News & Updates
The latest news and updates from companies in the WLTH portfolio.
Activist groups appeal Mississippi approval of xAI turbines
SOUTHAVEN, Miss. (WMC) - Several activist groups are appealing the Mississippi Department of Environmental Quality's decision to grant an air permit for xAI's facility in Southaven. The Southern Environmental Law Center, on behalf of the NAACP, Young Gifted & Green, and the Safe and Sound Coalition, filed the appeal Thursday. The permit will allow xAI to use dozens of methane gas turbines to help power its nearby Colossus 2 data center on Tulane Road, located just across state lines in Memphis. The groups claim xAI's power plant will release "staggering amounts of air pollution and harmful chemicals like formaldehyde." "Data centers cannot be built on the backs of at-risk communities. Colossus 2 unnecessarily endangers the health of our neighbors and doesn't represent progress, as MDEQ claims -- it's a violation of the public trust," said Abre' Conner, NAACP Director of Environmental and Climate Justice. "The NAACP has consistently challenged MDEQ's lack of transparency and stands with residents within the region. We continue to call for the prioritization of people over billionaires and unvetted corporate expansion." Click here to sign up for our newsletter!
FCC Set To Vote on Easing Satellite Power Rules, Boosting SpaceX's Starlink
Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The Federal Communications Commission (FCC) announced Wednesday it will vote on an order to revamp satellite spectrum-sharing rules that would benefit low-Earth orbit broadband providers - and SpaceX stands to gain the most. "By discarding last century's satellite regulations, we could see billions of dollars in benefits for the American economy and broadband speeds many times faster than what is available today," FCC Chairman Brendan Carr said in a statement. "This overdue rethinking of space spectrum sharing rules will bring greater competition to the broadband marketplace and reduce the number of satellites needed to serve a given area." The vote on April 30 could reshape how tens of millions of Americans, particularly those in rural communities, connect to the internet from space. The proposed order would raise the power levels that low-earth orbit (LEO) operators are permitted to use in frequency bands shared with incumbent geostationary orbit systems. For SpaceX, whose Starlink network already spans more than 10,000 satellites, the change would mean substantially faster and more reliable service. Not everyone is on board. Geostationary operators, including Viasat, SES, and DIRECTV, have opposed the move, arguing that allowing Starlink to transmit at higher power would cause damaging interference to their own networks. In a filing submitted Tuesday, DIRECTV told the agency that SpaceX's interference studies contain "significant unresolved questions." SpaceX has dismissed those concerns as a defense of the status quo. "The question of whether the [equivalent power flux density] framework harms consumers by unnecessarily constraining [LEO] services has been definitively resolved: it does," SpaceX wrote last month. The company added that the current rules unfairly favor what it called outdated satellite systems while leaving rural users underserved. The FCC appeared to agree. The agency said in its release that "government-imposed overprotection of GSO systems has meant that American households and businesses -- most critically in rural and remote areas -- do not receive the fastest space-based broadband American innovation has available." The international power limits at the center of the dispute were established in the 1990s and were designed to shield geostationary satellites from interference caused by lower-orbiting constellations. At the time, LEO broadband networks like Starlink did not yet exist. The FCC took an early step toward reform in January, when it approved 7,500 additional second-generation Starlink satellites and granted SpaceX a temporary waiver from the power restrictions while the agency's broader rulemaking proceeded. SpaceX has argued that the existing Equivalent Power Flux Density (EPFD) limits rely on obsolete computer models that fail to account for modern beamforming and interference-mitigation technologies now standard in newer satellite systems. As of March, Starlink's constellation comprised more than 10,020 satellites in low Earth orbit, accounting for roughly 65 percent of all active satellites worldwide, with more than 10 million subscribers reported as of February. A formal vote on the new power rules would mark the most consequential shift in satellite spectrum policy in a generation.
