Anthropic Follows OpenAI, Offers Claude to All Branches of U.S. Government for $1

Artificial intelligence start-up Anthropic announced Tuesday is will offer Claude for Enterprise and Claude for Government to all three branches of the U.S. government for $1 per agency for one year, following rival OpenAI's similar decision last week to offer ChatGPT Enterprise to U.S. federal agencies for $1 through the end of the year. Anthropic is notably extending beyond the executive branch -- which is the only branch OpenAI is offering the discount to -- to include the legislative and judiciary branches. “We believe the U.S. public sector should have access to the most advanced AI capabilities to tackle complex challenges, from scientific research to constituent services,” Anthropic said in a statement. “By combining broad accessibility with uncompromising security standards, we’re helping ensure AI serves the public interest.” OpenAI, Anthropic, and Google DeepMind (NASDAQ: GOOG) (NASDAQ: GOOGL) have each been added to the U.S. General Services Administration's list of approved AI providers for federal agencies.

ESPN, Fox to Bundle Network Streaming Services for $39.99 a Month

Disney's (NYSE: DIS) ESPN and Fox Corp (NASDAQ: FOXA) announced Monday the two sports entertainment giants combine their services into a direct-to-consumer streaming bundle starting Oct. 2 for $39.99 per month. The move comes as both companies plan to offer new streaming services, ESPN and Fox One, later this month on Aug. 21 ahead of the start of popular college football and NFL seasons, with subscriptions priced at $29.99 and $19.99 per month, respectively. As standalone services, EPSN streaming platform includes the network's live sports, as well as fantasy and sportsbetting products and other studio programing and documentaries. Fox One, meanwhile, offers all of the networks news and entertainment products, but will not host any exclusive or original content. Fox's direct-to-consumer venture, according to the company's recent earnings call with CEO Lachlan Murdoch, is designed with bundling with other services in mind.

Tesla Secures Texas Ride-Hailing Service Permit

Texas has granted a rideshare license to Tesla (NASDAQ: TSLA) under new state autonomous vehicle regulations, allowing the company's robotaxis to operate alongside Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT). Tesla Robotaxi LLC is now listed as a transportation network company with the Texas Department of Licensing and Regulation, Bloomberg reports, complying with the new law -- which adds permits, oversight and requirements for driverless vehicles, including mandatory use of cameras and insurance -- taking effect on Sept. 1. The electric vehicle company has been offering ride-hailing services for invited passengers in Austin, Texas since June, using Model Y vehicles equipped with Tesla's automated driving systems operating alongside a human safety supervisor behind the wheel.

OpenAI to Offer U.S. Government ChatGPT Enterprise for $1

OpenAI announced Wednesday it will offer its ChatGPT Enterprise product to the United States government for $1 through next year, deepening its use by federal agencies ahead of the opening of its first Washington D.C. office early next year. The artificial intelligence start-up has partnered with the U.S. General Services Administration to launch the "essentially no cost" initiative, offering government employees access to its frontier model and other advanced features. OpenAI had previous launched OpenAI for Government back in June and was awarded a contract of up to $200 million by the U.S. Department of Defense. "We believe public servants should help shape how AI is used," the company wrote in a blog post. "The best way to do that is to put best-in-class AI tools in their hands -- with strong guardrails, high transparency, and deep respect for their public mission."

Roku Launches Commercial-Free Streaming Service 'Howdy' for $2.99 a Month

Roku (NASDAQ: ROKU) announced Tuesday its launch of a new commercial-free streaming service called Howdy. The service, offered at $2.99 a month, is a departure from Roku's standard model of hosting free, ad-supported content on its platform. Howdy is expected to feature 10,000 hours of movie and TV content from entertainment brands such as Warner Bros. Discovery (NASDAQ: WBD), Lionsgate (NASDAQ: LION) and FilmRise, as well as its own exclusive Roku Originals content. “Priced at less than a cup of coffee, Howdy is ad-free and designed to complement, not compete with, premium services,” CEO Anthony Wood said in the release. Roku Channel will remain free, with Howdy being initially offered on the Roku Platform starting Tuesday, before a later roll out on mobile and other platforms, the company said.

