Category: Fox Business News

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Major Hollywood studios sue AI company over copyright infringement in landmark moveMajor Hollywood studios sue AI company over copyright infringement in landmark move

Two major Hollywood studios are suing Midjourney, a popular AI image generator, over its use and distribution of intellectual property. Disney and NBCUniversal (NBCU) have teamed up to file a complaint against the AI image company. The complaint, filed in the Central District of California federal court in Los Angeles, cited what it said were […] ...

JPMorgan CEO Jamie Dimon warns economic conditions may deteriorate soonJPMorgan CEO Jamie Dimon warns economic conditions may deteriorate soon

JPMorgan Chase CEO Jamie Dimon issued a new warning about the U.S. economy, saying that conditions could deteriorate soon and undermine a potential soft landing. “I think there’s a chance real numbers will deteriorate soon,” Dimon said Tuesday at a Morgan Stanley conference. Dimon pushed back on suggestions that economic surveys showing diminished business and consumer […] ...

Grocery chain’s distributor suffers cyberattack, disrupting operationsGrocery chain’s distributor suffers cyberattack, disrupting operations

United Natural Foods Inc., a distributor for Whole Foods and other grocers, disclosed this week that it suffered a cyber incident, causing temporary disruptions in its operations. The company announced the cyber incident on Monday, saying in a Securities and Exchange Commission filing it had detected “unauthorized activity” on certain information technology systems on June […] ...