Business Insider

The CFTC is suing Minnesota and Gov. Tim Walz over a ban on prediction markets like Polymarket and Kalshi, set to go into effect in August. https://bit.ly/4uShyQq

Some 48,000 Samsung Electronic workers on track to begin an 18-day strike over on bonuses and profit-sharing demands, feeding into a broader political debate over who should share in the gains from AI. https://bit.ly/4nG990e

"The first three months in Hong Kong were disorienting in ways I hadn't anticipated." https://bit.ly/4dSLlmi

Meta has begun sending layoff emails to roughly 10% of its workforce. The cuts are expected to eliminate around 8,000 roles. https://bit.ly/49EsxVu

"We don't have job losses, but we do have job role reductions in favor of the machines, and that will accelerate as we go forward into AI," the Standard Chartered CEO said in May. https://bit.ly/4vEJQPB

Google CEO Sundar Pichai said Gemini 3.5 Pro will come out next month. Here's a theory why it's delayed. https://bit.ly/496gnog

Google's I/O 2026 reveals AI ambitions as DeepMind CEO Demis Hassabis declares humanity at the 'foothills of the singularity'. Despite impressive launches, coding challenges linger. https://bit.ly/4um27Qz

He works as a researcher at a law firm by day and spends his nights making art.

Act fast, or risk being relegated to the "permanent underclass." That's the latest worry reverberating around the techosphere. It's no secret that AI is creating massive amounts of wealth for some. The startup space is flush with cash, the AI labs are doling out large salaries to retain top talent, and a series of upcoming IPOs could turn average engineers into millionaires many times over. For those early to the AI gold rush, that's joyous. For others, it's a sign of growing class disparity. Menlo Ventures partner Deedy Das described the feeling in his viral X post. Roughly 10,000 people who worked for companies like OpenAI, Anthropic, or Nvidia can now retire, he wrote. The rest making under $500,000 can work "their whole life and never get there." Das referenced the talk of a "permanent underclass" that flies around tech circles. Read more about the viral tweet on Business Insider: https://lnkd.in/g7yS_Fit #vcs #sanfrancisco #wealth

Police said the 70-year-old driver was testing out the truck's Wade Mode setting. He ended up spending the night in jail. https://bit.ly/4uQMZL4