Author: Michael Comaous

On Friday, a jury in California determined that Elon Musk had misled investors in Twitter via public statements that depressed the price of the company’s stock ahead of Musk’s purchase of the service. Because this was a class action lawsuit, Musk is likely to owe damages to a huge range of investors—payments that may ultimately reach billions of dollars. In the lead-up to Musk’s ultimate purchase of the social media platform, he made a number of comments on the platform itself and while appearing as a guest on a podcast, largely focused on the alleged prevalence of bot accounts on…

Anthropic submitted two sworn declarations to a California federal court late Friday afternoon, pushing back on the Pentagon’s assertion that the AI company poses an “unacceptable risk to national security” and arguing that the government’s case relies on technical misunderstandings and claims that were never actually raised during the months of negotiations that preceded the dispute. The declarations were filed alongside Anthropic’s reply brief in its lawsuit against the Department of Defense and come ahead of a hearing this coming Tuesday, March 24, before Judge Rita Lin in San Francisco. The dispute traces back to late February, when President Trump…

A California jury determined that Elon Musk misled Twitter investors before making a $44 billion deal to buy the company in 2022, reports CNBC. The New York Times reports that Musk had testified this month that he didn’t believe his posts would spook markets, but he did say that “If this was a trial about whether I made stupid tweets, I would say I’m guilty.”CNBC reports Musk’s attorneys are expected to file an appeal, as damages could reach as high as $2.6 billion, according to attorneys representing the plaintiffs.While finding that Musk did not engage in a specific scheme to…

The internet you use every day could soon be dominated by artificial intelligence. Cloudflare CEO Matthew Prince says that AI bots may generate more traffic than humans within the next year or two, marking a major shift in how the web works. Speaking about the current trends with TechCrunch, Prince said bot activity is growing rapidly as AI systems crawl and interact with websites at scale. Before the rise of generative AI, bots were responsible for only 20% of internet traffic. Most of that traffic came from search engines like Google, and some malicious activity. Now, that number is climbing…

It’s been a long time coming, but Microsoft says it has some fixes in the pipeline that might make using Windows 11 less of a nightmare—and yes, one of those fixes has to do with scaling back how often Windows shoves Copilot down your throat. According to a blog post from Pavan Davuluri, EVP of Windows & Devices at Microsoft, updates will roll out to Windows Insiders starting next month and target a few key areas, though most of them have to do with making the overall experience less frustrating. Updates are set to address File Explorer, which Davuluri says…

RokuFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysRoku’s Howdy streaming service is just $3 a month.It includes a solid mix of movies and TV shows, but nothing new.The service will soon add content from Disney and Warner Bros. If you’re looking to save a little money on your streaming budget, there’s an option you might not know about that’s only $3 a month. And that option is about to get even more content, including Disney movies.Alongside its pretty robust free live TV offerings, Roku launched a premium streaming service last fall called Howdy. The service offers a…

Kalshi CEO Tarek Mansour posted a video on Wednesday of six men decked out in business casual doing push-ups on the sidewalk. “This is how Kalshi Q1 board meeting ended,” he wrote on X. The board members are laughing and smiling in the video after their impromptu cardio session, and the mood is jubilant. The next day, it became clear that the team had ample reason to celebrate: Kalshi had just raised $1 billion at a $22 billion valuation, making the company worth on paper roughly double what it was only a few months ago.The funding round represented a bright…

“My job now is to make sure that we can undertake such a transportation [of Discovery] within the budget dollars that we have available. And of course, most importantly, ensuring the safety of the vehicle,” said Isaacman in an interview with CNBC. “If we can’t do that, you know what? We’ve got spacecraft that are going around the moon with Artemis II, III, IV, and V.” “Illustrative examples” If NASA has a preference as to the two outcomes, the draft RFP does not say. Instead, it sets up both possibilities as “illustrative examples” and requests in-depth replies (no longer than…

Kalshi isn’t having a very good week. On Tuesday, the Attorney General of Arizona filed a 20-count criminal complaint against the online prediction market, accusing it of running an illegal gambling business in the state. Now, another southwestern state has taken a big swing at the company: a judge in Nevada has temporarily banned the service from operating in the state as part of an ongoing court case brought by state regulators. Nevada, on behalf of its Gaming Control Board, sued Kalshi in February in an effort to block the prediction site from operating in the state. Officials maintain that…

The Trump administration on Friday unveiled its new legislative blueprint for AI regulation, and the seven-point plan includes a clear message: The federal government should avoid many AI regulations beyond a set of child safety rules, and it should bar states from messing with the “national strategy to achieve global AI dominance.”The plan advises Congress to protect minors using AI services with more safeguards and take action to attempt to prevent electricity costs from spiking due to AI infrastructure. It encourages “youth development and skills training” to boost familiarity with AI tools, without much further detail. But it suggests taking…