iWorld
MySpace to launch enhanced copyright protection tool
MUMBAI: Social networking site MySpace.com, has announced plans to launch a new tool for copyright holders that makes it even easier and faster to remove content they allege is unauthorised.
The tool is being tested with US broadcaster Fox and Major League Baseball (MLB) Advanced Media and will be expanded to include other verified copyright holders.
The new tool will allow copyright holders to digitally flag any user-posted video containing content that they own and allege is unauthorized. MySpace will promptly remove all videos flagged by a copyright holder. In addition, MySpace has implemented a proprietary system to block videos that are removed at the request of a copyright owner from being re-uploaded to the site by other users.
MySpace CEO and co-founder Chris DeWolfe says, “MySpace is firmly committed to protecting copyright holders’ rights. This is another important step we’re taking to ensure that those who create and own content are able to protect it.”
The new tool will allow MySpace to more efficiently implement its long-standing policy against users uploading third-party copyrighted material by automating the ‘notice and take down’ process that has been in existence since MySpace’s inception.
In compliance with the Digital Millennium Copyright Act, MySpace has enforced copyright protection through a traditional ‘notice and takedown’ process whereby copyright holders inform MySpace of infringing content and MySpace promptly removes it from the site. With the new tool, MySpace will make it even easier for copyright holders to identify and take down user-posted videos containing unauthorized content.
The announcement comes on the heels of MySpace’s landmark licensing deal with Gracenote, which implemented fingerprinting technology to help prevent unauthorised music from being posted by users to the site.
e-commerce
American Express to acquire AI startup Hyper to boost automation
Deal targets expense management as AI reshapes corporate spending tools.
MUMBAI: From receipts to robots, the expense sheet is getting a brain upgrade as American Express moves to bring artificial intelligence into the heart of corporate spending. The company has announced plans to acquire Hyper, a relatively young but fast-rising startup founded in 2022 that builds AI-powered agents capable of organising expenses, generating reports, verifying compliance with budgets and policies, and nudging users with timely reminders. The deal, expected to close in the second quarter of 2026, underscores a growing shift among financial institutions to automate traditionally manual, time-heavy workflows.
Hyper counts Sam Altman among its backers, adding a layer of Silicon Valley credibility to the acquisition. While financial details remain undisclosed, the strategic intent is clear: deepen automation capabilities and sharpen American Express’s position in the competitive corporate spending ecosystem.
The two companies are not strangers. They previously collaborated in 2024 on a co-branded credit card product, suggesting that the acquisition is less a cold buy and more an extension of an existing relationship. With this move, American Express is effectively bringing that capability in-house, aiming to embed AI directly into its commercial services stack.
Chief executive Stephen Squeri had already signalled the direction of travel in a recent shareholder letter, describing AI as a “structural shift” in how businesses operate. The Hyper acquisition appears to be a direct response to that shift, particularly in expense management, where processes such as approvals, compliance checks and reporting remain ripe for automation.
Alongside the acquisition, the company is also expanding its product suite. A recently launched business credit card offers cashback and benefits at an annual fee of $295, with another card expected later this year moves that complement its broader push into commercial services.
Taken together, the strategy points to a future where managing expenses may require fewer spreadsheets and more algorithms. For American Express, the bet is simple, if businesses are rethinking how work gets done, the tools that power that work need to evolve just as quickly.
