The New York Fed convened an urgent meeting with Wall Street banks this week over the standing repo facility. This comes as short-term borrowing costs are spiking, raising concerns about financial system stability.
Lina Khan maintained her anti-monopoly message while handling dick jokes and serious questions about corporate power. She revealed she doesn’t have Amazon Prime and named healthcare as the industry that “fucks people the most.”
EU lawmakers are pushing a revised Chat Control bill that makes CSAM scanning “voluntary” with dangerous loopholes. Privacy experts call it a political deception that could break encryption and monitor private messages. The fight over digital privacy continues.
Australia’s top spy chief says foreign governments have “elite teams” actively planning cyber-sabotage operations against critical infrastructure. The warning comes after recent telecom outages that contributed to three deaths in Australia.
Denmark is taking the most drastic step yet against social media’s impact on youth. The country will ban access for children under 15 entirely. The big question is how this will actually work in practice.
The Congressional Budget Office has confirmed a security breach that may have exposed internal communications and emails with lawmakers. Foreign hackers are suspected in the intrusion, which security researchers believe exploited outdated Cisco firewalls. The breach occurred just as the federal gove
The European Union has accused Apple of failing to properly protect users from financial scams and inadequate child safety measures. Apple responded with an unusually blunt letter accusing the EU of hypocrisy and creating the very risks it complains about. This marks a significant escalation in tens
Denmark has withdrawn its mandatory chat scanning proposal after months of backlash. The new compromise makes CSAM monitoring voluntary, but includes a “review clause” that could bring mandatory scanning back later. Privacy advocates remain concerned about mass surveillance risks.
European banks are pushing back against the ECB’s digital euro plans, arguing the project duplicates private payment solutions without clear consumer benefits. Lawmakers are also calling for a scaled-down version of the initiative scheduled for 2029 launch.
China’s Commerce Ministry accused the Netherlands of creating “chaos” in semiconductor supply chains by seizing Chinese-owned chipmaker Nexperia. The move has disrupted chip supplies critical to automakers worldwide, though recent talks show signs of easing tensions.
