Aug 18, 2026Twila Rosenbaum The SEC staff accepted a law firm's argument that data centre securitisations should not be treated as asset-backed securities under US rules. The interpretation, set out in a 29 July letter, removes the Dodd-Frank risk-retention obligations that would normally force sponsors to keep skin in the game. Nvidia announced $500bn of AI infrastructure financing with six financial institutions, although it has not confirmed any securitisation plans. The guidance is non-binding but could reshape how AI data centres are financed. View more
Aug 18, 2026Twila Rosenbaum Google has agreed to pay $10 million for a vast trove of Spirit Airlines data from the bankrupt carrier's estate. Court filings show that Google will select the third-party firm responsible for deidentifying the data, and that the process must preserve referential integrity across the entire dataset. Privacy experts warn that the arrangement undermines claims of independent anonymisation, while the estate retains rights to sell customer data separately. View more
Aug 18, 2026Twila Rosenbaum Aachen-based amber has raised €7mn in a Series A co-led by Ventech and NRW.Venture. The company builds an AI Data Layer that structures internal company information before it reaches large language models, cutting token costs by up to 60%. With German cloud infrastructure and no American shareholders, amber positions itself outside the US Cloud Act. The funding will support expansion into Benelux and the Nordics. View more
Aug 18, 2026Twila Rosenbaum Actress Wamiqa Gabbi says her character Chandra in Arun Matheswaran's blockbuster DC transformed her life, helping her discover a new side of herself while earning widespread praise from audiences and critics. View more
Aug 18, 2026Twila Rosenbaum Prabhas owns a stunning portfolio of properties across India and Italy. His primary residence is an estimated ₹60 crore mansion in Hyderabad's Jubilee Hills, complete with a pool and gym. He also has an 84-acre farmhouse in Andhra Pradesh and a luxury villa in Italy that he rents out when not in use. View more
Aug 18, 2026Twila Rosenbaum Ben Affleck celebrated his 54th birthday in Santa Monica on August 15, joined by his children Fin and Samuel. His ex-wife Jennifer Garner was spotted in the same area during the low-key outing. The celebration comes months after Affleck’s mother, Chris, died following a pancreatic cancer diagnosis. View more
Aug 18, 2026Twila Rosenbaum Lake Mead and Lake Powell have sunk to historic lows, putting Arizona's water and power supplies under extreme pressure. With Colorado River cuts looming, experts warn of dire consequences for the state's residents, farmers, and electricity grid. View more
Aug 18, 2026Twila Rosenbaum The trench coat is the perfect transitional layer for fall. Kaia Gerber and Jennifer Lopez show how to wear it over summer dresses and casual jeans. From long midi styles to cropped versions, these timeless jackets keep warm-weather outfits in rotation as temperatures drop. View more
Aug 18, 2026Twila Rosenbaum A U.S. appeals court has rejected Meta's attempt to dismiss thousands of social media addiction lawsuits. The ruling allows plaintiffs including school districts and state attorneys to proceed against Meta, ByteDance, Google, and Snap. It follows a landmark bellwether verdict earlier this year. Meta now faces potentially trillions in damages. View more
Aug 18, 2026Twila Rosenbaum The Trump administration is quietly expanding its AI safety framework to cover advanced open-weight models before public release. The move follows industry pressure from companies like Meta, Microsoft, and Nvidia, who argue that restricting open models would harm American competitiveness against China. The framework currently applies only to closed models, but officials worry that excluding open models could stigmatize them. At the same time, Chinese open-source models are matching or outperforming American closed models, intensifying the debate. View more
Aug 18, 2026Twila Rosenbaum A new study argues that weak AI safety regulations can create more dangerous products than no regulation at all. Researchers from Cornell and Carnegie Mellon used game theory to show that strict, well-placed rules targeting the entire AI supply chain are essential for safety. View more
Aug 18, 2026Twila Rosenbaum Researchers at UC San Diego and Oberlin College created a low-cost, coin-sized device that can compromise Boeing 737 flight computers via an unlocked exterior hatch. The prototype connects to an unsecured maintenance port and can alter flight plans or feed false sensor data. Boeing says existing safeguards mitigate the risk, but researchers urge tighter physical security. View more
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