Privacy advocates and musicians rallied outside Madison Square Garden on Friday, pushing for new legislation to prevent facial-recognition technology at the venue and other public spaces in New York City. “MSG and its CEO, James Dolan, have been flagrantly abusing biotechnology,” City Council member Shahana Hanif said at the event on Friday, after leading a…
Kalshi and Polymarket are offering bets on winners, spreads, totals, and player stats, but Baltimore says they lack the required licenses. Baltimore has taken legal action against prediction market operators Kalshi and Polymarket, accusing both companies of offering illegal sports betting in the city. Mayor Brandon M. Scott and the Baltimore City Council filed…
Aurora Innovation and Kodiak AI, two companies developing self-driving trucks, have received permits from the California Department of Motor Vehicles to test their autonomous vehicle technology on public roads. And Kodiak has already started. Kodiak said it is starting with a handful of test trucks in California, primarily around its Mountain View office. Both companies…
Key Takeaways Kalshi removed all sports mention markets as the CFTC reviews them, NPR reports. Trump markets are 82% of the $1.16M in visible volume still listed on Kalshi. Washington bans the whole mentions category, with geofencing due by Sept. 2. Sports Mentions Are Gone but Trump Markets Are Still Trading Federal regulators have opened…
Tokenization-linked stocks have fallen as much as 11.2% after legal and market concerns reportedly delayed the SEC’s planned innovation exemption for blockchain-based securities. Summary Bullish fell 11.2%, extending its decline from about 8% earlier in Friday’s session. Coinbase and Circle dropped 3% and 4.8%, respectively, as tokenization-linked shares weakened. The SEC reportedly faces questions about…
Apple Intelligence will not look the same everywhere. In China, Apple has reportedly trained its own large language model with help from Alibaba as it prepares to bring its delayed AI features to one of its most important markets. The China-specific model marks a shift from Apple’s earlier plan to depend mainly on local partners…
Security expert Nick Neuman warned that leaked home addresses could enable criminals to more easily target people for wrench attacks. On August 13, Trezor disclosed that a data breach at its shipping partner, ShipMonk, exposed the personal information of roughly 13,700 recent customers, including names, phone numbers, and home addresses. Binance founder Changpeng Zhao…
Another day, another tariff on tech from President Donald Trump. On Thursday, Trump announced new tariffs specifically targeting drones made outside of the United States, as well as their components. So, what drones are now subject to tariffs and what will the impact be? Trump has now imposed a 100 percent “ad valorem” tariff on…
Key Takeaways SpaceX completed the Cursor merger at a $60 billion equity value. Cursor shareholders gained rights to 389.3 million SpaceX shares. The deal expands a partnership built around large-scale AI compute. SpaceX Closes $60 Billion Cursor Acquisition Space Exploration Technologies Corp. (Nasdaq: SPCX) completed its acquisition of Cursor on Aug. 14, making the AI…
StablecoinX shares have climbed more than 12% after the Nasdaq-listed company disclosed a 3-billion-token ENA treasury and reported its first quarterly results since going public. Summary StablecoinX held approximately 3 billion ENA tokens, equal to about 20% of the total supply. The ENA treasury was valued at $218.4 million, or about $9.09 per Class A…
