Archive
Shares of DraftKings and Flutter Entertainment surged after the Ninth Circuit Court of Appeals ruled that sports prediction contracts are not financial swaps, clearing the way for Nevada to enforce state gambling regulations against platforms like Kalshi, Robinhood, and Crypto.com.
The New Mexico Supreme Court has sanctioned defense attorney Stephen Aarons with a $5,000 fine and held him in contempt after he submitted an appellate brief containing artificial intelligence-generated fabrications.
Fred Alger Management CEO Dan Chung rebuilt the firm after the Sept. 11 attacks, expanding assets to over $47 billion driven by high-conviction technology investments in Nvidia, CrowdStrike, and Nebius Group.
A growing jurisdictional feud between state gaming regulators and federal financial overseers over prediction platforms Kalshi and Polymarket may end up before the U.S. Supreme Court following conflicting federal circuit court rulings.
China's top court has released judicial directives prohibiting unauthorized AI deepfakes, voice cloning, and algorithmic price discrimination, while establishing provider liability for infringing output.
New Jersey has asked the U.S. Supreme Court to rule on whether state gaming regulators can enforce local laws against Kalshi, following conflicting federal appellate rulings over CFTC swap definitions.
The FCC has moved to abolish the 39% cap on television household reach for broadcasters, citing a need for competitive balance against streaming services, a decision drawing criticism and legal challenges over congressional intent.
Leadership shifts within Google's artificial intelligence division follow a series of high-profile departures, prompting scrutiny of the company's commitment to frontier AI.
