Apple warns of more feature delays in Europe

Apple says it’s having to delay bringing some product features to Europe because it’s struggling to make them compliant with the EU’s Digital Markets Act (DMA). In a statement published on Wednesday, Apple said that DMA rules have created “more complexity and more risks for our EU users,” blaming the obligation to open Apple features…

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Vitalik Buterin Backs ETH Treasury Firms But Warns Of Risks

Ethereum co-founder Vitalik Buterin has thrown support behind so-called Ether treasury companies, but warned the trend could spiral into an “overleveraged game” if not handled responsibly. In an interview with the Bankless podcast released on Thursday, Buterin said the growing number of public companies buying and holding Ether (ETH) was valuable as they expose the…

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Study warns of ‘significant risks’ in using AI therapy chatbots

Therapy chatbots powered by large language models may stigmatize users with mental health conditions and otherwise respond inappropriately or even dangerously, according to researchers at Stanford University. While recent coverage in The New York Times and elsewhere has highlighted the role that ChatGPT may play in reinforcing delusional or conspiratorial thinking, a new paper titled…

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Lawyers could face ‘severe’ penalties for fake AI-generated citations, UK court warns

The High Court of England and Wales says lawyers need to take stronger steps to prevent the misuse of artificial intelligence in their work. In a ruling tying together two recent cases, Judge Victoria Sharp wrote that generative AI tools like ChatGPT “are not capable of conducting reliable legal research.” “Such tools can produce apparently…

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Italy finance minister warns US stablecoins pose bigger threat than tariffs

Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins…

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California AI bill SB 1047 aims to prevent AI disasters, but Silicon Valley warns it will cause one

Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can read about them here. Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However, some lawmakers want to implement safeguards before bad actors make that dystopian…

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