SoftBank shares fell 12% after reports
SoftBank shares fell 12% after reports that OpenAI may delay its IPO until 2027; expectations of a windfall from OpenAI's debut helped support Softbank's stock
SoftBank Group Corp.'s stock fell by 12% on concerns that OpenAI may hold off on an initial public offering until next year and delay returns for its Japanese backer.
California launches tool to serve as an "early warning system"
California launches a tool to serve as an “early warning system” for widespread AI-driven job loss, linking AI exposure with unemployment insurance claims — Politicians like California Governor Gavin Newsom are under pressure to appear proactive in the face of the technology's threat to the labor market
Spain To Require Carriers To Keep Mobile Networks Live During Power
An anonymous reader quotes a report from Reuters: Spain will require mobile networks to have backup systems that maintain connectivity when power outages occur. Per a royal decree that will be approved by the end of 2026, mobile network operators (MNOs) and infrastructure…