Aug 28 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has threatened to sue non-fungible tokens (NFTs) marketplace OpenSea, its CEO said in a post on social media platform X on Wednesday. OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities, said OpenSea Co-founder and CEO...

11:28 AM EDT, 08/28/2024 (MT Newswires) -- AeroVironment ( AVAV ) said Wednesday it has won a five-year contract worth up to $990 million from the US Army to deliver Switchblade loitering munitions. The company said it expects to start deliveries of Switchblade systems for the US Army's lethal unmanned systems requirement in months. Shares of the company jumped past...

11:47 AM EDT, 08/28/2024 (MT Newswires) -- Chemtrade Logistics Income Fund (CHE-UN.TO) on Wednesday said a subsidiary closed its $250 million private placement of 6.375% senior unsecured notes due 2029. Proceeds will be used to pay down indebtedness and for general corporate purposes. Chemtrade Logistics units last seen up $0.06 to $10.00 on the Toronto Stock Exchange. Price: 10.00, Change:...

Aug 28 (Reuters) - OpenAI has responded in California federal court to allegations that it misused the work of authors including Michael Chabon, Ta-Nehisi Coates and comedian Sarah Silverman to train its artificial-intelligence language model. The Microsoft ( MSFT )-backed AI company said in an answer to the complaints on Tuesday that it makes fair use of copyrighted content to...