AI news Perplexity jumps 50% after one big change
The AI news out of Perplexity this week confirmed what many had been watching build since February: the company's annual recurring revenue hit $450 million in March, a 50 percent jump in a single month, after it launched an AI agents product called Computer and shifted to usage-based pricing. As PYMNTS reported, the revenue surge tracked closely with Perplexity's pivot from AI-powered search toward autonomous agents that execute tasks rather than answer questions. Computer, the flagship agentic product, functions as an orchestration layer coordinating up to 19 specialized AI models from providers including OpenAI, Anthropic, and Google to execute multi-step workflows. CEO Aravind Srinivas described the system as one where "one reasons, another codes, another writes." Perplexity also dropped advertising entirely in February, citing concerns that ads would erode trust in AI-generated outputs, concentrating its revenue entirely on subscriptions and usage fees tied to performance. The revenue trajectory tells the story. Perplexity grew ARR from $16 million to $305 million over two years, which was already fast. Then in a single month it added $145 million in annualized revenue. That acceleration reflects something becoming a core thesis across the AI industry: users will pay significantly more to have AI do things than to have AI say things. The usage-based pricing model reinforces this because revenue now scales with actual compute consumed by agent workflows, aligning monetization directly with value delivered. The company still faces lawsuits from publishers including The New York Times and Britannica alleging copyright infringement, as well as a separate privacy suit it has denied. The competitive landscape has shifted. Perplexity is no longer positioned against search engines but against enterprise automation platforms, where execution and measurable outcomes define success. Gartner projects that 40 percent of enterprise applications will include task-specific agents by end of 2026. As crypto.news has reported, AI integration is now reshaping headcount and spending patterns across industries as companies shift budgets toward tools that produce outputs rather than answers. The internal target of $656 million in ARR by end of 2026 once looked aggressive. At the current monthly pace it is within reach. As crypto.news has noted, monetization signals from mid-size AI companies are closely tracked by investors evaluating whether the broader AI infrastructure buildout produces durable revenue or speculative valuations. Perplexity's next test is whether enterprise retention holds as the novelty of agents matures and competitors deploy similar orchestration layers at scale.
U.S. lawmakers call for investigations after well-timed Polymarket bets on Iran ceasefire
Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred. On Wednesday, the Associated Press reported that at least 50 brand new accounts on Polymarket placed substantial bets on a U.S.-Iran ceasefire in the hours, even minutes, before President Donald Trump announced the ceasefire late Tuesday on social media. These were the sole bets made on Polymarket through these accounts. In January, an anonymous Polymarket user made a US$400,000 profit by betting that Venezuelan leader Nicolas Maduro would be out of office, hours before Maduro was captured. In the hours before the start of the Iran war, another account made roughly US$550,000 in a series of trades effectively betting that the U.S. would strike Iran and that Ayatollah Ali Khamenei would be removed from office. New Polymarket accounts placed large bets on U.S.-Iran ceasefire hours before announcement Such prescient wagers have raised eyebrows - and accusations that prediction markets are ripe for insider trading. And the issue goes beyond these three geopolitical events, according to at least one report. Researchers at Harvard University released a paper last month where, using public blockchain data, they estimated that US$143-million in profits have been made on Polymarket by individuals who potentially had insider information about events ranging from Taylor Swift's engagement to the awarding of the Nobel Peace Prize last year. Representative Ritchie Torres, who sits on the House Financial Services Committee as well as the subcommittee on digital assets and financial technology, sent a letter Thursday to the Commodity Futures Trading Commission demanding the regulator review and investigate these well-timed trades. The CFTC regulates the derivatives markets, which includes prediction markets. "This pattern raises serious concerns that certain market participants may have had access to material nonpublic information regarding a market-moving geopolitical event," Torres wrote. The letter was shared exclusively with the AP. "What is the statistical likelihood that of anyone other than an insider trader placing a winning bet 12 minutes before a market-moving presidential announcement," Torres said in an interview with AP. "There are two answers: God, or an insider trader. And something tells me that God it not placing bets around Donald Trump's posts on Truth Social. " Prediction market platforms like Kalshi and Polymarket allow their users to bet