March 14, 2025
Fixed Assets

Applied Materials warns of revenue hit from new Chinese chip export restrictions

The semiconductor industry giant Applied Materials Inc. beat expectations on earnings and revenue today as it delivered its fiscal first-quarter results, but its guidance for the current quarter came up short. The company said trade restrictions threaten to limit its exports to China, impacting its revenue, and its stock went backwards in extended trading. The

Read More
Intangible Assets

Judge rules artists’ copyright claims against AI companies can proceed

A U.S. District Court judge has given permission to a group of artists to pursue claims against several generative artificial intelligence image- and video-making companies that alleges their services infringe on their copyrights. The case was brought by three artists against Stability AI Ltd., DeviantArt Inc. and Midjourney Inc. in January 2023 and alleged that the

Read More