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Mortgage Rate Forecast Clouded by War Moves, Tariffs and the Federal Reserve

Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET The housing market is hardly immune to political and economic volatility, yet mortgage rates have been eerily calm over the last period. Since the spring, the average rate for a 30-year fixed mortgage has moved in a mostly narrow range around 6.8% and 7%. Mortgage rates were expected to gradually improve in 2025. However, the Trump administration's inflationary tariffs, deficit spending and geop

What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getting ready for it

After a brief pullback this week, shares of stablecoin issuer and recent IPO darling Circle were in rally mode again, soaring double-digits on a percentage basis during trading on Thursday and ending the day up close to 8%, after having moved up by more than 600% percent since its debut on the New York Stock Exchange earlier this month. Bitcoin and ether have led a recent crypto rise, as digital assets joined the resumption of the risk-on rally, with additional factors such as the potential for

Meta wins AI copyright case filed by Sarah Silverman and other authors

Federal Judge Vince Chhabria has ruled in favor of Meta over the 13 book authors, including Sarah Silverman, who sued the company for training its large language model on their published work without obtaining consent. His court has granted summary judgment to Meta, which means the case didn't reach full trial. Chhabria said that Meta didn't violate copyright law after the plaintiffs had failed to show sufficient evidence that the company's use of the authors' work would hurt them financially.

Meta Wins Blockbuster AI Copyright Case—but There’s a Catch

Meta scored a major victory in a copyright lawsuit on Wednesday when a federal judge ruled that the company did not violate the law when it trained its AI tools on 13 authors' books without permission. “The Court has no choice but to grant summary judgment to Meta on the plaintiffs’ claim that the company violated copyright law by training its models with their books,” wrote US District Court judge Vince Chhabria. He concluded that the plaintiffs did not present sufficient evidence that Meta’s

Asana picks Dan Rogers, formerly of ServiceNow, to replace CEO Dustin Moskovitz

Lisbon , Portugal - 12 November 2024; Dan Rogers, CEO, LaunchDarkly, on SaaS Summit stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Collaboration software maker Asana said Wednesday it has chosen former Rubrik and ServiceNow executive Dan Rogers to be its new CEO, replacing co-founder Dustin Moskovitz. Rogers will start at San Francisco-based Asana on July 21, the company announced. Rogers will leave his post as CEO of LaunchDarkly, a startup with software for car

US senators reintroduce bill to open Apple and Google's app stores

Senators Marsha Blacburn (R-Tenn.), Mike Blumenthal (D-Conn.), Amy Klobuchar (D-Minn.) Dick Durbin (D-Ill.) and Mike Lee (R-Utah) have reintroduced a bill that would force app store owners like Apple and Google to allow third-party payment systems and sideloading apps, among a collection of other developer-friendly changes. The bill, called the Open App Markets App, was originally introduced in 2021, but it never came up for a vote after passing through the Senate Judiciary Committee in 2022. T

Kalshi closes $185M round as rival Polymarket reportedly seeks $200M

Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm, told TechCrunch in an emailed statement. “There’s no better team than Kalshi to scale prediction markets and reshape how people think about

Tick Bite? Here's What to Know About Lyme Disease and Your Next Steps

You just finished a satisfying summer hike or wrapped up a weekend of yard work when you spot a tick clinging to your clothes. The fresh-air high fades quickly as you remember the risks -- ticks are known carriers of Lyme disease, a growing concern across the US. Lyme disease cases have more than doubled in recent years, according to the CDC, with annual reports jumping from around 42,000 to nearly 90,000. While part of that increase is due to improved detection and reporting methods, the risk

Interstellar Flight: Perspectives and Patience

Interstellar Flight: Perspectives and Patience This morning’s post grows out of listening to John Coltrane’s album Sun Ship earlier in the week. If you’re new to jazz, Sun Ship is not where you want to begin, as Coltrane was already veering in a deeply avant garde direction when he recorded it in 1965. But over the years it has held a fascination for me. Critic Edward Mendelowitz called it “a riveting glimpse of a band traveling at warp speed, alternating shards of chaos and beauty, the white h

The axion may help clean up the messy business of dark matter

In recent years, a curious hypothetical particle called the axion, invented to address challenging problems with the strong nuclear force, has emerged as a leading candidate to explain dark matter. Although the potential for axions to explain dark matter has been around for decades, cosmologists have only recently begun to seriously search for them. Not only might they be able to resolve some issues with older hypotheses about dark matter, but they also offer a dizzying array of promising avenue

