OpenAI is shutting down its AI video platform Sora, ending its social app and API while keeping AI image generation in ChatGPT. The move also cancels a planned $1 billion Disney partnership that would have allowed users to make videos with licensed characters.
WeatherlyThe U.S. Commodity Futures Trading Commission has launched an Innovation Task Force to create clearer rules for crypto, AI, and prediction markets. The move, aligned with efforts by the U.S. Securities and Exchange Commission, aims to reduce uncertainty and help firms operate more easily in the US.
AnaisRipple is testing its RLUSD stablecoin in Singapore’s MAS BLOOM sandbox to automate cross-border trade payments. The pilot with Unloq aims to replace slow manual processes with programmable payments on the XRP Ledger.
AnaisElon Musk paused X’s creator payment changes after global creators warned it would cut earnings for English-language accounts. The current payment system will stay while X reconsiders the update.
AnaisPump.fun now allows only one post-launch fee change to reduce manipulation. Most users are still losing money, as trading activity and revenue decline.
WeatherlyThe UK will ban crypto political donations and limit overseas donations to £100,000 a year. The changes are expected to hit Reform UK the hardest.
AnaisA jury found Meta and Google liable for harming a teen through app design, awarding $3 million in damages. The case focuses on platform design, not content.
WeatherlyStartale Group raised $63 million in a Series A round, with $50 million from SBI Group and $13 million from Sony Innovation Fund. The funding will be used to scale Strium for tokenized securities, expand yen and dollar stablecoins, and develop Startale’s app into a consumer SuperApp.
AnaisA U.S. court dismissed Michael Lewellen’s lawsuit seeking legal protection for his non-custodial crypto software, Pharos, from money transmitter laws. The judge said Lewellen had not shown a real threat of prosecution, leaving the case open to be filed again in the future.
WeatherlyOpenAI has paused its plans for an adult “erotic” mode in ChatGPT, citing safety concerns and technical challenges with age verification. The company is now focusing on its main products and cutting less critical projects amid growing competition and financial pressure.
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