Anthropic announced it is committing 5% of its shares to a newly created "public benefit fund," with provisions to contribute more as the company's valuation grows. CEO Dario Amodei has described the AI industry as facing "fundamentally a crisis of trust."
A hotter-than-expected consumer price index reading and growing concerns about AI sector debt sent the Nasdaq down 4.5% last week — its worst weekly performance since June — while the VanEck Semiconductor ETF posted its steepest weekly decline since July.
A new generation of AI wearables from Apple, Amazon, and Meta can continuously listen and transcribe conversations without storing audio — raising unsettled legal questions about wiretapping that experts say could expose wearers, not just device makers, to liability.
TikTok has permanently suspended the promotional account for Alex Gibney's Elon Musk documentary, a step beyond the platform's earlier refusal to carry paid ads for the film. Distributor Bleecker Street was informed of the ban on Friday afternoon.
Meta's updated commercial terms, taking effect October 30, would authorize the company to scrape content from business accounts' linked websites for AI training, with no opt-out — a move legal experts say could hand Meta access to publisher material worth millions in licensing fees.
Elon Musk has settled two Austin, Texas lawsuits alleging his 2024 $1 million-per-day voter sweepstakes was fraudulent, with settlement terms kept confidential. The suits claimed winners were not chosen randomly and that the promotion was designed to harvest personal data.
Berkshire Hathaway has disclosed a $330 million stake in Milan-based Bending Spoons, bringing its total investment to over $900 million as the Italian holding company accelerates acquisitions of AI-displaced software companies including Airtable and Miro.
A hotter-than-expected consumer price index reading and growing concerns about AI sector debt sent the Nasdaq down 4.5% last week — its worst weekly performance since June — while the VanEck Semiconductor ETF posted its steepest weekly decline since July.
Berkshire Hathaway has disclosed a $330 million stake in Milan-based Bending Spoons, bringing its total investment to over $900 million as the Italian holding company accelerates acquisitions of AI-displaced software companies including Airtable and Miro.
Apple's first foldable iPhone, the Duo, sold out its launch-day pickup inventory on Friday, with delivery estimates sliding to late January and analysts forecasting the $1,999 device could give Apple roughly 40% of the global foldable market by 2027.
Anthropic announced it is committing 5% of its shares to a newly created "public benefit fund," with provisions to contribute more as the company's valuation grows. CEO Dario Amodei has described the AI industry as facing "fundamentally a crisis of trust."
A new generation of AI wearables from Apple, Amazon, and Meta can continuously listen and transcribe conversations without storing audio — raising unsettled legal questions about wiretapping that experts say could expose wearers, not just device makers, to liability.
Meta's updated commercial terms, taking effect October 30, would authorize the company to scrape content from business accounts' linked websites for AI training, with no opt-out — a move legal experts say could hand Meta access to publisher material worth millions in licensing fees.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.