News & Updates
The latest news and updates from companies in the WLTH portfolio.
Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism By Reuters
SYDNEY, April 2 (Reuters) - People who show violent extremist tendencies on ChatGPT and other artificial intelligence platforms could be directed in the future to human and chatbot‑based deradicalisation support through a new tool in development in New Zealand, the people behind it said. The initiative is the latest attempt to address safety concerns in the face of a growing number of lawsuits https://www.reuters.com/legal/government/openai-sued-allegedly-enabling-murder-suicide-2025-12-11/ accusing AI companies of failing to stop, and even enabling, violence. OpenAI was threatened https://www.reuters.com/sustainability/society-equity/canada-tells-openai-boost-safety-measures-or-be-forced-by-government-2026-02-25/ with intervention by the Canadian government in February after revealing a person who carried out a deadly school shooting had been banned by the platform without the authorities being informed. ThroughLine, a startup hired in recent years by ChatGPT owner OpenAI as well as rivals Anthropic and Google, to redirect users to crisis support when they are flagged as being at risk of self-harm, domestic violence or an eating disorder, is also exploring ways to broaden its offer to include preventing violent extremism, its founder and former youth worker Elliot Taylor said. The company is in discussions with The Christchurch Call, an initiative to stamp out online hate formed after New Zealand's worst terrorist attack in 2019, which would involve the anti-extremism group giving guidance while ThroughLine develops the intervention chatbot, the former youth worker said. "It's something that we'd like to move toward and to do a better job of covering and then to be able to better support platforms," Taylor said in an interview, adding that no timeframe had been set. OpenAI confirmed the relationship with ThroughLine but declined to comment further. Anthropic and Google did not immediately respond to requests for comment. Taylor's firm, which he runs from his home in rural New Zealand, has become a go-to for AI firms with its offer of a constantly checked network of 1,600 helplines in 180 countries. Once the AI detects signs of a potential mental health crisis, it routes the user to ThroughLine, which matches them with an available human-run service nearby. But ThroughLine's scope has been limited to specific categories, the founder said. The breadth of mental health struggles that people disclose online has exploded with the popularity of AI chatbots, and now includes dalliances with extremism, he added. MORE CHATBOTS, MORE PROBLEMS The anti-extremism tool would probably be a hybrid model combining a chatbot trained to respond to people who show signs of extremism and referrals to real-world mental health services, Taylor said. "We're not using the training data of a base LLM," he said, referring to the generic datasets large language model platforms use to form coherent text. "We're working with the correct experts." The technology is currently being tested, but no date has been set for release. Galen Lamphere-Englund, a counterterrorism adviser representing The Christchurch Call, said he hoped to roll the product out for moderators of gaming forums and for parents and caregivers who want to weed out extremism online. A chatbot rerouting tool was "a good and necessary idea because it recognises that it's not just content that is the problem, but relationship dynamics," said Henry Fraser, an AI researcher at Queensland University of Technology. The product's success may depend on questions of "how good are follow-up mechanisms and how good are the structures and relationships that they direct people into at addressing the problem," he said. Taylor said follow-up features, including possible alerts to authorities about dangerous users, were still to be determined but would take into account any risk of triggering escalated behaviour. He said people in distress tended to share things online that they were too embarrassed to say to a person, and governments risked compounding danger if they pressured platforms to cut off users who engaged in sensitive conversations. Heightened moderation associated with militancy by platforms under pressure from law enforcement has seen sympathisers moving to less regulated alternatives like Telegram, according to a 2025 study https://bhr.stern.nyu.edu/wp-content/uploads/2025/10/NYU-CBHR-Digital-Aftershocks_Oct-29-FINAL.pdf by New York University's Stern Center for Business and Human Rights. "If you talk to an AI and disclose the crisis and it shuts down the conversation, no one knows that happened, and that person might still be without support," Taylor said.
Noida protest live updates: Worker protest snowballs into traffic chaos across Noida, Greater Noida - The Economic Times
Noida protest live updates: Worker protests erupted in Noida and Greater Noida on Monday, with thousands taking to the streets after a woman worker was injured in firing during a clash a day earlier. Worker protests erupted in Noida and Greater Noida on Monday, with thousands taking to the streets after a woman worker was injured in firing during a clash a day earlier. Several roads across the city witnessed heavy traffic jams as workers protested against the firing and stone-pelting incidents reported on Sunday. Office commuters expressed frustration over massive congestion, struggling to reach their workplaces amid widespread disruptions.
