2026-04-04
If you want to make money from the SpaceX IPO, you have to pay a Musk tax Musk is making banks and law firms helping SpaceX go public buy subscriptions to Grok, his AI chatbot, the NYT reports Some of the banks agreed to spend tens of millions on Grok, juicing his finances
New York Times
Sources: Musk requires banks seeking roles in SpaceX's IPO to subscribe to Grok and advertise on X; some banks are spending tens of millions integrating Grok
Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.
2026-04-03
If you want to make money from the SpaceX IPO, you have to pay a Musk tax Musk is making banks and law firms helping SpaceX go public buy subscriptions to Grok, his AI chatbot, the NYT reports Some of the banks agreed to spend tens of millions on Grok, juicing his finances
New York Times
Sources: Musk requires banks seeking roles in SpaceX's IPO to subscribe to Grok and advertise on X; some banks are spending tens of millions integrating Grok
Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.
OpenAI Buys Tech-Industry Talk Show TBPN 1)everything is becoming TV 2)tech execs/VC's complaining about journalism being too negative are “going direct” or doing friendly long-form podcasts...why not just buy the podcast 3)AI firms are doing a tech giant soft power speed run [image]
Wall Street Journal
OpenAI acquires tech news show TBPN; Fidji Simo says the move aims to “help create a space for a real, constructive conversation about the changes AI creates”
TBPN staff will help with marketing and communications at OpenAI but keep their editorial independence, the ChatGPT parent says
2026-04-02
OpenAI Buys Tech-Industry Talk Show TBPN 1)everything is becoming TV 2)tech execs/VC's complaining about journalism being too negative are “going direct” or doing friendly long-form podcasts...why not just buy the podcast 3)AI firms are doing a tech giant soft power speed run [image]
Wall Street Journal
OpenAI acquires tech news show TBPN; Fidji Simo says the move aims to “help create a space for a real, constructive conversation about the changes AI creates”
TBPN staff will help with marketing and communications at OpenAI but keep their editorial independence, the ChatGPT parent says
2026-03-04
Media companies doing AI deals are trying to learn the lessons of the early 2000s, when Google and Facebook swallowed their content and advertising model. But partnering with AI companies to improve their models seems like a devil's bargain for quick cash.
Wall Street Journal
Sources: Meta has signed a multiyear AI licensing deal with News Corp for UK and US content, worth up to $50M per year and running for at least three years
2026-03-02
The reason the Pentagon ended talks with Anthropic, creating an opening for OpenAI, was Anthropic's refusal to allow its tech to be used on unclassified, commercial bulk data on Americans, like geolocation and web browsing data, the Atlantic reports: [image]
The Atlantic
A source describes the failed Pentagon-Anthropic talks: through the end, the Pentagon wanted to use Anthropic's AI to analyze bulk data collected from Americans
Right up until the moment that Pete Hegseth moved to terminate the government's relationship with the AI company Anthropic …
The reason the Pentagon ended talks with Anthropic, creating an opening for OpenAI, was Anthropic's refusal to allow its tech to be used on unclassified, commercial bulk data on Americans, like geolocation and web browsing data, the Atlantic reports: [image]
The Verge
Sources: OpenAI agreed to follow US laws that have allowed for mass surveillance in the past, and the DOD didn't budge from its demands over bulk analyzing data
On Friday evening, amidst fallout from a standoff between the Department of Defense and Anthropic, OpenAI CEO Sam Altman announced …
2026-02-28
Like the MrBeast case, this style of enforcement is straightforward: an employee was sloppy or brazen about using company info for gambling. But who decides what is “material non-public information” outside the context of a company? or when the person betting isn't an employee?
Wired
OpenAI fired an employee for insider trading on prediction markets like Polymarket; Unusual Whales has flagged 77 suspected insider trades around OpenAI events
Prediction markets like Polymarket and Kalshi are big business, and some Big Tech employees are testing boundaries by making trades based on insider knowledge.
2026-02-27
OpenAI's Sam Altman is pursuing a deal with the Pentagon “that allows our models to be deployed in classified environments and that fits with our principles,” he wrote in a note to staff Thursday evening, the WSJ reports [image]
Axios
Sam Altman says OpenAI shares Anthropic's red lines with respect to AI use by the military, which are “an issue for the whole industry”
OpenAI CEO Sam Altman wrote in a memo to staff that he will draw the same red lines that sparked a high-stakes fight between rival Anthropic …
Like the MrBeast case, this style of enforcement is straightforward: an employee was sloppy or brazen about using company info for gambling. But who decides what is “material non-public information” outside the context of a company? or when the person betting isn't an employee?