on everything from whether it will rain in Phoenix, Ariz., next week to whether the Federal Reserve will raise or lower interest rates. At this time, U.S. residents have limited access to Polymarket, which was banned from the U.S. in 2022. The company has moved to re-enter the country by acquiring a CFTC-licensed exchange and clearing house, giving it a legal pathway to start offering contracts domestically. The company has begun a limited rollout in the U.S. Polymarket also operates a separate, crypto-based platform offshore that remains outside U.S. jurisdiction. That platform accounts for most of its activity. Senator Richard Blumenthal sent a letter to Polymarket on Thursday demanding the company explain why it continues to allow trades on war and violence as well as whether the company is making any efforts to keep insiders from trading on the platform. "Polymarket has become an illicit market to sell and exploit national security secrets unlike any in history, and by extension a potential honeypot for foreign intelligence services watching for those same suspicious bets and wagers," Blumenthal wrote. Someone made $430,000 betting U.S. would capture Maduro. This is wrong Republicans have also criticized these platforms and called for bans on these sorts of bets. There are at least two bills pending in Congress co-signed by both parties, one in the House and one in the Senate. "We don't want to imagine a world where America's adversaries use prediction markets to anticipate our next move," said Representative Blake Moore after the release of the AP's findings on the ceasefire wagers. Polymarket did not immediately reply to a request for comment. The stakes are high for both Kalshi and Polymarket as they seek approval to operate in the U.S. and nationwide, particularly in the lucrative sports betting market. Kalshi, which is already regulated in the U.S., and its executives have a goal of making the company the nation's dominant prediction market. Kalshi has also leaned heavily into sports, which critics have said effectively makes it a sports betting platform that dabbles in event-based contracts on the side. Both companies have also announced partnerships with sports teams and even news organizations to broaden their reach as well. The AP has an agreement to sell U.S. elections data to Kalshi. The competition also carries political overtones. Donald Trump Jr. is an investor in Polymarket through his venture capital firm, 1789 Capital, and separately serves as a paid strategic adviser to Kalshi.
OpenAI To Launch Cybersecurity Model To Rival Anthropic's Claude Mythos
OpenAI is planning to launch a cybersecurity model that rivals Anthropic's cybersecurity artificial intelligence model, Claude Mythos. The AI cybersecurity model, designed to work with advanced hacking and defensive capabilities, will be released to a small group of businesses through OpenAI's existing Trusted Access for Cyber pilot program, Axios reported. The pilot program was announced in February in an effort to "enhance baseline safeguards for all users while piloting trusted access for defensive acceleration." OpenAI committed $10 million in API credits to participants at the time of the announcement. Yesterday, it was announced Anthropic plans to release Claude Mythos Preview to a select group of companies, as the AI firm aims to identify and fix software vulnerabilities in an effort to "reshape" cybersecurity. This move comes as AI capabilities surrounding cybersecurity have reached a "tipping point." Government officials have recently raised concerns that artificial intelligence tools could be misused to disrupt critical infrastructure such as financial systems or power grids. RFA, a global provider of IT, cybersecurity and cloud services for the financial sector, has warned that artificial intelligence (AI) is increasing cybersecurity risks for private equity firms. In an exclusive interview with Benzinga, Global Managing Director and Chief Revenue Officer (CRO) George Ralph noted that not only are these threats becoming more sophisticated, but many executives are also discussing the potential risk for more AI-related scams. Advancements in AI are lowering barriers to entry for hacking, as less-skilled individuals can now execute more sophisticated cyberattacks than in the past. Meanwhile, Florida Attorney General James Uthmeier stated today that his office is launching an investigation into OpenAI, citing concerns that AI technology and data may pose risks to both public safety and national security. The AG added that there are concerns that this data could "fall into the hands of America's enemies, such as the Chinese Communist Party," Uthmeier said in a video posted to X. Photo: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
xAI sues Colorado over first state AI anti-discrimination law