Old traffic lights blamed for traffic chaos at Colchester junction
BROKEN traffic lights at a busy junction have caused more than a week of traffic chaos for commuters who been forced to risk their safety while trying to get to their destination. Essex Highways has been contacted several times to address the problem at the crossing between Straight Road and London Road in Prettygate, Colchester. Although the issue has been rectified temporarily several times since it was first reported about ten days ago, frustration is mounting because the traffic lights keep failing. Prettygate councillor Sue Lissimore said she has had to contact Essex Highways more times about the fault than anything else in her 20 years as a councillor. Efforts - Sue Lissimore has contacted Essex Highways about the issue but the council has not been able to solve it (Image: Steve Brading) A spokesperson for Essex Highways apologised for the inconvenience and said the complexity of the problem has meant it has taken longer to solve than expected. The temporary replacement lights do not have a filter light, increasing congestion. Mrs Lissimore said she has reported the issue as urgent to Essex County Council but has been told the age of the traffic lights has made it difficult to find the replacement components which could rectify the issue. She said: "The traffic lights there are extremely old and Essex Highways is struggling to get the parts for them - every time we breathe a sigh of relief and say 'Phew, they're done', they break down again. "We are grateful that Highways are doing the work they are doing, but we need a permanent repair so we don't have these temporary lights. "Being temporary, the temporary lights have not flowed as efficiently as the permanent lights would." She continued: "I have had to ring the Highways emergency lines more times for this issue than I have for any other in the past 20 years. "Normally, with the emergency line, you ring them once and it's sorted but with this, it's more complicated because there is something seriously wrong with the lights." A spokesperson for Essex Highways said: "This is a complex fault which our engineers have visited on several occasions to systematically replace and test components. "This has included checking for cabling issues. Broken - the faulty traffic lights have caused chaos for drivers (Image: Pixabay Stock Image) "Unfortunately, the root cause remains unidentified, however we are not looking to permanently replace the traffic lights at this stage as we believe they are solvable. "Temporary traffic signals have been put in place to help road users navigate the junction but this is not a long-term solution. "We encourage road users to stay vigilant and be patient with other drivers as we continue fixing these lights. "We apologise for the inconvenience caused."
What happened with Anthropic Mythos model?
Anthropic's "Mythos" has become a flashpoint for cybersecurity and financial regulators. Multiple summaries in the provided stories describe Anthropic's model as being positioned as extremely capable at exploiting vulnerabilities, while regulators and banks are weighing the risks. According to the coverage pool, Anthropic has limited Mythos's release on the grounds that it could cause harm if widely deployed -- specifically because it can find security exploits in software relied on by real users. The public debate around Mythos has included attempts to push back on Anthropic's claims, with some accounts framing parts of the story as hype. On the regulatory side, sources indicate that U.S. and European authorities are looking at Mythos-related risks. One story says that Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned bank executives to encourage them to use Anthropic's Mythos model. That same topic also includes reporting that UK regulators plan to warn banks, insurers, and exchanges about security risks exposed by Claude Mythos at a meeting within the next two weeks. In a separate thread, there are mentions of court and policy activity around Anthropic's supply-chain risk labeling. The tension here is straightforward: financial institutions want advanced AI tools for productivity, but they also have compliance obligations when models could increase the chance of cyber incidents. In practice, this could lead to: Overall, Mythos is less about a single model release and more about how organizations will govern powerful AI tools that blur the line between defense research and exploit development.
[Sensex Today] Stock Market LIVE Updates: Sensex crashes 1,300 points, Nifty at 23,629; Failed peace talks, oil chaos trigger the decline
Share Market LIVE Updates: The failed US-Israel-Iran peace talks once again took a toll on global share markets today. Escalating geopolitical tensions led the Sensex to crash 1,613.09 points on April 13. Meanwhile, the Nifty 50 also nosedived 461 points in early trade, hovering around 23,589.60. Markets had recovered significantly last week on hopes of de-escalation. However, the situation now appears grim again, making global markets volatile. The global impact of these developments was evident across share markets. The effect was also visible on the GIFT Nifty, which traded sharply lower at 23,746, indicating a significant decline for the Nifty 50. Its previous close stood at 24,200. This substantial gap-down is largely due to the prevailing uncertainty Crude oil prices climbed sharply on Monday, April 13, after crucial peace talks between the United States and Iran broke down over the weekend. Brent crude surged more than 7% to USD 103.47 per barrel, while US WTI rose 8.2% to USD 104.48, wiping out the brief calm seen during last week's ceasefire efforts. The spike came after US President Donald Trump confirmed that the 20-hour negotiations failed to resolve concerns around Iran's nuclear program. In response, the United States imposed a maritime blockade targeting Iranian ports and the Strait of Hormuz. With nearly one-fifth of the world's seaborne oil supply potentially at risk, analysts caution that prices could stay above the USD 100 mark as fears of prolonged supply disruption and escalating regional tensions grow. Asian markets are trading sharply lower on Monday, April 13, 2026, as investors react to the collapse of US-Iran peace talks and the looming naval blockade of the Strait of Hormuz. Japan's Nikkei 225 fell nearly 0.9% in mid-morning trade, while South Korea's Kospi and Hong Kong's Hang Seng declined around 1% each, highlighting concerns over potential energy supply disruptions in oil-dependent economies. In contrast, China's CSI 300 remained largely flat with a marginal 0.1% gain. However, the broader MSCI Asia Pacific Index dropped 0.7%, and Singapore's Straits Times Index slipped 0.33%. The overall risk-off sentiment is being driven by a strengthening US dollar as a safe-haven asset and a sharp rise in crude oil prices, raising fears of renewed global inflation pressures
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SpaceX IPO shows how Wall Street bends to Musk
Rule adjustments being made by index providers are bending long-standing norms to accommodate a single company "Those are my principles, and if you don't like them ... well, I have others," Groucho Marx famously quipped. SpaceX, in advance of its planned June initial public offering (IPO), is proving the point, with banks and index providers alike bending to Elon Musk's will. The New York Times reports that Musk is insisting banks hoping to advise on the IPO must first buy subscriptions to his AI chatbot, Grok. Grok is widely seen as inferior to the likes of ChatGPT and Google's Gemini, but that hasn't prevented bankers from dutifully complying, with some reportedly spending "tens of millions" on the chatbot. One might expect little different from bankers eager to get a piece of what may become the largest IPO in history, but the rule adjustments being made by index providers is unprecedented, bending long-standing norms to accommodate a single company. Nasdaq has approved a fast entry for supersized listings, allowing SpaceX to join the Nasdaq-100 15 days after listing, far shorter than the usual three months. S&P Dow Jones is reportedly considering letting SpaceX join the S&P 500 immediately, bypassing the usual 12-month public trading rule, while FTSE cut its wait to five days. A track record as a public company aids price discovery by giving markets time to settle on a fair price. In contrast, early index inclusion will create predictable, forced demand from passive funds. Early price inflation mainly benefits the issuer - in this case, SpaceX - allowing it to sell more shares at a higher price. Index investors risk losing out, being forced to buy high. It seems the market is not setting the terms of the IPO; the IPO is setting the terms of the market.
