New British Defense Secretary Says Europe "Shaken Out Of Complacency" By Trump

OpenAI Hits Back At Apple In Trade Secrets Lawsuit Authored by Bill Pan via The Epoch Times, OpenAI has pushed back against Apple's accusations that it stole the iPhone maker's hardware secrets, blaming the dispute on Apple's own handling of departing employees. In a court filing on Monday, OpenAI asked a federal judge to deny Apple's request for a preliminary injunction, which would bar the ChatGPT maker and two former Apple employees from accessing, using, or disclosing alleged trade secrets while the case proceeds. "This dispute is a mess of Apple's own making,...

The AI Transition: Even Dinosaurs Weren't Stupid Enough To Create Their Own Extinction Event By Peter Tchir of Academy Securities A Bridge Too Far? The AI TRANSITioN? Last weekend we discussed Molotov Cocktails, Volatility, Stability, & Faux Liquidity. In a nutshell, it was about: The transition from one steady state to another steady state can be volatile. A rules-based world, dependent on trade, to a ProSec-based world where each country operates more independently. The transition from a pre-AI world to an AI world. Faux liquidity – or our assessment that market structure is set up to...

Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on Monday introduced legislation that would prohibit federally regulated prediction-market platforms from offering wagers on sports events, targeting what they call a regulatory backdoor that has let online betting proliferate beyond state control. Reading between the lines, prediction market betting is...