Elon Musk's xAI has filed a lawsuit challenging Colorado's landmark AI bill as the Trump administration and leading industry players try to stop US states from regulating the technology. Colorado's bill, set to take effect in the summer, was the first state-level initiative passed to impose protections against "algorithmic discrimination" in AI systems. Musk's AI lab, which recently merged with rocket group SpaceX, says the bill would force it to "promote the state's ideological views on various matters, racial justice in particular" rather than its own "disinterested pursuit of truth". The lawsuit is the latest move in a battle between AI companies, President Donald Trump's administration and individual states over regulation of the burgeoning technology. AI start-ups have pushed back against efforts to impose guardrails in California and New York, and Trump's AI advisers made clear they wanted the federal government to control regulation with a light-touch national framework. Musk's company, known for its model Grok, claims Colorado's bill would violate First Amendment free speech protections. "Its provisions prohibit developers of AI systems from producing speech that the State of Colorado dislikes, while compelling them to conform their speech to a state-enforced orthodoxy on controversial topics of great public concern," according to a filing in federal court on Thursday. The law "severely burdens the development and use of AI" and would "embed the State's preferred views into the very fabric of AI systems", xAI said in the filing. Colorado did not immediately respond to the lawsuit. The state in 2024 became the first to pass a comprehensive bill regulating artificial intelligence, aiming to prevent AI discrimination in areas including education, employment, lending, healthcare and housing. The bill requires developers to avoid "algorithmic discrimination", inform the state attorney-general of "foreseeable risks" and give the consumer the opportunity to both "correct any incorrect personal data" and "appeal an adverse consequential decision". The xAI civil claim challenges the bill's definition of "algorithmic discrimination", which specifies that it does not include efforts "to increase diversity or redress historical discrimination". Colorado Governor Jared Polis, a Democrat, signed the bill "with reservations" and has urged state legislators to amend it. The legislation was supposed to go into effect in February but has been postponed to June to give negotiators more time. In December, Trump signed an executive order urging the US Congress to pass "a minimally burdensome national standard" on AI instead of "a patchwork of 50 different regulatory regimes that makes compliance more challenging, particularly for start-ups". The president's order singled out Colorado's law, arguing that the law "may even force AI models to produce false results in order to avoid a 'differential treatment or impact' on protected groups". Congress has pushed back on efforts to ban states from regulating AI models.
Stake NEAR and earn up to 5% APY with Kraken
If you're holding NEAR without staking it, you're leaving rewards on the table. NEAR Protocol is a proof-of-stake blockchain, which means it's built to reward participation. Kraken now supports NEAR staking, so you can put your NEAR to work in just a few clicks with no technical setup, no validator management, no hassle. Kraken offers two ways to stake NEAR, depending on how much flexibility you want: Bonded staking: Earn up to 5% APY. Your NEAR is locked for a short period, but with only a 1-day unbonding period, you're never far from accessing your funds. Flexible staking and Auto Earn: Earn up to 2.5% APY. Your NEAR stays accessible while still generating rewards automatically. Whichever option you choose, rewards are automatically restaked to help compound your earnings over time. Staking NEAR directly on-chain involves choosing validators, navigating staking infrastructure, and staying on top of ongoing management. Most holders skip it entirely, not because they don't want the rewards, but because the process isn't worth the friction. Kraken takes care of all of that behind the scenes. Here's what that means for you: Simple setup. Stake directly from your Kraken account in a few clicks. No wallets to configure, no validators to research. Automatic rewards. Your staking rewards are automatically restaked, growing your balance without any action on your part. Secure infrastructure. Kraken manages validator operations so you don't have to. Your NEAR earns in the background while you stay focused on everything else. Full flexibility. You can trade, withdraw, or reinvest your NEAR at any time. NEAR Protocol is a layer-1 proof-of-stake blockchain focused on speed, scalability, and developer accessibility. It's consistently ranked in the top 50 cryptocurrencies by market cap and powers a growing ecosystem of decentralized applications. As a PoS network, NEAR is designed so that holding the token and participating in the network go hand in hand, and staking is the natural way to engage with it. Holding NEAR is only the first step. Staking is where the rewards begin. Whether you already hold NEAR on Kraken or you're looking for a simple, secure place to stake, Kraken makes it easy to start earning. Geographic restrictions apply. Projected annual rate is an estimate based on the average staking rewards accrued over the past period, before commission, and is subject to change. Staking involves risks including no guarantee of rewards, potential loss from slashing or hacks, and depreciation in the value of assets while staked. Please refer to Kraken's Terms of Service for additional information.
