CFTC sues three states for trying to regulate prediction markets

The US Commodity Futures Trading Commission is suing Illinois, Arizona and Connecticut for attempting to outlaw or regulate prediction markets like Kalshi and Polymarket. The CFTC believes it has sole [...]

Nevada sues Kalshi for operating a sports gambling market without a license

Nevada is taking action against the rapidly growing Wild West of prediction markets. The state's gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypass [...]

EU tells Apple it has "no intention" of repealing the Digital Markets Act

The European Union has summarily rejected calls from Apple to repeal and replace its Digital Markets Act (DMA), the law that governs much about how giant tech companies must operate within the 27-nati [...]

Uber to acquire Berlin-based chauffeur hailing app to ramp up its luxury travel efforts

Uber has acquired Blacklane, a Berlin-based startup that offers chauffeur services and bookings through its app, with plans to expand further into the luxury travel industry. Blacklane, founded in 201 [...]

Can construction robots solve Europe’s housing crisis?

Europe’s housing crisis is deepening. High building costs, tight regulations, and labour shortages have choked the supply of affordable homes. As cities swell with new arrivals and construction work [...]

The luxury housing market is cracking — and tech-heavy cities are getting hit hardest

Luxury home sales fell 10% in April from a year earlier, according to new data from Redfin (RDFN).Read more... [...]

New Jersey has no right to ban Kalshi's prediction market, US appeals court rules

Kalshi can't be stopped in New Jersey. A 3rd US Circuit Court of Appeals panel ruled on Monday that New Jersey has no authority to regulate Kalshi's prediction market allowing people to bet [...]

New York Attorney General sues two prediction markets on illegal gambling allegations

New York is the latest state to take a stand against prediction markets. Attorney General Letitia James has sued Coinbase Financial Markets and Gemini Titan on charges that both are illegally running [...]

Apple repeats its long held criticism of the EU's Digital Markets Act

Apple has long opposed the Digital Markets Act, which is pretty much expected for a Big Tech company. Now, a bit over a year after it came into force, Apple has asked the European Commission to repeal [...]