Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features that could expose children to bullying and predators — ByteDance's social media platform TikTok has been charged with breaching EU online content rules due to design features …
The US OCC denies Wise's application to create a national trust bank, citing incompatibility with new Federal Reserve policies; Wise says it plans to reapply — London-listed shares of Wise (WISEa.L), fell 10% on Friday after the money transfer group said its application to create …
ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake — ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations …
UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its titles are covered, with ~$3K in compensation each — Britain's Bloomsbury Publishing (BLPU.L) confirmed on Wednesday it was among the beneficiaries of a landmark $1.5 billion settlement …
Anthropic commits another $20M to Public First Action, after giving $20M earlier in 2026; PFA says it is a counterweight to a16z-backed Leading the Future — WASHINGTON—The artificial-intelligence startup Anthropic is doubling its spending on the midterm elections to $40 million …
Memo: the Army CIO reinstates limits on Army members' AI token usage; docs show the DOD's Ask Sage tool can access 100M tokens via an annual “enterprise pack” — Members of the Army received an email informing them that they were rapidly depleting their AI tokens, and needed to limit use.
Sources: China is weighing tightening AI and chip tech export controls and is consulting leading domestic AI companies, in a bid to slow advanced tech exports — Chinese regulators are considering tightening export controls on artificial intelligence and semiconductor technologies …
An interview with Expedia CEO Ariane Gorin, who calls AI “a growth opportunity”, as she prepares the online travel company to face potential disruption from AI — Ariane Gorin faces battle with tech start-ups as she repositions world's second-largest travel booking company
Sources: Chinese startup Moonshot AI is seeking formal approval from investors to start a Hong Kong IPO process, which could happen in as soon as six months — Chinese startup Moonshot AI, whose powerful new open-source model is upending Silicon Valley, is seeking formal approval from investors …
Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June — When Argentina and Spain take the field on Sunday for the World Cup final, more than $5.69 billion will be riding on the winner …
Thoughts on why Jony Ive, a close friend of Laurene Powell Jobs, isn't named in Apple's OpenAI suit; sources: Apple tests AI to record Genius Bar customer chats — Also: The company tries out AI recording for Genius Bar appointments. — This week, we'll look at why Apple's massive lawsuit …
Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fable 5, will make it “open-weight soon” — Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable …
AI is reshaping entry-level professional services jobs, as companies redesign hiring, training, and workplace culture rather than simply cut junior roles — Here are the ways leading companies are already responding to the AI revolution in professional services
Prediction market political betting on insider info spreads in DC; sources: WH lawyers raised alarms over anonymous Polymarket bets on the Iran ceasefire timing — White House officials are grappling with how deeply political betting has worked itself into fabric of government
How the Trump administration shifted from a “light-touch” approach to AI policy to an interventionist stance that led to restrictions on top AI models in the US — In January 2025, just three days after entering office for his second term, President Donald Trump signed …
Reuters : Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI d...
