Search results for New Mexico
Telecommunications & Media
Meta social media addiction lawsuit dropped
A social media addiction lawsuit filed against Meta was dropped ahead of a jury trial, ending the case. A report said the plaintiff withdrew the Meta suit a day after reaching a tentative agreement with Snap. Meta said the plaintiff dropped the case without receiving anything from the company. The lawsuit was brought by Florida teenager R.K.C. against Meta, TikTok, Google’s YouTube and Snap.
Crypto
U.S. senators press to stop CFTC encroachment on state oversight of prediction markets
Seventeen Democratic U.S. senators asked the Senate to prevent the Commodity Futures Trading Commission from using federal funds for lawsuits involving prediction markets. They urged appropriators to block spending on litigation against state gaming regulators. The lawmakers said Chairman Michael Selig is asserting exclusive CFTC authority and infringing on state powers by treating event contracts as swaps. They warned the approach could let online prediction markets bypass state consumer protection and oversight.
Industry
SunZia high-voltage transmission line starts full operations in U.S. Southwest
The large-scale SunZia transmission infrastructure linking the U.S. Southwest has begun operating. Pattern Energy and Hitachi Energy said the line is now fully operational, sending renewable power from New Mexico to Arizona and other western grid demand centers. The project combines a major wind farm and a 550-mile high-voltage direct current line capable of moving up to 3,000 MW, enough for about 1 million U.S. households, and is expected to cut carbon emissions.
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Crypto
CFTC sues New Mexico over effort to block Kalshi prediction market as jurisdiction fight spreads
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Crypto
Roswell, the UFO city, holds donated bitcoin for at least 10 years
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Space
Artemis II completes laser communications demonstration
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AI & Enterprise
Intel in talks with Google, Amazon on advanced chip packaging customers
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Telecommunications & Media
Meta, YouTube lose social media addiction lawsuit as negligence liability recognised
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AI & Enterprise
Meta blocks teen access to AI characters until new version launch
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Mobility
Kodiak AI teams up with Bosch to pursue large-scale commercialisation of autonomous trucks