Bessent, Powell Warned Bank CEOs About Anthropic Model Risks, Sources Say
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic's latest artificial intelligence model, two sources familiar with the matter said on Thursday. White House national economic adviser Kevin Hassett confirmed the meeting during an interview with Fox News' "The Story with Martha MacCallum." "Those bankers were in town for meetings that day, and it was appropriate (for) the Secretary Bessent to do what he did. He brought them over to the Treasury, along with Jay Powell, and went through the cyber risks to make sure that they were aware of them," Hassett said, adding that the Trump administration is taking steps to ensure the public is safe from potential risks. Anthropic launched the powerful Mythos model this week but stopped short of a broad release, citing concerns it could expose previously unknown cybersecurity vulnerabilities. The company has said the model is capable of identifying and exploiting weaknesses across "every major operating system and every major web browser." Last week, Anthropic said it was in ongoing discussions with U.S. government officials about the model's "offensive and defensive cyber capabilities." A third source close to the matter reiterated Anthropic's outreach, saying the company proactively briefed senior U.S. government officials and key industry stakeholders on Mythos' capabilities ahead of its release. Related: Cyber Claim Severity Nearly Doubled for Large Businesses, Chubb Says The Treasury-hosted meeting in Washington on Tuesday was aimed at ensuring banks are aware of the risks posed by Mythos and similar models and are taking steps to defend their systems, one of the sources said. Invitations were sent while most CEOs of the largest U.S. banks were already in Washington to attend other meetings, one of the sources said. Access to Mythos will be limited to about 40 technology companies, including Microsoft MSFT.O and Google GOOGL.O, the startup has said. Bloomberg News, which first reported the story on Thursday, said the CEOs of Citigroup, Morgan Stanley, Bank of America, Wells Fargo and Goldman Sachs were present. JPMorgan CEO Jamie Dimon was unable to join, one of the sources told Reuters. Goldman Sachs, Wells Fargo and the Federal Reserve declined to comment. The Treasury, lenders and Anthropic did not respond to Reuters' requests for comment. Canada's Finance Ministry, the Bank of Canada and bank executives met on Friday to discuss cybersecurity, a ministry spokesperson said. AI and Anthropic's new AI model were topics of discussion, the spokesperson said. (Reporting by Saeed Azhar in New York, Carlos Méndez in Mexico City; Disha Mishra in Bengaluru; Additional reporting by Jasper Ward in Washington and Promit Mukherjee in Ottawa; Writing by Chris Thomas; Editing by Sumana Nandy, Rod Nickel)
Anthropic's Claude for Word steps into Microsoft's enterprise AI stronghold
Anthropic has rolled out a beta version of Claude for Microsoft Word, stepping up its push into enterprise software and taking direct aim at Microsoft's dominance in workplace productivity tools. According to a report by Business Insider, the new offering is designed for professionals handling document-heavy workflows, particularly in legal review, financial memo drafting, and detailed editing tasks. Focus on document-heavy work Anthropic said the add-in allows users to query their documents and receive contextual answers with clickable citations. These references direct users to the exact section of the document being used, moving beyond traditional keyword search. The company indicated that the tool is aimed at improving accuracy and efficiency in complex workflows where precision is critical. Editing tools with human oversight Claude for Word includes features designed to maintain document integrity during edits. Users can modify selected text while preserving formatting elements such as numbering and styles. A tracked changes mode enables users to review and approve or reject each edit, similar to conventional revision tools. The tool can also analyse comment threads within documents, incorporate suggested changes, and respond within the thread explaining the updates made. Anthropic also outlined sample use cases for legal professionals, including summarising contract terms, identifying deviations from standard clauses, and reviewing counterparty changes. Enterprise push beyond developers The beta version is currently available to Team and Enterprise users. With this launch, Anthropic appears to be expanding its positioning beyond developer-focused tools, aiming to embed Claude across enterprise functions such as legal, finance, and operations. Microsoft's parallel push with Copilot The launch comes as Microsoft continues to deepen integration of its AI assistant, Copilot, across its productivity suite. Microsoft recently introduced its Microsoft 365 Copilot Wave 3 update, which embeds AI directly into Word, Excel, PowerPoint, and Outlook. The update includes features such as document drafting in Word, spreadsheet creation in Excel, presentation design in PowerPoint, and email drafting in Outlook.
