Moloch in the Regulatory State

Starbucks Kills Chipotle Takeover Rumor: "We're Not Buying" The Burrito Chain Hopes of buying a Starbucks Iced Brown Sugar Oatmilk Shaken Espresso and a Chipotle Chicken Burrito Bowl under one roof through a possible merger of the two quick-service restaurant chains were squashed Monday morning. "As a matter of policy, we don't comment on rumors and speculation, but we want to be clear we are not buying Chipotle," a Starbucks spokesperson told Barron's. The company said it remains focused on executing its "Back to Starbucks" turnaround strategy. The rumor mill around the...

Kalshi, Polymarket Among 27 Prediction Platforms Banned In Brazil Authored by Amin Haqshanas via CoinTelegraph.com, Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore operate illegally. “We have been monitoring the evolution of this sector in Brazil, which suffered a period of anarchy because there were no rules, no...

Trump AI Executive Order To Seek Early Access To Advanced Models After Anthropic's 'Mythos' model sent shockwaves through the cybersecurity world due to its ability to find and exploit software vulnerabilities at breakneck speed, the Trump administration is reportedly on the cusp of issuing a much-discussed executive order that would encourage AI companies to provide information on their advanced models to the government before public release.  Anthropic's Dario Amodei According to Axios, the order - which could come as soon as this week - will outline plans for a voluntary framework - meaning companies...