What’s inside Genspark? A new vibe working approach that ditches rigid workflows for autonomous agents

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Vibe coding has been all the rage in recent months as a simple way for anyone to build applications with generative AI. But what if that same easy-going, natural language approach was extended to other enterprise workflows? That’s the promise of an emerging category of agentic AI applications. At VB Transform 2025 today, one such applicat

‘Ironheart’ Has Kinks to Work Out, But Flies High Enough

Since Avengers: Endgame, the MCU has examined which heroes will step up now that most of the original characters have bowed out. In the case of Iron Man, this question has mostly been answered in Spider-Man, but fans of the armored Avenger’s comics know his actual successor comes in Riri “Ironheart” Williams, introduced in 2016 by Brian Michael Bendis and Mike Deodato, Jr. Marvel brought Riri into the cinematic fold with 2022’s Black Panther: Wakanda Forever, with the promise of her eventually

National Archives to restrict public access starting July 7

Directions to 8601 Adelphi Rd. Truck Deliveries use entrance at 3301 Metzerott Rd. Address 8601 Adelphi Road College Park, MD 20740 Truck Deliveries - entrance at 3301 Metzerott Road Customer Service Center: 1-866-272-6272 Lost and Found: 301-837-2900 Email: [email protected] Effective July 7, 2025, the National Archives at College Park, MD, will become a restricted-access federal facility with access only for visitors with a legitimate business need. It will no longer be open to the ge

Sony faces another class-action lawsuit over PlayStation Store prices and monopolistic practices

In brief: Sony is facing another class-action lawsuit over the price of games and DLC on its PlayStation Store. The suit has been filed in the Netherlands and claims that the company has been exploiting its dominant position in the console market for at least ten years. According to the legal representatives of the 'Fair PlayStation' campaign, at least 1.7 million Dutch PlayStation owners pay too much for their digital downloads. Economic research shows consumers pay an average of 47% more for

Google could face changes to search in the UK as regulators crack down

Google could face changes to its online search services in the U.K. after regulators raised concerns over the tech giant's dominance. The Competition and Markets Authority on Tuesday said it is consulting on a proposal to give Google "strategic market status," a designation under new competition rules for tech firms that hold entrenched power in a certain market. The watchdog was granted expanded competition and merger control powers this year as the Digital Markets, Competition and Consumers

Can we fix AI’s evaluation crisis?

However, there are a growing number of teams around the world trying to address the AI evaluation crisis. One result is a new benchmark called LiveCodeBench Pro. It draws problems from international algorithmic olympiads—competitions for elite high school and university programmers where participants solve challenging problems without external tools. The top AI models currently manage only about 53% at first pass on medium-difficulty problems and 0% on the hardest ones. These are tasks where hu

Mortgage Rate Predictions: Is This Week the Calm Before the Storm?

Tharon Green/CNET Though the housing market is never immune to political and economic volatility, mortgage rates have been eerily calm. Over the last month, the average rate for a 30-year fixed mortgage has moved in a narrow range between 6.8% and 7%. An escalating war in the Middle East could spark fresh volatility across global markets, significantly affecting oil prices and the US dollar. That would have a ripple effect on long-term Treasury yields and mortgage rates. Mortgage rates had be

macOS Tahoe 26 beta 2 changes Finder icon

Apple has restored decades of precedent and restored color balance to the Finder icon in macOS Tahoe 26 beta 2. A controversial change in beta 1 was met with a healthy dose of criticism. The issue? Finder has a dark side and a light side. The dark side is located on the left half of the face while the light side makes up the right half. Finder in macOS Tahoe 26 reversed this arrangement (while using an outline effect around the right side). The new version restores balance to the universe (whi

ExpressVPN vs. Surfshark: Two of CNET’s Favorite VPNs Compared

ExpressVPN and Surfshark are two heavyweights and sit comfortably among CNET’s top VPN picks thanks to their exceptional all-around performance and privacy protections. I use both ExpressVPN and Surfshark regularly and can tell you that each is excellent at what it does -- but also that each one does things very differently. That’s good, because there are distinctions between ExpressVPN and Surfshark that can make it easier to decide between the two based on your specific needs. In a perfect wor

