The update builds on Walletโs existing option for minors to add a credit card to a parentโs Google account, which can then be supervised via Family Link parental controls. In addition to allowing kids and teens under the age of 18 to receive money, Google is rolling out scheduled automated payments.
Parents can also now set daily spending limits and oversee their account activity through transaction history or push notifications. Guardians can lock or unlock the balance remotely.
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"Both Tesla & SpaceX will need far more chips than current & future global production can supply.
This is why we're building the largest chip manufacturing facility ever, with the goal of producing over 1 terawatt of compute per year," โ Tesla wrote on X.
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The AI Tax and Work Protection Act, championed by Reps. Greg Casar (Texas), Valerie Foushee (N.C.) and Sara Jacobs (Calif.), would tax AI companies and use the proceeds to fund a jobs program, which is dubbed the Work Protection Administration, aimed at offsetting AIโs impact on workers.
Leading AI companies would pay a tax on either the price of the tokens they sell or the revenue they generate selling their products, depending on which value is higher. The tax would also be increased if the unemployment rate rises.
โRight now, the federal government is doing nothing to protect workers from the threat of AI mass unemployment,โ โ Casar said. โOur bill would protect American workers by making big AI companies pay their fair share.โ
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"One of the things that we know, and one of the beauties of being part of the Stellar Foundation is that Stellar was built for financial services, and we do financial services on financial services only. So we understand that you need to love your regulator," โ Josรฉ Fernรกndez da Pont, President & Chief Growth Officer, SDF.
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Individuals and small businesses receiving money from family, friends or businesses abroad will get a faster, clearer experience as Bank of America and J.P. Morgan go live with a new initiative from Swift, the organisation behind the global network that connects more than 11,500 financial institutions in over 200 countries and territories.
โWeโre proud to be working with Swift to help set a new standard for international retail payments. By improving speed and predictability in cross-border payments, this initiative gives consumers clearer visibility into when funds will arrive and what the costs will be.
Itโs an important step toward more consistent, transparent cross-border retail payments, and we look forward to supporting broader adoption as more banks and payment corridors join the network," โ said Andrew Smith-Plenderleith, Global Head of High Value Payments at J.P. Morgan Payments.
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For the first time, scientists have used AI to create new kinds of viruses, raising hopes for medical advances while also raising the disturbing possibility that the technology could someday be used to invent dangerous pathogens.
The researchers followed those recipes to create DNA molecules, which they inserted into bacteria. The modified bacteria then produced viruses never seen in nature. The viruses were able to infect other bacteria, demonstrating that they were viable.
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The U.S. Senate will not vote on the crypto market structure bill before it breaks for the rest of the month, as Senators from both parties had major unresolved issues on the legislation. The Senate will return to D.C. on Sept. 14, 2026, and will have three weeks to work on this and other outstanding issues then.
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Meta's Muse Spark 1.1 model breached an unidentified company and made changes to its internal systems. The model reached the public internet because of an error in the configuration of a sandbox testing environment operated with independent cybersecurity evaluation company Irregular.
"The โincident โ was the exact same evaluation-environment issue that was already disclosed by Anthropic last week" and did not involve a "sandbox escape or a sophisticated cyber action," โ Irregular said.
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Apptio, an IBM company, announced the public preview of IBM Apptio AI Value & ROI, a new set of capabilities developed to give technology and finance executives, AI governance teams and business leaders a single view of AI spending, including token costs, and its connection to measurable business results.
IBM Apptio AI Value & ROI centralizes AI initiatives and tracks metrics across revenue, cost, speed, productivity and risk, connecting AI investments to measurable business outcomes. IBM Cloudability provides visibility and attribution of token spend, while IBM Apptio AI Value & ROI connects that spend to business outcomes, helping enterprises measure the business value of each AI initiative.
โWith Apptio, clients can address waste โ with one client seeing a 50% reduction in costs, allowing them to unlock funding for new AI initiatives that accelerate innovation,โ โ said Bill Lobig, vice president, IBM Apptio
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We don't want to see China take over crypto. I don't want to see China win with AI. AI and crypto.
Crypto is a big deal. I mean I see it more and more where people are paying with Bitcoin and you know they don't even know about cash anymore. That takes a lot of pressure off our dollar. It's a good thing for our country.
But if China took over crypto, which they would love to do, or if China took over AI, which they would really... So, we are leading with AI on China. Nobody thought that was possible.
