Tech’s biggest theme today is power—who controls data, pricing, money, and mobility. In Seoul, regulators delivered a blunt warning by fining Coupang a record $409 million over a breach that exposed the personal information of roughly 37 million users, underscoring how costly weak privacy safeguards can become. In AI, competition is heating up fast: OpenAI is reportedly weighing sharp token price cuts as it jockeys with Anthropic, a sign that generative AI may be entering a margin-squeezing phase just as both companies eye the public markets. That same race is spilling into finance, where Coinbase’s new “for Agents” platform aims to let AI bots trade, manage portfolios, and make payments on users’ behalf. Meanwhile, Waymo is testing whether robotaxi loyalty can be sold as a subscription, and investor appetite for AI remains enormous, with Bezos-backed Prometheus landing a staggering $12 billion to build industrial AI tools.