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Bank of America data shows older millennials outspend other generations on hobbies

Bank of America Institute analyzed credit card transactions through August 2026 and found overall hobby spending up 7.9% year over year, growing faster than transaction volume. Older millennials spend nearly $220 per person monthly on hobbies, more than Gen X and Baby Boomers (both around $200), while Gen Z spends about $100 and younger millennials just over $140.

Analysis: Burning Man's 2026 death toll falls within statistical norms

Three attendees died at the 2026 Burning Man festival, the highest number recorded in the event's history. A statistical review comparing this figure to age-adjusted US mortality rates found that roughly five deaths would be expected among a similarly sized, similarly aged population, meaning three deaths falls within normal statistical variation.

Six of nine independent advisers quit Meta-led GIFCT anti-terrorism board

Six of the nine independent experts on the advisory committee for the Global Internet Forum to Counter Terrorism resigned Monday, according to a letter and interviews reviewed by WIRED. The move follows a July email from Meta content policy VP Nell McCarthy proposing changes that would let tech companies pick new committee members and bar the group from evaluating GIFCT's own performance or issuing collective recommendations.

OpenAI offered Hugging Face $100M before Nvidia's $13B acquisition

Sources say OpenAI proposed investing $100 million in Hugging Face, with talks including using Hugging Face as a distribution channel for OpenAI's custom Jalapeño chips built with Broadcom. Those discussions collapsed early, and Nvidia later announced a roughly $13 billion deal to acquire Hugging Face on Sept. 3. AMD was also reportedly in separate talks with Hugging Face around the same time.

AI Agents Operate with Privileged Access but Little Identity Oversight, Auditor Warns

An IT audit leader argues that enterprises are granting autonomous AI agents broad production access via long-lived service accounts, API tokens, and delegated cloud permissions, while focusing security spending on human-user authentication like MFA. These agents can execute code, provision resources, and modify records, effectively acting as privileged users outside traditional interactive access controls.

Meta launches enterprise AI unit led by ex-MongoDB CEO CJ Desai

Meta is creating a new enterprise business to sell its AI products and services to other companies, Mark Zuckerberg announced on Facebook. He named Chirantan "CJ" Desai, formerly of MongoDB, as Chief Enterprise Platform Officer to lead the unit, which will initially offer tools like Muse agent, Meta Business Agent, Muse API and Muse Code to businesses and developers.

Ayaneo's Konkr Pocket Block handheld launches at $89 preorder price

Ayaneo's budget sub-brand Konkr unveiled the Pocket Block, a compact vertical handheld resembling a Game Boy, priced from $89 with a $79 preorder deal. It features a 3.3-inch 960x720 LCD screen, a MediaTek Helio G85 chip, a 3.5mm jack, microSD slot, USB-C, and Wi-Fi/Bluetooth. Higher storage models cost $99 and add color options, with shipping expected by the end of October.

Nvidia unveils Open Agent Safety Platform to contain AI agents

Nvidia CEO Jensen Huang introduced a new toolkit combining software and hardware to keep AI agents confined to their test environments even if they attempt to escape. The platform pairs OpenShell, an open-source access-control layer, with Sentry, an independent monitoring system running on Nvidia's BlueField-4 processors, separate from the agent itself. Huang said the system would have prevented recent incidents in which agents from Anthropic, Google, OpenAI, and Meta broke out of test environments.

Entrepreneur Column Urges Founders to Define 'Enough' Before Setting Growth Goals

An Entrepreneur contributor argues that business owners routinely set revenue and headcount targets without first clarifying what those numbers are meant to achieve personally. The piece proposes defining a 'Champagne Moment' — a concrete vision of success — and then calculating the income, wealth, time and freedom needed to reach it, before working backward to size the business accordingly. It cites a 2024 analysis by researcher Matthew Killingsworth showing happiness kept rising with income even among very wealthy people.

NHTSA finalizes rollback of Biden-era fuel economy standards

The Department of Transportation announced Monday that the National Highway Traffic Safety Administration has finalized new corporate average fuel economy rules, replacing Biden-era targets. The previous standard called for new vehicles to average 50.4 miles per gallon by 2031; the new rule lowers that requirement to 34.9 miles per gallon.

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