XAI Mississippi air permit appealed by SELC
Last month, the Mississippi Department of Environmental Quality Permit Board approved an xAI subsidiary's application to erect 41 natural gas turbines. Samuel Hardiman is an enterprise reporter who focuses on government and politics. He began his career at the Tulsa World where he covered business and K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development. He then served as the Commercial Appeal's city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on the intersection of government, public policy, influence and how public dollars are spent.
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
Anthropic Says New Claude Mythos Ai Is Too Risky For Public Use
BERITAJA is a trusted source for trending and national news. AI developer Anthropic says its latest Claude AI exemplary is truthful powerful -- and perchance vulnerable -- that it will not beryllium disposable to the wide nationalist to use. Dubbed Claude Mythos, the package is portion of the Claude AI family, an artificial intelligence exemplary that could enactment for illustration a chatbot and AI assistant, for illustration ChatGPT and Google's Gemini. "It is simply a frontier AI model, and has capabilities successful galore areas -- including package engineering, reasoning, machine use, knowledge work, and assistance pinch research -- that are substantially beyond those of immoderate exemplary we person antecedently trained," Anthropic wrote successful the preview's strategy card. The strategy paper besides states that Claude Mythos "has demonstrated powerful cybersecurity skills, which could beryllium utilized for some protect purposes (finding and fixing vulnerabilities successful package code) and violative purposes (designing blase ways to utilization those vulnerabilities)." It is those capabilities that made Anthropic determine to not merchandise the package to the wide public. "Claude Mythos's ample summation successful capabilities has led america to determine not to make it mostly available. Instead, we are utilizing it arsenic portion of a protect cybersecurity programme pinch a constricted group of partners." Anthropic cites these partners arsenic "organizations that support important package infrastructure, nether position that restrict its uses to cybersecurity." It is these kinds of technologies that Branka Marijan, a elder interrogator astatine Project Ploughshares, says should beryllium monitored pinch caution. "The implications for cybersecurity and broader nationalist information that they are flagging, I don't deliberation that they're hypotheticals," she said. "I do deliberation location are existent concerns that we should beryllium paying much attraction to now." Daniel Escott, the CEO of Formic AI, said that Anthropic is "choosing consciously" to not merchandise Claude Mythos. "Their statement against releasing it from the wide nationalist is that the aforesaid systems and functionality and capacity to protect infrastructure utilizing this AI strategy could arsenic beryllium utilized to onslaught the aforesaid infrastructure," he said. However, he besides said that he would make "no mistake" that "someone will person entree to [Claude] Mythos." "Anthropic is making their ain choices connected who they're consenting to springiness entree to this strategy for. But astatine the aforesaid time, I would ideate those partners are about apt saying 'you're only allowed to waste to us,' possibly a constricted group of different entities, but they don't want everyone to person entree to the aforesaid kinds of technology," he said. "And if Anthropic isn't going to waste it to them, personification other will create it and waste it." Escott besides warned that Anthropic's strategy paper connected Claude Mythos should beryllium taken "with a atom of salt." "Based connected the documentation, it seems that they've been training this connected a operation of the open-source information sets that they'd been utilizing for each of Anthropic's different models," he said. "This is nary different than what ChatGPT aliases Microsoft Co-Pilot is doing, wherever they're conscionable scraping, immoderate would reason stealing, accusation from each complete the net and putting it each into 1 large information group that they could train on." Marijan said she would for illustration to spot "more clarity from Anthropic and these different companies about really really concerning is this from what they're telling us." "It is perfectly concerning," she said. "It's undermining each of these safeguards that companies mightiness person successful place." Moshe Lander, an economics professor astatine Concordia University, said that not releasing Claude Mythos to the nationalist conscionable yet allows for imaginable flaws to beryllium fixed without impacting users. "If immoderate pharmaceutical institution is processing a drug, and they say, for the clip being, 'we're not releasing it for nationalist use,' is location thing incorrect pinch that? I would say, actually, I deliberation that's about apt being responsible," he said. "If the institution is saying, 'look, we're not putting it into nationalist usage ever,' that's thing different. What they're saying is 'we're now putting it successful nationalist usage now,' I deliberation that's being highly responsible, successful let's spot really this point is going to beryllium used. Let's spot wherever its defects are," he said. "If they do find that there's weaknesses, it has that expertise to correct itself aliases hole immoderate flaws, that mightiness not beryllium a bad