meta_pixel
Tapesearch Logo
Log in
WSJ Tech News Briefing

TNB Tech Minute: New York Sues Coinbase, Gemini Over Their Prediction Markets

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 21 April 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: The U.K.’s communications services watchdog investigates Telegram over child safety. And the head of Dutch military intelligence says China’s cyberspying targets western defense industry. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I think the potential of Agenic is to rethink how work gets done overall. It challenges all sorts

0:06.5

of traditional orthodoxies around how organizations execute the work at hand. That's Jason Gersatus,

0:12.6

CEO of Deloitte U.S., talking about the transformational potential of Agenic AI. Join him later

0:18.6

to learn why agents are a game changer for businesses across industries.

0:24.4

Here's your afternoon TNB Tech Minute for Tuesday, April 21st. I'm Julie Chang for the Wall Street Journal.

0:31.6

New York's Attorney General has sued, Coinbase, and Gemini, alleging they operate illegal

0:37.2

prediction markets that violate state

0:39.2

gambling laws. The suits claim the company's unlawfully permitted people under 21 to gamble

0:44.9

and bet on New York college teams. The AG's office also says Coinbase and Gemini avoided state

0:51.3

taxes. The state seeks fines up to three times the company's profits,

0:55.8

customer restitution, and $100,000 penalties per unauthorized offer. Notably, the lawsuits

1:02.0

excluded Kalshi and Polymarket, which the companies say are more akin to trading. The

1:07.2

Commodity Futures Trading Commission regulates these platforms, which has opened the door for them to bypass state gambling regulators and their taxes.

1:15.2

Polymarket has a data partnership with Dow Jones, the publisher of the Wall Street Journal.

1:21.0

The UK's Communications Services Watchdog said it would investigate whether messaging app Telegram is doing enough to prevent child

1:28.5

sexual abuse material being shared on its platform. Offcom, which regulates communications

1:34.2

in the country, launched the investigation under the Online Safety Act, following evidence

1:39.2

from the Canadian Center for Child Protection and Offcom's own assessment. A Telegram spokesperson denied Offcom's

1:45.8

accusations and said the platform had virtually eliminated the spread of child sexual abuse

1:50.7

material since 2018. If Telegram is found in breach of the law, Offcom can impose fines and

1:57.0

compel changes. And the head of Dutch military intelligence said China's cyber espionage capabilities match the U.S.s

2:06.0

and are targeting Western defense industries.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.