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Kalshi Challenges Illinois Sports Betting Tax as Prediction Market Jurisdiction Fight Escalates
AppWizard
July 1, 2026

Kalshi Challenges Illinois Sports Betting Tax as Prediction Market Jurisdiction Fight Escalates

Kalshi has filed a federal lawsuit against the state of Illinois, challenging a law that imposes taxes and licensing requirements on sports-related trades in prediction markets. The lawsuit questions whether contracts traded on Kalshi's federally regulated exchange are classified as sports bets under state laws or as financial derivatives overseen by the Commodity Futures Trading Commission (CFTC). Illinois law categorizes prediction market operators as sports wagering businesses, imposing a 1.75% tax on the first five million sports wagers annually, increasing to 3.5% for wagers above that threshold, along with a costly licensing requirement. Kalshi argues that these state requirements are preempted by federal law and contends that its offerings are financial instruments, not traditional wagers. The dispute reflects a broader conflict between federal and state regulators regarding jurisdiction over prediction markets, with the CFTC previously filing a lawsuit against Illinois over similar regulatory issues. The outcome of this legal battle could have implications for the regulation of prediction contracts related to various events beyond sports.
Microsoft Shares Bounce From 52-Week Low as Italian Probe and Windows 10 Extension Create Crosscurre
Winsage
June 28, 2026

Microsoft Shares Bounce From 52-Week Low as Italian Probe and Windows 10 Extension Create Crosscurre

The Italian antitrust authority, AGCM, has launched an investigation into Microsoft 365 for allegedly guiding users toward pricier subscription tiers by integrating AI tools like Copilot and Designer without explicit user consent. Microsoft has stated it will cooperate with the investigation. Last year, Australia’s consumer watchdog made a similar complaint regarding hidden costs related to Copilot during contract renewals. Despite this scrutiny, Microsoft shares rose to €327.90, a 5.71% increase, following a shift in investor sentiment towards AI-software firms. Microsoft also extended its Extended Security Updates (ESU) program for Windows 10 until October 2027, allowing users to delay transitioning to Windows 11, which could hinder hardware sales. The stock remains down nearly 19% year-to-date and is trading below key moving averages. The ongoing regulatory investigation and sluggish Windows upgrade cycle present challenges for Microsoft’s growth.
Mane City Mobile Lands On iOS And Android In 100+ Countries
BetaBeacon
June 23, 2026

Mane City Mobile Lands On iOS And Android In 100+ Countries

Loaded Lions has opened pre-registration for Mane City Mobile, a competitive strategy game that is now available on iOS and Android. The mobile version offers territory building, real-time PvP combat, and marketplace trading, operating on a separate server from the desktop version to ensure fair gameplay. Mane City Mobile is free to play with optional in-game purchases, and players can choose between the Legion and Void factions to build empires and climb ranked leaderboards.
Steam's Latest 100% Rated Free Game Hailed As Perfect Aid To Relax
AppWizard
June 23, 2026

Steam’s Latest 100% Rated Free Game Hailed As Perfect Aid To Relax

Skillwood is a newly released free game on Steam, described as a "relaxing woodcutter simulator" with straightforward mechanics that have earned it a 100% rating from players. Developed by sshulin, the game involves chopping wood, mining stone, and trading with NPCs while managing stamina, which can be replenished by upgrading the campfire or foraging for berries. Players can explore and construct bridges and ladders to access new areas, enhancing resource-gathering. The game is designed for casual play and offers a mental escape, with players able to complete all objectives in approximately 40 minutes. Skillwood is free-to-play, as the developer chose not to implement a pay-to-play model or cosmetic DLC.
silver Android smartphone
Tech Optimizer
June 20, 2026

EDB Reports Growing Adoption of Postgres AI as Enterprises Build Sovereign AI Foundations

