Search results for Eaton
Crypto
U.S. lawmakers urge CFTC to ban wildfire betting in prediction markets
Nine Democratic U.S. senators urged the Commodity Futures Trading Commission to ban prediction-market contracts tied to wildfires, saying such betting could incentivise arson, enable insider trading and undermine public safety. The senators cited Polymarket taking in more than $1.2 million in bets linked to California wildfires in 2025 and said other new platforms also allow wildfire wagers. Their push comes as prediction markets expand and face rising legal and political pressure over regulation.
Industry
Tesla launches Tesla Home AI energy management platform, questions raised over 5-year-old technology
Tesla has launched Tesla Home, a household energy management platform that uses an AI engine called Opticaster to make hundreds of daily decisions on power storage and use to help reduce electricity bills. The service combines Tesla’s existing energy hardware and software in a consumer interface and works for existing Powerwall users without extra hardware. Updates focus on the Tesla app experience, including consolidated settings and smart breaker integration.
AI & Enterprise
Data centre cooling industry shake-up gains pace as Phononic pursues sale
AI data centre cooling technology company Phononic is in sale talks, The Information reported on April 20, citing sources familiar with the matter. The deal is being discussed at a value of at least $1.5 billion, and some potential buyers have offered more than $2 billion, the report said. Phononic could also opt to raise additional funding instead of a sale.