CoinMarketCap briefly hacked to drain crypto wallets via fake Web3 popup

CoinMarketCap, the popular cryptocurrency price tracking site, suffered a website supply chain attack that exposed site visitors to a wallet drainer campaign to steal visitors' crypto. On Friday evening, January 20, CoinMarketCap visitors began seeing Web3 popups asking them to connect their wallets to the site. However, when visitors connected their wallets, a malicious script drained cryptocurrency from them. The company later confirmed threat actors utilized a vulnerability in the site's ho

Intel to outsource marketing to Accenture and AI, cutting in-house staff

What just happened? Intel is preparing for a major transformation of its marketing operations, marking a significant shift in how the company approaches customer engagement and internal organization. Under the direction of newly appointed CEO Lip-Bu Tan, the technology giant will outsource a substantial portion of its marketing work to Accenture, a global consulting firm, with artificial intelligence playing a central role in the transition. This move is expected to result in significant layoff

4 MacOS email clients that make for great alternatives to Apple Mail (and how they're better)

Jack Wallen/ZDNET I depend on email. I not only communicate with clients, but with friends and family, and you cannot put a price on the ability to manage an overflowing inbox with ease. Although Apple Mail is a good solution, there's often something better, and I've been hunting for an option for some time. These four email apps might well fulfill your email needs in ways that Apple Mail cannot. Also: Raycast is my productivity secret weapon on MacOS - and it's free If I've piqued your curi

Denmark's Archaeology Experiment Is Paying Off in Gold and Knowledge

Ole Ginnerup Schytz, an engineer in Denmark’s sleepy Vindelev agricultural area, had used a metal detector only a handful of times when he found a bent clump of metal in a friend’s barley field. He figured it was the lid from a container of tinned fish and tossed it in his junk bag with the other bits of farm trash that had set his metal detector beeping: rusty nails, screws, scrap iron. A few paces away he dug up another shiny circle. Someone had clearly enjoyed a lot of tinned fish here—into t

Zuckerberg's Employees Have a Wild New Nickname for Him

Half a year in, it seems like Mark Zuckerberg's right-wing turn — which came complete with a woo-woo midlife rebrand — is still going strong. Faced with the return of Donald Trump to the Oval Office, Zuckerberg conveniently molted out of his pseudo-progressive skin and into a darling of the manosphere. He's since appeared on shows like Joe Rogan to complain that US business culture needs to "regrow its manhood," because American capitalism is "culturally neutered." "A culture that celebrates t

Mistral just updated its open source Small model from 3.1 to 3.2: here’s why

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more French AI darling Mistral is keeping the new releases coming this summer. Just days after announcing its own domestic AI-optimized cloud service Mistral Compute, the well-funded company has released an update to its 24B parameter open source model Mistral Small, jumping from a 3.1 release to 3.2-24B Instruct-2506. The new version builds

A shark scientist reflects on Jaws at 50

If you've been in the ocean, there's been a shark not that far from you, and it knew you were there, and you probably had no idea it was there and had a pleasant day in the water. The sharks that do bite people, they take a little bite and they go, what is that? And swim away. That can be real bad if it hits a major artery or if you're far from shore. Again, I don't want to minimize the real harm. But it is not a shark hunting you because it has a taste for human flesh. They don't have hands. Th

Everything we know about Tesla's robotaxi launch in Austin

Tesla 's long-overdue robotaxi is finally hitting the streets this weekend, but the rollout may face some roadblocks. The Elon Musk-led electric vehicle company is expected to roll out robotaxis in Austin, Texas, on June 22, with the first driverless trip from the factory to a customer house expected on his birthday, June 28. Musk shared news of the tentative debut in a post to social media platform X last week. Here's what we know about the Tesla event so far. When and where The launch wil

Gigabyte Radeon RX 9060 XT Review: Great Value Gaming

It's AMD's turn. After months of $2,000+ GPUs and long discussions of DLSS, we're finally on the red team's turf. AMD's strength historically lies at the budget end of the spectrum, where the majority of gamers are playing at 1080p, and spending $1,000 or less for their entire system. Even though we really recommend splurging on a GPU, that's just not the reality for most folks. An $800 GPU needs $1,200 in other parts, and at that point most people who aren't into PC gaming will start shopping

Elden Ring Nightreign is getting even harder bosses

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. The bosses in Elden Ring Nightreign are already pretty tough. But if you’ve gotten good and need a harder challenge, you’ll be able to take on “Everdark Sovereigns,” which are more difficult versions of the game’s Nightlord foes you face to conclude a run. “These limited-time versions of the Nightlords are extremely challenging and pose an even greater threat to the Nightfare