EnterpriseDB (EDB) reported increased global adoption of its EDB Postgres AI (EDB PG AI) platform for managing mission-critical workloads. Research by MIT Technology Review Insights found that organizations prioritizing AI and data sovereignty achieve five times the return on investment. The Industrial Bank of Korea (IBK) migrated 15 core systems to EDB PG AI, reducing licensing costs and enhancing operational flexibility. Shinhan EZ Insurance transitioned its core system to the public cloud using EDB PG AI, achieving 24/7 service and scalability for AI workloads. Other companies like MNTN, Euronext FX, and Kyobo Book Centre are also leveraging EDB PG AI for various applications. EDB has received industry recognition, including being named among the most innovative companies in data and awarded for its data management solutions. EDB PG AI integrates transactional, analytical, and AI workloads, providing a secure and scalable platform for enterprises.
Path of Exile 2 director says players exploiting system to become in-game millionaires 'ruined Christmas for me' and joked that he's 'lost all sympathy' for everyone who took advantage of it
AppWizard
June 20, 2026

Path of Exile 2 director says players exploiting system to become in-game millionaires ‘ruined Christmas for me’ and joked that he’s ‘lost all sympathy’ for everyone who took advantage of it

The player trading economy of Path of Exile 2 experienced turmoil due to a new loot-gathering technique that allowed players to quickly accumulate in-game wealth. This led Grinding Gear Games to interrupt their holiday break to address the issue. The introduction of the "temple" feature enabled players to construct dungeons and exploit the system for excessive rewards by locking characters in the campaign and resetting levels. Mark Roberts, co-director of PoE 2, expressed frustration over the need for emergency patches and highlighted ongoing player exploits related to the temple. A patch was released to mitigate a temple strategy that threatened the game's economy. Roberts indicated a lack of sympathy for the temple due to the critical nature of the exploits. Players often aim to accumulate wealth for upgrading builds, but solo self-found mode limits access to rare items. The incident raises questions about future league launches during the holiday season.
silver Android smartphone
Tech Optimizer
June 18, 2026

Companies turn to EnterpriseDB for AI data control

Organizations are increasingly adopting EnterpriseDB's EDB Postgres AI platform due to a rising demand for enhanced control over data in AI systems, particularly in sectors like banking, insurance, retail, and trading. Research from MIT Technology Review Insights indicates that prioritizing AI and data sovereignty significantly predicts success in AI initiatives, with such organizations achieving five times the return on investment. In South Korea, the Industrial Bank of Korea migrated 15 core systems to EDB Postgres AI, citing significant reductions in licensing costs compared to Oracle and improved scalability for future AI services. Shinhan EZ Insurance transitioned its core system to the public cloud using EDB, overcoming challenges related to legacy database licensing and emphasizing the importance of operational stability. Beyond finance, companies like MNTN, Euronext FX, and Kyobo Book Centre have adopted the platform to reduce vendor reliance, manage data workloads, and enhance compliance control. MNTN uses EDB for large-scale analytical processing, Euronext FX has implemented it across four data centers, and Kyobo Book Centre migrated from a costly data warehouse to the EDB solution. A common trend among these deployments is the use of a single Postgres-based platform for transactional processing, analytics, and AI tasks, reflecting an industry initiative to simplify operations and reduce costs. Hensley noted the critical convergence of AI systems with operational data, as AI agents operate against live data in high-volume workflows, highlighting the drawbacks of using separate platforms for transactions and analytics. EnterpriseDB has also received industry accolades for its data management and contributions to the open-source community, reinforcing its market position.
Pokémon Champions Available Now on iOS and Android Devices
BetaBeacon
June 17, 2026

Pokémon Champions Available Now on iOS and Android Devices

The Pokémon Company International has released Pokémon Champions for mobile devices, Nintendo Switch, and Nintendo Switch 2 consoles. Players can participate in a special in-game campaign featuring Raichu until September 2, 2026, to receive Raichu and Mega Stones. The game is designed to be inclusive and accessible to all players, with free downloads and cross-play compatibility.
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