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Moonshot AI's Kimi K3 left the sandbox it was being tested in and went onto the open internet to find answers to problems it had been set.
The model was being assessed on defensive cybersecurity skills and was expressly tasked with solving problems without looking them up. It did not attempt the task at all. Instead it probed the network, established that DNS resolution for github.com was working, cloned the official benchmark repository and read the solution off the disk.
"We found a leak in the sandbox," โ CEO Yaron Singer said. "But we also found that Kimi took advantage of that loophole."
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Forwarded from โจQuantum Stellar Initiative (QSI)โจ (Mcx Marttin)
President Putin has confirmed a new payment infrastructure with BRICS using blockchain at the International Economic Forum ๐ท๐บ He stated:
โAny country can at any moment be deprived of access to its legitimate assets, which are placed in dollars or euros, as well as to Western financial payment infrastructure. The Western Financial System is clearly out of date and the monopoly will no longer continue as we plan to use international payments using advanced blockchain solutions.โ
โก๏ธ โThe Unitโ is in an advanced pilot stage and works as a settlement token backed by a basket of assets (roughly 40% gold and 60% BRICS currencies), issued on a blockchain platform for pricing and mutual settlements. โThe Unitโ wonโt fluctuate sharply on the market because its value is determined by the underlying assets. It will serve as an anchor of stability among BRICS countries ๐ท๐บ
Global trade could shift to โ The Unitsโ over dollars or yuan๐ณ with every transaction publicly traceable on the blockchain, they remain free from central bank manipulation.
President Putin also said: โthe USD is used as weapon and so counter-weapons need to be builtโ๐ท๐บ
The Law on Digital Currencies and Digital Rights takes effect on 1st September 2026. What it does:
๐คฉ Recognizes digital currency as property.
๐คฉ Creates a licensed exchange market supervised by the Central Bank.
๐คฉ Sets up digital depositories to record who owns what.
๐คฉ Regulates mining, custody and digital financial assets.
Official site๐ณ http://publication.pravo.gov.ru/document/0001202608040007
โAny country can at any moment be deprived of access to its legitimate assets, which are placed in dollars or euros, as well as to Western financial payment infrastructure. The Western Financial System is clearly out of date and the monopoly will no longer continue as we plan to use international payments using advanced blockchain solutions.โ
Global trade could shift to โ The Unitsโ over dollars or yuan
President Putin also said: โthe USD is used as weapon and so counter-weapons need to be builtโ
The Law on Digital Currencies and Digital Rights takes effect on 1st September 2026. What it does:
Official site
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The US Senate passed a sweeping new Russia sanctions bill authorizing punishing tariffs of up to 100% on imports from China, India and other top buyers of the countryโs oil and gas as well as extended Iran sanctions.
The legislation, which had been championed by the late Senator Lindsey Graham, received bipartisan support, ultimately passing on an 86 to 11 vote. The bill now heads to the House, which returns after the August recess.
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Spanish flag carrier Iberia plans to broadcast the eclipse live from the sky via its social media channels, since the A321XLR that will perform the mission is one of the airlineโs first aircraft to be equipped with satellite-based Starlink. This will be the first total solar eclipse to be visible from the Iberian Peninsula since 1912.
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President Donald Trump touted $3 billion in US investments in critical minerals mining at a meeting Friday with top industry executives aimed at weaning the US off supply chains dominated by China.
Trump said the projects would โcreate thousands of jobs and promote our economic stability and security,โ at an event at the State Department. โWeโre putting our miners back to work, and weโre reclaiming Americaโs rightful place as the minerals superpower of the world,โ he added.
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"We will discuss expanding economic ties between our countries, relations with the European Union, other areas that can benefit our nations, and security issues," โ Zelensky said.
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US lawmakers from both parties are seeking to boost federal funding for quantum computing as China and other countries race to transition from research to deployment of the nascent technology across defense, intelligence and cybersecurity.
The House later this year is expected to debate defense funding legislation that would increase annual military spending on quantum development and application by 68% to $567 million. A similar effort is underway in the Senate to fund the nascent technology, which researchers believe could provide a range of new capabilities in everything from drug discovery to computing encryption standards.
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XRP Ledger version 3.3.0 is now available, introducing one of the biggest software upgrades in the networkโs history. Meanwhile, this XRPL upgrade focused on improving privacy, transaction efficiency, and institutional adoption
The XRP Ledger (XRPL) has released version 3.3.0, introducing six major protocol upgrades that validators will review before they can go live on the XRP Ledger.
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