An appeals court rules states can regulate prediction markets, finding
An appeals court rules states can regulate prediction markets, finding Kalshi's sports event contracts are bets, not swaps, and subject to state gambling laws
TL;DRAppeals court says states can regulate prediction markets as gambling, not financial instruments.
Why it matters: Creates legal uncertainty for prediction market platforms; Supreme Court may need to settle conflicting rulings.
OpenAI says it plans to stop providing its models to Cursor
TL;DROpenAI cutting off AI model access to Cursor on November 12 over terms-of-service concerns.
Jio Platforms, which owns India's largest carrier and counts Meta
TL;DRIndia's largest telecom company Jio gets approval for a $4 billion IPO.
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