Reddit sues Perplexity and others for illegal data scraping
Reddit has filed lawsuits against Perplexity AI and three other companies, accusing them of unauthorized data scraping from the Reddit website. According to the lawsuit filed in Manhattan federal court on Wednesday, data scraping companies Oxylabs UAB, AWMProxy, and SerpApi collected Reddit data through Google search results for the purpose of reselling the data. The lawsuit alleges that Perplexity purchased this data from at least one of these companies. With the rise of AI models that rely on large amounts of data for training and providing relevant results, Reddit's growing data repository has become a valuable commodity. Reddit has entered into agreements with OpenAI and Alphabet to use Reddit data for training, but has also taken legal action against some companies that have not signed formal agreements with them. Earlier this year, Reddit also filed a similar data scraping lawsuit against Anthropic in a San Francisco court.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"From Initial Coin Offerings to Gaining Institutional Confidence: The Transformation of Crypto Tokenomics"
- Canton’s tokenomics strategy rejects ICOs, promoting structured, long-term crypto development models to enhance institutional credibility and sustainability. - Regulatory delays like Switzerland’s postponed CARF and U.S. ETF approvals highlight challenges in aligning innovation with compliance and cross-border legitimacy. - Grayscale’s Dogecoin and XRP ETFs signal growing institutional acceptance, though mixed market performance underscores crypto’s volatility and speculative risks. - Advocacy groups lik
ETPs Connect Speculative Tokens with Traditional Financial Markets
- Swiss firm Bitcoin Capital launched Europe's first Bonk ETP on SIX, enabling traditional investors to trade the Solana-based memecoin via conventional financial tools. - Physically-backed ETP eliminates crypto expertise requirements, aligning with global altcoin product surges and U.S. altcoin ETF trends. - Market shift toward speculative assets reflects regulatory clarity and institutional interest, with European regulators cautiously embracing crypto-ETP bridges. - Projects like Kuardun7.0 aim to merge
The transformation of the Xerox campus in Webster, NY: A calculated move in real estate and infrastructure development
- Webster , NY's Xerox campus redevelopment leverages a $9.8M FAST NY grant to upgrade 300 acres of brownfield infrastructure, creating shovel-ready industrial space by 2025. - Xerox's strategic divestiture aligns with infrastructure timelines, enabling private-sector repurposing of the site as a mixed-use hub with anchor projects like the $650M fairlife® dairy plant. - State-backed upgrades have already driven 10.1% annual home price growth and 2% industrial vacancy rates, positioning the site to capture
Ethereum News Update: Amundi’s Integrated Approach Connects Blockchain with Conventional Financial Regulations
- Amundi, Europe's largest asset manager, launched its first Ethereum-based tokenized money-market fund, enabling 24/7 settlements and transparent record-keeping via blockchain. - The hybrid model, developed with CACEIS, combines traditional fund operations with blockchain-based ownership, preserving regulatory compliance while expanding investor access. - Ethereum's dominance in stablecoin and RWA transfers ($105.94B in 30 days) underscores its role in accelerating tokenization, with Amundi positioning it
Trending news
MoreCrypto prices
More
