Travelers' profit surged as catastrophe losses fell and investment income climbed
The insurer's net income rose to $2.21 billion in the second quarter, driven by a sharp drop in storm-related losses and a 14% gain in investment income [...]
China's Moonshot AI launched its largest model ever — and rival AI stocks plunged
Kimi K3, a 2.8-trillion-parameter open-weight model, outperformed several leading U.S. systems on some benchmarks while pricing below top-tier American rivals [...]
The Chat Control gambit: The EU's 'undemocratic' revival of chat scanning may have long term consequences for digital privacy
Temporary CSAM chat scanning got the green light in Europe, three months after Parliament voted it down. Opponents now warn it could pave the way for lasting legislation that's unfit to protect our privacy. [...]