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AI & Enterprise
Silicon Valley capital moves into news as a16z backs live-streaming MTS
Andreessen Horowitz (a16z) has backed the launch of a 24-hour livestream news show, “Monitoring the Situation” (MTS), on X, Axios reported. The project is funded by several angel investors and aims to replace traditional cable news. It features influential X users discussing breaking news in real time, including events such as a surprise resignation by Apple CEO Tim Cook. Mark Andreessen described it as a tool for understanding a complex era, though critics are skeptical.
Crypto
HBO\'s John Oliver targets prediction markets, says manipulation is too easy and regulation is a void
HBO satire show \"Last Week Tonight with John Oliver\" criticised prediction market platforms, highlighting regulatory gaps and the ease of manipulation. Oliver cited Kalyshi and Polymarket and described betting on political statements or whether events occur. He also criticised the U.S. Commodity Futures Trading Commission for not adequately controlling contracts tied to risky events such as terrorism, assassination and war. The sector is growing fast, with forecasts it could reach $1 trillion by 2030.
Industry
U.S. asks Ford, GM if they can boost arms output over EVs
The Trump administration\'s Defense Department is sounding out U.S. automakers on whether they can temporarily defer electric vehicle production plans and increase output of weapons and military supplies. Senior officials discussed the idea with executives including GM CEO Mary Barra and Ford CEO Jim Farley, and also involved GE Aerospace and Oshkosh. The talks are at an early stage. They come as the U.S. EV share of auto sales has fallen since peaking in 2025.