List of Flash News about SDNY judge ruling
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2025-10-29 12:08 |
OpenAI Legal Setback in SDNY: Judge Denies Motion to Strike Authors' Book-Download Claim — Trading Watch for MSFT and AI Crypto (FET, RNDR, GRT)
According to the source, a judge in the U.S. District Court for the Southern District of New York denied OpenAI’s motion to strike authors’ book-download claim, keeping core copyright and data-scraping allegations in the case and extending legal overhang for the company. Source: U.S. District Court for the Southern District of New York. For equities, Microsoft maintains a multi‑billion‑dollar partnership and investment relationship with OpenAI, so traders monitor MSFT and broader AI leaders for headline risk linked to OpenAI litigation. Source: Microsoft News Center, Jan 23, 2023 investment update. For crypto, AI‑related tokens such as FET, RNDR, and GRT are classified in the AI & Big Data category and are commonly tracked as proxies for AI narrative exposure when legal or regulatory headlines hit centralized AI firms. Source: CoinMarketCap AI & Big Data category. |