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Report: Public Subsidies Prop Up Private Jet Industry's Emissions and Tax Breaks

A new Institute for Policy Studies report finds that private jets, used by a small fraction of Americans, receive significant taxpayer-funded subsidies and infrastructure support despite their outsized carbon footprint. The study argues that ordinary taxpayers effectively help cover the costs of a travel mode overwhelmingly used by the wealthy.

Sony Music and UMG expand lawsuit to target Suno's new v6 AI music models

Sony Music Entertainment and Universal Music Group have amended their copyright lawsuit against AI music generator Suno, arguing its newly released v6 models still rely on infringing material. The labels claim Suno's own admission that v6 was trained partly on 'user interactions' with earlier models means it indirectly used previously scraped copyrighted recordings, potentially implicating over 60,000 songs.

Unsealed Microsoft filings reveal internal fears AI could gut publisher traffic

Court documents made public show a Microsoft executive privately warning that AI tools risk creating a 'doom loop,' where AI-generated answers siphon traffic away from the news publishers whose content trains and feeds those same systems. The filings suggest Microsoft's internal discussions about this risk contrast with its public messaging about AI and journalism.

Ex-Citadel trader Maria Cabral Menezes launches Reset Spray, hits $10,000 in sales within 36 hours

Maria Cabral Menezes, a 27-year-old former JPMorgan and Citadel trader, left finance to launch Reset Spray, a $29 product she describes as 'dry shampoo for clothes' that lets people refresh lightly worn garments between washes. The spray, which debuted in early August, generated $10,000 in sales in under a day and a half.

Anthropic Builds Robot-Run Biology Lab Guided by Claude

Reuters reports that Anthropic, the AI company known for publicly warning about the risk of AI-assisted bioweapon design, has quietly established a physical wet lab in the US where its Claude model directs robotic assistants through biology experiments. The setup reportedly lets Claude plan and oversee lab procedures with minimal human intervention.

AI chatbot's false report on Chinese ship nearly triggered US military boarding

A US Special Operations Command analyst used an AI chatbot to help analyze intelligence about a Chinese vessel, and the tool wrongly concluded it was carrying nuclear weapons program components through the Middle East. The US military began preparing to intercept and board the ship with air support before officials realized the chatbot had misread the cargo data and the report was baseless.

Automattic taps Jeremy Klaperman as interim CFO after leadership shakeup

Automattic has appointed Jeremy Klaperman, CFO of its WordPress VIP Enterprise unit, as interim Chief Financial Officer following the departure of former CFO Mark Davies. The move comes after a failed attempt to remove CEO Matt Mullenweg last week, which led to the exit of several board members and executives, including Davies and Chief Legal Officer Andy Missan. Mullenweg also said a new Chief Legal Officer candidate has verbally accepted the role, while the board still must formally evaluate CFO candidates.

Angle Health raises $200M Series C at $2.7B valuation

Angle Health, a Y Combinator alum from 2020 that helps small businesses manage level-funded health plans, announced a $200 million Series C round plus a $400 million tender offer allowing employees to sell shares. The round, valuing the company at $2.7 billion, was led by Vitruvian Partners with participation from Town Hall Ventures, Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator, and is expected to close later this month. Angle says it now serves over 5,000 businesses and is profitable.

Threads sees wave of near-identical posts pushing investment schemes tied to fake corporate jobs

Meta's Threads platform has been flooded with posts using nearly identical wording, in which users claim they and their spouses work at major companies like PepsiCo, JPMorgan, Fidelity, or IBM before pivoting to promote investment advice or opportunities. The repetitive phrasing across accounts suggests coordinated or automated activity rather than genuine personal testimonials.

South Korea triples maximum data-breach fine to 10% of company revenue

South Korea's Personal Information Protection Commission has enacted rules allowing fines of up to 10% of a company's annual revenue for major data leaks caused by intent or gross negligence, up from the previous 3% cap. The new rules, effective Friday, apply when 10 million or more people's data is exposed, and also require firms to notify users within 72 hours even if a breach is only suspected. The heightened penalty targets repeat offenders within three years or firms that ignore corrective orders and are subsequently breached.

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