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An illustration photo shows Sora 2 logo on a smartphone. Cfoto | Future Publishing | Getty Images The Creative Artists Agency on Thursday slammed OpenAI’s new video creation app Sora for posing “significant risks” to their clients and intellectual property. The talent agency, which represents Doja Cat, Scarlett Johanson, Tom Hanks and other stars, questioned … Read more
In what appears to be the first major challenge to the new $100,000 fee required for H-1B visa applications, a coalition of health care providers, religious groups, university professors and others filed a federal lawsuit Friday to stop the plan, saying it has “thrown employers, workers and federal agencies into chaos.” President Donald Trump signed a proclamation … Read more
The U.S. government has added Google, OpenAI, and Anthropic to a list of approved vendors that can offer artificial intelligence services to civilian federal agencies, Bloomberg reports. The companies will see their AI tools offered via a new federal contracting platform, the Multiple Award Schedule (MAS), which would let government agencies access AI tool vendors … Read more
NEWYou can now listen to Fox News articles! Hackers are actively exploiting a new zero-day bug in Microsoft’s SharePoint Server software. The same software is used by key U.S. government agencies, including those tied to national security. The vulnerability affects on-premise versions of SharePoint, allowing attackers to break into systems, steal data and quietly move … Read more
Sam Altman recently warned that AI-powered fraud is coming “very soon,” and it will break the systems we rely on to verify identity. It is already happening and it’s not just coming for banks; it’s hitting every part of our government right now. Every week, AI-generated fraud is siphoning millions from public benefit systems, disaster … Read more
Senator Lummis is dragging federal housing agencies into the 21st century with a bill that mandates crypto be recognized in mortgage approvals. The move challenges decades-old lending rules, potentially opening doors for young buyers, but critics warn it could destabilize the system. Summary Senator Cynthia Lummis introduced a bill requiring Fannie Mae and Freddie Mac … Read more
The hackers behind the initial wave of attacks exploiting a zero-day in Microsoft SharePoint servers have so far primarily targeted government organizations, according to researchers as well as news reports. Over the weekend U.S. cybersecurity agency CISA published an alert, warning that hackers were exploiting a previously unknown bug — known as a “zero-day” — … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two US credit rating agencies have become embroiled in a rare public dispute over the reliability of scores for insurance companies’ growing stash of private credit investments. The dispute involves a study, since withdrawn by … Read more
Employees of the Department of Health and Human Services (HHS) hug each other as they queue outside the Mary E. Switzer Memorial Building, after it was reported that the Trump administration fired staff at the Centers for Disease Control and Prevention and at the Food and Drug Administration, as it embarked on its plan to … Read more
The explosion of debt in recent years finally led Moody’s to downgrade U.S. credit on Friday evening, meaning federal debt no longer gets a top grade at any of the major rating agencies. Moody’s cut the U.S. one rung to Aa1 from AAA, after it sounded the alarm on the deteriorating fiscal situation in March. In … Read more
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