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Microsoft edges out Apple as world's most valuable company

Microsoft's stock market value ended a trading session higher than Apple's for the first time since 2021 on Friday, making it the world's most valuable company as worries about demand hit the iPhone maker's shares. Apple crept up 0.2% on Friday, while Microsoft added 1%. With that, Microsoft's market capitalization stood at $2.887 trillion, its highest ever, according to LSEG data. Apple's market capitalization was $2.875 trillion, calculated with data in a filing on Thursday. Worries about smartphone demand have pushed Apple's shares down 3% so far in 2024 after rallying 48% last year. Microsoft is up about 3% year to date after surging 57% in 2023 in a rally driven in part by its lead in generative artificial intelligence through an investment in ChatGPT-maker OpenAI. Apple's market capitalization peaked at $3.081 trillion on Dec. 14, according to LSEG. Microsoft has incorporated OpenAI's Technology across its suite of productivity...

Music publishers sue AI company Anthropic over song lyrics

 Music publishers Universal Music, ABKCO and Concord Publishing sued artificial intelligence company Anthropic in Tennessee federal court on Wednesday, accusing it of misusing an "innumerable" amount of copyrighted song lyrics to train its chatbot Claude. The lawsuit said Anthropic violates the publishers' rights through its use of lyrics from at least 500 songs ranging from the Beach Boys' "God Only Knows" and the Rolling Stones' "Gimme Shelter" to Mark Ronson and Bruno Mars' "Uptown Funk" and Beyonce's "Halo." Representatives for Anthropic did not immediately respond to a request for comment. The publishers' attorney Matt Oppenheim declined to comment on the litigation but said it is "well-established by copyright law that an entity cannot reproduce, distribute, and display someone else's copyrighted works to build its own business unless it secures permission from rightsholders....