Anthropic's Mythos AI triggers global bank alerts over cyber risk
A powerful new artificial intelligence model developed by Anthropic has prompted a coordinated response from leading global financial regulators, with authorities in the United States, Canada and the United Kingdom moving rapidly to assess risks and strengthen bank defences against emerging cyber threats. The urgency of the situation was underscored in Washington this week, where US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened senior Wall Street executives for a hastily arranged meeting, warning that Anthropic's latest model, Mythos, could usher in a new phase of more sophisticated cyberattacks. Officials encouraged banks to take the unusual step of deploying the same technology internally to identify potential vulnerabilities in their own systems, as per people familiar with the discussions. Major financial institutions including JPMorgan Chase, Goldman Sachs and Citigroup are among those testing the model or preparing to do so, according to a Bloomberg report. The warning in the United States quickly resonated across other jurisdictions. In Canada, the Bank of Canada convened major lenders and financial authorities under its Financial Sector Resiliency Group to examine the cybersecurity implications of advanced AI systems. Officials emphasised the need for information sharing and preparedness while stating that there was no immediate or active threat to the financial system. In the United Kingdom, the Bank of England is preparing to address the issue in upcoming meetings with banks, regulators and cyber agencies, placing Anthropic's model on the agenda of key resilience and artificial intelligence taskforce discussions. The near-simultaneous actions across major economies signal a growing consensus among policymakers that rapid advances in artificial intelligence could enable a new class of cyberattacks capable of exploiting multiple vulnerabilities simultaneously, a challenge that has traditionally stretched even highly skilled human hackers. Anthropic has stated that its Mythos model is capable of identifying and exploiting weaknesses across major operating systems and web browsers, prompting the company to limit its release to a small group of organisations under a controlled testing programme. The initiative, involving select technology firms and at least one major bank, is aimed at identifying potential flaws and establishing safeguards before a broader rollout. Regulators are increasingly viewing such capabilities as a potential systemic risk, particularly as many of the banks involved in the US discussions are designated as systemically important institutions, meaning disruptions to their operations could have wider implications for the global financial system. The episode also reflects a shift in regulatory strategy, with authorities moving beyond oversight of AI deployment to actively encouraging financial institutions to adopt advanced technologies to defend against evolving threats. While officials across jurisdictions have described the discussions as precautionary, the speed and coordination of the response underscore the seriousness with which regulators are approaching the potential for AI to reshape the global cyber risk landscape.
Peru extends voting hours as delayed election day begins amid chaos
Peru extends voting hours as delayed election day begins amid chaos Peru extended voting hours on Sunday (April 12) after delays in setting up polling stations, following logistic issues involving a contractor responsible for electoral material distribution, electoral authorities said.
Noida Protest Today LIVE Updates: Akshardham-Noida Route Shut As Workers' Protest Triggers Massive Traffic Chaos
Traffic movement was severely affected across Noida on Monday as protests by hundreds of workers over salary hike issues led to widespread congestion, especially in Sector 62 and nearby areas. Entry into Noida from the Akshardham side was also blocked due to the agitation, further worsening the situation for those travelling from Delhi. Major routes connecting Sector 62 to Sector 16 and NH-9 were blocked by protesters, resulting in long traffic snarls and delays for commuters. Protests were reported in multiple locations, including Sector 62, where large groups of workers gathered, climbed onto road dividers, and raised slogans, bringing traffic to a near standstill. Office-goers faced significant delays as movement across key arterial roads remained heavily restricted. The situation escalated in Phase 2, where tensions ran high and incidents of stone pelting, vehicle arson, and vandalism were reported. A heavy police presence was deployed to manage the crowd and restore order.