Rivain Sues Ohio Motor Vehicles to Allow Direct-to-Consumer Sales in State

Rivian (NASDAQ: RIVN) sued the register of Ohio's Bureau of Motor Vehicles on Monday in federal court, claiming that the state's blocking of direct sales harms consumers. The electric vehicle company currently offers direct-to-consumer sales in 25 states and Washington D.C. "Ohio's prohibition of Rivian's direct-sales-only business model is irrational in the extreme: it reduces competition, decreases consumer choice, and drives up consumer costs and inconvenience -- all of which harm consumers -- with literally no countervailing benefit," the company's legal council wrote in a complaint. Through the lawsuit, Rivian is asking the court to allow it to apply for a dealership license to sell directly to Ohioans -- currently state residents have to buy Rivian vehicles from locations in other states and have them shipped to service centers in Ohio.

Ford CEO Jim Farley Says Automaker's Upcoming EV Event is 'Model T Moment'

Ford Motor (NYSE: F) CEO Jim Farley told analysts during the automaker's earnings call late Wednesday that the company is headed towards a "Model T moment" in regards to its upcoming low-cost electric vehicles set to be unveiled at an event in Kentucky on Aug. 11. This new "breakthrough electric vehicle" is Ford's "chance to bring a new family of vehicles to the world that offer incredible technology, efficiency, space and features," Farley said. The announcement comes as Ford reinstated its full-year guidance following its better-than-expected second-quarter earnings results on Wednesday. That outlook includes a $3 billion revenue hit from President Donald Trump's 25% tariffs on imported vehicles and many auto parts, but Ford expects to offset $1 billion of that total through a series of cost mitigation efforts. Rival General Motors (NYSE: GM) said last week its expects $4 billion to $5 billion in tariff impacts this year.

Trump Signs Executive Order Ending 'De Minimis' Tariff Exemption

President Donald Trump on Wednesday signed an executive order ending the "de minimis" tariff exemption for shipments of imported goods into the United States worth $800 or less, effective Aug. 29. International goods shipped to the U.S. will now face one of two tariffs: an "ad valorem duty" equal to the effective tariff rate imposed under the International Emergency Economic Powers Act (IEEPA) of its country of origin, or a "specific duty" of $80 ro $200 depending on the country of origin's tariff rate for six months. After six months, all shipments will be subject to the "ad valorem duty," according to the White House. "Trump is acting more quickly to suspend the de minimis exemption than the [One Big Beautiful Bill Act] requires, to deal with national emergencies and save American lives and businesses now," the White House said in a fact sheet. The suspension was already in place for shipments from China, impacting retailers like Shein and PDD Holdings (NASDAQ: PDD) Temu.

OpenAI Introduces 'Study Mode' for Students Using ChatGPT

OpenAI announced a new "study mode" for its blockbuster ChatGPT chatbot on Tuesday, designed to help students work through problems instead of just providing an answer to a prompt. "Instead of doing the work for them, study mode encourages students to think critically about their learning," said Robbie Torney, senior directors of AI programs at Common Sense Media, in a statement. "Even in the AI era, the best learning still happens when students are excited about and actively engaging with the lesson material." According to OpenAI, one-third of college-age people use ChatGPT, so study mode was created with that demographic in mind -- providing guiding questions instead of direct answers to homework problems, test prep and new subject material. The company said the new feature was also made in collaboration with teachers, scientists, education experts and students who participated in its ChatGPT Lab.

Warner Bros. Discovery to Split into 'Warner Bros.' and 'Discovery Global' in 2026

Warner Bros. Discovery (NASDAQ: WBD) announced the corporate names and leaders its two future businesses on Monday ahead of its planned split in 2026. The entertainment giant's streaming and studios unit will be called "Warner Bros.," housing its movie properties and streaming platform HBO Max, with CEO David Zaslav remaining as its chief executive. Its global networks business will be named "Discovery Global," and will include its networks CNN, TNT Sports, Discovery, the Discovery+ streaming platform and Bleacher Report sports news, and will be lead by CFO Gunnar Wiedenfels. "Over the past several years, we have made important strides across the business, launching and investing in a profitable, global streaming service and reinvigorating our studios to return them again to an industry leading position," Zaslav said in a statement. The split will create two publicly traded businesses.

