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Hello and welcome to Regulator, the newsletter for Verge subscribers that goes into tech shenanigans that take place in the backrooms of Washington. Really, it sometimes does feel like the online series The Backrooms: a parallel universe with no internal logic, evil corporations lurking in the background, and mind-rending eldritch horrors around every corner. (Not a subscriber yet? Sign up here today. Have any tips about mind-rending eldritch horrors lurking in DC? Send that intel to me at tina.nguyen+tips@theverge.com.) Speaking of liminal spaces and endless hallways that drive their inhabitants insane: Today, we’re going to Capitol Hill, where the Senate…

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India may need to increase retail fuel prices if the conflict in West Asia drags on, Reserve Bank of India Governor Sanjay Malhotra said.His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves. The duty on gold was more than doubled and more measures to curb demand for imported goods are likely, Bloomberg News reported earlier.”If this is to continue for longer period of time, it is just a matter of time before the government will pass on some of the…

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Mumbai: Impetis Biosciences, a Tata group enterprise focused on pharmaceutical research, has out-licensed two experimental drugs to US-based Vyome Holdings.The drugs, in experimental stages, can potentially treat conditions including rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, alopecia areata (baldness) and ulcerative colitis.Also Read: Zydus Lifesciences acquires US pharma firm Assertio for $166 millionThe companies did not disclose the value of the transaction. A person familiar with the matter said the two drug candidates had shown “good preclinical safety and efficacy profile”, with milestone payments to Impetis staggered across various stages of research and eventual commercialisation.The drugs are selective Janus kinase, or…

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After five decades, Volkswagen confirmed the first electric GTI, the ID. Polo GTI will make its debut on Friday, May 15. When will Volkswagen’s first electric GTI debut? It’s been almost three years since Volkswagen first unveiled the ID. GTI concept at the IAA Auto Show in September 2023. This year marks the GTI’s 50th anniversary, and to celebrate, Volkswagen will launch the first all-electric GTI vehicle later this year. We got a sneak peek of it at last year’s Munich Motor Show after Volkswagen revealed the ID. Polo GTI, a prototype of the upcoming electric hot hatch. The company…

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Quantum computers and other advanced quantum technologies rely on specialized quantum materials that behave in unusual ways under the right conditions. In some cases, scientists can even create entirely new quantum properties by carefully changing a material’s structure. One striking example involves stacking sheets of graphene and twisting them into a moiré pattern, which can suddenly turn the material into a superconductor. Researchers can arrange these layers into even more complicated structures, including quasicrystals and super-moiré materials. But predicting how these exotic materials will behave is extraordinarily difficult. Quasicrystals are so mathematically complex that simulating them can involve more than…

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Elon Musk’s xAI is running nearly 50 natural gas turbines at its Mississippi data center, power plants that the state is currently not regulating thanks to a loophole. The power plants are considered “mobile” by the state of Mississippi because they are sitting on flatbed trailers, thus allowing them to dodge to air pollution regulations for one year. The NAACP, which has filed a lawsuit on behalf of residents in the area, says the unchecked emissions from the turbines is worsening air quality in an already polluted region. This week, it asked the court for an injunction against xAI. At…

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Artificial intelligence can now craft award-winning essays and help doctors detect disease with impressive accuracy. Yet when it comes to true mental flexibility, living brains still have the clear advantage. Humans can adjust to new situations and information with remarkable ease. Learning unfamiliar computer software, trying a new recipe, or figuring out the rules of a new game often happens quickly for people, while AI systems typically struggle to adapt in real time and to learn effectively “on the fly.” In a new study, neuroscientists at Princeton University identify one key reason for this difference. The human brain repeatedly reuses…

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New Delhi: India can increase its goods and services exports to $1 trillion in FY27, around 16% higher than last year’s record high of $863.11 billion as its free trade agreements (FTA) come into effect, commerce and industry minister Piyush Goyal said Wednesday, adding that the trade deals with Chile and the Maldives are slated to be completed by the end of this year.”Today, (at) the cabinet (meeting), Prime Minister was saying, with all of these FTAs coming into operation during the course of this year, and many businesses already choosing to start developing businesses with these FTA countries…we have…

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