The company discontinued its 'Muse Image' feature just days after its launch, following widespread criticism over its automatic use of public Instagram photos for AI training without explicit user consent.
New York City will require businesses to offer a simple online cancellation method for subscriptions and disclose all fees upfront, with the new rules taking effect on October 1. Violators face fines starting at $525 per incident.
Analysts issued major calls on AI-focused companies, with Raymond James initiating SpaceX at a Street-high $800 target while Bernstein downgraded Salesforce on weak product feedback.
Artificial intelligence is improving price discovery and analyst coverage, but its widespread adoption could lead to synchronized trading and amplify market volatility, according to research from Bernstein.
Australian authorities have confirmed the first case of H5N1 bird flu in a local seabird, a development that elevates concerns about the virus's potential to spread within the country and impact its significant poultry industry.
Wholesale natural gas prices in Europe declined after shipping data confirmed that LNG tankers are still navigating the Strait of Hormuz, easing immediate supply fears despite escalating military tensions in the region.
European wholesale natural gas prices declined on Friday after shipping data confirmed that liquefied natural gas (LNG) tankers are still passing through the Strait of Hormuz, easing immediate supply fears amid heightened U.S.-Iran tensions.
The International Energy Agency projects global oil demand will fall by 1 million barrels per day this year, the first annual decline since the COVID-19 pandemic, citing severe disruptions from the conflict in the Middle East.
The main sea freight index for dry bulk commodities posted gains on Friday and for the week, propelled by a significant 13.5% weekly increase in rates for larger capesize vessels.
