❌

Normal view

New York is suing prediction market Kalshi, calling it an illegal gambling operation

1 August 2026 at 16:42

In a statement, James said Kalshi violates New York's anti-gambling laws, which are designed to protect minors from betting and combat gambling addiction in adults. "No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple," she said, adding that Kalshi's actions are harming the...

Read Entire Article

PwC just got caught trying to pass AI slop as authentic research

31 July 2026 at 16:14

The AI hallucinations were confirmed by multiple leading publications, including the Financial Times. The so-called "Thought Leadership" reports were intended to articulate PwC's insights into some of the fastest-growing businesses in the Middle East, including agentic AI, public services, and electric vehicles. However, the bizarre turn of events suggests that...

Read Entire Article

Meta's Reality Labs division lost $4.6 billion in Q2 2026, pushing total losses toward $88 billion

31 July 2026 at 14:17

Meta's earnings report for the second quarter of 2026 primarily focuses on the company's AI and smart-glasses-related ambitions, but buried in the numbers is yet another multi-billion-dollar loss from the Reality Labs division. Meta may have shifted priorities, but it has apparently not completely given up on the dream of...

Read Entire Article

❌