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On Friday, the U.S. Department of Justice filed an antitrust lawsuit against RealPage, a major real estate software provider. The case alleges that RealPage’s software played a critical role in allowing landlords across the country to collude and artificially inflate rental prices. The lawsuit, backed by several states including North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee and Washington, alleges that RealPage facilitated a pricing conspiracy that negatively impacted the rental market, affecting millions of renters. It marks a significant case in which the role of an algorithm in pricing strategies is at the forefront of legal scrutiny. Attorney General…

In a game-changing move, on August 21, 2024, Google, along with a major news industry group and several key California lawmakers, unveiled a collaborative five-year plan. The initiative, set to inject up to $250 million into the state’s journalism sector, aims to address the financial strain newsrooms face as readers migrate digitally. The funding mix includes contributions from Google, state taxpayers and potentially other private sources. The strategic partnership is designed to circumvent a proposed state law that would require tech giants to compensate news outlets for the use of their content in ads on these platforms. Gov. Gavin Newsom…

David Wallace-Wells, a leading science writer, delves into the current complexities and uncertainties surrounding artificial intelligence (AI) in his exclusive newsletter for Times subscribers. Known for his insights into climate change and futuristic technologies, Wallace-Wells offers a critical perspective on the current state of AI, which he calls the “Age of Excess.” Not long ago, the narrative around AI was dominated by dire predictions and existential risks, with leading figures in the technology predicting dire implications for humanity. However, the conversation has changed dramatically. Recent financial analyses from major firms like Barclays and Goldman Sachs paint a grim picture of…