If you opened TikTok recently, you probably saw some weird stuff happening. Maybe you couldn’t post a new video. Maybe the app asked for your precise location. Maybe you weren’t seeing as much stuff about ICE or the Trump administration’s latest assault on the global world order. If the latter is the case, you weren’t […]

Jiahui Huang / Wall Street Journal:
Alibaba's Cainiao logistics unit merges with Chinese robovan company Zelos, creating a business sources say valued at ~$2B with a fleet set to hit 20K+ vehicles  —  The Zelos-Cainiao robovan fleet is set to top 20,000 vehicles  —  Alibaba's logistics arm is merging its autonomous-driving unit …

Sam Reynolds / CoinDesk:
The US SEC clarifies its tokenized stock rules, saying they are subject to securities and derivatives rules and issuer approval is required for true ownership  —  The agency says issuer approval is required for true tokenized ownership, warning that many stock tokens sold to retail investors provide only indirect or synthetic exposure.

Financial Times:
Tesla plans to scrap its premium S and X models and convert its California factory into an Optimus manufacturing hub, as Elon Musk refocuses on robotics and AI  —  Elon Musk's electric-car maker invests $2bn in the billionaire's xAI  —  Tesla plans to scrap two models and invest $2bn in Elon Musk's xAI …

“I definitely want to have kids,” Branden Estrada, an 18-year-old college freshman, told me. “I had such a good family life that I’ve always thought about what it’s going to be like for me to have kids of my own.” Estrada is excited to share his favorite Transformers and Spider-Man movies with his kids, and […]