A former Thiel fellow’s startup just launched a drone it says can replace police helicopters

When I speak to Blake Resnick, he’s walking around his drone startup’s newest office space in Seattle—a cavernous 50,000-square-foot facility that, Resnick estimates, won’t be fully set up until later in the year—potentially November. Still, the big (and for now, largely empty) building offers the promise of a fast-growing company intent on conquering its particular […]

OpenAI to shut down Sora app months after launch as focus shifts to agents

OpenAI plans to shut down its Sora AI video generator just months after launching a standalone app, as the company moves to simplify its product lineup and redirect resources toward core AI systems. We’re saying goodbye to the Sora app. To everyone who created with Sora, shared it, and built community around it: thank you. […]

Samsung SmartThings Car-to-Home Service Is Finally Here

Samsung and Hyundai have turned a CES promise into a live dashboard feature, but the first Car-to-Home rollout is narrower than the original vision. The post Samsung SmartThings Car-to-Home Service Is Finally Here appeared first on TechRepublic. Source link

Morgan Stanley to support tokenized stocks on internal venue by 2026

Morgan Stanley will let clients trade tokenized versions of U.S. stocks and ETFs on its internal ATS from late 2026, tying into SEC pilots at DTCC and Nasdaq for on‑chain settlement. Summary Morgan Stanley plans to enable tokenized issuance and settlement for selected blue‑chip U.S. stocks and ETFs on its alternative trading system in H2 […]

Meta loses child safety case, hit with huge financial penalty

A New Mexico jury found Meta liable Tuesday for misleading consumers about the safety of its platforms and endangering children. Meta has been ordered to pay the maximum penalties for each violation of New Mexico’s consumer protection laws, amounting to $375 million. “Meta executives knew their products harmed children, disregarded warnings from their own employees, […]

CFTC Launches Innovation Task Force With Crypto Focus at Center of Broader Regulatory Effort – Regulation Bitcoin News

CFTC Targets Emerging Tech Oversight Framework Regulatory priorities for emerging financial technologies advanced as the Commodity Futures Trading Commission (CFTC) announced on March 24 that Chairman Michael S. Selig has formed the Innovation Task Force. The effort focuses on oversight of novel products developing in U.S. derivatives markets. Operational design of the task force centers […]

Robinhood approves $1.5B buyback as stock nears 55% drop since October high

Robinhood has approved a new $1.5 billion share repurchase program, giving the company more than $1.1 billion of additional capacity as management signals confidence in its strategy and financial strength. The company said it expects to execute the refreshed authorization over about three years, while keeping flexibility to move faster if market conditions allow. The […]

Pentagon’s ‘Attempt to Cripple’ Anthropic Is Troubling, Judge Says

The US Department of Defense appears to be illegally punishing Anthropic for trying to restrict the use of its AI tools by the military, US district judge Rita Lin said during a court hearing on Tuesday. “It looks like an attempt to cripple Anthropic,” Lin said of the Pentagon designating the company a supply-chain risk. […]

Mayor Isko Moreno Taps Qadena Blockchain for City Budget Transparency in Manila

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. Listen to our latest episode Manila City Mayor Francisco […]