Elon Musk's SpaceX and Jeff Bezos's Blue Origin in space race for Nasa's next moon mission
Elon Musk and Jeff Bezos's moon landers could be pitted against each other in a 400km-high "job interview" to see which one performs best. Both Musk's SpaceX and Bezos's Blue Origin companies are working on systems that can take astronauts to and from the lunar surface and after Nasa changed its schedule for the upcoming Artemis missions, the two will be in direct competition. In February, Nasa announced the Artemis III mission would no longer land on the moon as previously planned. Instead, the mission will practise docking the Orion crew capsule, which carries the astronauts into space, with the landers, which will then ferry them to the moon. The space agency has confirmed "one or both" of the landers will be involved in the mission next year, meaning both spacecraft could be in orbit at the same time, vying to be picked for the Artemis IV moon landing in 2028. SpaceX's giant Starship Human Landing System (HLS) was originally selected for the first Artemis moon landing, but ongoing delays prompted Nasa to open the contract to bids to other companies last year. Blue Origin, which had already been contracted for later human missions, could now beat SpaceX to the first Artemis moon landing. This week, Blue Origin posted footage of its Blue Moon lander Edurance coming out of a thermal vacuum chamber after successfully completing tests. David Limp, the chief executive of Blue Origin, said the successful test brought the company "one step closer to the moon". SpaceX has also been making progress on the Starship HLS and recently completed fuel leak testing at its Spacebase site in Boca Chica, Texas. Nasa said both systems were making progress towards a trial docking with the Orion crew capsule in the Artemis III mission, which they said would "put the landers through their paces". The mission is scheduled for mid-2027. Amit Kshatriya, Nasa's associate administrator, said: "There's a Blue Origin lander that just came out of the chamber and that's getting shipped to Florida. "I know the folks in Boca Chica are getting the block three Starship ready to roll. They're going to do static fires here shortly in April and hopefully get off relatively soon. "So we're in earnest and proceeding as quickly as we can." Blue Moon looks like a larger, elongated version of the Apollo lander The systems are vastly different. Starship is a massive, fully reusable, methane and oxygen-fuelled lander, which lands vertically and ferries the astronauts to the ground using a space elevator. It is launched on a SpaceX super heavy booster rocket and will be refuelled in space before journeying to the moon. Although it will be carrying just four crew members to the lunar surface for Artemis, it could potentially carry up to 100 astronauts on future moon or Mars missions, as well as up to 200 tons of payload capacity. In contrast, Blue Moon looks like a larger, elongated version of the Apollo lander. It is fuelled by liquid hydrogen and oxygen and is launched on a Blue Origin New Glenn rocket. It can carry four astronauts and about 30 tons of cargo. Artemis III will include rendezvous and docking, in-space tests of the landing vehicles, as well as checks of the life support, communications, propulsion systems and the new extravehicular activity astronaut suits for space walks. Whichever company is successful, will be chosen to carry astronauts on the Artemis IV mission in early 2028 - the first moon landing since 1972. Nasa told The Telegraph that a second crewed landing later that year - Artemis V - could be provided by the company which is not selected for the first mission. During those missions, the chosen lander will dock with the Orion crew capsule in lunar orbit and take the astronauts to the moon's surface, where they will collect samples, perform science experiments and observe the environment. The lander will launch them back to Orion, which will return them to Earth. Blue Origin is planning to launch a Blue Moon pathfinder mission this year to test its engines, communications, propulsion and life support systems.
US Banks Reportedly Testing Anthropic's Mythos Model For Security Risks: What We Know
Major U.S. bank executives are encouraged by top officials to test Anthropic's Mythos model for identifying vulnerabilities in systems. (Image Created Using AI) There's an interesting shift happening in the AI and banking space and it's not exactly subtle. According to a report by Bloomberg, top US officials recently brought together major bank executives and encouraged them to experiment with Anthropic's newly announced Mythos model. The idea? Use AI to spot vulnerabilities before they become real problems. Here's everything you need to know about this.
Banks Panic As Anthropic Mythos Exposes Software Vulnerabilties - IT Security News
Mythos Sparks Urgent Bank Meetings, AI Shrinks Exploit Windows, CEO Phishing Beats MFA + Crypto Fraud Bust Cybersecurity Today would like to thank Meter for their support in bringing you this podcast. Meter delivers a complete networking stack, wired, wireless and cellular in one integrated solution that's built for performance and scale. You can find them at Meter.com/cst Host David Shipley covers urgent meetings among U.S., Canadian, and U.K. financial leaders after Anthropic's Mythos announcement, with regulators and major banks assessing potential systemic risk; Mythos is described as capable of finding and chaining zero-days and is limited to a preview program (Project Glasswing) with select critical infrastructure and tech firms. The episode highlights how fast vulnerabilities are now exploited, citing a critical Marimo flaw patched in 0.2.3.0 that attackers probed within 9 hours and research showing AI can generate exploits from CVEs in 10-15 minutes. It then details "Venom," an invitation-only phishing-as-a-service targeting executives via QR codes to hijack sessions and register new devices, and Microsoft's warning about Storm-2755 redirecting Canadian paychecks by stealing M365 session cookies and altering direct-deposit details. Finally, Operation Atlantic is summarized: authorities identified 20,000 crypto-fraud victims, froze $12M, and linked $45M in stolen crypto tied to approval phishing.
Dow Jones Top Financial Services Headlines at 12 AM ET: Polymarket's $269 Million Question: Did U.S. Forces 'Enter' Iran? | Wall ...
