You're tuned in to Tech Beat. Here are the stories shaping your day.
Apple is reportedly in talks to pay publishers nine figures for the right to feed current news directly into Siri. The move signals that Apple sees real-time, sourced information as essential to competing in the AI assistant space, and that publishers, burned before, may finally have some leverage.
On the regulatory front, the UK's Financial Conduct Authority and crypto exchange HTX are in settlement talks over illegal promotions targeting British users. What makes this one stand out is the detail: an FCA employee apparently purchased crypto from a UK IP address using a driving license as identification, forming part of the regulator's own case.
And in the world of prediction markets, Kalshi is reportedly in talks with Sequoia and Wellington for a seven hundred fifty million dollar fundraise at a forty billion dollar valuation. That would nearly double the twenty two billion dollar figure it commanded just months ago in May, a sign that appetite for regulated prediction platforms remains remarkably strong.
Keep surfing. Tech Beat out.
