Online Sportsbooks Accused of Being Dangerously Addicting
This class‑action complaint accuses DraftKings, FanDuel, the NFL, and Genius Sports of turning their mobile sportsbook apps into ‘addiction‑amplifying’ machines that weaponize real‑time NFL data and AI‑driven behavioral profiling to push users into nonstop live in‑game microbetting.
Meta and YouTube Held Liable for Social Media Safety
In a first-of-its-kind ‘social media addiction’ trial, a Los Angeles jury ruled that Meta and YouTube negligently designed and ran their platforms in ways that harmed a girl who started using them as a minor, finding their products a substantial factor in her depression, anxiety and body-image struggles and ordering them to pay $3 million in damages.
Jensen Huang Thinks We’ve Reached AGI
On Lex Fridman’s podcast, Nvidia chief Jensen Huang says artificial general intelligence is already here, pointing to the rapid rise of AI agents like those on OpenClaw, but then concedes that even 100,000 of them working together still could not replicate Nvidia’s success.
OpenAI Nixes SORA
OpenAI abruptly killed its Sora video tool as investor pressure, high compute costs, and tough competition forced the company to refocus on profitable, core AI products.
Coinbase Rolls out Mortgage Down Payments
In partnership with Better Home & Finance, Coinbase is introducing a mortgage structure where borrowers can pledge Bitcoin or USDC as collateral to fund their cash down payment on a standard conforming Fannie Mae loan, allowing them to keep crypto exposure but taking on additional debt and restrictions on their pledged assets.
OpenAI Offers Guaranteed Return To Secure PE Investors
In a new push into enterprise, OpenAI is dangling richer terms than Anthropic, including a guaranteed 17.5% preferred return and downside protection, to lure firms like TPG and Advent into an AI joint venture that will fund customized deployments across private‑equity portfolios.
Former NFL Players Shifting to a Different Field
Through their new $150 million firm Synergy Sports Capital, Reggie Bush and Terrence Murphy are taking a controlling stake in LOVB’s Salt Lake City franchise in Utah, betting on the rapid rise of professional women’s volleyball in a region already rich with youth and NCAA talent.
Puig Confirms Estée Lauder Merger Talks
Puig shares jumped more than 13% after the Spanish beauty group confirmed it is in early merger talks with US cosmetics giant Estée Lauder on a potential tie‑up that could create a $40bn global beauty powerhouse, though both sides stressed that no agreement has been reached and key terms remain undecided.
Pernon Ricard and Brown Forman Confirm Merger Talks
Facing a prolonged sales slump, tariff pressures and new rivals such as cannabis drinks, Pernod Ricard and Jack Daniel’s maker Brown‑Forman are in merger talks on a deal seen as a defensive push for cost synergies and greater U.S. whiskey exposure.
Zoox Expanding to Two New Geos
Amazon-owned Zoox plans to put 100 custom-built robotaxis on public roads across Las Vegas, San Francisco, Austin and Miami as it tests rides with employees and waitlisted users.
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