Judge approves Musk's $1.5M SEC settlement despite personal reservations

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A federal judge has approved Elon Musk's $1.5 million settlement with the U.S. Securities and Exchange Commission, despite expressing personal reservations about the deal. The case centered on how Musk disclosed his increasing ownership stake in Twitter, the social media platform now rebranded as X. The settlement brings a formal close to a prolonged legal dispute between Musk and the SEC over the matter. Regulatory rules require timely and accurate disclosure when an investor acquires a significant stake in a publicly traded company.

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San Francisco median home price hits record $1.7m amid AI industry boom

San Francisco home prices have reached a record high, with the median cost of a property now standing at $1.7 million. The surge is being driven in part by highly paid workers in the artificial intelligence sector, who have significantly increased demand for housing in the city. The influx of wealthy tech professionals has pushed prices beyond previous records, making the city one of the most expensive housing markets in the United States. The latest figures highlight growing concerns about affordability for residents who do not work in the booming AI industry.

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TechnologyTechCrunch ·

Lovable in talks to raise $300M, doubling valuation to $13.2B

AI startup Lovable is reportedly in discussions to close a $300 million funding round, according to Sifted. The deal is expected to be led by Menlo Ventures. If completed, the round would double Lovable's valuation to approximately $13.2 billion. The development signals continued strong investor appetite for AI-driven development tools.

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TechnologyThe Verge ·

Meta developing always-on smart glasses that record audio and photos continuously

Meta is reportedly developing prototype smart glasses capable of continuously recording audio and capturing photos every few seconds, according to the Financial Times. The device would integrate with Meta AI, allowing wearers to query the collected audio and images. In one proposed design, raw footage and audio would not be stored by Meta or made directly accessible to users. Instead, only metadata derived from the recordings would be retained and processed. The project positions Meta among companies exploring always-on AI wearables.

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TechnologyTechCrunch ·

NHTSA Orders AV Companies to Stop Blocking Emergency Responders

The National Highway Traffic Safety Administration (NHTSA) has issued a directive requiring autonomous vehicle companies to cease interfering with first responders at emergency scenes. The federal agency made clear that encounters with emergency personnel should not be treated as rare or exceptional scenarios by AV systems. NHTSA's stance signals growing regulatory pressure on the autonomous vehicle industry to better handle real-world safety situations. The move reflects broader concerns about how self-driving technology responds when police, firefighters, or paramedics are present on the road.

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