The EU Fines Google $1 Billion for Prioritizing Its Own Services in Search
The European Commission claims that Google boosted its own apps and products to the top of search rankings to the detriment of its competitors.
Category: Business / Regulation
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Taylor Farms Spent Big on MAGA and Anti-Regulatory Lobbying Before Diarrhea Outbreak
The company donated more than $3.6 million to conservative groups between 2020 and 2025, including $1 million to the MAGA Inc. super PAC.
The FDA Says It Didn’t Apologize to Supplier Linked to Diarrhea Outbreak, Actually
The agency stressed that the July 17 voluntary recall from Taylor Farms still stands. The supplier has been linked to the ongoing cyclospora outbreak.
Google Security Engineer Arrested in Million-Dollar Polymarket Trading Scheme
According to federal prosecutors, Michele Spagnuolo made more than $1 million on the prediction market platform using confidential information about Google Search traffic.
US Special Forces Soldier Arrested for Polymarket Bets on Maduro Raid
The master sergeant allegedly used classified intel to profit on the capture of Venezuelan president Nicolás Maduro, marking the first US arrest for insider trading on a prediction market.
US Senate Candidate Caught Insider Trading on Kalshi Says He Did It on Purpose
Mark Moran, an underdog Senate candidate from Virginia, claims he wanted to get caught violating the prediction market platform’s rules.
New York Bans Government Employees from Insider Trading on Prediction Markets
A new executive order seen by WIRED prohibits New York state employees from using insider knowledge to enrich themselves with prediction market bets.
Europe’s Online Age Verification App Is Here
Available for free to any company that wants to use it, the “completely anonymous” app puts the pressure on porn sites and social media platforms to start blocking access by minors.
‘A Rigged and Dangerous Product’: The Wildest Week for Prediction Markets Yet
As the prediction market boom continues, backlash is growing, too, with Arizona filing criminal charges against Kalshi and public outcry after Polymarket traders threatened a journalist.
Senators Urge Top Regulator to Stay Out of Prediction Market Lawsuits
As prediction market platforms like Polymarket and Kalshi battle regulators in court, Senate Democrats are urging the CFTC to avoid weighing in, escalating a broader fight over the burgeoning industry.