The Hill - Policy Technology

NEW YORK (AP) — When SpaceX makes its debut on the U.S. stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever. Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to...

Kalshi plans to require users in certain markets to share information about their employers in its latest push to crack down on insider trading. The prediction market announced Tuesday that it has created a system to score markets based on the risk of insider trading and manipulation. Those with certain scores will require employment verification....

A new Reuters/Ipsos poll found that more than half of respondents fear that they or someone in their household will lose their job because of artificial intelligence (AI). Fifty-three percent of the 4,531 respondents to the survey, conducted from June 3 through 8, were concerned that AI would have that effect, while 37 percent of...

The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures Trading Commission's (CFTC) proposal aims to specify what events the agency considers to be “contrary to the public interest” and would not be eligible for listing...

LOS ANGELES (AP) — Hollywood directors on Tuesday reached a four-year tentative contract agreement with studios and streaming services. The deal struck between the Directors Guild of America and the Alliance of Motion Picture and Television Producers came four weeks after talks began. The talks were the first under new DGA President Christopher Nolan, who...