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Tech roundup: Banks increase tech spend; SAG-AFTRA gets ethical AI deal; biometric data lawsuit

Picture of Ben Whitehair, Frances Fisher, SAG President Fran Drescher and National Executive Director Joely Fisher with SAG-AFTRA members during their 2023 strike.
SAG President Fran Drescher (centre) and National Executive Director Joely Fisher with SAG-AFTRA members. Photo: Frazer Harrison/Getty Images

Julie DiMauro

3 min read
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Our tech roundup runs the gamut in discussing banking tech, biometric ID use and a cheeky orange juice maker.

Technology investments by corporate and investment banks increased 5.4% last year and now account for approximately 20% of overall global spending, according to a report from Coalition Greenwich.

Over that same four-year period, overall global spending rose by 12.1%, putting total outlays for the 12 leading corporate and investment banks at $139

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