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, contradicting prior ruling.
Why it matters: Creates legal uncertainty for prediction market platforms; likely headed to Supreme Court for final resolution.
OpenAI says it plans to stop providing its models to Cursor
TL;DROpenAI cutting off AI model access to Cursor, citing concerns about SpaceX's compliance with terms.
SK Hynix breaks ground for its $4B advanced memory chip packaging
TL;DRSK Hynix is building a $4B chip packaging plant in Indiana; production starts late 2029.
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Jio Platforms, which owns India's largest carrier and counts Meta
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Xiaomi and CXMT say the Xiaomi 18 Fold smartphone will debut CXMT's
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Texas, which didn't join a multi-state case against Meta, negotiated
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Meituan reports Q2 revenue up 14.4% YoY
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New Mexico Adds DARPA QBI Stage C and QuantumEAGLe to Targeted Federal
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Chinese Chipmaker CXMT sues Pentagon to Get Off US Blacklist
Chinese chipmaker CXMT is suing the Pentagon to challenge its military blacklist designation.
Is China Secretly Fueling America's Data Center Rage?
China-linked bot accounts pushed anti-AI data center posts on X to sway American opinion.