China has halted helium exports as renewed Middle East tensions raise concerns over global supply chains. Helium is a critical cooling gas used in semiconductor manufacturing, and the halt threatens chip supplies worldwide.
Meta has discontinued a newly launched AI-powered image feature just days after its debut, following a wave of privacy backlash. Users had alleged the feature used personal photos without adequate consent.
A newly enacted US housing law aims to address affordability, though experts caution the measure's benefits will take time to show up in the market. The legislation targets barriers facing first-time buyers.
President Trump said 1,000 missiles are "locked and loaded" and would hit Iran if it carries out threats to assassinate him. The warning came as the US Treasury sanctioned an Iranian financier accused of links to the alleged plot.
The US Office of the Comptroller of the Currency granted stablecoin issuer Circle approval to operate as a national trust bank. Circle's shares rose more than 5% in premarket trading following the announcement, as competition among stablecoin issuers intensifies.
Greg Brockman's role at OpenAI has become clearer following Fidji Simo's official departure from the company due to a chronic medical issue. The shift comes as OpenAI moves closer to a prospective initial public offering.
The Trump administration has decided to ease export restrictions on advanced technology to the United Arab Emirates. Senator Elizabeth Warren sharply criticized the decision, calling a provision within the new rules "corrupt." The move is seen as part of a broader US effort to expand technology cooperation with Gulf nations.
Apple has filed a lawsuit against OpenAI, accusing the ChatGPT maker of stealing confidential trade secrets. The suit alleges the theft reached "every level" of OpenAI's operations. It marks one of the most significant legal clashes yet between major artificial intelligence companies.
European Union regulators are threatening Meta with fines, saying features such as infinite scroll on Facebook and Instagram contribute to "compulsive use" and "unhealthy habits" among users. The EU found the apps breach the bloc's digital rulebook.
President Donald Trump says he will not sign the SAVE Act, a bipartisan housing bill aimed at lowering home costs and curbing institutional investors, though it will still become law automatically without his signature. Congress passed the bill in June with broad bipartisan support.