News
What People Actually Want From AI
1+ hour, 5+ min ago (591+ words) The study, conducted through Anthropic's AI interviewer tool and published this week, is described by the company as the largest and most multilingual qualitative study ever conducted. Participants were asked open-ended questions about what they hoped AI could make possible…...
Federal Judge Narrows Yardi Antitrust Lawsuit, Dismisses Out-of-State Defendants
2+ hour, 44+ min ago (337+ words) A federal judge in Washington has trimmed a high-profile antitrust lawsuit involving rent-pricing software developer'Yardi, dismissing several out-of-state property managers from the case while allowing core claims to proceed. Yardi and multiple apartment operators had previously sought to dismiss the…...
Ivy League Wins Antitrust Case Over Athletic Scholarship Policy
5+ hour, 23+ min ago (467+ words) A federal appeals court has affirmed the Ivy League's long-standing policy of prohibiting athletic scholarships, rejecting claims from student-athletes that the rule unlawfully restricts financial aid and increases the cost of attending the prestigious universities. The ruling effectively ends a…...
Tesla’s Turn Toward More Affordable Cars Hasn’t Fueled Sales
3+ hour, 17+ min ago (436+ words) Tesla's months of promoting more affordable vehicles have reportedly not yielded more sales. However, the company's first-quarter sales figures show that Tesla delivered 358,023EVsworldwide in the first three months of the year, below analysts' expectations of about 368,000. Tesla also produced significantly…...
Why Google Thinks Crypto Is Vulnerable to Quantum Progress
2+ hour, 20+ min ago (634+ words) Quantum computing is advancing faster than expected and could eventually break the cryptographic systems. Migrating to post-quantum cryptography will be critical for long-term crypto security. Today's operating landscape is full of pitfalls for businesses, particularly crypto-native ones. And a new…...
CFTC Sues to Stop States From Regulating Event Contracts
2+ hour ago (320+ words) The three states have attempted to outlaw, regulate or otherwise restrain the activities of CFTC-registered designated contract markets (DCMs) that facilitate trading in lawful event contracts, the regulator said in a Thursday press release. Reached by PYMNTS, the Arizona attorney…...
Dallas Fed Chief Calls for Cutting Red Tape to Shrink Balance Sheet
3+ hour ago (304+ words) In a speech delivered at the Eleventh District Banking Conference, Logan said that as the Fed's balance sheet has grown, there has been discussion about whether it should be shrunk and how that could be done. Logan said she favors…...
Anthropic Says Claude Code Leak Did Not Expose Customer Data
3+ hour, 28+ min ago (368+ words) Anthropic has reportedly said no sensitive customer data was exposed in an accidental leak. A programmer then used separate AI tools to rewrite Claude Code's functionality in other programming languages so the information stayed publicly accessible without triggering further takedowns....
Treasury and Insurance Regulators Convening to Tackle Private Credit Fears
3+ hour, 48+ min ago (361+ words) The U.S. Treasury'will meet with insurance regulators to discuss the private credit industry. "This first series of meetings will allow participants to survey recent market events, emerging risks, risk management practices, and outlooks for the sector," per the release. The meetings…...
Coinbase Nabs Conditional OCC Nod for National Trust Company
3+ hour, 59+ min ago (367+ words) Coinbase'is a step closer to becoming a national trust company. This achievement marks "a significant milestone in Coinbase's long pursuit of regulatory clarity" following years of investment in compliance and engagement with regulators,'Greg Tusar, co-CEO for'Coinbase Institutional, said in…...