Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: franperez66q@protonmail.com
Anthropic’s early meetings with prospective investors ahead of its potentially historic initial public offering have been high level and have not included discussions about specific financials or a valuation, sources told CNBC’s David Faber.The artificial intelligence company confidentially filed its prospectus with the Securities and Exchange Commission in June, setting the stage for its highly anticipated public markets debut. The company has not disclosed an official timeline for when it plans to go public, but it has been holding preliminary meetings to test the waters with some investors in recent weeks.Anthropic CFO Krishna Rao is leading the meetings, the people…
Kalshi claims it doesn’t have to follow state laws To get a preliminary injunction, a plaintiff must show they are likely to succeed on the merits of their claims. McHale found that Washington is likely to succeed in proving its claims that Kalshi violated state laws on gambling and consumer protection. “Kalshi operates an online betting platform that it advertises as a ‘prediction market’ and that allows consumers to bet on thousands of topics ranging from sports, political elections, entertainment, popular culture, and whether public figures will utter specific words or phrases (mentions’),” McHale wrote. The judge found that “Kalshi’s…
Cisco shares dropped 8.4% on Thursday, as the networking equipment vendor’s better-than-expected earnings report and strong guidance failed to impress Wall Street. The company said revenue in the current quarter will be between $18 billion and $18.2 billion, topping the $16.8 billion average estimate, according to LSEG. Revenue in the fiscal fourth quarter increased 18% to $17. 3 billion, while analysts were looking for $16.8 billion. Analysts at Piper Sandler wrote, in a note after the report, that Cisco showed good numbers for the quarter, but their guidance “looks conservative given the current demand environment.” Some investors “may start to nitpick…
Although the prompt injection attack seems ineffective at this point, Spader warned that prompt injection “was not among the dangers we contemplated” when courts were first grappling with AI scrambling justice systems. In Connecticut, like many other court systems, the focus so far has been on policing AI outputs that damage trust in courts, like hallucinated citations or fabricated quotes, not inputs like prompt injections. Courts will most likely need to draft rules around prompt injection, too, Spader suggested, since Elliott’s case shows the technology and its misuses are rapidly advancing. If not, attorneys may find their own clients using…
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025.Stefani Reynolds | Bloomberg | Getty ImagesNvidia disclosed on Friday that its stake in Elon Musk’s SpaceX was worth about $21 billion at the end of the second quarter. The chipmaker said in a filing with the Securities and Exchange Commission that it owns 122.8 million Class A shares in Elon Musk’s rocket maker, which held its public market debut in June. SpaceX’s stock closed…
Zach Witkoff, co-founder and CEO of World Liberty Financial and chairman of Alt5 Sigma Corp., right, and Eric Trump at the Nasdaq MarketSite in New York, Aug. 13, 2025.Adam Gray | Bloomberg | Getty ImagesA federal financial regulator has conditionally approved an application for a bank charter by an entity connected to World Liberty Financial, a crypto firm partially owned by President Donald Trump’s family.The Office of the Comptroller of the Currency on Friday gave conditional approval to World Liberty Trust Company’s application for a national trust bank, according to a letter posted on the OCC’s website. The trust company…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Whenever a company attracts a takeover or an activist, it’s a backhanded compliment. The implication is that it is either undervalued or not being run well, and often both. British bosses are getting more of this uninvited attention. Merger proposals targeting UK groups are already at an eight-year peak in 2026, according to Dealogic. EasyJet, Schroders, Tate & Lyle, Segro and Intertek are among the trophies picked up by foreign buyers. But activism is rising too: the UK was the number-three destination for…
The first flight of the largest battery-electric aircraft to take to the skies lasted nearly half an hour while costing just $5 of electricity. That aviation feat comes at a time when jet fuel prices have skyrocketed because of the US war with Iran. The test flight of Heart Aerospace’s X1 demonstrator aircraft took place at Plattsburgh International Airport in upstate New York on August 12. The X1 aircraft is comparable in size to a small regional airliner and can achieve a maximum takeoff weight exceeding 25,000 pounds with the help of four wing-mounted electric motors. The battery-electric propulsion system…
Sarah Friar, CFO of OpenAI, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 21st, 2026. Oscar Molina | CNBCAt the end of a week of turmoil in OpenAI’s C-suite, finance chief Sarah Friar held a meeting with investors on Friday, and touted the company’s growth in enterprise, which she said now accounts for more revenue than the ChatGPT-led consumer business.”We entered the year at 60-40, but enterprise has accelerated much faster than expected and those lines have now crossed,” Friar said, according to a person who was in attendance but asked not to…
Dutch officials have warned that a high-severity macOS vulnerability that allows attackers to execute malicious code is under active exploitation. “The NCSC has received a notification indicating that active abuse of this vulnerability has been observed on multiple systems on which port 5900 was accessible from the Internet,” the Netherlands National Cyber Security Centrum warned earlier this week. “In all these cases, root had been accessed on the affected system and a Monero crypto miner had been placed.” Do you know if your screen sharing is on? The vulnerability, tracked as CVE-2026-65400, received a patch from Apple last week for…
