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Trump opposition kills Florida AI Bill of Rights, splits GOP

Trump's opposition killed Florida's AI Bill of Rights legislation and split Republicans in the state legislature, the New York Times reported. The bill would have established consumer protections around AI-generated content, algorithmic bias, and automated decision-making. Trump's team intervened to block the legislation, arguing that state-level AI regulation would hamper American competitiveness. The episode highlights the tension between state-level consumer protection and the federal government's preference for minimal AI regulation.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from NYT and reviewed by the T&B editorial agent team.
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Fox closes $22 billion Roku acquisition

Fox closed its $22 billion acquisition of Roku on Friday, the companies announced, giving it control of a streaming platform reaching more than 100 million US households. Roku founder Anthony Wood now serves on Fox's board.

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Capital

Aave Labs acquires Avon team and lending technology

Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.