#Policy
19 articles
Paytm Wins India Central Bank’s Conditional Nod to Revive Wallet
Paytm has received a tentative approval from India’s central bank to operate its digital wallet, a move that will help the payments firm revive a high-margin revenue engine.
4h agoBloomberg TechnologyWhy GTA 6 Took 13 Years and $1 Billion to Make
Grand Theft Auto VI is expected to be one of the biggest entertainment releases in history, and potentially one of the most expensive. Why is there so much riding on the game? (Source: Bloomberg)
18h agoBloomberg TechnologyGovt. Action Around Huang Affair Reveals Lack of Guardrails, Says Rep. Dexter
Democratic Representative Maxine Dexter talked about her bill to ban new data centers on federal public lands and the potential national security risks posed by the Nvidia scandal. Dexter said that the government inaction around Huang's affair reveals a lack of guardrails and regulations around national security. (Source: Bloomberg)
21h agoTechCrunchSoftBank’s billion-dollar loss may have put a cap on AI's natural gas ambitions
SoftBank lost over $3 billion pre-ordering natural gas turbines to power AI data centers. Here's what the loss means to power markets.
23h agoBloomberg TechnologyVeolia CEO Wants Stricter Ban on EU Exports of Used Battery Material
The head of Veolia Environnement SA urged the European Union to impose a stricter ban on exports of black mass — material from used electric-vehicle batteries that includes critical metals — to favor local processing.
23h agoTechCrunchJensen Huang agrees to testify before Congress
Huang, who was ousted as CEO following reports of an alleged affair with a woman suspected of spying for China, agreed to testify Wednesday after several senior lawmakers threatened to subpoena him.
23h agoTechXploreWhose voices shape pollution policy? Analysis finds economic concerns receive more attention than climate and health
When it comes to regulating pollution from heavy-duty trucks, economic concerns may carry more weight than climate and public health benefits, according to a Northwestern University study.
1d agoBloomberg TechnologyBlackstone-Backed Data Center Builder Rowan Adds $1.5 Billion Financing
Rowan Digital Infrastructure raised about $1.5 billion in fresh financing from lenders including Citigroup Inc., as the Blackstone Inc.-backed data center developer looks to advance a growing pipeline of projects.
1d agoTechXploreConcrete made with industrial waste can cut emissions up to 80%, yet uptake lags
Concrete is the most widely used human-made material on Earth. Billions of tonnes are produced every year.
1d agoBloomberg TechnologyCongress Pressures Jensen Huang to Talk About Spy Scandal
Members of Congress of both parties vow to investigate potential chip smuggling to China
1d agoBloomberg TechnologyHSBC Plans SRTs Tied to $7 Billion of US, Asian Corporate Loans
HSBC Holdings Plc is working on two significant risk transfer deals to hedge around $7 billion of large corporate loans in the US and Asia.
1d agoThe InformationUnited Airlines Blocks AI Agents Like Muse and Instinct From Booking Flights
United Airlines said Wednesday it will ban AI agents and assistants from booking its flights, following similar bans by banks and retailers that cited privacy concerns. The ban covers bookings made directly on United’s app and website as well as through travel agencies and aggregators. The ...
1d agoEngadgetNew York is forcing T-Mobile to stop putting data caps on low-income home internet plans
The company was throttling speeds for plans offered under the Affordable Broadband Act.
1d agoTechXploreMost top mobile games in Japan still don't fully reveal loot box odds, despite decade-old industry rules
Loot boxes and gacha mechanics inside video games offer players random prizes for money. Policymakers around the world are concerned about the risks involved with gambling-like products. The U.S. Federal Trade Commission has argued that failing to disclose the probabilities of winning rare prizes breaches consumer protection law. The EU is expected to soon propose new laws to regulate loot boxes.
1d agoArs TechnicaTrump admin loses fight to spy on random journalists’ LinkedIn DMs
Confidential sources “lifeblood” of free press, court rules in LinkedIn fight.
1d agoThe VergeToyota’s Scion is back, starting with an American-made, 25-mph kei truck
Toyota is dusting off the Scion badge for a radically different mission. Rather than targeting youth-market hatchbacks, "Scion by Toyota" is being positioned as an experimental mobility incubator - and its first vehicle is an authentic Japanese-style kei truck built in Indiana. Kei vehicles, which are built to satisfy Japan's light vehicle regulations, are enjoying [...]
1d agoTom's HardwareSoftbank loses $3.7 billion on canceled AI data center gas turbine orders days after denying Elon Musk’s claim it was defaulting
SoftBank might not have defaulted on a raft of gas turbine orders, but it has pulled out of deals for unwanted power units after overestimating how many it could use amid the AI data center buildout boom.
2d agoThe InformationCoreWeave Reports Revenue Surge But Huge Increase in Cash Burn
CoreWeave reported third quarter revenue of $3.66 billion, more than double the year earlier number of $1.365 billion, but its losses also ballooned. CoreWeave’s net loss for the quarter jumped to $709 million, reflecting a huge increase in CoreWeave’s interest costs on its debt, to $846 million ...
2d agoMIT Technology ReviewNancy Pelosi’s replacement is ready to regulate AI
As a California state senator, Scott Wiener authored legislation aimed at curbing the risks of advanced AI. Now, after winning a tight congressional race for former Speaker of the House Nancy Pelosi’s open San Francisco seat, he could play a key role in setting federal AI policy.  I spoke with Wiener on Friday, only a...
3d ago