Government & Policy

FTX bankruptcy estate sues Anthony Scaramucci, FWD.us, others

Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations including Crypto.com and the Mark Zuckerberg-backed lobbying group Fwd.us. These lawsuits are an attempt to claw back money for FTX’s creditors following the company’s collapse. FTX claims that the money targeted in these suits

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Anthropic teams up with Palantir and AWS to sell its AI to defense customers

Anthropic today announced it’s teaming up with Palantir, the data-mining company, and Amazon Web Services (AWS) to provide U.S. intelligence and defense agencies access to Anthropic’s Claude family of AI models. The news comes as a growing number of AI vendors, for strategic and revenue-related reasons, look to ink deals with U.S. defense customers. Meta

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

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

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

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

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

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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