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The US Federal Reserve, led by Chairman Jay Powell (pictured), left rates at a range of 4.25-4.5% as it cut its forecasts for economic growth.

An anonymous reader quotes a report from TorrentFreak: Napster, the brand synonymous with the music piracy boom of the early 2000s, has a new copyright challenge. Together with audio giant Sonos, Napster faces a lawsuit demanding over $3.4 million in alleged unpaid copyright royalties. Filed by collective rights management organization SoundExchange, the complaint (PDF) centers on missed payments related to the "Sonos Radio" service, which until 2023 was powered by Napster's music catalog. [...] Sonos Radio launched in April 2020 with Napster as the authorized agent, submitting the required royalty reports and royalties to SoundExchange. While all went well initially, payments stopped around May 2022. At the time, Napster had been acquired by venture capital firms Hivemind and Algorand, with a focus on "web3" technologies, including cryptocurrencies and blockchain. According to the complaint, the takeover resulted in a "complete breakdown of reporting and payment for the Sonos Radio service." The alleged payment problems eventually came to light during an audit initiated by SoundExchange in 2023, which concluded that Sonos and Napster owed millions in unpaid royalties. Sonos and Napster are no longer partners in the radio service, as the audio equipment manufacturer switched to Deezer around April 2023. That appears to have solved the royalty issues, but SoundExchange still believes it is owed more than $3 million. "In total, Sonos, and its agent Napster, have failed to pay at least $3,423,844.41 comprising royalties owed for the period October 2022 to April 2023, interest, late fees, and auditor fee-shifting costs, and subtracting Sonos and Napster's payments made to date. "Late fees and interest continue to grow," SoundExchange adds, while requesting compensation in full. The complaint lists one count of "underpayment" of statutory royalties, and one count of "non-payment" of royalties, as determined by the audit. For both Copyright Act violations, SoundExchange requests damages of at least $3.4 million.

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The former Top Gear presenter, 65, has already begun filming for series five of Clarkson's Farm following the success of the recently released fourth installment.

Zara Tindall and Lady Gabriella Windsor shared a very warm royal welcome as they greeted each other on the second day of Royal Ascot on Wednesday. 

In case you forgot AI isn't the only thing GPUs are good for

Exclusive  Support for AMD's Instinct GPUs is coming to Voltron Data's accelerated SQL engine Theseus in the latest sign Nvidia's CUDA moat is getting shallower.…

EEG and recall tests suggest people who use ChatGPT to write essays aren't learning much

Using AI chatbots actually reduces activity in the brain versus accomplishing the same tasks unaided, and may lead to poorer fact retention, according to a new preprint study out of MIT.…

Everywhere in the media and politics people are adopting stern expressions and pious voices about the various wars we now confront. But their moralising just does not make sense.

With the trial looming, Bryan Kohberger's defense had made a series of last-ditch efforts to shape its strategy - and to upend proceedings altogether.

Anne Burrell's friend, Chef Elizabeth Falkner, speaks exclusively with Daily Mail about the TV chef's 'shock and sudden' death and how she appeared days before she was found 'unresponsive.'

A distraught Cassie Ventura threatened to kill a man who claimed to have seen a video of a 'freak-off' in one of the audios played in Diddy 's trial.

Facebook now supports passkeys for login, offering users a more secure, phishing-resistant alternative to passwords by using biometrics or a PIN stored on their device. The feature is rolling out to iOS and Android "soon," while Messenger will get the feature "in the coming months." Lifehacker reports: Meta seems pretty excited about the news -- and not just because the company happens to be a member of the FIDO Alliance, the organization that developed passkeys. Aside from logging into your Facebook account, Meta says you'll be able to use passkeys to autofill your payment info when buying things with Meta Pay. You'll also be able to use the same passkey between both Facebook and Messenger, and your passkey will act as a key to lock out your encrypted Messenger chats.

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The Federal Reserve's rate hold should come as no surprise. Chairman Jay Powell is determined to preserve the US central bank's independence.

Another day and another olive branch from David Beckham is snubbed by his increasingly absent son Brooklyn.

Former England footballer Kieran Trippier has revealed he split from his wife Charlotte more than a year ago.

Infostealers posing as popular cheat tools are cropping up on GitHub

Trojanized Minecraft cheat tools hosted on GitHub have secretly installed stealers that siphon credentials, crypto wallets, and other sensitive data when executed by players.…

Allianz employs around 6,000 people in the UK at sites including its Guildford headquarters and a legal protection office in Bristol.

Sabadell has put TSB, which has 175 UK branches, up for sale and said it had received preliminary expressions of interest.

A report from Oxford Economics reveals that BP generated the equivalent of £1 of every £380 of value added to the economy in 2024.

The so-called 'Strictly curse' has been a tabloid staple for over a decade - rooted in the idea that taking part in the show often spells trouble for contestants' relationships.