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Artists could be paid royalties under plans to allow artificial intelligence to mimic their voice as record labels attempt to benefit from one of the music industry’s biggest threats...

Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” second-quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund’s Institutional Class returned +8.03% compared to an +8.39% return for the Russell 3000 Index. The Fund’s Institutional Class has returned +11.33% year-to-date compared to […]...

Q2 2023 ADT Inc Earnings Call...

While U.S. equities extended their rally, Morningstar’s Moat Index extended its year-to-date lead over the S&P 500 to nearly 800 basis points. U.S. Bancorp stood out as the top contributor...

Artificial intelligence is nothing new in the world of chess. The game has been at the center of AI research for decades - and it "just keeps getting better," International Grandmaster Kenneth Rogoff tells Yahoo Finance. Rogoff, who is also the Maurits C. Boas Chair of International Economics at Harvard University, doesn't see artificial intelligence as bad for chess. "It's actually made it more interesting so far," he says. Having seen how fast AI evolved within the game, Rogoff predicts applications like ChatGPT will be unrecognizable in five years. Advancements will come "faster than you think," but if the experience of chess is any indication, the technology's evolution won't be as "detrimental" as some may fear. Rogoff also spoke with Yahoo Finance's Julie Hyman and Brad Smith about Fitch's downgrade of the U.S. credit rating and the outlook on inflation in a wide-ranging conversation...

Zoom and other pioneers of the work-from-home movement are telling employees to come in for at least part of the week, as the era of remote work evolves...

Google asked a U.S. appeals court in New York on Tuesday to pause a decision to return an antitrust lawsuit filed by the state of Texas back to federal court in Texas. The U.S. Judicial Panel on Multidistrict Litigation in June granted the state's request to send the lawsuit back to federal court in Texas. The lawsuit alleges that Google, a unit of Alphabet, abused its dominance in advertising technology...

Alphabet's Google and Universal Music are in talks to license artists' voices and melodies for artificial intelligence-generated songs, Financial Times reported on Tuesday, citing four people familiar with the matter. The music industry is grappling with "deepfake" songs, made using generative AI, that mimic artists' voices, often without their consent. The goal behind the talks is to develop a tool for fans to create tracks legitimately and pay the owners of the copyrights for them, the report said, adding the artists would have a choice to opt in the process...

Google and Universal Music are in talks to license artists’ melodies and voices for songs generated by artificial intelligence as the music business tries to monetise one of its biggest threats. The discussions, confirmed by four people familiar with the matter, aim to strike a partnership for an industry that is grappling with the implications of new AI technology. The rise of generative AI has bred a surge in “deepfake” songs that can convincingly mimic the voices, lyrics or sound of established artists, often without their consent...