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Investors File Fraud Lawsuit Against Selena Gomez Over Mental Health Startup

A group of investors is suing Selena Gomez, alleging fraud tied to her mental health startup. The lawsuit claims investors were misled about the company's performance and prospects. The case highlights legal risks for celebrity-backed ventures.

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Hundreds of ordinary AI apps conceal sexually abusive deepfake tools

A Wired investigation found hundreds of seemingly mundane AI apps hiding features for creating sexually abusive deepfakes, including nonconsensual intimate imagery. The finding matters because these tools can enable abuse and harassment while evading app-store and platform moderation.

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China Issues First Frontier AI Export Controls via MOFCOM Announcement No. 48

China’s Ministry of Commerce issued Announcement No. 48, described as the country’s first frontier AI export controls. The move could affect global AI technology supply chains and trade, marking a significant shift in China’s export-control policy.

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Northwood Space raises $375M Series C at $2B valuation

Northwood Space has raised $375 million in a Series C round from a16z and DFJ Growth, valuing the company at $2 billion. The funding gives the space startup substantial capital to scale and signals continued investor interest in space technology.

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SpaceX could buy Boost Mobile as part of mobile carrier plans

SpaceX is reportedly considering acquiring Boost Mobile as part of broader ambitions to become a mobile carrier. The move would link Starlink’s satellite network to a US wireless brand and could affect competition in the mobile market. The potential deal is not confirmed.

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Poundland's former owner offers to invest as UK minister prepares to meet board

Poundland's former owner has offered to put money into the struggling UK discount retailer, according to BBC Business. The move comes as a government minister prepares to meet the company's board amid concerns over the chain's finances. The talks matter because Poundland employs thousands of staff across hundreds of UK stores.

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