Insider Brief Volley Automation said its robotic parking systems have been selected for two Manhattan condominium developments by Legion Investment Group. The systems will be used at 38 Gramercy Park East and 550 West 21st Street in West Chelsea, both of which are under construction, according to the company. “Legion is demonstrating how innovation can […]
The post Kalshi loses New York court battle as Google bans prediction market extensions appeared on BitcoinEthereumNews.com.
Kalshi has lost another round in court. A federal judge has turned down the company’s request to stop New York from applying its gambling laws to the prediction markets platform. U.S. District Judge Analisa Torres in Manhattan issued the ruling on Tuesday. She said Kalshi was not entitled to a preliminary injunction. She reasoned that the federal Commodity Exchange Act does not override New York’s gambling laws when it comes to Kalshi’s sports-event contracts. Torres said New York has strong reasons for its position. She pointed to the state’s goals of stopping gambling addiction, protecting the integrity of sports, and keeping unregulated contracts from spreading. Those interests, she wrote, “heavily” outweigh Kalshi’s arguments about federal law taking priority, and about customers running into what the company called “intractable” tech problems. “Kalshi has no
The post Manhattan Building At Risk Of Collapse Is ‘Stable,’ Officials Say appeared on BitcoinEthereumNews.com.
Topline A Midtown Manhattan building, which formerly housed Pfizer offices and is being converted into apartments, is “stable,” city officials said late Tuesday as crews continue to work and some nearby streets remain closed to traffic Wednesday morning. The Midtown building formerly housed Pfizer offices. (Photo by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Ahmed Tigani, commissioner of New York’s Department of Buildings, said late Tuesday the building is “stable” and officials “feel confident in the emergency plan we have now,” while adding the neighborhood will remain in a tense situation “for the next couple of days.” As of Wednesday morning, traffic remains restricted on Manhattan’s East 42nd and 43rd Streets between Second and Third Avenues, and five buildings in the area remain partially or fully evacuated, the New York Times reported.
The post Judge denies Kalshi bid to block New York gambling laws appeared on BitcoinEthereumNews.com.
A federal judge in Manhattan refused to shield Kalshi from New York’s gambling laws on Tuesday, deepening a split among US courts over who regulates prediction markets and pushing the fight closer to the Supreme Court. The decision matters because federal appeals courts now disagree on the central legal question, and that kind of divergence is what tends to draw the justices in. Kalshi has already asked the Second Circuit to review the ruling. It was expected that the dispute could ultimately reach the Supreme Court, and each conflicting ruling makes that outcome harder to avoid. What the judge decided US District Judge Analisa Torres, who also presided over the SEC’s case against Ripple, denied Kalshi’s request for a preliminary injunction against the New York State Gaming Commission. The order landed in KalshiEX LLC v. Williams, filed July 7 in the Southern District of New York. At i
Anthropic's expansion in NYC highlights the city's growing importance as an AI hub, potentially boosting local tech talent and innovation.
The post Anthropic plans to lease 16-story Manhattan building, double NYC workforce to 1,000 appeared first on Crypto Briefing.
Anthropic, the artificial intelligence company, plans to lease a 16-story building in Hudson Square and to double its work force in New York City to 1,000 people this year.
A Manhattan judge ordered that Michelle Bond’s criminal trial start in November after he denied a motion to dismiss the indictment based on claims that prosecutors misled her husband over her charges.
Pro- and anti-AI groups spent $24m on a congressional contest in New York, but it’s unclear to what end
US politics live – latest updates
When the Democratic primary for New York’s 12th congressional district was called on Tuesday night, the result capped off one of the most expensive races of its kind in the state’s history. More than $24m poured into the Manhattan contest from tech-backed financial groups as the campaign turned into a battleground for pro- and anti-AI groups to test their influence.
Much of the spending targeted candidate Alex Bores, a member of the state assembly who sponsored an AI safety bill and subsequently became a lightning rod for the tech industry. Pro-AI political action committees (Pacs) put more than $8m into the race to oppose Bores, according to Tech Influence Watch, while industry groups supporting regulation spent more than $16m to counter the attacks.
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