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Corporate news, markets, and the economy

Death markets and regulatory drift: The Kalshi reckoning
Business

Death markets and regulatory drift: The Kalshi reckoning

Kalshi's decision to block payouts on a $54 million prediction market has sparked a class action lawsuit and widening questions about market rules, disclosure and who really controls the outcome.

Microsoft Hedges AI Bet With Claude Integration, But Security Doubts Linger
Business

Microsoft Hedges AI Bet With Claude Integration, But Security Doubts Linger

Microsoft is making Anthropic's Claude models available across its Copilot platform, including a new Cowork automation service. But the move comes as security researchers highlight serious file exfiltration vulnerabilities that Microsoft's own infrastructure may not fully resolve.

The Infrastructure Play Behind Nscale's $2B Victory
Business

The Infrastructure Play Behind Nscale's $2B Victory

UK-based AI infrastructure firm Nscale has raised $2 billion and appointed former Meta and Yahoo executives to its board, signalling it sees itself not as a startup but as foundational to the next generation of the internet.

How Ticketmaster's Parent Used Concert Threats to Block Rivals
Business

How Ticketmaster's Parent Used Concert Threats to Block Rivals

Rival ticketer SeatGeek had to offer 'retaliation insurance' to venues fearful that Live Nation would cut off access to major concerts if they switched platforms. The practice became central to the government's monopoly case.