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OpenAI Launches Expert Council to Strengthen AI Safety and Mental Health Protections After Federal Probe
Technology

OpenAI Launches Expert Council to Strengthen AI Safety and Mental Health Protections After Federal Probe

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OpenAI has unveiled a new Expert Council on Well-Being and AI, a group of eight specialists dedicated to guiding the company on how artificial intelligence impacts users’ emotional health, motivation, and overall mental well-being. The council will primarily focus on improving ChatGPT and OpenAI’s short-form video platform Sora, helping the company establish clear standards for […]
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Gold Price Nears $3,830 as U.S. Shutdown Risks and Geopolitical Tensions Drive Safe-Haven Rush
Business

Gold Price Nears $3,830 as U.S. Shutdown Risks and Geopolitical Tensions Drive Safe-Haven Rush

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Gold surged nearly 2% on Monday, climbing close to all-time highs as investors sought safety amid growing concerns over a potential U.S. government shutdown and rising geopolitical risks. At the time of writing, XAU/USD trades at $3,827, just shy of the session peak of $3,833. Treasury Yields Slide, Boosting Gold The precious metal pushed past […]
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SEC–CFTC Joint Meeting at 1PM: Could This Be the Turning Point for Bitcoin and Crypto Regulation?
Business

SEC–CFTC Joint Meeting at 1PM: Could This Be the Turning Point for Bitcoin and Crypto Regulation?

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The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are holding a high-stakes joint roundtable on digital asset regulation today, from 1:00 to 5:30 P.M. ET, streamed live on SEC.gov. Opening remarks will be delivered by SEC Chair Paul S. Atkins and CFTC Acting Chair Caroline D. Pham, with closing commentary […]
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Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top
Business

Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top

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Instagram has officially surpassed 3 billion monthly active users, according to Meta CEO Mark Zuckerberg. Celebrating the milestone, Zuckerberg shared on his Instagram channel, “What an incredible community we’ve built here.” This achievement marks a significant moment for the photo and video-sharing app, which was acquired by Meta in 2012 for $1 billion. The last […]
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China’s Silence Deepens Uncertainty Over Trump’s TikTok Deal
Business

China’s Silence Deepens Uncertainty Over Trump’s TikTok Deal

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After U.S. President Donald Trump announced his approval of a deal that could keep TikTok operating in the United States, Beijing’s response has been strikingly muted. Despite the app’s global popularity and political weight, Chinese state media and online discussions have offered little commentary, signaling the government’s cautious stance as it ultimately holds the power […]
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Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations
Business

Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations

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Lufthansa announced on Monday that it will cut 4,000 jobs worldwide by 2030 as part of a major restructuring plan that leans heavily on artificial intelligence to boost efficiency and profitability. The airline group said most of the reductions will target administrative roles, particularly in Germany, as the company streamlines overlapping tasks and embraces digital […]
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Startup Founder Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud
Business

Startup Founder Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud

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Charlie Javice, the 33-year-old founder of fintech startup Frank, has been sentenced to just over seven years in federal prison after being convicted of defrauding JPMorgan Chase in its $175 million acquisition of her company. In March, a jury found Javice and her former chief growth officer, Olivier Amar, guilty on three counts of fraud […]
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How a “Nudify” Website Turned Friends Into Unexpected Leaders in the Battle Against AI-Generated Porn
Technology

How a “Nudify” Website Turned Friends Into Unexpected Leaders in the Battle Against AI-Generated Porn

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In June 2024, technology consultant Jessica Guistolise received a late-night call that would alter her life. An acquaintance, Jenny, revealed disturbing evidence: her estranged husband had used an AI-powered platform called DeepSwap, a so-called “nudify” site, to generate deepfake pornography of more than 80 women in Minneapolis — all created by manipulating personal social media […]
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EA to Go Private in Record $55 Billion Deal, Shareholders to Receive $210 Per Share
Business

EA to Go Private in Record $55 Billion Deal, Shareholders to Receive $210 Per Share

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Electronic Arts (EA) announced Monday that it will be taken private in a massive $55 billion all-cash acquisition led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. Under the agreement, EA shareholders will receive $210 per share in cash, marking one of the largest leveraged buyouts in Wall Street history. The […]
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China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up
Business

China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up

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Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]
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