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Tech News

Another bid to block state AI regulation has failed… for now

The latest bid to squeeze a ban on states regulating AI into an annual defense bill has reportedly been rejected after facing bipartisan pushback.  House Majority Leader Steve Scalise (R-LA) said Tuesday that Republican leaders would look for “other places” to include the measure — an effort that President Trump has supported — according to … Read more

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What is Bending Spoons? Everything to know about Eventbrite’s acquirer

Milan-based tech conglomerate Bending Spoons this week acquired Eventbrite for $500 million, adding the event ticketing platform to its growing portfolio of recognizable consumer tech brands. The deal, announced Tuesday, marks the latest acquisition for the 12-year-old company that has quietly become one of the tech industry’s most prolific buyers — despite remaining largely unknown … Read more

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Anthropic hires lawyers as it preps for IPO

Anthropic is prepping for an IPO that could come as early as 2026, the FT reports. It has brought on law firm Wilson Sonsini to help kick off the process, and the company is tackling an internal checklist to prepare it for what could be one of the largest IPOs ever. The company is also … Read more

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Energy department hands out $800M in grants for small nuclear reactors

Two more nuclear companies have been awarded large grants by the Trump administration. The Tennessee Valley Authority (TVA) and Holtec will each receive $400 million from the Department of Energy to build small modular reactors based on existing nuclear fission technology.  The TVA will build one 300-megawatt reactor from GE Vernova Hitachi in Tennessee, while … Read more

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Fintech firm Marquis alerts dozens of US banks and credit unions of a data breach after ransomware attack

Fintech company Marquis is notifying dozens of U.S. banks and credit unions that they had customer data stolen in a cyberattack earlier this year.  Details of the cyberattack emerged this week after Marquis filed data breach notices with several U.S. states confirming its August 14 incident as a ransomware attack. Texas-based Marquis is a marketing … Read more

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