Search results for Delaware
AI & Enterprise
Delaware mulls allowing AI-run companies as U.S. House launches probe
Delaware\'s move to create a new type of corporate entity run by AI agents has triggered an investigation by the U.S. House of Representatives, driven by concerns that owners and investors could avoid legal responsibility if AI causes harm. The House Oversight Committee chair requested documents from the governor. A draft bill would allow AI to manage operations, sign contracts and handle assets, with limited liability for funders.
Telecommunications & Media
Apple to source more iPhone parts in US, spend $100 million on titanium for foldable iPhone Duo
Apple is expanding U.S. sourcing for key materials and components used in the iPhone 18 Pro and its first foldable phone, the iPhone Duo. The company said it will secure new partners through its U.S. Manufacturing Program and source about 100 parts from firms in at least 12 U.S. states. Apple will invest up to $100 million over three years to support titanium production by Pennsylvania-based Perryman and said the titanium includes at least 80 percent recycled material.
AI & Enterprise
AI chatbot Character.AI seeks bankruptcy protection as Disney places bid
Character.AI, an AI chatbot platform once valued at $1 billion, has filed for bankruptcy protection and entered a court-supervised sale process. The company cited failed fundraising, monthly operating losses of up to $9 million and legal burdens tied to protecting minors. Walt Disney is the first bidder with a $20 million offer for certain intellectual property and legal claims. Character.AI plans to keep services and subscriptions running during the process.
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Crypto
Hunter Biden denies \'LAPTOP\' memecoin rug pull, says aim was to mock Trump family
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AI & Enterprise
OpenAI tops Anthropic in paid AI spending across 47 U.S. states
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AI & Enterprise
Trump, big tech sign AI safety pact but it has no legal force
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Industry
Majority of U.S. drivers say they are more interested in EVs than a year ago
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Crypto
Grayscale seeks to convert Zcash Trust into ETF, targets NYSE listing
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Crypto
Hawaii to enforce cryptocurrency ATM ban from Oct. 1
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Crypto
Minnesota ban on crypto ATMs takes effect; existing machines to be removed by year-end
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Crypto
Movement Labs files for Chapter 11 bankruptcy protection amid MOVE token turmoil
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Crypto
Grayscale moves to launch spot Worldcoin ETF, pending SEC and Nasdaq approval
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Finance
Brokerages cut domestic branches and step up global push
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Crypto
Crypto ATMs face tighter space as U.S. states roll out bans and restrictions
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Games & Commerce
Krafton settles lawsuit with former Unknown Worlds management, ending dispute worth up to $250 million
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Industry
Chinese arms-linked firm, Qatar royal money secretly bought SpaceX stake
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Crypto
Delaware and New Jersey advance bills to ban cryptocurrency ATMs
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Crypto
Bitcoin Japan aims for SpaceX stake, formalises AI infrastructure investment business