Business / Finance
The US government is failing Americans on AI | Shakeel Hashim
Trump and Republicans want companies to regulate themselves. It’s a dereliction of duty that will make AI less safeIt is hard to get Sam Altman, Elon Musk and Dario Amodei to agre…
Trump’s $5,000 pledge to voters is a shameless bribe | Steven Greenhouse
Not only would the plan do vast economic damage – it assumes that Americans are easily bamboozledWhenever Donald Trump gives a speech, it’s filled with so many lies and self-servi…
Italy investigates government email breach linked to Revolut data leak
Italy is probing the Revolut-linked breach after its cyber agency reported more than 650 cases involving abused or illicit certified email accounts.
Bitcoin's Coinbase premium sinks to one-month low, here’s why
Weakening U.S. demand, a setback for the Clarity act and expectations of a fed rate hike weigh on bitcoin.
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.
The Gulf’s female startup ecosystem is flourishing. So, where’s the funding?
In this week’s Fortune Gulf Brief.
Ladbrokes owner prepares to cut 400 jobs weeks after profit boost
Entain, which also owns Coral and BetMGM, starts consultation process over customer care rolesThe Ladbrokes owner, Entain, has said it is preparing to cut 400 jobs, only weeks aft…
CEOs are still betting on the leadership trait AI can’t replace
Also: All the news and watercooler chat from Fortune.
Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals
U.S. prosecutors allege two engineers used confidential Robinhood token listing data to front-run announcements using Hyperliquid perpetual futures.
UK Backs Money Laundering Crackdown With $676M and 500 New Officers
The Home Office names crypto alongside fintech and AI as drivers of a threat the NCA puts at £100 billion a year in the UK.
I’ve visited school districts from Tennessee to NYC. American kids are not ready for the AI revolution
Banning AI in schools drives students to use it unsupervised, widening the skills gap schools should help close.
OpenAI IPO looks like a no-go: Sam Altman is discussing a new round of VC funding valuing the company at $1.2 trillion
Everything you need to know before you reach the office this morning.
‘We need to get it right’: union gusto for Burnham to face make-or-break tests
TUC conference rings with praise for new No 10 team, but battles loom over workers’ rights and north sea drillingLouise Haigh, the UK first secretary, got a standing ovation from …
Tonkeeper Becomes Keeper as Wallet Adds Bitcoin, Ethereum, and Tron
The self-custodial wallet is expanding beyond The Open Network, with support for seven blockchains and more financial products planned.
‘Pacing’ won’t eliminate the risk of AI doom. Here’s what could | David Krueger
The stark reality is this: we don’t know how to maintain control of these systems. But there are actions we can takeWith Jacob Coxon’s resignation from Anthropic, we have reached …
Big-money donations poison British politics. We can stop the mega-rich buying access and influence | Gordon Brown
I’ve seen how imbalances in campaign spending can distort democracy. The multi-million-pound gifts to Reform must act as a final wake-up callThe British people cannot be bought, b…
Company behind failed Surrey oilfield project sells site at massive loss
New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024After years of trying to dig for oil in Surrey, the company behind t…
‘The U.K. has a competitiveness deficit in its energy costs—that’s a real call to action,’ says EDF U.K. chair
Rising energy prices and a restrictive regulatory environment are hampering the U.K.’s ability to grow, according to Alex Chisholm.
The Middle East’s female founders are on the rise. Why isn’t the funding following?
While progress has been made to address a lack of funding for MENA female-founded startups, structural hurdles in how capital is sourced and distributed still need to be overcome.
ECB seeks online merchants for 2027 digital euro pilot
Euro-area online and mobile merchants can apply until Oct. 27 to test beta digital euro payments in a 12-month pilot.
Mayors and other local leaders could be given powers to oversee water firms
Move would mean some input on companies’ spending and holding bosses to account over bills and sewage dischargesMayors and other local politicians could be given powers to oversee…
Ethereum, Base give up on common wallet standard after months of talks
Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.
Crypto Exchange CoinEx Is Shutting Down After Nine Years, Giving Users Until December to Cash Out
The Hong Kong-founded exchange blamed a prolonged crypto winter and rising compliance costs, closing the books on a run that began in December 2017.
McLaren to build SUVs geared towards Formula One fans with children
Model comes as part of £500m UK investment by firm’s new Abu Dhabi owner that will also fund new factoryMcLaren is gearing up to build an SUV for the first time in its 63-year his…