Meta Platforms to Stop Political Advertisements in European Union Starting in October

Meta Platforms (NASDAQ: META) announced Friday it will stop selling and displaying political ads in the European Union from October in response the the European Commission's upcoming law on political advertising. The regulation, called the Transparency and Targeting of Political Advertising (TTPA) requires companies selling ads to label political advertisements and show information about their sponsor, the election or referendum they are targeting, and the ad's cost, among other rules. The TTPA also requires all data collected to serve political ads to only be used if the user givers their consent, and bans the use of certain personal data (race, ethnic origin, political opinions, etc.) for advertisement profiling. In the blog post, Meta said the legislation creates "significant, additional obligations to our processes and systems that create an untenable level of complexity and legal uncertainty for advertiers and platforms operating in the E.U."

Microsoft Names Three China-Backed Hacking Groups Tied to SharePoint Zero-Day

Microsoft's (NASDAQ: MSFT) Security Response Center said Tuesday they have evidence multiple Chinese hacking groups are using a zero-day bug in Microsoft's SharePoint to gain access to the internal documents of corporate and government organizations. The bug called CVE-2025-53770 was discovered last weekend and was used by at least two China-backed hackers Microsoft called "Linen Typhoon" and "Violet Typhoon" to target internet-facing SharePoint servicers, according to a company blog post. Microsoft also named a third Chinese hacking group it named "Storm-2603" that has been linked to past ransomware attacks. According to Microsoft, the three groups were observed exploiting the vulnerability as far back as July 7. The Washington Post reported on Sunday that the attack targeted both U.S. federal and state agencies, as well as universities, energy companies, and other commercial businesses.

OpenAI's ChatGPT Answers 2.5 Billion Daily Prompts, Axios Reports

OpenAI's ChatGPT responds to more than 2.5 billion requests per day, according to a report from Axios, with over 330 million of those prompts coming from users in the United States. At those numbers, ChatGPT is expected to answer over 9 billion prompts each year. The platform's rapid growth, with its user base climbing from 300 million reported last December to more than 500 million in March, is expected to impact Alphabet's (NASDAQ: GOOG) (NASDAQ) search engine dominance -- Google estimated back in March that it answers more than 5 trillion annual searches according to its internal analytics. Alphabet, which is slated to report its second-quarter earnings this week, is expected to show "stable" ad spend growth throughout the quarter, according to Bank of America analyst Justin Post in a Friday note, adding that the firm sees the trend as "a positive given fears on growing AI competition."

Meta Platforms Declines to Sign E.U.'s AI Code of Practice

Meta Platforms (NASDAQ: META) has declined to sign the European Union's artificial intelligence code of practice, Joel Kaplan, the social media giant's head of global affairs, said Friday, responding to the European Commission's final legal framework for general purpose AI models. "Europe is heading down the wrong path on AI," Kaplan wrote in a LinkedIn post on Friday. "This code introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act," referring to the regulatory framework passed by European lawmakers last year. Meta's concerns are joined by companies ASML Holdings (NASDAQ: ASML), Airbus SE (OTC: EADSY) and Mistral AI, with Kaplan calling the code an "overreach" that will "throttle the development and deployment of frontier AI models in Europe, and stute European companies looking to build businesses on top of them."

United Airlines Updates 2025 Guidance on Bets for Higher Travel Demand

United Airlines (NASDAQ: UAL) updated its 2025 guidance on Wednesday after delivering strong second-quarter earnings as the airline expects travel demand, especially domestic, to increase in the back end of the year. "The world is less uncertain today than it was during the first six months of 2025 and that gives us confidence about a strong finish to the year," CEO Scott Kirby said in a statement. United now expects full-year adjusted earnings of between $9 and $11 per share -- the company had previously issued two scenarios in April: a $11.50 to $13.50 a share range for a stable macroeconomic environment and between $7 and $9 adjusted earnings a share in a "recessionary environment." Rival Delta Air Lines (NYSE: DAL) reinstated its full-year guidance last week on similar expected consumer trends.