Big Tech’s desperate last push at AI regulation

At Washington's request, Anthropic suddenly took its newest and most powerful AI models offline over the weekend. The American company said it had little choice after the White House demanded it block access for all foreign nationals, including its own employees. Abroad, the incident offered a sobering reminder that the US not only dominates frontier AI - its government also wields power over who gets to use it. The Trump administration's action was swift, sweeping, and imposed with little warning or explanation. The unprecedented shutdown of the Fable 5 and Mythos 5 models - which were already subject to safeguards limiting their use in " … Read the full story at The Verge.

Washington’s suspension just strengthened Beijing’s pitch for its own competing AI models

Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The proposal follows FBI-cited losses of more than $333 million, with older Americans accounting for most known-age financial losses. Bipartisan Bill Would Set Crypto ATM Limits […]

House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users while establishing clearer tax treatment for key activities across the sector. House Tax Panel Reviews Eight Digital Asset Tax Proposals The House Ways and Means […]

In her work as an online safety campaigner, the baroness and Bridget Jones director has seen things she can never unsee – and she’s furious at the tech overlords doing nothing to stop the abuse Through the open windows behind Beeban Kidron drifts the unmistakable sound of children playing. Her north ­London office is sandwiched between a school and a nursery, and the occasional playground shriek functions as an aural reminder of what we’re here to discuss: the safety and happiness of young people, growing up in an age of screens. Though our conversation takes some dark turns, only once does the film director turned crossbench peer and online safety campaigner for children lose her composure. “I have seen a lot of things I’d rather not see,” she says, slowly. “But the worst thing was not the most extreme. It was watching a child’s face as she realised that the person who she thought was her friend wasn’t her friend; that the sex acts she’d been doing weren’t for her friend; and that the

Bitcoin briefly breached $64,000 following U.S. President Donald Trump’s announcement of a tentative peace deal between Washington and Tehran. Bitcoin Eyed $64K Amid Geopolitical Whiplash On June 12, bitcoin breached the $64,000 mark as enthusiasm was sparked by U.S. President Donald Trump’s announcement that Washington and Tehran had reached a deal to end hostilities. Market […]

"We want Congress to incentivize companies to build on secure federal land, rather than creating barriers that drive them away," an Army official said.

The former SEC and CFTC chair says Congress "categorically" did not intend to put sports betting under exclusive federal oversight.