Disney CEO Josh D'Amaro discussed the company's strong parks performance, streaming growth strategies, and commitment to keeping ESPN during a CNBC interview on Friday.
China's advanced technology sector, including AI and new energy, accounts for 16.8 high-value invention patents per 10,000 people, driving economic growth despite property and demand challenges.
China has rapidly closed the AI gap with the US, developing open-source models like Kimi K3 that rival top US systems at lower cost. This advance has prompted US threats of sanctions and bans over alleged IP theft, while China dismisses the claims as "technological bullying."
US officials have escalated accusations that Chinese AI labs are "stealing proprietary US technology" through distillation, a common industry practice. However, AI experts, including Moonshot AI's Randy Xian, have dismissed these claims as "political" and "reckless," arguing that an AI model's output is not copyrighted.
BrewDog founder James Watt faces complaints to the UK's data privacy watchdog, ICO, regarding his unexpected bid to buy back the company. Shareholders claim Watt contacted them without clear consent, raising GDPR concerns after their shares were rendered worthless in an earlier sale to Tilray.
Billionaire investor Duan Yongping increased his stake in toy brand Pop Mart to 7.65% for the third time. This move comes despite a lukewarm reception for the new Labubu Hair Salon series, raising questions about the sustainability of demand for the company's IP.
Apple has sued OpenAI, accusing it of stealing trade secrets and targeting its AI hardware program. Analyst Shruti Mishra suggests the lawsuit aims to disrupt OpenAI's hardware device launch, with a preliminary injunction potentially delaying its market entry.
EU and China agreed to use shared trade data to monitor import surges, escalating to political talks if a "red" zone is crossed. EU's Sefcovic reported "intensive, focused and constructive" talks but warned of EU action if meaningful progress isn't made by autumn.
Telegram's ban in India due to NEET exam leak controversy raises questions about its role in the country's shadow educational economy, copyright infringement, and the balance between intellectual property protection and student accessibility to educational resources.
Story Protocol has rebranded to Data Network, shifting its focus to artificial intelligence training data. The company launched Trace, an on-chain registry for AI data, and integrated with Kled, a human data marketplace. The native token, formerly IP, is now DATA, migrating 1:1.
The Knowledge Intellectual Property Office (KIPO) will host the 'Top 100 Ideas Summit' to foster innovation. The event follows a submission of 27,185 ideas, with AI-related proposals and practical policy suggestions dominating the top 100. KIPO plans to support the realization of these ideas through entrepreneurship and policy implementation.
The Trump administration has proposed a 25% tariff on many Brazilian imports, citing unfair trade practices in areas like digital trade and illegal deforestation. The measures, under Section 301, exclude items like beef and coffee and are subject to public consultation.
Vietnam reported 2,036 intellectual property infringement cases by May 30, with nearly 17.9 billion VND in administrative fines. Enforcement efforts have intensified, leading to a 370% increase in cases handled compared to the previous year, exceeding the Prime Minister's target.
Vietnam's Ministry of Finance proposed allowing SMEs to use digital assets, virtual assets, and intellectual property as collateral for bank loans, aiming to boost credit access for startups and tech companies.
Hackers compromised open source projects, including TanStack, to spread malware through updates, affecting dozens of companies, with OpenAI confirming employee devices were impacted but no user data breached.
The US State Department has launched a global diplomatic effort to address concerns that Chinese AI firms, including Moonshot AI, DeepSeek, and MiniMax, are illicitly distilling US AI models to train their own systems.
India remains on the US Trade Representative's priority watch list for intellectual property concerns, citing inconsistent progress and long-standing issues with its Patents Act. The report highlights worries over data protection for pharma and agri-chemical products, alongside high customs duties on IP-intensive goods. Weak enforcement of copyrights and trademarks also remain key issues.
Goldman Sachs has barred its bankers in Hong Kong from using Anthropic's Claude AI models, following consultations with Anthropic and adopting a strict interpretation of its contract. The restriction does not extend to other AI vendors like OpenAI. Western AI models are banned in mainland China under the Great Firewall, while Hong Kong has generally operated outside those restrictions. US AI firms are concerned about 'distillation' - the risk that intensive use in China could help local actors train competing systems. The move could pose challenges for Hong Kong's role as a financial hub as bankers may fall behind peers elsewhere.
Goldman Sachs has prohibited its Hong Kong bankers from using Anthropic's Claude AI models, citing contract interpretations amid US-China tech tensions. This move, impacting coding and financial modeling, raises concerns for Hong Kong's financial hub status and other institutions using the AI. The restriction highlights broader worries about AI intellectual property theft and cybersecurity risks.
China has blocked Meta's $2 billion acquisition of AI startup Manus, citing national security concerns. The decision serves as a warning to tech entrepreneurs attempting to bypass Chinese regulatory reach through overseas restructuring.
China has blocked Meta's acquisition of AI startup Manus, citing national security concerns and potential technology leakage. This move follows reports of Beijing restricting American capital in its AI sector. The decision stems from Manus's "general AI agent" technology, developed in China but moved to Singapore, raising fears of intellectual property transfer to US firms.
The Trump administration announced plans to combat foreign tech companies' exploitation of U.S. AI models, specifically targeting China. A Thursday memo from Michael Kratsios, the president's chief science and technology adviser, accused Chinese entities of industrial-scale campaigns to 'distill' capabilities from leading U.S. AI systems. The administration will work with American AI companies to identify such activities, build defenses, and punish offenders. The memo comes as China's AI performance gap with the U.S. has 'effectively closed' according to Stanford researchers, and as the House Foreign Affairs Committee advances bipartisan legislation to sanction foreign actors who extract key technical features from U.S. AI models.
The US is preparing to crack down on China's alleged industrial-scale theft of American AI intellectual property through distillation attacks. White House OSTP Director Michael Kratsios warned in a memo that foreign entities principally based in China are using tens of thousands of proxy accounts to distill US frontier AI systems. Google, Anthropic, and OpenAI have all accused Chinese firms of using distillation to clone their models. China has dismissed the accusations as pure slander, while Congress considers treating model extraction as industrial espionage.
The Trump administration accused Chinese entities of running industrial-scale campaigns to steal U.S. artificial intelligence technology through 'distillation' operations that copy larger AI models to train smaller ones. Top science advisor Michael Kratsios said the campaigns use tens of thousands of proxy accounts and jailbreaking techniques to extract proprietary information from American AI systems. The administration plans to share intelligence with U.S. AI companies and explore accountability measures against the foreign actors.
