The House approved the Financial Exploitation Prevention Act of 2025 by a 414-2 margin, allowing mutual funds and most ETFs to temporarily freeze withdrawal requests when financial exploitation of older or disabled account holders is suspected. The bill now heads to the Senate, where an earlier version stalled in 2023.
Microsoft launched Microsoft Frontier Co. on Thursday, committing $2.5 billion and 6,000 employees to a new unit focused on hands-on artificial intelligence deployments for enterprise clients, joining Amazon, OpenAI, and Anthropic in the forward deployed engineering push.
Europe's top court upheld a 4.1 billion euro ($4.67 billion) antitrust fine against Google on Thursday, dismissing the company's appeal over alleged anti-competitive practices tied to its Android mobile operating system.
Bending Spoons, the Milan-based acquirer of stagnant software brands including Evernote and Vimeo, closed its IPO debut at $40.50 — nearly 40% above its $29 offering price — valuing the company at $25.7 billion.
President Trump's annual financial disclosure shows more than $1 billion in cryptocurrency-related income, including roughly $594 million from World Liberty Financial, drawing sharp accusations of corruption from Democratic lawmakers.
Guggenheim upgraded Salesforce and ServiceNow to buy on Wednesday, arguing AI will pressure but not kill the platforms, sending shares up more than 5% and 6%, respectively, in midday trading.
Meta Platforms shares rose 8% after the company confirmed plans to build a cloud business selling its surplus AI computing capacity to outside customers, a move that sent rival neocloud stocks sharply lower.
The House approved the Financial Exploitation Prevention Act of 2025 by a 414-2 margin, allowing mutual funds and most ETFs to temporarily freeze withdrawal requests when financial exploitation of older or disabled account holders is suspected. The bill now heads to the Senate, where an earlier version stalled in 2023.
Bending Spoons, the Milan-based acquirer of stagnant software brands including Evernote and Vimeo, closed its IPO debut at $40.50 — nearly 40% above its $29 offering price — valuing the company at $25.7 billion.
Guggenheim upgraded Salesforce and ServiceNow to buy on Wednesday, arguing AI will pressure but not kill the platforms, sending shares up more than 5% and 6%, respectively, in midday trading.
Microsoft launched Microsoft Frontier Co. on Thursday, committing $2.5 billion and 6,000 employees to a new unit focused on hands-on artificial intelligence deployments for enterprise clients, joining Amazon, OpenAI, and Anthropic in the forward deployed engineering push.
Meta Platforms shares rose 8% after the company confirmed plans to build a cloud business selling its surplus AI computing capacity to outside customers, a move that sent rival neocloud stocks sharply lower.
Tesla is testing a production Cybercab without a steering wheel or pedals in Austin, Texas, with a safety monitor aboard — a step toward the company's broader robotaxi ambitions as a key federal regulatory change nears approval.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.