AI Firms Face New Reporting Requirements
The U.S. proposes mandatory reporting for AI companies. Smaller firms face higher compliance costs under new rules. Industry response to…
Google Provides $10 Million to Assist Small Businesses with AI
Google grants $10 million to bolster small business AI integration. Initiatives include AI training sessions and establishment of AI Clinics.…
Illuma Labs Secures Funding to Enhance Voice Verification
Illuma Labs raised $9 million to enhance voice authentication tools. Funding aims to tackle fraud threats like deep fakes and…
Firms Use AI To Enhance Spend Management Efficiency
Technological advancements enhance spend management amid inflationary pressures. Virtual card transactions projected to increase, improving security and efficiency. AI-driven tools…
Jared Isaacman Achieves Milestone in Private Space Exploration
Jared Isaacman conducted a historic spacewalk as a private citizen. Polaris Dawn mission tested advanced spacesuit technology for future explorations.…
OpenAI Enhances AI Models for Complex Problem Solving
OpenAI launched "o1" models for complex problem-solving. The models mimic human reasoning, improving AI's capabilities. Safety and cost-effectiveness are central…
eToro Faces $1.5 Million Penalty by SEC
eToro settled with SEC for operating unregistered broker platform. SEC mandates eToro to limit crypto offerings in the U.S. eToro…
Navient Exits Federal Student Loan Business Amid Regulatory Action
Navient exits federal student loan market amid $120 million fine. CFPB penalizes Navient for steering borrowers into costly plans. Company…
Rising Jobless Claims Impact Consumer Spending
US jobless claims rise slightly, impacting consumer spending behavior. Slowing job creation and inflation affect consumer financial decisions. Consumers may…
Americans Adjust Holiday Spending Amid Economic Shifts
Holiday retail sales growth expected to slow this year. eCommerce sales projected to see significant growth. Inflation and debt impact…
