BizToc
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BizToc @biztoc.com · Jun 19
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OPENAI RELAXES CHATGPT RULES TO ALLOW ADULT EROTICA — OpenAI CEO Sam Altman said the company will "safely relax the restrictions" on sexual content in ChatGPT after engineers built new safeguards. The policy change reverses prior assurances and has prompted immediate backlash from…
OPENAI RELAXES CHATGPT RULES TO ALLOW ADULT EROTICA
nypost.com
biztoc.com
TRUMP WARNS ISRAEL COULD RESUME GAZA STRIKES IF HAMAS BREAKS HOSTAGE DEAL — President Trump said Israel could resume military strikes in Gaza if Hamas fails to uphold a hostage-ceasefire arrangement, underscoring U.S. support for Israeli restraint tied to compliance. Two bodies of…
TRUMP WARNS ISRAEL COULD RESUME GAZA STRIKES IF HAMAS BREAKS HOSTAGE DEAL
www.newsweek.com
biztoc.com
FED JUDGE HALTS TRUMP ADMIN FEDERAL WORKER LAYOFFS DURING SHUTDOWN — A federal judge has temporarily blocked the Trump administration’s planned layoffs of federal workers amid the ongoing government shutdown. The order pauses the planned firings and injects legal uncertainty into the…
FED JUDGE HALTS TRUMP ADMIN FEDERAL WORKER LAYOFFS DURING SHUTDOWN
www.investing.com
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Anthropic Holds Early Funding Talks With Abu Dhabi’s MGX — Sources say Anthropic held early funding discussions this month with Abu Dhabi-based MGX as it explores new capital options. The talks come amid a push by the AI startup to scale its business and raise significant growth…
Anthropic Holds Early Funding Talks With Abu Dhabi’s MGX
www.bloomberg.com
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US SHUTDOWN STARTS TO BITE — PAYROLLS, SUPPLY CHAINS FEEL EARLY STRAIN — The partial federal government shutdown is beginning to hit workers and businesses as employees miss paychecks and government services slow. Economists warn those missed payments and service disruptions are starting…
US SHUTDOWN STARTS TO BITE — PAYROLLS, SUPPLY CHAINS FEEL EARLY STRAIN
www.bbc.com
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Waymo to Launch Robotaxi Pilot in London — Waymo plans to deploy autonomous robotaxis in London as the UK prepares to begin pilot programs for self-driving services. The move pits Waymo against traditional black cabs and marks a major step in scaling robotaxi operations…
Waymo to Launch Robotaxi Pilot in London
www.theverge.com
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BlackRock-Nvidia Consortium Strikes $40B Deal for AI Data Centers — A consortium backed by BlackRock and Nvidia has agreed to acquire AI-focused data center assets in a deal valued at about $40 billion, underscoring intense investor demand for compute infrastructure. The transaction…
BlackRock-Nvidia Consortium Strikes $40B Deal for AI Data Centers
www.reuters.com
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TREASURY: Fed Chair Search Narrowed to Five Finalists — Treasury Secretary Scott Bessent said the selection process for the next Federal Reserve chair has been narrowed to five candidates, marking a key step in filling a pivotal policy role. The announcement could sharpen market focus on…
TREASURY: Fed Chair Search Narrowed to Five Finalists
breakingthenews.net
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JACK SMITH DEFENDS TRUMP INVESTIGATIONS AS CALL TO TESTIFY LOOMS — Former special counsel Jack Smith defended his handling of two high‑profile criminal cases involving Donald Trump, which were later dropped after the president’s reelection. He now faces calls to testify, elevating…
JACK SMITH DEFENDS TRUMP INVESTIGATIONS AS CALL TO TESTIFY LOOMS
www.newsweek.com
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EU Fines Gucci, Chloé, Loewe €157M for Price-Fixing — The European Commission slapped a €157 million fine on luxury brands Gucci, Chloé and Loewe for fixing resale prices across the EU. The ruling marks a move by regulators to clamp down on resale-price maintenance in the luxury fashion…
EU Fines Gucci, Chloé, Loewe €157M for Price-Fixing
www.ft.com
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NASDAQ FUTURES -1.3% PREMARKET AS CHINA LAUNCHES SHIPPING SANCTIONS — Nasdaq futures slipped 1.3% premarket after Beijing announced new shipping sanctions targeting U.S. subsidiaries of a major South Korean shipbuilder, rattling fragile investor calm. The move raised concerns about…
NASDAQ FUTURES -1.3% PREMARKET AS CHINA LAUNCHES SHIPPING SANCTIONS
fortune.com
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SOFTBANK TO BUY ABB ROBOTICS UNIT FOR $5.4B; EUROPE FACES INDUSTRIAL ASSET LOSS — SoftBank agreed to acquire ABB’s robotics unit for $5.4 billion, marking a major cross-border deal in industrial automation. The transaction is being framed as another setback for Europe as it struggles to…
SOFTBANK TO BUY ABB ROBOTICS UNIT FOR $5.4B; EUROPE FACES INDUSTRIAL ASSET LOSS
www.bloomberg.com
