Local news has been eviscerated by Google and Facebook and it is time for them to pay for content they now use for free, says a new report from Senator Maria Cantwell, the top Democrat on the Senate Commerce Committee. Cantwell called for new rules that prevent digital platforms “from taking local news content without financial payment.” One solution floated by Cantwell is modeled on a law...
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Character Seeks $250 Million in New Funding Amid AI Boom
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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