How strong is New York’s “illegal gambling” case against Valve’s loot boxes?
Lawyers tell Ars the state has a tough road ahead, even as Valve is uniquely vulnerable. Image: Sarah / Unsplash Source: Ars Technica
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New York sues Valve, alleging its loot boxes are ‘quintessential gambling’
New York Attorney General Letitia James is suing Valve for “illegally promoting gambling” through the loot box systems it has built for video games like Counter-Strike 2, Team Fortress 2, and Dota 2, according to a press release. The attorney general seeks to “permanently stop Valve from promoting gambling features in its games, disgorge all…
US Premarket Movers: Akamai, Grail, Hudbay, Newmont, Opendoor
S&P 500 Index futures decline 0.2% as of 7:42 a.m. in New York as traders assessed the potential impact of conflict in the Middle East and awaited a slate of US economic data. Image: RDNE Stock project / Pexels Source: Bloomberg
Inside the New York City Date Night for AI Lovers
EVA AI created a pop-up romantic date night at a Manhattan wine bar to help making AI-human relationships a “new normal.” Image: aiden patrissi / Unsplash Source: Wired
No Company Has Admitted to Replacing Workers With AI in New York
New York state has required companies to disclose if “technological innovation or automation” was the cause of job loss for nearly a year. So far, none has. Image: Markus Winkler / Pexels Source: Wired
New York is considering two bills to rein in the AI industry
AI data centers are becoming a bipartisan concern. | Image: Microsoft Image: Isaac Graulich / Unsplash New York’s state legislature is set to consider a pair of bills that would require labels on AI-generated content and would put a three-year pause on new data center construction. The New York Fundamental Artificial Intelligence Requirements in News…
AstraZeneca is listing in New York, as Big Pharma balances the huge U.S. market with China’s tempting innovation
AstraZeneca announces multibillion dollar investments in China as Big Pharma is increasingly looking east for innovation. Image: Georg Eiermann / Unsplash Source: CNBC
From ‘No Money’ to Billion-Dollar Demand: Trump’s Legal Gambit Targets Harvard Endowment
Introduction A seismic shift is underway in the legal battle surrounding Donald Trump’s New York civil fraud case. Following media reports suggesting a potential settlement with no financial penalty, the former president’s legal strategy has pivoted dramatically. Now, his attorneys are launching a counteroffensive, demanding a staggering sum from an unlikely source: Harvard University. Image:…
Beyond the Bets: NY AG Sounds Alarm on Unregulated Prediction Markets as Super Bowl Fever Peaks
Introduction As millions prepare for the Super Bowl, a different kind of contest is drawing scrutiny from the highest legal office in New York. Attorney General Letitia James has issued a stark consumer alert, urging residents to steer clear of unregulated prediction markets that promise big payouts on everything from the final score to the…
Beyond the Bets: NY AG Sounds Alarm on Super Bowl ‘Prediction Markets’ as Legal Gray Zone Expands
Introduction As millions prepare for the Super Bowl spectacle, a different kind of contest is drawing scrutiny from New York’s top law enforcement official. Attorney General Letitia James has issued a stark consumer alert, urging New Yorkers to steer clear of online platforms that allow wagering on non-sports outcomes, framing them as unregulated and risky…
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