Microsoft, Adobe and Intel take small step against deepfakes with opt-in tool for ‘combined’ media

A group of major technology companies building AI solutions have formed a new initiative to address the growing challenge of identifying AI-generated synthetic media and “deepfakes.” The Coalition for Content Provenance and Authenticity (C2PA) includes Adobe, Microsoft, Intel, and other tech firms. Their goal is to create an open standard that can certify the origins […]

FTX and Genesis Settle in Cryptocurrency Bankruptcy Case!

The post FTX and Genesis Settle in Cryptocurrency Bankruptcy Case! appeared first on Coinpedia Fintech News FTX and Genesis Global Trading (GGC) have reached a settlement agreement approved by a New York bankruptcy judge. The settlement allows FTX-affiliated Alameda Research to receive $175m from GGC, after FTX debtors collectively asserted claims totalling approximately $3.9bn in […]

Federal Reserve Officials Maintain Cautious Stance on Interest Rates

Coinspeaker Federal Reserve Officials Maintain Cautious Stance on Interest Rates Federal Reserve officials have opted to maintain their cautious approach to monetary policy, leaving interest rates unchanged during their September meeting. Minutes from the September 19-20 meeting revealed a consensus among policymakers that the US economy faced mounting uncertainties. Most meeting participants believed a further […]

China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges

Coinspeaker China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges China’s sovereign wealth fund, Central Huijin Investment Ltd, has taken a significant step to bolster the country’s struggling stock market. In a move similar to its 2015 intervention, Huijin has increased its stake in China’s top four […]

Microsoft to Appeal IRS’s $29B Back Taxes Claim

Coinspeaker Microsoft to Appeal IRS’s $29B Back Taxes Claim The United States Internal Revenue Service (IRS) has informed Microsoft Corp (NASDAQ: MSFT) that it owes back taxes of  $28.9 billion “plus penalties and interest” for the tax years 2004 through 2013. In an 8-K filing on Wednesday, the corporation revealed that it had received Notices […]