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what the industry is reading

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Top story Google, Meta and TikTok sue to block California law restricting addictive features for children

The platforms argue Assembly Bill 1709, which requires removal of psychologically exploitative features for minors, is unconstitutional, setting up a major test of state youth social media regulation.

full coverage →policysocial mediaregulation
Tech stocks plunge after midterms as AI investors brace for tighter data center scrutiny

A post-election selloff erased trillions in market value amid expectations that incoming Democrats will increase oversight of AI infrastructure and data center construction.

full coverage →marketsaipolicy
Magnificent 7 lose $1 trillion as AI chip stocks post historic selloff

Nvidia, Qualcomm, AMD and Micron all fell sharply, pushing the Nasdaq to its worst day since April 2025 on fears of an AI spending slowdown.

full coverage →marketsaisemiconductors
Nvidia CEO Jensen Huang asked to brief Congress over ties to alleged Chinese spy

House Republican leaders requested a closed-door briefing with Huang following reports of a relationship with a person alleged to be a Chinese spy, adding scrutiny to the chipmaker.

full coverage →nvidiapolicynational security
Parents sue Google, claiming school Chromebook AI helped plan teen's suicide attempt

The lawsuit alleges the student's access to Gemini on a school-issued Chromebook led to a life-threatening obsession, raising questions about AI safety in education.

full coverage →googleailegal
OpenAI pledges local say on data centers and issues new AI policy recommendations

OpenAI launched a public charm offensive to shift voter sentiment on data centers after midterm backlash, alongside new policy proposals for the industry.

full coverage →openaidata centerspolicy
OpenAI launches GPT-6 Cyber model with 'Critical' cybersecurity rating

The new Astra-based model is designed for vulnerability research and reportedly found ways to attack nearly 1,000 Linux flaws, as AI labs face growing scrutiny of digital infrastructure defense.

full coverage →openaicybersecurityai
New York Times in talks to acquire Letterboxd for around $330 million

The Times Company is in exclusive negotiations to buy the film-lover social network, extending its push into consumer subscription products.

full coverage →mediaacquisitionsnyd
Google plans $17 billion Wyoming data center powered by gas with carbon capture

The Cheyenne facility would be Google's first in Wyoming and rely mostly on natural gas, including a 702 MW fuel cell plant, as data center projects face rising political opposition.

full coverage →googledata centersenergy
Microsoft tightens oversight of neocloud data center projects amid delays and costs

Microsoft is reportedly souring on neocloud partners as data center buildouts face delays and rising costs, a shift with implications for the AI infrastructure supply chain.

full coverage →microsoftdata centerscloud
Meta warns election backlash against data centers could slow AI expansion

Meta said growing political opposition to data center projects could threaten future AI investments as communities push back on large infrastructure builds.

full coverage →metadata centerspolicy
Ten Ohio communities vote to ban large data centers as Amazon project continues

The local votes add to a wave of grassroots resistance to data center construction in the wake of the midterm elections.

full coverage →data centerspolicyamazon
Google will turn off search for schools by default, drawing criticism over AI 'ultimatum'

Google says schools can keep search while skipping Gemini but that AI search is non-negotiable, prompting concerns about the company's leverage over California schools.

full coverage →googleeducationai
Nvidia, AMD, Micron plunge as Musk's Tesla and SpaceX lose $420 billion in market cap

The post-midterm correction hit Musk's companies especially hard, adding pressure on the world's richest person's sprawling business empire.

full coverage →marketsteslaspacex
Meta acquires Conductor, a startup that runs multiple AI coding agents at once

The deal signals Meta's continued push into developer-facing AI agent tooling.

full coverage →metaacquisitionsai
Claude adds Personal Finance feature with read-only bank account linking via Plaid

Anthropic's beta lets US Pro, Max and Ultra subscribers link accounts for spending analysis, but Claude cannot move money.

full coverage →anthropicaifintech
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