📡 Hourly Update | 03:00-04:00

1. RecodeX rewrites the update: Schneider Electric is reportedly nearing a deal, with plans to acquire industrial software company PTC for $20 billion. The transaction could be announced as early as Monday.

2. RecodeX rewrites the update: According to the Financial Times, Dutch paint company AkzoNobel is considering selling one of its business units to Japan’s paint holding company Nippon Paint. The deal value could exceed $1 billion. Relevant talks and deal details have not yet been finalized.

3. RecodeX rewrites the update: Reports say that Anthropic’s approach to pushing for AI regulation is highly similar to the crypto lobbying strategy pursued by FTX founder Sam Bankman-Fried years ago—both employed “safety” rhetoric backed by political donations running into the millions of dollars. Critics argue this is essentially regulatory capture: shaping a rules environment favorable to them under the banner of safety.

4. RecodeX rewrites the update: Gala Games’ decentralized exchange GalaSwap has added support for four tokens—PEPE, TAO, LPT, and PLS—allowing users to conduct direct peer-to-peer swaps on GalaChain.

5. RecodeX rewrites the update: In the U.S., Senator Ted Cruz responded to accusations regarding a presidential campaign raised against Vice President JD Vance, saying he is currently focused on helping Republicans win the midterm elections. Cruz said Vance is “lacking confidence,” and competition between the two appears to be heating up.

6. RecodeX rewrites the update: U.S. fast-food chain Chick-fil-A said it will not introduce artificial intelligence into drive-thru ordering, contrasting with several competitors that are actively deploying AI voice ordering.

7. RecodeX rewrites the update: On the BSC chain, the Four.meme platform recently launched 30 new tokens within the past 8 minutes, equivalent to about 214 per hour. Of these, 29 have already generated trades, while the remaining ones have no buy orders yet. Leading by trading include Elon Musk’s Mail ($EMM) (about $2 in the first hour), Mascotpad ($mascotpad) (about $1 in the first hour), and 5C (about $0 in the first hour).

8. RecodeX rewrites the update: The UK Maritime Trade Operations Office (UKMTO) said it has received an incident report concerning an event occurring in the waters 60 nautical miles south of Al-Mukha, Yemen. The agency did not disclose the incident’s specific nature or information about the parties involved in the notice.