September 06, 2025 Anthropic to pay $1.5 billion to book authors to settle AI copyright suit BY Sarah Bregel Artificial intelligence startup Anthropic has agreed to pay a record-setting $1.5 billion to a group of book authors and publishers in order to settle a class action lawsuit. The payout is thought to be the largest in … Continue reading Anthropic to pay $1.5 billion to book authors to settle AI copyright suit
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The EU punishes Apple €1.8 billion (£1.5 billion) for streaming violations
The EU punishes Apple €1.8 billion (£1.5 billion) for streaming violations Deanna Ritchie Former Editor EU punishes Apple The European Commission has fined Apple €1.8 billion (£1.5 billion) for streaming violations. So,1,800,000,000 EUR is equal to 1,952,277,657 USD @ 1.08 US dollars to 1 Euro. Anyway you figure it, this is a significant fine. The reason is that the … Continue reading The EU punishes Apple €1.8 billion (£1.5 billion) for streaming violations
Disney invests $1.5 billion in ‘Fortnite’ creator Epic Games, its ‘biggest foray into the games space ever’
By Chris Morris February 07, 2024 The Walt Disney Co. has announced plans to make a $1.5 billion equity investment into Epic Games, which will give the entertainment giant an equity stake in the creator of the Fortnite video game. Disney CEO Bob Iger, appearing on CNBC Wednesday afternoon, called the initiative Disney’s “biggest … Continue reading Disney invests $1.5 billion in ‘Fortnite’ creator Epic Games, its ‘biggest foray into the games space ever’