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INSANE: 11 - The Real Truth

Elon Musk's big payday from SpaceX IPO

Investors who bought the shares are unlikely to see the explosive growth that past IPOs had

Salon

'It's not a jailbreak' — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says

"It was Defense Oriented Prompting (DOP), capabilities defenders need."

Fortune

I switched back to Verizon Wireless for 30 days — and now I understand why ultra wideband is such a big deal

Switching back to Verizon Wireless for 30 days proves to me the big advantage of accessing 5G Ultra Wideband speeds on my phone.

Tom’s Guide

From analysis to the latest developments in health,
read the most diverse news in one place.

AI costs spike as subscriptions hit pricing wall — firms turn towards Chinese LLMs, open-source models to extend budget

Companies look for cheaper alternatives as token costs for frontier AI models skyrocket, potentially impacting OpenAI and Anthropic's bottom lines. Subscriptions also take a bite out of these startup's profitability, as utilization rates higher than 5.7% could lead to losses.

Tom’s Hardware

This EV Giant Now Wants to Power AI Data Centers. How to Play Its Stock Here.

General Motors has decided to enter the energy storage market amid rising demand from data centers.

Barchart

3 Million Seniors Lost Their Medicare Advantage Plan in 2026: 7 Moves to Make Before Your Coverage Lapses

Millions of Medicare beneficiaries received an unpleasant surprise heading into 2026. Approximately 2.9 million Medicare Advantage enrollees were forced to find new coverage after insurers...

Saving Advice

Anthropic disables access to top-tier AI models after US ban on foreign use

AI giant Anthropic said in a statement released Friday that it had disabled its most advanced AI models, known as Fable 5 and Mythos 5, after the US government ordered it to suspend access to the models for foreign nationals, citing unspecified national security concerns.

France 24

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Sam Bankman-Fried loses bid to overturn crypto fraud conviction

Sam Bankman-Fried's bid to overturn his fraud conviction and 25-year prison sentence has failed. The appeals court found prosecutors' evidence robust. Bankman-Fried used FTX customer funds for personal expenses. He was found guilty of stealing $8 billion. He is eligible for release in 2044. He is also seeking a presidential…

The Economic Times

Never Co-Sign This, Financial Advisors Warn

A simple signature can turn into one of the most expensive favors a person ever makes. Financial advisors regularly caution clients about co-signing loans because the risks often outweigh the rewards. While helping a friend, child, sibling, or romantic partner may seem like the right thing to do, co-signing creates…

Clever Dude

'Before I Even Drove A Mile': Woman Pays Kia Dealership $3,299 To Fix Alternator. Then She Tries To Drive Off The Lot

"They test drove it."

Motor1

TJX: Retail’s Apex Predator Feasts on Inflation

TJX Companies leverages macroeconomic pressure to expand margins and deliver substantial shareholder returns through aggressive buybacks and consistent dividends.

MarketBeat

Facebook and Instagram were down — live updates on outage hitting Meta services

Facebook, Instagram and other Meta services aren't working for people all around the internet.

Tom’s Guide

Anthropic suspends top AI models after US order

Anthropic has suspended its powerful new AI models after US government authorities raised security concerns.

AAP

The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control

The Guardian - US

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Reason

Large Libel Models Ruling in Germany, Allowing Liability Against Google AI

From Matthias Bastian (The Decoder) Tuesday: Landmark German ruling declares Google's AI Overviews are Google's own words and makes it… The post Large Libel Models Ruling in Germany, Allowing Liability Against Google AI appeared first on Reason.com.

The Guardian - US

US justice department approves $111bn merger of Paramount and Warner Bros Discovery

Deal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys general

Fortune

Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access

The directive would even bar Anthropic's own foreign employees from using Fable and Mythos. Anthropic called the government position "a misunderstanding".

The Economic Times

US orders shutdown of Anthropic’s Fable 5, Mythos 5 over security concerns

The US government has ordered Anthropic to halt access for foreign nationals to its Fable 5 and Mythos 5 artificial intelligence models. This directive stems from national security concerns. Anthropic believes there may be a misunderstanding and is working to restore access. Other Anthropic models remain unaffected by this order.

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news in one place.

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AAP

A coalition sues to block Kentucky's new 14.25% prediction markets tax

A coalition including Kalshi, Crypto

International Business Times

Business Inflation Jumps To Highest Level Since 2022 As Iran War Drives Up Energy Costs

Higher fuel costs linked to the Iran conflict pushed producer prices sharply higher in May, adding pressure across the U.S. economy.

The Economic Times

US district court rejects patent claims against Hexaware Technologies

A US district court dismissed patent infringement claims against Hexaware Technologies, ruling that Natsoft Corporation's asserted patents covered abstract ideas, not concrete inventions, and were thus ineligible for protection. Hexaware stated the ruling validated its confidence in its proprietary platforms, developed through its own engineering efforts.

Bangkok Post

US clears Paramount's $111 bn Warner Bros. takeover

LOS ANGELES (UNITED STATES) - The US Justice Department on Friday cleared Paramount Skydance's $111 billion takeover of Warner Bros. Discovery, handing a major win to a media empire financed by one of President Donald Trump's closest billionaire allies.

AAP

Paramount Skydance merger with Warner Bros. Discovery won't harm competition, consumers, DOJ says

The U.S. Justice Department has determined that Paramount Skydance's proposed acquisition of Warner Bros

Barchart

McDonald’s Is Letting AI Take Your Orders Again. A Million Orders Later, the Results Look Promising.

Despite some customer pushback, McDonald's management seems adamant to implement AI in the order-taking process.

International Business Times

ChatGPT Reaches 1 Billion Monthly App Users As AI's Role In Society Continues To Grow

OpenAI's ChatGPT reached one billion monthly active app users in May, marking a new milestone for consumer technology adoption.

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People

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