Why Connecticut SB5 alarms US AI companies
Connecticut SB5 passed both chambers on May 1 and heads to the governor, making it one of the most comprehensive state AI laws in the...
Category : News
Morgan Stanley’s ETrade crypto undercuts Coinbase
Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Summary Morgan...
US court finds Meta AI ads created fraud
A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities...
Why Meta’s Muse Spark ditched open-source AI
Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Summary Meta launched Muse Spark on April...
Meta’s USDC pilot draws fire as Senator Warren demands stablecoin transparency
Warren’s letter asks Mark Zuckerberg to explain by May 20 which stablecoins and wallets Meta is using, how it selects issuers like Circle, what data...
US Senate Banking Committee Expected to Hold a Formal Vote on CLARITY Act as Early as Next Week
The Senate Banking Committee is expected to hold a formal CLARITY Act vote as early as next week, Coinbase said at Consensus 2026. Summary The...
S&P 500 at record 7,400 underlines a full‑risk‑on backdrop for crypto
The S&P 500’s push to a record near 7,400 confirms a late‑cycle, full‑risk‑on regime where Bitcoin and major crypto assets are again trading as high‑beta...
Why Trump is quietly retreating on Iran war goals
Trump has abandoned his Iran war maximalist demands as polls drop and peace talks remain deadlocked Summary Trump has quietly dropped demands for Iran’s unconditional...
April jobs report beats forecasts at 115,000
The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000. Summary The Bureau of Labor Statistics reported...
Why Google Chrome installed a secret AI model
Google Chrome has been silently installing a 4GB AI model called Gemini Nano on users’ devices without consent, a researcher found. Summary Researcher Alexander Hanff...