US markets are gripped by the “AI scare trade,” with investors selling software firms and wealth managers on concern that rapid advances in artificial intelligence will erode established business models.

The Justice Department’s investigation of Netflix Inc.’s proposed $72 billion takeover of Warner Bros. Discovery Inc. includes scrutiny of the streaming giant’s behavior and whether it wields anticompetitive leverage over creators in negotiations for acquiring programming.

NASA is preparing to remove its massive moon rocket from its launchpad to fix a technical issue, delaying the agency’s much-anticipated mission to send a crew of four around the moon.

Chancellor Friedrich Merz’s conservative Christian Democratic Union party called for a ban on the use of social media networks such as Instagram and Tiktok for minors in Germany, a move that risks straining relations with the US digital services industry ahead of a meeting with President Donald Trump next month.

Barry speaks with Hilary Allen, a Professor of Law at the American University Washington College of Law. She teaches courses in Banking Law, Securities Regulation, and Business Associations. They discuss financial stability regulation and new financial technologies including crypto and AI. They also talk about the role of venture capital in Silicon Valley, and why some companies from the dot com era took hold while others failed. (Source: Bloomberg)

Russia said Ukraine can obtain sensitive information from troops using the Telegram app on the front line, signaling tightening scrutiny over a platform used by millions of Russians.

Vietnam said US President Donald Trump told Communist Party chief To Lam he will remove the nation from the US’s list of restrictions on advanced technologies and welcomed Hanoi’s efforts to narrow the trade imbalance between the two countries.

OpenAI flagged and banned the suspect in one of Canada’s worst-ever mass shootings for violating ChatGPT’s usage policy June last year, without referring her to police.