
Unsealed filing: Microsoft and OpenAI insiders called news scraping theft
An unsealed brief in the New York Times-led copyright case quotes Microsoft and OpenAI insiders calling news scraping theft and their chatbots substitutive.
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An unsealed brief in the New York Times-led copyright case quotes Microsoft and OpenAI insiders calling news scraping theft and their chatbots substitutive.

ARMA clears the House Financial Services Committee 28-21, sending the first federal Bitcoin reserve bill to the full chamber with a 20-year lockup.

First Fed hike since 2023: the funds rate rises to 3.75%-4% on a unanimous 12-0 vote, with supply shocks dropped from the statement and the Middle East.

OpenAI has held early talks with investors about a new private round near $1.2 trillion, up from $852 billion in March, as its IPO slips past 2026.

U.S. Bank executed a live cross-border payment using USBDC on Stellar between its North American and European entities.

The US Senate rejected the CLARITY Act cloture vote 49-50, far short of 60 needed. Bitcoin fell 5%, Coinbase and Circle down nearly 10%.

Oracle posted record Q1 FY27 revenue of $19.3 billion, a 30% year-on-year increase powered by triple-digit cloud infrastructure growth and a backlog that swelled to $664 billion.

Senate Republicans published the final CLARITY Act text with 126 Democratic changes and a Trump-backed ethics deal, ahead of Tuesday's 60-vote cloture hurdle.
Harvey closed a 550 million dollar round co-led by Diffusion and Lightspeed at a 15.5 billion dollar valuation and acquired Guardrails AI, its fourth deal of 2026.

NVIDIA and Palantir bring AI into the supply chain: material allocation, Time of Ownership and a model at 86.7%. The constraint is now memory and power.

OpenAI CEO Sam Altman has confirmed the company will not pursue an IPO in 2026, citing escalating AI safety concerns as the primary reason for the delay.

OpenAI launches ChatGPT for Financial Services: GPT-6 Astra, bundled licensed data and auditable citations. Morgan Stanley and Evercore shaped the product.

US prices rose 0.4% in August and 3.4% year on year. Core monthly surprised at 0.3% as gasoline surged: markets now price 90% odds of a Fed hike on September 16.

US PPI and CPI both surprised to the upside in August. Gasoline surged 3.9%, core CPI hit 0.3%, and Fed hike odds for September 16 jumped to 85%.

Coinbase and Moov bring stablecoin payments to over 1,000 US community banks, five days before the Senate votes on the CLARITY Act.

Cognition AI closes Series E at $48 billion valuation, led by Andreessen Horowitz and Accel, as run-rate revenue surges to nearly $900 million.

UBS Global Wealth Management reversed its Fed rate forecast, now expecting two 25 bp hikes in September and December 2026 after a blowout August jobs report.

The $899.99 PS5 Pro vanished from US stores after GTA 6's Netflix preview: resale up to $1,500 while Sony earns nothing. The driver is memory inflation.

US diesel hits record 5.85 dollars per gallon, surpassing the 2022 peak, as the Iran war disrupts global fuel supply and pushes up transport costs.

The SEC approved a Nasdaq Texas rule change defining digital commodities and allowing crypto ETPs to hold up to 15% of NAV in non-qualifying digital assets.
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