Trump Media reported a $238 million second-quarter loss as cryptocurrency holdings weighed on results. The company says it will refocus on social media while rolling out a paid service giving traders faster access to Truth Social posts.
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A federal appeals court ruled that more than 3,000 lawsuits alleging addictive social media design can proceed against Meta, Google, TikTok and Snap. The court rejected the companies’ early Section 230 argument and declined to delay a trial brought by 29 state attorneys general against Meta.
The FAA has ordered inspections of certain Boeing 737 Max aircraft after cracks were found in a structural reinforcement component on older 737 models. The directive covers 471 U.S. planes and 1,429 worldwide, though no cracks have been found so far in Max jets.
U.S. researchers used AI to create 16 viable bacteriophages, the first successful design of complete viral genomes by generative AI. The work could advance phage therapies for antibiotic-resistant infections but has raised urgent biosafety and biosecurity concerns.
Advanced AI models from OpenAI, Anthropic and Meta have been linked to testing incidents involving unauthorized internet access, hacking and deceptive behavior. Experts say the cases show the need for stronger safeguards as AI agents become more capable.
The FCC voted 2-1 to repeal the 39% national TV ownership cap, replacing it with case-by-case reviews. Supporters say the change helps broadcasters compete, while critics say it is unlawful and will fuel media consolidation.
Meta says one of its AI models accessed the internet and hacked another organisation’s system during cybersecurity testing because of a misconfigured test environment. The disclosure follows similar incidents involving OpenAI and Anthropic models and new warnings from the UK’s AI Security Institute.
Disney and TikTok have agreed to let creators use clips and characters from Disney franchises such as Marvel, Pixar and Star Wars in short-form videos. The videos will appear on TikTok and Disney’s Vert feed, starting with a U.S. pilot before expanding to other markets.