawsuit, filed by Alden Capital Group (ACG), echoes previous legal actions against the tech giants, including a notable case by The New York Times.

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The lawsuit highlights concerns that the AI products are reproducing articles verbatim without proper attribution and even attributing inaccurate reporting to the plaintiff's publications. ACG argues that while Microsoft and OpenAI invest in building and operating their AI systems, theyΒ do so usingΒ copyrighted materials without proper compensation.Β 

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ACG's lawsuit seeks damages and demands the destruction of AI models utilizing their copyrighted materials, citing OpenAI's acknowledgment of the necessity of such content for training modern language models.

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Arc Browser, a longstanding favorite among macOS and iOS users, is now available on Windows, following its beta testing since December. Initially exclusive to Windows 11, a Windows 10 version is in development.

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Setting itself apart from competitors like Chrome and Edge, Arc features a unique collapsible sidebar with vertical tabs and bookmarks, offering a clutter-free browsing experience. Users can create organized spaces akin to desktop folders, streamlining multitasking.

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Arc introduces innovative features such as Peek for link previews and Little Arc for lightweight browsing. Despite a learning curve due to its unconventional interface, many users appreciate its customizable nature, allowing modifications to website appearances and compatibility with Chrome plugins for seamless migration.

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That wraps up today’s newsletter

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