thing." There stay important questions about the world, including successful Canada, about what it will return for governments to modulate AI and supply ineligible frameworks for its use. Lander besides said that first interest about AI systems not being instantly released is bound to raise questions for many, pinch nary easy answers. "I deliberation that because group are mostly worried about AI successful general, that erstwhile we perceive there's an AI merchandise that's coming on that's not disposable for nationalist use, we deed the panic fastener and say, 'wait a second, thing doesn't sound correct here,'" he said. "Before they [Anthropic] put it into nationalist use, they want to make judge that it's not going to spell into the incorrect hands, wherever group person possibly dishonourable intentions and that it could beryllium utilized to harm nine erstwhile they've established the protocols aliases safeguards that we request to put successful place." In January, the Canadian Centre for Cyber Security (Cyber Centre) released its ransomware threat outlook for 2025-27, stating that pinch the maturation of AI, "these threats person go cheaper and faster to behaviour and harder to detect." As a result, galore Canadian organizations, businesses "regardless of size aliases sector," and individuals are susceptible to ransomware attacks. However, "critical infrastructure and ample corporations" were recovered to beryllium the apical targets for ransomware activities. The study recovered that the reported number of ransomware incidents accrued by an mean of 26 per cent twelvemonth complete twelvemonth from 2021 to 2024. In addition, it was besides recovered that the full betterment costs associated pinch cybersecurity incidents costs $1.2 cardinal successful 2023, doubling the erstwhile costs of $200 cardinal from 2019 to 2021. However, Marijan believes that location should beryllium much protocol successful spot for businesses to utilize these tools. "I deliberation what it points to really is this clear spread successful governance wherever we person companies that are deciding what they deliberation is concerning. We should really person processes," she said. "What we've seen complete the past decade is an summation successful ransomware attacks [...] and that impacts each of us. So, erstwhile you're reasoning about 'what are the implications of these,' they're very important for mean group arsenic well. "So, we perfectly are successful the abstraction wherever these companies are deciding fundamentally what they deliberation are concerns aliases flagging them. And there's nary process successful spot for this, for immoderate guardrails really to appear."
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
SpaceX Plans Record Retail Slice In IPO, And Other Rumors
By Al Barbarino ( April 9, 2026, 4:10 PM EDT) -- As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. ... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as * Daily newsletters * Expert analysis * Mobile app * Advanced search * Judge information * Real-time alerts * 450K+ searchable archived articles And more! Experience Law360 today with a free 7-day trial.
Michael Burry Claims Anthropic Surpassing Palantir, Stock Declines
Michael Burry, known for his skeptical stance on Palantir, recently weighed in on the AI sector, specifically comparing Palantir's future to that of Anthropic. His insights raise questions about Palantir's competitive position in the rapidly evolving AI landscape. Michael Burry's Insights on AI Competition In a recent post on X, Burry stated that Anthropic is outpacing Palantir, claiming, "Anthropic is eating Palantir's lunch." He emphasized that Anthropic's annual recurring revenue (ARR) surged from $9 billion to $30 billion, driven by its user-friendly and cost-effective solutions. Palantir's Stock Decline Following Burry's comments, Palantir's stock price dropped significantly. Investors reacted strongly to his prediction, resulting in a decline of nearly 8%, bringing the stock down to approximately $129.30 per share. Notably, Palantir's shares are down almost 30% year to date. * Stock price decline post-Burry comments: 8% * Current stock price: ~$129.30 * Year-to-date drop: ~30% The Rise of Anthropic Although Anthropic is not yet publicly traded, it has become a focal point on Wall Street. Its AI tools, particularly the Claude chatbot, have influenced stock prices across various sectors, including legal tech and logistics. Shift in Market Dynamics Burry pointed out that while Palantir has a history of lucrative government contracts, it may not provide the edge necessary to compete effectively against Anthropic. He believes that Anthropic's private sector business model is the key to its rapid growth and success. Shifting Market Statistics Recent analysis by economist Ara Kharazian highlighted a significant change in business preferences within the AI market. Key findings include: * Nearly 25% of businesses now pay for Anthropic, up from 4% last year. * OpenAI experienced the largest one-month decline, at 1.5%. * 73% of companies chose Claude over OpenAI as of February. Investor Sentiment Towards Palantir Burry is not alone in his bearish outlook on Palantir. In September, short-seller Andrew Left also expressed negativity towards Palantir stock. He highlighted his support for Databricks, a privately-held AI startup, as a more favorable investment opportunity. Burry's remarks and the subsequent market reactions indicate a notable shift in sentiment towards Palantir, sparking debates about its future viability in the competitive AI space.
