Anthropic Agrees to $1.5 Billion Settlement in Copyright Lawsuit Over AI Training Data
Anthropic has agreed to pay at least $1.5 billion to settle a class-action lawsuit alleging it illegally used pirated books to train its Claude artificial intelligence models, according to court documents filed Thursday. The settlement, if approved by a federal judge, would be the largest publicly reported copyright recovery in US history and the first […]
Tesla To Vote On Proposal To Invest In xAI
Tesla (NASDAQ: TSLA) is tabling a proposal for shareholders to authorize the board to invest in xAI, set to be voted on at the 2025 annual meeting. The proponent, Stephen Hawk, states he is a beneficial owner of at least $2,000 of Tesla stock held for at least three years and intends to present the […]
El Salvador Buys Gold for First Time Since 1990, Diversifying From Bitcoin
El Salvador’s central bank purchased $50 million worth of gold in early September — the country’s first acquisition of the precious metal since 1990, as it seeks to diversify its international reserves beyond its volatile Bitcoin holdings. The Central Reserve Bank of El Salvador bought 13,999 troy ounces of gold, increasing the country’s total gold […]
Trump Exempts From Tariffs: Gold, Uranium, Tungsten, Graphite
The Trump administration exempted graphite, tungsten, uranium, and gold bullion from US country-based reciprocal tariffs, while adding levies on silicone products—and extending those tariffs to resin and aluminum hydroxide. The move, set to take effect today under an executive order, formalizes the planned bullion carve-out after a recent US Customs and Border Protection ruling sowed […]
Air Canada Attendants Vote To Reject Wage Deal
Air Canada flight attendants voted 99.1% to reject the airline’s wage offer, sending the pay portion of August’s tentative deal to mediation—and then arbitration if required. CUPE said 99.4% of members participated in the ratification vote covering more than 10,000 flight attendants at Air Canada and Air Canada Rouge. The union added that most non-wage […]
OPEC+ Agrees to Boost Oil Production in October Despite Falling Prices
OPEC+ agreed Sunday to increase oil production by 137,000 barrels per day starting in October, continuing the group’s strategy shift toward regaining market share as global oil prices decline. The decision, made during an 11-minute virtual meeting of eight key alliance members, marks another step in unwinding production cuts that have been in place for […]
Strathcona Resources Increases Offer For MEG Energy To $30.86 A Share, Topping Cenovus
Strathcona Resources (TSX: SCR) has revised their offer to acquire MEG Energy (TSX: MEG), announcing this morning that they have increased their offer to top the arrangement presented by Cenovus Energy (TSX: CVE). Under the revised offer, Strathcona is now offering 0.80 of a common share of Strathcona for each share of MEG Energy. The […]
Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet
High grade gold continues to be intersected by Goliath Resources (TSXV: GOT) at their Surebet Discovery. The company this morning released additional assay results from ongoing drilling, confirming that they continue to have a 100% hit rate on quartz-sulphide mineralization and a 90% hit rate on visible gold being included within the drill core.
Multiple Fiber-Optic Cables Severed, Affecting Connectivity Across Asia, Middle East
Multiple undersea cables were severed in the Red Sea over the weekend, disrupting internet connectivity across parts of Asia and the Middle East, technology companies and monitoring groups reported Sunday. The cable cuts affected the SMW4 and IMEWE fiber-optic systems near Jeddah, Saudi Arabia, according to NetBlocks, which monitors global internet access. Countries experiencing degraded […]
Avino Q2 Earnings: Steady As She Goes
It’s time to cover the earnings of another fan favorite. This might be a small producer in terms of ounces, but that hasn’t stopped investors from flocking to the name in advance of oncoming production from a second mine. Of course, we’re talking Avino Silver and Gold Mines (TSX: ASM), who posted their second quarter […]