Author: Editor-In-Chief
A visitor looks at an AI sign on an animated screen at Mobile World Congress, the telecommunications industry’s largest annual gathering, in Barcelona.Josep Lago | AFP | Getty ImagesOpenAI and Anthropic increased federal lobbying spending to record levels in the second quarter of 2026, as the artificial intelligence industry pours millions of dollars into influencing Washington ahead of midterm elections and highly anticipated IPOs.Two major AI developers spent a combined $3.17 million in the quarter, a 23% increase from the first three months of the year, according to federal lobbying disclosures.Anthropic spent $1.97 million from April to June, a 26%…
Former British lawmaker Anne Widecombe, who was found dead in her home in southwest England in early July, had been hit 21 times with a hammer, a London court heard on Tuesday. Joshua Kelly, 28, is suspected of entering Widecombe’s home in the village of Heitor Vale on July 8, prosecutor Kashif Malik told Westminster Magistrates’ Court, according to British news agency PA Media. The man then allegedly entered the kitchen of the 78-year-old politician’s home with a hammer and repeatedly struck her in the head as she ate lunch. The court heard he was at her home for just…
Treasury Secretary Scott Bessent said Tuesday that the United States will investigate China’s open source models for signs of intellectual property theft and threatened sanctions against Chinese AI companies if intellectual property theft is confirmed. “We’ve been seeing a lot of talk about open source models emerging and threatening the large-scale language model in the United States,” Bessent said on FOX Business Tuesday. “This administration supports the open source model, but what we do not support is the theft of intellectual property. Especially when we see foreign models stealing from our great companies, we can sanction them for this theft.”…
alphabet will release three new Gemini models on Tuesday. This contains the clearest answer so far. humanThe company has become a leader in the cybersecurity space as it seeks to show progress across its product pipeline in the face of delays and increased competition.Gemini 3.5 Flash Cyber is designed to detect and patch software vulnerabilities and will initially be available only to governments and trusted partners through a limited access pilot. Google said specialized models will have a lower price per token than large-scale models.This could help Google close the cybersecurity gap with Anthropic, which established an early lead in…
paramount skydanceacquisition proposal warner bros discovery The company hit its first official roadblock when a judge granted a temporary restraining order against the merger as part of a lawsuit brought by the state attorney general. California District Judge Araceli Martinez Holguin signed the order on Monday after hearing arguments from both sides in an Oakland courtroom on Friday. The order suspends all actions to proceed with the merger for 14 days. Last week, a group of California attorneys general led by Rob Bonta filed a lawsuit seeking to block the $110 billion deal, citing antitrust concerns. The proposed agreement would…
explainerThe U.S. president imposed new across-the-board tariffs on Canada, straining already strained relations with its second-largest trading partner.U.S. President Donald Trump has imposed new 50% tariffs on a wide range of Canadian products, threatening to further strain relations with Canada’s second-largest trading partner.The tariffs were announced Monday and are expected to go into effect within 30 days, according to a White House fact sheet, and cover a wide range of items including wine, hockey sticks and cement.Recommended stories list of 4 itemsend of listThe White House claimed “discriminatory treatment” from Ottawa on U.S. alcohol, autos and dairy products behind the…
london — On Monday, Prime Minister Andy Burnham’s first day in office, a Russian naval vessel conducted an unusual live-fire exercise off the coast of Britain, the Ministry of Defense said. The ship, identified by British media as the Neustrasmy, conducted the exercise in international waters about 40 nautical miles (46 miles) from the port city of Plymouth in southwestern England. A Ministry of Defense spokesperson told CNN: “The Royal Navy monitored the entire exercise, continues to closely track the ship’s activities and stands ready to protect the UK’s national security.” The incident coincides with Mr Burnham’s appointment and comes…
Music streaming company Deezer has been tracking the number of AI-generated tracks uploaded to its platform since last year, and that number continues to grow. The company announced today that AI music now accounts for more than 50% of downloads. Deezer said AI-generated track uploads will peak in June 2026, equating to an average of 90,000 tracks per day per month. The rapid rise of AI-generated music is forcing streaming services to decide how much music to put on their platforms. There is still no single consensus on this point. Some have taken strict measures, such as Bandcamp banning such…
as Tesla (TSLA) is preparing to announce its second-quarter financial results on Wednesday, but the situation for the major EV companies is likely to become increasingly difficult. Despite a seemingly strong macro footprint, a combination of underlying headwinds, competitive pressures and high valuation expectations suggests risks are biased to the downside heading into the release. Tesla recently announced second-quarter sales and deliveries that easily beat consensus estimates. However, instead of rising, stock prices fell. This price movement is classic evidence. Market expectations are so high that beats are now seen as just a baseline. If the company achieves its goals…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Tuesday. jet blue Spirit Airlines has acquired a vacant slot at LaGuardia Airport. I would like to keep an eye on whether it will be relocated to the art deco-style marine air terminal at the airport, which I have visited many times on Spirit flights.Stock futures are rising this morning. The market is coming off a down day.Here are five important things investors need to know to start their trading day.1. Iran WatchUS President Donald Trump steps off Air Force One upon arrival at Joint…