California enacts Senate Bill 1246, requiring autonomous-vehicle companies including Tesla, Waymo, and Zoox to provide local support when robotaxis disrupt traffic or interfere with emergency responders. Signed by Governor Gavin Newsom, the law allows penalties when a vehicle blocks police or firefighters for more than 30 minutes and restricts remote drivers to U.S.-based, licensed operators. It takes effect in July 2028, with implementation details still to be set by the Department of Motor Vehicles.
Meta and Microsoft lead technology stocks higher during a volatile week, with shares rising roughly 13% and more than 4%, respectively. Meta outlines plans to expand its Muse AI agent across hardware and its apps, monetize it through subscriptions and transaction fees, and add commerce partners including Walmart, Best Buy, Gap, and Shopify. Microsoft’s Azure growth accelerates to 43% in its fiscal 2026 fourth quarter, while Copilot exceeds 30 million paid seats, even as Treasury yields reach multidecade highs.
