YouTube embraces payouts in PayPal’s PYUSD stablecoin, Apple’s foldable phone expected to boost Samsung profits, Amazon pulls AI recap video for Fallout S1.
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Show Notes
US President Targets State AI Laws
The US President issued an executive order directing federal agencies to block or challenge state AI regulations, arguing they hinder innovation and impose “ideological bias” on AI models. The order instructs the Department of Justice to form a task force to sue states, citing laws like Colorado’s AI discrimination rules, and threatens to withhold federal funds. Democrats and AI safety groups say the move overreaches executive authority and undermines states’ ability to protect residents from AI harms.
Source: Ars Technica
YouTube Adds Stablecoin Payouts
YouTube now lets U.S.-based creators receive payouts in PayPal’s PYUSD stablecoin, expanding on PayPal’s bulk-payment options. PYUSD, launched in 2023, has a $3.9 billion market cap and $113 million in 24-hour trading. PayPal also supports PYUSD in Venmo and converts crypto payments to PYUSD at checkout for small businesses.
Source: Fortune
Apple Foldable iPhone Expected in 2026
Apple’s first foldable iPhone is expected to launch in fall 2026, opening like a book to reveal a larger internal display similar to an iPad mini. Counterpoint Research projects this will drive a 46% year-over-year increase in foldable panel shipments. Apple has ordered 22 million OLED panels from Samsung, which will supply the displays and see its market share surpass 50%.
Source: MacRumors
Google Translate Adds Real-Time Headphone Translations
Google Translate is rolling out a beta for real-time headphone translations, keeping speakers’ tone and cadence intact. Available now on Android in the U.S., Mexico, and India, it supports over 70 languages and will expand to iOS and more countries in 2026. Advanced Gemini AI will improve context-aware and idiom translations.
Source: TechCrunch
Paramount Makes Hostile Bid for Warner Bros. Discovery
Paramount Skydance launched a $30-per-share all-cash bid for Warner Bros. Discovery, valuing the company at $108.4 billion. Paramount CEO David Ellison is open to raising the offer, citing faster regulatory approval compared with Netflix. The deal would give Netflix and HBO Max about 33% of the U.S. streaming market, prompting presidential involvement in the review.
Source: CNBC
Amazon Pulls AI-Generated Fallout Recap
Amazon removed its AI-generated recap video for Fallout season one after fans flagged multiple factual errors. The video used Prime Video’s AI recap feature and comes shortly after the company also rolled back an AI dubbing experiment for anime following criticism.
Source: The Verge
Reddit Challenges Australia’s Social Media Ban
Reddit filed a lawsuit in Australia’s High Court to block a new law banning social media access for children under 16. Reddit argues the law restricts free political communication for minors. The Australian government vows to defend the ban, claiming the platform prioritizes profits over safety.
Source: Reuters
Oracle Denies Delays in OpenAI Data Centers
Oracle refuted reports of delays in building cloud infrastructure for OpenAI, saying all milestones tied to its contract remain on track. The company did not provide a live date, as OpenAI continues securing mostly nonbinding capacity agreements with partners including Nvidia and Broadcom.
Source: CNBC
HBO Max Launches Curated Channels
HBO Max is introducing always-on curated channels that stream popular shows and franchises like Friends, Game of Thrones, DC, Harry Potter, and The Sopranos. The channels recreate a linear TV experience while allowing viewers to rewind, fast-forward, or skip episodes. Twelve themed channels are available at launch for adult profiles.
Source: The Verge