Government & Policy

‘Prediction markets’ set to pay out $450M to election bettors

Government & Policy /

Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online betting sites, says Reuters. As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race.  Talking with […]

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The FTC comes after neobank Dave for misleading marketing, hidden fees

Government & Policy /

The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted their

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It’s Election Day, and all the AIs — but one — are acting responsibly

Government & Policy /

Ahead of the polls closing on Tuesday, most of the major AI chatbots wouldn’t answer questions about U.S. presidential election results. But Grok, the chatbot built into X (formerly Twitter), was willing to respond — and often with mistakes. When asked by TechCrunch on Tuesday evening on the East Coast who won the U.S. presidential

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India issues notice to Wikipedia over concerns of bias

Government & Policy /

Wikipedia is facing mounting regulatory pressure in India as local authorities question whether the platform should continue to enjoy legal protections as a neutral intermediary rather than being classified as a publisher.  The Indian Ministry of Information and Broadcasting issued a notice to Wikipedia on Tuesday questioning the encyclopedia’s intermediary status that’s offered to tech

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From Lime to Uber to Hertz: Free and discounted Election Day rides

Government & Policy /

Election Day is nearly here, and if you haven’t already mailed in your ballot or gone in for early voting, you might need a ride come November 5.  Here’s a roundup of all the freebies, discounts, and information on getting to the polls that transportation companies are offering. Micromobility Lime is offering free rides to

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From Lime to Uber to Hertz: Free and discounted Election Day rides

Government & Policy /

Election Day is nearly here, and if you haven’t already mailed in your ballot or gone in for early voting, you might need a ride come November 5.  Here’s a roundup of all the freebies, discounts, and information on getting to the polls that transportation companies are offering. Micromobility Lime is offering free rides to

From Lime to Uber to Hertz: Free and discounted Election Day rides Read More »

What can we do about the spread of AI-generated disinformation?

Government & Policy /

Disinformation is spreading at an alarming pace, thanks largely to openly available AI tools. In a recent survey, 85% of people said that they worry about online disinformation, and the World Economic Forum has named disinformation from AI as a top global risk. Some high-profile examples of disinformation campaigns this year include a bot network

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Microsoft and A16Z set aside differences, join hands in plea against AI regulation

Government & Policy /

Two of the biggest forces in two deeply intertwined tech ecosystems — large incumbents and startups — have taken a break from counting their money to jointly plead that the government cease and desist from even pondering regulations that might affect their financial interests, or as they like to call it, innovation. “Our two companies

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