May 27 2024
President Biden's administration is calling on tech companies to address the rise in nonconsensual AI-generated explicit images, particularly targeting women and minors, by voluntarily working to disrupt monetization and remove such content from online platforms. The bankruptcy of banking-as-a-service fintech Synapse has had a significant impact on the fintech industry, affecting various startups and consumers, underscoring the risks faced by such companies. Additionally, families of shooting victims have filed lawsuits against Activision, Meta, and Daniel Defense, alleging that their marketing practices contributed to violence, although the companies dispute any direct link to gun violence.