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Tech News
Kalshi, an online prediction market, announced it has permanently banned former Republican Congressman George Santos after determining he likely used insider knowledge to profit from a bet against his own attendance at the State of the Union address. The company said this marks the first permanent ban it has ever issued.
President Trump used a Truth Social post to criticize local communities resisting new AI data center construction, saying such opposition would leave them 'backwards and poor' compared to areas that welcome the projects. The remarks follow a National Republican Senatorial Committee memo flagging voter backlash over data centers as a political risk ahead of the midterms, particularly in Ohio's tight Senate race.
Treasury Secretary Scott Bessent opened G20 finance minister talks in Asheville, North Carolina, seeking backing for new sanctions on Iran, including targeting another bank as part of an effort he calls 'Operation Economic Outcast.' The meeting unfolds against a backdrop of renewed U.S.-Iran hostilities and strained trade relations with allies like Canada following tariff escalations.
A new workplace survey finds that more than one-third of employees admit to deliberately holding back specialized knowledge from AI agents they are asked to help train, fearing the technology will eventually replace them. The trend follows moves like Meta's decision this spring to monitor employees' mouse movements, clicks, and keystrokes on work computers in order to feed real behavioral data into its AI training pipeline.
South Korean officials have dismissed a House Judiciary Committee GOP report accusing them of unfairly targeting Coupang, the Seattle-based e-commerce firm often called Korea's Amazon, over a data breach. The report followed South Korean hearings, threats of criminal charges against Coupang's interim CEO, and a record data-privacy fine, actions Coupang says were disproportionate to what it calls a minor breach. Congressional sources and people close to Coupang tell CNBC the standoff is now souring US-South Korea relations and could trigger retaliatory measures.
Washington expanded its restrictions on foreign-made robotics and drones in July and August, citing national security, adding steep tariffs on imported drones that take effect this September, with component tariffs to follow in 2027. The rules extend the FCC's Covered List, which previously targeted telecom firms like Huawei and Hikvision, to now cover drones and advanced robotic devices, even as Chinese firms dominate global humanoid robot shipments.
Google Maps has updated its display for U.S. users to show 'Lake Ontario' as 'Lake America,' following a formal change in the U.S. Geographic Names Information System. Canadian users still see 'Lake Ontario,' while users elsewhere see both names listed together. The shift has drawn mockery online, with Ontario's premier posting a billboard reasserting the lake's traditional name and MapQuest declining to follow suit.
Amid escalating political pressure from President Trump on the Federal Reserve, commentators are floating ways to strengthen the central bank's accountability mechanisms as a means of preserving its independence. The proposals aim to balance greater oversight of the Fed's decisions with protecting its ability to set monetary policy free from short-term political interference.
Red Lobster is shutting down additional restaurant locations across the U.S. in 2026 as part of an ongoing effort to reduce its footprint following its 2024 Chapter 11 bankruptcy filing. The seafood chain is trying to rebuild its brand while continuing to scale back its physical presence.
A new survey-based study examines how AI adoption in U.S. workplaces affects employment, looking beyond layoffs to also measure job creation and promotions tied to tools like ChatGPT. The research suggests that while some workers face displacement, others are seeing new roles or career advancement as a result of AI integration.
President Trump awarded the Congressional Space Medal of Honor to Artemis II astronauts Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen, who flew around the moon in April. At the same ceremony, he signed an executive order establishing a Presidential Commission, chaired by NASA Administrator Jared Isaacman, to draft plans within 120 days for a new United States Space Academy meant to train personnel for NASA, the Space Force, and private space companies.
Apple increased its Apple TV streaming service price from $12.99 to $14.99 per month, with the annual rate rising from $99 to $119. The Apple One bundle, which includes Apple TV alongside iCloud storage and Apple Music, also rose from $19.95 to $21.95 for individual plans.