GoKawiil
Tech News
Wireless carriers increasingly promote installment financing that spreads a phone's cost over 24 to 36 months, sometimes bundling in taxes and activation fees so nothing is due upfront. However, these deals often come tied to bill credits or trade-in credits that require staying on a specific plan or carrier, and switching providers or plans midway can void remaining credits or trigger full remaining balance payments.
A federal appeals court struck down the Department of Energy's emergency order requiring the J.H. Campbell coal-fired power plant in Michigan to remain operating, finding the government had no factual basis for declaring an emergency. The ruling undercuts the Trump administration's use of emergency authority to override utility retirement plans for aging fossil fuel infrastructure.
Larry Ellison has scrapped a 10b5-1 trading plan that would have allowed him to sell up to 50 million Oracle shares, worth about $7.5 billion at current prices. The plan, adopted June 22 and set to expire Oct. 24, had been disclosed in a regulatory filing just a day before its cancellation, and no shares were ever sold under it. Oracle says Ellison has no other plans to divest any of his stock.
Oracle co-founder Larry Ellison called off a prearranged plan to sell as many as 50 million shares of Oracle stock, a transaction that could have been worth up to $7.5 billion. Ellison confirmed that no shares were actually sold under the arrangement before it was withdrawn.
Dario Amodei published an essay calling on AI companies to deliberately pace the advancement of model capabilities rather than halt progress altogether. His plan includes granting third-party evaluators employee-level access to verify safety practices, coordinating safety standards among AI firms in democratic nations, and eventually extending that coordination to include authoritarian governments. Anthropic says it has already unilaterally adopted the first step.
Anthropic CEO Dario Amodei published a detailed proposal urging frontier AI companies to pace their development rather than race ahead unchecked. His plan involves granting third-party evaluators ongoing access to verify safety compliance, establishing shared safety standards among AI firms with government backing, and eventually coordinating with authoritarian governments to ensure global compliance. Anthropic says it has already committed to the first step of the plan.
Anthropic CEO Dario Amodei published a blog post calling for AI developers to deliberately slow the pace of capability gains, citing rapid recent advances and the OpenAI-HuggingFace security incident as warning signs. He outlined three approaches to this 'pacing' and committed Anthropic to one: allowing third-party evaluators, such as METR, to be embedded within the company to verify safety commitments and ensure incidents are reported. The post follows a researcher's public resignation from Anthropic over fears that AI labs are risking catastrophic outcomes.
Oracle co-founder Larry Ellison adopted a trading plan on June 22 permitting him to sell as many as 50 million shares, worth roughly $7.5 billion at current prices, through October 24. Even after a full sale, Ellison would retain about 1.1 billion shares and remain Oracle's largest shareholder with over 40% ownership.
A DC Circuit Court of Appeals panel unanimously ruled that the Department of Energy's use of emergency wartime powers to keep the J.H. Campbell coal plant in Michigan running past its scheduled closure was unlawful. The DOE had issued five consecutive 90-day emergency declarations under the Federal Power Act to prevent the plant from shutting down, despite no actual power shortage.
The EPA is proposing to eliminate a federal rule requiring states to notify the public and accept comments before approving air-pollution permits for industrial facilities, including data centers and the power plants built to supply them. A separate EPA proposal from last month would also allow developers to begin construction before permits are finalized. These changes come as data centers expand rapidly across the rural South, disproportionately affecting Black communities.
PayPal's chief executive is moving forward with an internal restructuring strategy after a proposed $50 billion acquisition of the company failed to materialize. The plan reportedly includes incentives tied to performance, with the CEO eligible for a $25 million bonus if the turnaround convinces investors of its merit.
Florida's Department of Highway Safety and Motor Vehicles confirmed the ShinyHunters extortion group breached its DAVID driver database on September 4, 2026, after the gang claimed to have stolen over 200,000 driver records. FLHSMV said the intruder used login credentials from a single Plant City Police Department account that had been improperly saved on the employee's personal device, contradicting ShinyHunters' claim that it exploited a password-reset flaw across multiple accounts.