A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
Calling it an ‘illegal, unlicensed gambling operation’, state seeks to halt Kalshi’s operations and force it to forfeit profits New York officials sued prediction market platform Kalshi on Friday, calling it an “illegal, unlicensed gambling operation” as the state seeks to halt its operations and force the company to forfeit its profits. New York joins a growing number of states filing lawsuits against Kalshi and ot…
Calling it an ‘illegal, unlicensed gambling operation’, state seeks to halt Kalshi’s operations and force it to forfeit profits New York officials sued prediction market platform Kalshi on Friday, calling it an “illegal, unlicensed gambling operation” as the state seeks to halt its operations and force the company to forfeit its profits. New York joins a growing number of states filing lawsuits against Kalshi and ot…
NPR – Politics President Donald Trump named Jay Clayton, the current director of national intelligence, to also serve as the new White House AI czar. Trump said Clayton will lead a new "Super Intelligence Force" coordinating government engagement with artificial intelligence. The announcement followed a White House meeting where Trump said top AI executives signed a voluntary accord to self-police AI development.
BBC News – Business The president named his national intelligence chief will head the taskforce as worries over the technology grow.
Sky News – Front Page Cornell University President Michael I. Kotlikoff called an alleged 2024 fraternity house gang rape of a student "deeply disturbing" and said the university "must do better." In a video statement, he described the incident as "a defining moment in Cornell's history" and pledged greater transparency while raising concerns about sexual assault, dehumanization, party culture, and alcohol and drug use.
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