Shirin Ghaffary / Bloomberg:
California State Senator Scott Wiener makes amendments to SB 53, which has transparency requirements for AI companies but omits SB 1047's provision on liability  —  A California lawmaker is making another effort to regulate artificial intelligence in the state after legislation …

MacKenzie Sigalos / CNBC:
US federal prosecutors accuse two US men of operating and promoting OmegaPro, a crypto multi-level marketing scam that allegedly defrauded victims out of $650M+  —  Federal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.

Sebastian Sinclair / Decrypt:
A $242M+ Polymarket bet on whether President Zelenskyy would wear a suit before July 2025 closed as “No” despite claims he did, raising governance concerns  —  Discontent over the market's resolution has reignited scrutiny of UMA's dispute system and the influence of large Polymarket stakeholders.

Stephanie Chalmers / ABC:
Qantas confirms 5.7M customers' personal info was held on the system compromised in a recent cyberattack, including names, emails, addresses, and phone numbers  —  In short:  —  Qantas boss Vanessa Hudson says she does not believe the data targeted in a recent cyber attack have yet been released by cyber criminals.

Financial Times:
Sources: Apple is in talks to acquire US streaming rights for Formula 1 following the success of F1 the Movie, which has grossed ~$300M at the box office  —  iPhone-maker is challenging Disney's ESPN to screen car series  —  Apple is in talks to acquire the US rights to screen Formula 1 …