Prediction market Kalshi on Friday threatened legal action against Netflix unless the streaming giant agrees to take down a trailer for an upcoming documentary about prediction markets. In a cease-and-desist letter sent to Netflix on Friday, Kalshi’s head of litigation, Jovalin Dedaj, alleged that the trailer contains “false and misleading statements.” On Thursday, Netflix released...
Tesla and SpaceX CEO Elon Musk is pushing back on the idea that he supports the "far right," quipping in a recent interview that he backs "normal people" and slamming the media for its coverage of conservatives. In an interview published Thursday by The Economist, Editor-in-Chief Zanny Minton Beddoes suggested Musk "supports not just the...
President Trump on Friday slammed the European Union for fining Google over allegedly violating its digital competition law, stating the "illegal and highly discriminatory practice" will be probed in a trade investigation. "The European Union is at it again and, as usual, taking direct aim at GREAT American Companies!" Trump wrote on Truth Social. "This...
Tech mogul Elon Musk reflected on his brief venture into politics in a new interview released Thursday, suggesting he "got carried away." "I think I got a little too involved in politics," the Tesla and SpaceX CEO told The Economist. "I got carried away frankly." Musk took an increased interest in politics amid the 2024...
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Washington and the technology industry are on high alert this week after OpenAI revealed that some of its AI agents went rogue and hacked into the systems of technology startup Hugging Face. The incident bore out years of warnings from the tech and cybersecurity community about the growing capabilities and hypothetical risks artificial intelligence could...
A new study released on Wednesday finds that dependence on food stamps and Medicaid for gig economy workers has spiked since the start of the pandemic. A U.S. Government Accountability Office (GAO) report found that the number of Amazon workers relying on federal assistance programs has tripled between February 2020 and September 2025. Walmart and...
A plurality of respondents to a recent survey believe China is further along than the U.S. on developing artificial intelligence, as Trump administration officials accuse a Chinese startup of stealing intellectual property. Thirty-six percent of respondents to the Pew Research Center poll think China is more advanced on AI than the U.S., while just 12...
President Trump on Thursday expanded his pledge that aims to have data centers "pay their own way" for the electricity they use, but he took the opportunity to defend data centers at the same time. Trump announced that entities ranging from utilities to state governments are joining the pledge, which was already signed by major tech companies. The...
China defended the country's development of artificial intelligence, stating it comes from "greater self-reliance and strength" after a top White House official accused a Chinese startup of improperly using Anthropic's latest model and accessing restricted Nvidia chips. Lin Jian, China's Foreign Ministry spokesperson, told reporters on Wednesday the country "opposes politicizing and instrumentalizing trade and...