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Hamas Reasserts Control in Gaza, Threatening Fragile Ceasefire — Hamas has reasserted control across parts of Gaza after recent fighting, destabilizing a fragile ceasefire and complicating humanitarian access. The shift raises the risk of renewed hostilities and undermines international…
Hamas Reasserts Control in Gaza, Threatening Fragile Ceasefire
apnews.com
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ASML Q3 Bookings €5.4B, Beat Estimates as AI Demand Surges — ASML reported €5.4 billion ($6.3 billion) in bookings for the third quarter, topping analyst expectations. The company said demand linked to AI investment helped lift orders, underscoring strength in its business…
ASML Q3 Bookings €5.4B, Beat Estimates as AI Demand Surges
www.youtube.com
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OPENAI PLANS 5-YEAR PUSH TO FUND $1TN+ AI SPEND — OpenAI has drawn up a five-year business plan to meet more than $1 trillion in pledged spending, targeting new revenue lines, debt partnerships and further fundraising to cover enormous costs. The strategy aims to shore up financing for…
OPENAI PLANS 5-YEAR PUSH TO FUND $1TN+ AI SPEND
www.ft.com
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US Seizes $15B in Bitcoin Linked to 'Pig Butchering' Scam — The DOJ says it seized bitcoin tied to a Cambodia-based “pig butchering” fraud operation — reporting 134.5 BTC, or roughly $15 billion, held by the alleged operator. The action is part of a wider crackdown on crypto-enabled…
US Seizes $15B in Bitcoin Linked to 'Pig Butchering' Scam
watcher.guru
biztoc.com
Chinese Airlines Oppose U.S. Plan to Ban Russian Overflights — Major Chinese carriers are resisting a U.S. proposal to prohibit flights over Russian airspace on routes to the United States, warning of operational disruption and safety concerns. The dispute adds pressure to global…
Chinese Airlines Oppose U.S. Plan to Ban Russian Overflights
edition.cnn.com
biztoc.com
Chen Zhi Indicted in Brooklyn Over Alleged Cambodian Forced-Labor Compounds — An indictment was unsealed in federal court in Brooklyn charging UK and Cambodian national Chen Zhi in connection with an alleged scheme operating forced-labor compounds in Cambodia. The unsealed filing accuses…
Chen Zhi Indicted in Brooklyn Over Alleged Cambodian Forced-Labor Compounds
www.justice.gov
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GOLDMAN: 'Jobless Growth' Signals New Normal for U.S. Labor Market — Goldman Sachs economists say the U.S. labor market is shifting into a persistent 'jobless growth' phase where output expands without proportional hiring. They warn this new normal could reshape wage dynamics, consumer…
GOLDMAN: 'Jobless Growth' Signals New Normal for U.S. Labor Market
fortune.com
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GOLDMAN SACHS CUTS JOBS, LAUNCHES AI-DRIVEN "ONEGS 3.0" — Goldman Sachs is overhauling its OneGS program with a rollout of "OneGS 3.0," telling employees the bank will leverage AI to accelerate the initiative. The memo also announced job cuts as part of the restructuring, signaling a…
GOLDMAN SACHS CUTS JOBS, LAUNCHES AI-DRIVEN "ONEGS 3.0"
www.businessinsider.com
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Gaza Hostage Remains Recovery Poses ‘Immense Challenge,’ Analyst Says — As the Israel–Hamas ceasefire shows signs of strain, analysts warn that locating and identifying the remains of hostages in Gaza will be extremely difficult amid limited access and contested ground. Geoff Bennett…
Gaza Hostage Remains Recovery Poses ‘Immense Challenge,’ Analyst Says
www.pbs.org
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WALMART‑OPENAI: ChatGPT Shopping Feature Lets Shoppers Buy In‑Chat — Walmart is partnering with OpenAI to embed a ChatGPT-powered shopping feature that lets customers search for products and complete purchases directly within the chat interface. The move expands AI’s role in retail…
WALMART‑OPENAI: ChatGPT Shopping Feature Lets Shoppers Buy In‑Chat
www.reuters.com
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US Banking Giants Report Deal-Led Gains, Warn of Asset-Price Bubble Risks — Major U.S. banks posted stronger results driven by dealmaking, but executives warned that stretched valuations and rising asset prices pose bubble-like risks. While M&A and trading boosted near-term performance,…
US Banking Giants Report Deal-Led Gains, Warn of Asset-Price Bubble Risks
www.reuters.com
biztoc.com
U.S. Seizes Record $15 Billion in Bitcoin From Alleged Scam Empire — Federal authorities seized a record $15 billion in bitcoin tied to an alleged romance and investment ‘pig butchering’ scam, marking the largest crypto forfeiture to date. The operation targets long-running criminal…
U.S. Seizes Record $15 Billion in Bitcoin From Alleged Scam Empire
www.wired.com
biztoc.com
U.S. Military Strikes Vessel Near Venezuela; Six Reported Killed — President Trump said U.S. forces struck a vessel off Venezuela accused of carrying drugs, reporting six people aboard were killed and no U.S. forces were harmed. The strike, posted by the president on social media, could…
U.S. Military Strikes Vessel Near Venezuela; Six Reported Killed
www.pbs.org