AI regulation is within sight but it could have less of a limiting effect on innovation than some have feared.
Why it matters: Regulation can make it hard for all but the biggest companies to grow, confined by industry rules that are shaped at times by incumbents.
Nouns are a top-tier NFT project that looks set to split its $50 million dollar treasury in twain today, in the latest cryptocurrency equivalent of Brexit.
Driving the news: The organization had decided to break up, and the only question remains how many members will join the split (which determines how much of the money will go with them).
Bittrex US will likely have money left over by the end of its bankruptcy proceeding, because its customers aren't claiming what's theirs.
Why it matters: Distinct for its high number of low-balance accounts, the case serves to highlight that being a claimant in a crypto bankruptcy requires a good amount of effort and personal data — and for many, the reward may not justify the price.
Exactly who is behind the apparent cyberattack on MGM this week isn't clear yet — but two cybercrime gangs are arguing they were involved.
Driving the news: Members of hacking group Scattered Spider told news outletsThursday that they were the ones who first targeted MGM's networks last week.
Iranian hackers have hacked dozens of companies in the defense, satellite and pharmaceutical sectors this year using a fairly unsophisticated, blunt hacking technique, Microsoft warned in a new report.
Three Senate Democrats are asking for answers from the Department of Defense over Elon Musk's role in reportedlythwarting a Ukrainian drone attack on Russian military ships, according to a letter obtained by Axios.
Why it matters: Musk was heavily criticized for denying a request last year to activate SpaceX's Starlink satellite communications network over part of the Crimean coast to allow Ukraine to strike Russian ships at the Sevastopol Naval Base on the Black Sea.
Artificial intelligence is sure to spark a "reinvention...for almost every application" that hundreds of thousands of Amazon Web Services customers run, AWS CEO Adam Selipsky says.
Why it matters: AWS is the the leader in cloud services, with 32% market share, ahead of Microsoft's 22% and Google's 11%, per Synergy Research Group. The company says it already has 100,000 customers using AI, and it's readying itself for a world in which the rest of its client base is doing the same.
MGM Resorts International is struggling to contain the public impact of an apparent cyberattack that has continued to snarl business all week at one of the U.S.'s largest casino operators.
What's happening: Roughly five days into the incident, slot machines are still out of order, digital room keys are offline and resort guests are slamming the company on social media for its seeming lack of customer support.
