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Tech Today: Major Deals, AI Security Initiatives, and Regulatory Flashpoints

A roundup of the day's top tech stories, including a blockbuster acquisition, new AI security efforts, and ongoing debates over AI regulation. SpaceX is officially buying Cursor for $60 billion SpaceX has officially announced its $60 billion acquisition of Cursor, an AI-powered coding assistant. The move is intended

Pension Fund Alleges Microsoft Misled Investors on AI Growth

A pension fund has filed a lawsuit alleging that Microsoft misled investors about the company's artificial intelligence business growth, according to a report from The Seattle Times. The legal action claims that Microsoft made misleading statements to investors about its AI capabilities and growth trajectory. This lawsuit adds

Commerce Department Threatened Anthropic With Criminal Charges Over AI Models

The US Commerce Department has reportedly threatened Anthropic with criminal charges concerning the company's AI models, according to reports. The action underscores the growing regulatory attention being paid to artificial intelligence companies and their development practices. The Commerce Department, through its various agencies, has been increasingly focused on

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Webb Telescope Captures First 'Bulge Fossil Fragment'

The Webb telescope has captured its first "bulge fossil fragment," according to Engadget. The finding is described as a step toward better understanding how galaxies form. Sources * Engadget

Elon Musk's Space Empire Crosses the Trillion-Dollar Milestone

Elon Musk's space empire has reached a significant financial milestone, with his overall fortune crossing the trillion-dollar threshold. The achievement underscores how SpaceX, his aerospace manufacturer and spaceflight company, has become a central driver of his wealth alongside his electric vehicle company Tesla. This milestone places Musk among

Anthropic Pauses Controversial Claude Agent SDK Billing Change

Anthropic has announced a pause on a planned token-based billing change for its Claude Agent SDK that was set to take effect on Monday. The update would have substantially increased costs for developers and power users of the platform. The company made the decision to halt the rollout after encountering

FBI Report Highlights Rising Threat of AI-Generated Scams

Overview The Federal Bureau of Investigation has published a report warning about the escalating threat posed by AI-generated scams. The findings indicate that cybercriminals are increasingly leveraging artificial intelligence tools to create more convincing and sophisticated fraudulent schemes. Key Concerns AI-generated scams represent a significant evolution in cybercrime. These attacks