An equipment outage scrambled flights across the Northeast on Monday, forcing ground stops and delaying travel for hours.
The big picture: The disruption grounded flights into some of the region's busiest airports, including into New York as world leaders gather for the UN General Assembly.
The agentic shopping revolution is already running into a major roadblock: tension over who controls the experience and the related data.
Why it matters: A conflict between Amazon and Meta suggests that AI-powered shopping could become a high-stakes battleground for retailers as a wave of consumer AI assistants promise to simplify every aspect of users' lives.
Paramount Skydance agreed to a highly anticipated settlement with 12 state attorneys general that sued to block its $110 billion acquisition of Warner Bros. Discovery, the company confirmed in a filing Monday.
Why it matters: The settlement clears the path for the creation of one of the biggest TV and movie behemoths in the world and ends what has been one of the most expensive, drawn-out and dramatic merger fights in U.S. history.
Apple customers can now file claims in a massive class-action settlement over Siri's delayed AI rollout.
Why it matters: Apple's struggles to deliver some of the AI features it promoted for its newest iPhones could now mean cash payments for millions of customers.
This time last year, the U.S. and China were locked in a fight over tariffs and critical minerals. Now, the globe's two largest economies are exploring deeper economic ties in some cases and common ground on AI risks.
Why it matters: Xi's visit to Washington this week tests whether the economic thaw that has persisted for the past year has staying power.
The two sides have found more areas of overlapping interests without necessarily resolving the giant disputes that drove them apart in the first place.
The AI-related data center buildout may be fueling overall demand — and inflation — in ways that compel a response by the Federal Reserve, a top official said this morning.
Why it matters: After last week's interest rate hike, it's now an open question how much further the Fed will push rates upward — and the more the AI buildout is viewed as a culprit, the higher rates will need to go to get aggregate demand and supply into balance.
The U.S. has proposed to China a "notification mechanism" for artificial intelligence incidents related to national security, Treasury Secretary Scott Bessent said Sunday.
The big picture: Competition with China has been a central argument against efforts to "pace" AI development. But the proposal shows the world's two leading AI powers are also exploring ways to communicate about potentially dangerous incidents.
Nscale, a London-based AI hyperscaler, on Friday filed for its initial public offering.
Why it maters: This would be the first major AI listing since the safety debate exploded into the mainstream and Anthropic — a major Nscale customer — talked about "pacing the frontier."
State attorneys general have become America's top antitrust cops, believing that federal regulators have become too quick to approve or settle the thorniest of deals.
Not surprisingly, the Trump administration doesn't like that too much.
Google is launching a new line of laptops with a starting price of $899, aiming to rethink the laptop for an AI world where people move constantly between phones and computers.
Why it matters: The tech giant is trying to build a laptop that works as smoothly for premium Android phone users as Apple's MacBook works with the iPhone. The goal is a seamless device ecosystem.
The carbon removal company Vaulted Deep has secured up to $35 million in debt financing from the Italian bank Mediobanca to help expand its U.S. buildout.
Why it matters: This kind of financing has been rare in the carbon removal space to date.
President Trump's announcement this weekend that he's forming an "AI Force," modeled on the Space Force he launched in his first term, caught advisers by surprise, sources said.
Officials and executives inside and outside the administration are now jockeying to be Trump's AI czar, which he said he'll name soon.
The czar will likely be a seasoned surrogate with Silicon Valley ties who can spearhead an AI rebranding effort, the sources said.