Wired
OpenAI fired an employee for insider trading on prediction markets like Polymarket; Unusual Whales has flagged 77 suspected insider trades around OpenAI events
OpenAI's Sam Altman is pursuing a deal with the Pentagon “that allows our models to be deployed in classified environments and that fits with our principles,” he wrote in a note to staff Thursday evening, the WSJ reports [image]
Wall Street Journal
Note to staff: Sam Altman says OpenAI seeks a DOD deal, except for use cases like domestic surveillance, and wants to “help de-escalate” DOD-Anthropic fight
Keach Hagey /Wall Street Journal:
2026-02-18
The criticism of prediction markets is that Kalshi/Polymarket and their backers claim they serve a beneficial financial purpose and generate real insight. But in practice, they are platforms to sidestep sports gambling laws and serve as grey-area conduits for insider trading
Wall Street Journal
A Las Vegas federal appeals court rejects Kalshi's emergency bid for an administrative stay on Nevada's push to block the platform, a major setback for Kalshi
A federal appeals court rejected Kalshi's bid, setting the stage for Nevada's civil-enforcement proceedings
Trump's CFTC is moving to prevent states from regulating prediction markets Chair Selig says prediction markets “provide useful functions to society” and “serve as an important check on our news media and our information streams” No mention of sports betting or insider trading
Wall Street Journal
A Las Vegas federal appeals court rejects Kalshi's emergency bid for an administrative stay on Nevada's push to block the platform, a major setback for Kalshi
A federal appeals court rejected Kalshi's bid, setting the stage for Nevada's civil-enforcement proceedings
The criticism of prediction markets is that Kalshi/Polymarket and their backers claim they serve a beneficial financial purpose and generate real insight. But in practice, they are platforms to sidestep sports gambling laws and serve as grey-area conduits for insider trading
Axios
CFTC Chair Mike Selig says the commission will file friend-of-the-court briefs to defend its exclusive jurisdiction over prediction markets amid state lawsuits
The Commodity Futures Trading Commission is launching a legal campaign to defend its regulatory turf on prediction markets …
Trump's CFTC is moving to prevent states from regulating prediction markets Chair Selig says prediction markets “provide useful functions to society” and “serve as an important check on our news media and our information streams” No mention of sports betting or insider trading
Axios
CFTC Chair Mike Selig says the commission will file friend-of-the-court briefs to defend its exclusive jurisdiction over prediction markets amid state lawsuits
The Commodity Futures Trading Commission is launching a legal campaign to defend its regulatory turf on prediction markets …
2026-02-17
The criticism of prediction markets is that Kalshi/Polymarket and their backers claim they serve a beneficial financial purpose and generate real insight. But in practice, they are platforms to sidestep sports gambling laws and serve as grey-area conduits for insider trading
Axios
CFTC Chair Mike Selig says the commission will file friend-of-the-court briefs to defend its exclusive jurisdiction over prediction markets amid state lawsuits
The Commodity Futures Trading Commission is launching a legal campaign to defend its regulatory turf on prediction markets …
Trump's CFTC is moving to prevent states from regulating prediction markets Chair Selig says prediction markets “provide useful functions to society” and “serve as an important check on our news media and our information streams” No mention of sports betting or insider trading
Axios
CFTC Chair Mike Selig says the commission will file friend-of-the-court briefs to defend its exclusive jurisdiction over prediction markets amid state lawsuits
The Commodity Futures Trading Commission is launching a legal campaign to defend its regulatory turf on prediction markets …
2026-02-13
trust busting energy
Axios
US DOJ antitrust chief Gail Slater says she is leaving, in a departure viewed as a victory for tech giants over some of MAGA's more populist voices
2026-02-12
trust busting energy
Axios
US DOJ antitrust chief Gail Slater says she is leaving, in a departure viewed as a victory for tech giants over some of MAGA's more populist voices
Gail Slater on Thursday said she is leaving the Justice Department, where she led the antitrust division.
2026-02-09
The WSJ on crypto's large adult sons: “because they were able to extract real cash from their ventures quickly, they are far less exposed to the current crypto downturn than retail investors who loaded up on digital tokens.” The Trump sons, the Witkoff son, the Lutnick son... [image]
Wall Street Journal