Polymarket's $269 Million Question: Did U.S. Forces 'Enter' Iran? The rescue of a missing airman sparks the latest dispute to trip up traders on the prediction-market platform. ---- Wall Street Builds New Tool to Bet Against Private Credit A credit-default swap index could help banks reduce exposure to private credit and let hedge funds profit from turmoil. ---- Insurers Take Bigger Risks Than Before 2008-09 Crisis, Report Warns An industry praised for its resilience is now "significantly worse off" as it invests huge sums in private credit, A.M. Best said. ---- Global chaos has become a permanent guest in your portfolio. This strategist says Big Tech and emerging markets are now essentials. The Strait of Hormuz crisis is not an aberration from the new geopolitical order - it is an expression of it and investors need to adjust to this fast, says a Nuveen strategist. The average U.S.-stock mutual fund or ETF fell 2.8% to start the year. Plus: A flashback to the Dow's 3000 milestone, 35 years ago. ---- Raiffeisen Takeover Target Addiko Gets Higher Offer From Slovenia's NLB Nova Ljubljanska Banka's offer is at a premium of nearly 12% to the stock's closing price on Wednesday, and 26% higher than Raiffeisen's. ---- A major long-term risk for investors is baby boomers liquidating their investments As baby boomers retire, they will go from buyers of stocks to sellers. ---- This AI Agent Will Suggest Trades for You-and Make Them. Do You Dare to Try It? AI is coming-or rather is already here and increasingly used by Wall Street institutions and individuals alike. OpenClaw beckons. Find insight on Kalshi, Impax Asset Management and more in the latest Market Talks covering financial services. ---- SEC's New Enforcement Director Joins Agency Amid 'Significant Course Correction' The Securities and Exchange Commission is bringing fewer cases, resulting in lower penalties, and asking Congress for a double-digit funding cut. Royal Bank of Canada plans to launch a growth fund that will invest up to almost $725 million in Canadian companies. The veteran New York firm closed its largest-ever fund and its first since a 2022 management succession.
Google Confirms Technical Error After Polymarket Betting Data Appears in News Results | 📲 LatestLY
Google has addressed a technical issue that caused betting listings from the prediction market platform Polymarket to appear within its Google News ecosystem. The company clarified that the inclusion of these wagering options alongside traditional news articles was an "error" and confirmed that the platform has since been removed from the News section. The incident had recently drawn scrutiny after users reported seeing speculative betting data positioned prominently alongside established journalistic outlets. In a statement provided to The Verge, Google spokesperson Ned Adriance emphasised that Google News is intended to surface sources that create content about current events based on specific eligibility policies. Adriance stated that the site "briefly appeared in Google News in error, and it is no longer surfacing." Sam Altman Home in San Francisco Targeted Twice in 2 Days, SFPD Arrests 2 After Gunshot Incident. Reports and screenshots shared by Futurism indicated that Polymarket listings were appearing in the "For You" section of Google News, which provides a customised feed based on individual user interests. In several instances, these betting entries appeared as top results for various queries, including those regarding Bitcoin price movements. The presence of the platform extended beyond the personalised feed. For example, search queries related to geopolitical topics, such as activity in the Strait of Hormuz, reportedly showed a mix of traditional sources like the Financial Times, The Guardian, and Reuters, followed by a Polymarket entry tied to regional shipping predictions. Users were also able to select Polymarket as a preferred "source" within the Google News app, a feature that has since been disabled. While Google has not detailed the specific technical cause of the surge, industry analysts suggest it may be related to how the search engine's algorithms interpret frequently updated web pages. Prediction market sites often update their data in real-time, a behaviour that can mimic the rapid-fire publication cycle of news organisations. The incident follows a previously announced partnership between Google, Polymarket, and Kalshi to integrate prediction data into Google's finance platform. However, it remains unclear if that specific data-sharing agreement was linked to the unexpected appearance of wagering links within the news category. The error has sparked debate regarding the role of prediction markets in information gathering. These platforms allow users to bet on the outcome of real-life events, essentially assigning probabilities based on user behaviour and financial stakes. While marketed as analytical tools, the data relies on the volume of participants and their financial conviction rather than verified reporting or professional analysis. Critics argue that these sites often present speculative information in a format that closely resembles objective news reporting, potentially misleading readers. Social media users have been documenting the presence of these listings in Google Search's news category since late March, leading to concerns about the "gamification" of current events within search results. During the period when Polymarket was available as a source, other social platforms like Reddit and X (formerly Twitter) were also accessible to users. Notably, Kalshi, another major prediction market platform, was not surfaced in the same manner as Polymarket. Sundar Pichai Defends Google's AI Strategy, Says Product Safety Prioritised Over Speed. Google maintains that it is committed to surfacing authoritative content and that the appearance of betting platforms was a temporary departure from its standard indexing procedures. The company has now implemented measures to ensure such speculative platforms do not bypass the eligibility filters required for news-source status.