Is Anthropic's Claude Mythos an AI nightmare waiting to happen?
Anthropic (ANTH.PVT) is claiming that its new Claude Mythos AI model may be too powerful and is limiting its release after it reportedly "found thousands of high-severity vulnerabilities, including some in every major operating system and web browser," and could be used to hack software. Yahoo Finance Tech Editor Dan Howley outlines how Claude Mythos may be one of the AI landscape's biggest fears.
New Chaos Malware Variant Expands to Cloud Targets, Introduces Proxy Capability - IT Security News
A newly observed version of the Chaos malware is now targeting poorly secured cloud environments, indicating a defining shift in how this threat is being deployed and scaled. According to analysis by Darktrace, the malware is increasingly exploiting misconfigured cloud systems, moving beyond its earlier focus on routers and edge devices. This change suggests that attackers are adapting to the growing reliance on cloud infrastructure, where configuration errors can expose critical services. Chaos was first identified in September 2022 by Lumen Black Lotus Labs. At the time, it was described as a cross-platform threat capable of infecting both Windows and Linux machines. Its functionality included executing remote shell commands, deploying additional malicious modules, spreading across systems by brute-forcing SSH credentials, mining cryptocurrency, and launching distributed denial-of-service attacks using protocols such as HTTP, TLS, TCP, UDP, and WebSocket. Researchers believe Chaos developed from an earlier DDoS-focused malware strain known as Kaiji, which specifically targeted exposed Docker instances. While the exact operators behind Chaos remain unidentified, the presence of Chinese-language elements in the code and the use of infrastructure linked to China suggest a possible connection to threat actors from that region. Darktrace detected the latest variant within its honeypot network, specifically on a deliberately misconfigured Hadoop deployment that allowed remote code execution. The attack began with an HTTP request sent to the Hadoop service to initiate the creation of a new application. That application contained a sequence of shell commands designed to download a Chaos binary from an attacker-controlled domain, identified as "pan.tenire[.]com." The commands then modified the file's permissions using "chmod 777," allowing full access to all users, before executing the binary and deleting it from the system to reduce forensic evidence. Notably, the same domain had previously been linked to a phishing operation conducted by the cybercrime group Silver Fox. That campaign, referred to as Operation Silk Lure by Seqrite Labs in October 2025, was used to distribute decoy documents and ValleyRAT malware, suggesting infrastructure reuse across campaigns. The newly identified sample is a 64-bit ELF binary that has been reworked and updated. While it retains much of its original functionality, several features have been removed. In particular, capabilities for spreading via SSH and exploiting router vulnerabilities are no longer present. In their place, the malware now incorporates a SOCKS proxy feature. This allows compromised systems to relay network traffic, effectively masking the origin of malicious activity and making detection and mitigation more difficult for defenders. Darktrace also noted that components previously associated with Kaiji have been modified, indicating that the malware has likely been rewritten or significantly refactored rather than simply reused. The addition of proxy functionality points to a broader monetization strategy. Beyond cryptocurrency mining and DDoS-for-hire operations, attackers may now leverage infected systems to provide anonymized traffic routing or other illicit services, reflecting increasing competition within cybercriminal ecosystems. This shift aligns with a wider trend observed in other botnets, such as AISURU, where proxy services are becoming a central feature. As a result, the threat infrastructure is expanding beyond traditional service disruption to include more complex abuse scenarios. Security experts emphasize that misconfigured cloud services, including platforms like H [...] Content was cut in order to protect the source.Please visit the source for the rest of the article.