Amid Anthropic Mythos fears, IMF chief warns global financial system lagging on AI risks
IMF Managing Director Kristalina Georgieva warns global monetary system at risk from AI cyber threats The world may be moving fast on artificial intelligence, but its financial safety nets are not keeping up, according to International Monetary Fund Managing Director Kristalina Georgieva. Speaking on CBS News' "Face the Nation" on Sunday, Georgieva said global systems are not yet equipped to handle large-scale cyber threats linked to AI. Her warning came just before the International Monetary Fund and World Bank begin their spring meetings in Washington. Georgieva said the international community needs to focus more on building safeguards that can protect financial stability as AI capabilities evolve. She pointed out that while the issue is being discussed in the United States, the risks are not limited to one region. She called for countries to work together, warning that without coordination, the same vulnerabilities could surface across global markets. The remarks follow an announcement by Anthropic on April 7, where the company said it would restrict the release of its new "Mythos" model. The decision was linked to concerns over the model's ability to quickly identify security weaknesses. Earlier this week, Federal Reserve Chairman Jerome Powell and Treasury Secretary Scott Bessent met leading U.S. bank chiefs in Washington, D.C., to discuss cybersecurity risks linked to Anthropic's new AI model, Mythos. The meeting, called on short notice during a Financial Services Forum gathering, brought together top executives from major banks. The high-level engagement signalled that advanced AI systems are now being viewed as a potential risk to the foundations of the financial system. The concerns centre on Anthropic's "Claude Mythos Preview," which the company released in a limited capacity, citing fears that its ability to rapidly detect vulnerabilities could be misused by hackers. The urgency around AI risks has also played out in markets and policy. Reports of the model's capabilities contributed to a decline in cybersecurity stocks last month, while past incidents have shown that AI tools can be used to automate cyberattacks.
CXO Moves: Exec movements across Air India, Anthropic India, Ogilvy, Visa, Uber, ONDC, Swiggy and more
Get the full picture on people and their moves on the corporate jungle gym in CXO Moves. (Representational image via Unsplash) Keep up with all the key people movements in the brand marketing ecosystem in Storyboard18's CXO Moves. Here's a round-up of the executives who've moved jobs, got bigger roles, switched industries and more. Campbell Wilson Air India Chief Executive Officer Campbell Wilson has stepped down from his position. Wilson's exit comes at a time as the carrier deals with sustained losses, operational setbacks, and heightened scrutiny following last year's crash that killed 260 people, even as it pushes ahead with a long-term turnaround plan. Anthropic India has named Amlan Mohanty as head of policy. He has worked across Career Launcher, Trilegal, PLR Chambers, Google, Carnegie India etc. Ogilvy Group has named Carol Reed as global chief innovation officer. Reed has worked across Publicis Groupe, Omnicom, and Goldweigh Consulting. Sandeep Ghosh has stepped down from his position at Visa. He has worked across COATS, PepsiCo, Citi, Royal Bank of Scotland, ANZ, AXA, and EY. Ixigo has named Ameya Velankar as group SVP - marketing. Velankar has worked across RPG Enterprises, Marico Limited and SC Johnson. Uber has named Arjun Kalra as head of marketing for India and South Asia. Kalra has worked across TCS, Computer Sciences Corporation, AkzoNobel Decorative Coatings, and Yum! Brands. ONDC has appointed Vibhor Jain as the MD and CEO. He has worked across Arthur Andersen Business Consulting, EY, Mobike, JUMO.WORLD, The World Bank, and Atlanta Healthcare. Nandan Reddy, who served as the co-founder of Swiggy, has stepped down from his position. Reddy was instrumental in setting up Swiggy's early operations alongside co-founder and Group CEO Sriharsha Majety. Swiggy was co-founded by Majety and Rahul Jaimini, who had stepped down from his position in 2020. Reddy began his career at SourcePilani and then moved to Intellecap, and then worked as an external consultant at IDinsight. He is the founding partner and founder of Zuma, and Galla. Hathway Cable has named Gurjeev Singh Kapoor as CEO. He has worked across Modi Mirrlees Blackstone, ESPN Star Sports, ZEE TV, Discovery Channel, and Sony Pictures Networks India. Arvind R P has joined Lenexis FoodWorks in a new role. He has worked across TVS Motor Company, Britannia Industries, Levi Strauss & Co, and Kaya Limited. Tarun Mathur; Sajja Praveen Chowdary Tarun Mathur, who led Policybazaar, a wholly owned subsidiary of PB Fintech, has stepped down as chief executive officer and principal officer. Sajja Praveen Chowdary will succeed him and also serve as whole-time director, the company said in a regulatory filing. Chowdary joined PB Fintech Group in 2011 and has led multiple verticals over the years. He currently heads "Policybazaar for Business," the corporate/SME insurance and reinsurance arm of Policybazaar. Mathur began his career at HeroITES and later worked with ebookers and FE Global Technology Services. He joined Policybazaar as co-founder and associate director - business development.
Elon Musk Joins Instagram Ahead of SpaceX IPO - News Directory 3
The move toward a public listing for SpaceX comes as the company seeks to raise significant capital. Elon Musk is preparing to take SpaceX public through an initial public offering (IPO) while expanding his presence across multiple social media platforms. According to reporting from The New York Times on April 12, 2026, a verified account using the @elonmusk handle has appeared on Instagram and TikTok. The move toward a public listing for SpaceX comes as the company seeks to raise significant capital. On April 1, 2026, it was reported that SpaceX could raise more than $75 billion from the IPO. Details regarding the structure of the offering indicate that the portion reserved for individual investors might exceed 20%. Parallel to the IPO preparations, Musk has made strategic staffing changes at xAI. The company has appointed Indian-origin engineers to the firm amid the ongoing plans to take the rocket company public. SpaceX continues to operate as a primary designer and manufacturer of rockets and spacecraft, maintaining a significant social media presence via its official Instagram account, which has 17 million followers as of April 2026. The appearance of verified @elonmusk accounts on TikTok and Instagram marks a shift in the billionaire's digital footprint, as he is also the owner of X. The New York Times confirmed the emergence of these accounts on April 12, 2026, coinciding with the period of SpaceX's transition toward becoming a public company.
SpaceX $75 billion IPO threatens to overshadow US listing market
As Elon Musk's SpaceX closes in on a $75 billion IPO that could rewrite record books, concerns are mounting that others looking to list in 2026 may find it harder to get deals done under the shadow of the space venture's headline-grabbing debut. US markets, prized for their depth, face a critical test, as more than half a dozen analysts and industry experts told Reuters that the SpaceX deal would likely absorb an outsized share of investor demand, squeezing out other hopefuls. "History tells us that a mega IPO like SpaceX can suck up the oxygen in the market. We saw that with Facebook in 2012," said Matt Kennedy, senior strategist at Renaissance Capital, a provider of IPO-focused research and ETFs. "IPOs are a major marketing event, and companies wouldn't want the noise from a SpaceX offering to drown out coverage of their own deals. So, listing activity may die down a bit during the weeks surrounding the SpaceX IPO." Companies have waited years on the sidelines for favorable IPO conditions after a prolonged dry spell. A listing like SpaceX, with its celebrity billionaire CEO, hot industry and deep-pocketed backers, could have provided the jolt others need to push ahead. Instead, its sheer scale threatens to overshadow others, with Wall Street banks and investors pouring a majority of their attention, and money, into the operator of the Starlink constellation of satellites. Thirty-five IPOs have priced so far this year, according to data from Renaissance Capital, down 37.5 per cent from a year earlier. That could worsen in the months ahead, clouding hopes of a broader market resurgence in 2026. DISRUPTIONS WEIGH ON IPO MARKET The IPO market has lined up its biggest pipeline in decades, analysts and bankers said. But the war in Iran, spiking oil prices, private credit concerns and AI-led disruption to legacy software firms have set a high bar for which deals successfully break through the volatility - and which ones get left behind. Now, alongside these disruptions, companies eyeing IPOs must also compete for attention in a market dominated by SpaceX headlines. While bankers will probably advise their biggest clients against competing against SpaceX, smaller listings may benefit, said Michael Ashley Schulman, partner at wealth management firm Cerity Partners. "Smaller IPO debuts may benefit from a tag-along effect in retail enthusiasm that could mentally lump IPOs together under the assumption that if one does well, others will too," he said. MORE MEGA DEALS TO COME Timing an IPO is often as crucial to a listing's success as the company's fundamentals. May through June is typically the best window before a summer lull that defers larger offerings to the fall. While Musk is hoping to take SpaceX public in June, according to bankers, OpenAI and rival Anthropic are reportedly aiming for a debut in the second half of the year. "The attention that these mega IPOs take from the market could push a broadly open IPO window into 2027," PitchBook analyst Kyle Stanford said in a report. The report added that if SpaceX raises between $50 billion and $75 billion, while OpenAI and Anthropic raise another $50 billion combined, that would roughly match the total raised by US VC-backed company IPOs over the past decade. "Media attention is not the only thing these mega IPOs could absorb. IPO underwriting would be constrained by the amount these companies are able to raise," Stanford wrote. 'MUSKONOMY' VS MARKET REALITIES To be sure, it's uncharted territory - no offering of this size has been attempted before. Analysts and experts said the absence of any clear precedent or comparable listing leaves investors with little to anchor expectations, making it harder to gauge how the market will respond to SpaceX's IPO. "SpaceX is going to be big, no doubt about it," said James Angel, faculty affiliate at Georgetown McDonough's Psaros Center for Financial Markets and Policy. "The combination of well-known brands like X and Starlink, along with the magic of AI, the dream of space, and Musk's magic means that the investment bankers will have little trouble generating interest in the stock." Elon Musk has built a track record of pulling in investor demand across cycles, with his ventures often dominating attention. His empire, dubbed "Muskonomy" by analysts, creates a concentration of capital that few offerings can match. That concentration of investor interest is not just theoretical, it has played out in past listings. Musk's EV maker Tesla raised $226 million in its 2010 IPO at a market value of about $1.6 billion. It is now the world's most valuable automaker, worth more than $1.3 trillion. But even that track record and investor appeal may not be enough in today's IPO market, analysts cautioned. "We don't believe that SpaceX can escape the realities of the US IPO marketplace, in the sense that it has become a buyer's market," said Josef Schuster, CEO of IPO research firm IPOX. "Even strong IPO candidates in hot sectors need to show flexibility in pricing their deal and potentially need to price downward for IPO success." Others warned that a wave of large listings could strain investor demand more broadly, particularly if multiple mega deals hit the market at the same time. "There is an old market saying that bull markets end when the money runs out, and there are plenty of historic examples where a deluge of IPOs and new stock market entrants, and then subsequent secondary offerings, meant sellers eventually swamped buyers," AJ Bell investment director Russ Mould said.
