The report claims that more than 50% of internet traffic is non-human. How could this be, in an age obsessed with AI? The statistic makes more sense when you know the cause. Gemini’s integration with Google’s Search function led to “a human traffic decline of nearly 40% in less than a year.”
According to a report published by Cloudflare, a content delivery network company and cybersecurity firm, the “human traffic” in every major industry decreased by at least 35 percent between June 2025 and April 2026.
Cloudflare also noted that Google played a unique role in this decline as it accounted for “approximately 88%” of all referral traffic. To put it simply, Google’s AI scrapes information from sites, regurgitates it in Gemini’s AI Overview, and does not provide the website it stole said content from with page views. Cloudflare defines this as a “world where very little traffic is referred by search engines.” Publishers refer to it as the “Google Zero” trend.
Cloudflare also found that 52% of all crawler requests were for AI training in June 2026. This was up from just 22% during Spring 2025.
This means websites can either allow Google to scrape information from their site in AI Overview (which doesn’t give them a pageview) or opt out of Google search results entirely. That’s a bad choice, considering that Google provides 88 percent all referral traffic.
Cloudflare claims that while news and media organizations were “the earliest industries to feel” the impact of Google AI, its increased adoption led to other industries also losing as much as 40% of their traffic: “Today similar dynamics impact businesses in retail, software and IT. Human traffic has dropped by as much as 40 percent in some of the categories that are heavily crawled.
This is not the case, however, in one country: The United Kingdom. Why? The Competition and Markets Authority announced at the beginning of June 2026 that they would require Google to allow publishers to remove results from Google AI Overview, without deindexing them. Google responded by announcing a test that allows publishers to opt-out in the UK. It also promised that control features will not be used for ranking results other than these AI Search features.
Google is hesitant to answer a simple question: how will it fill up its AI Overview with information if the sites from which it gets the data are losing money? Gemini will find it difficult to get information once the websites go out of business.

Cadillac has carved a niche in the premium market. Chevrolet, on the other hand is America’s second-most popular EV. GM has no plans to release any new EVs or update existing models in the coming years. This leaves the field wide open for competitors.
Chevy and Cadillac put new EVs on hold
Mary Barra, GM CEO and President of the Company’s Earnings Call on Tuesday said that “the Next Generation Cadillac ICE Vehicles” will start arriving next spring.
Barra has confirmed that the new ICE Cadillac models include a CT5 sedan and XT5 three-row SUV.
Cadillac will sell its new gasoline-powered SUVs alongside the current models of electric SUVs, as it pivots to ICE.
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The new models, which are powered by gas instead of electric motors, fit into GM’s broader EV plan.
Chevy is planning new gasoline vehicles, too. The brand was the second-best selling EV in the US during the first six months of this year.
Only a few Chevy Bolts are available. The production will end by the end of this year. GM plans to replace the Chevy Bolt with a gasoline-powered SUV in Kansas.
Chevy’s Equinox EV and Silverado EV are still available. Automotive News has reported that the Chevy Equinox EV, Blazer EV and Silverado EV will remain on sale.
GM reported that it had incurred $10.9 billion in EV related charges, of which $7.2 billion will be impacted by cash. The $7.2 billion was paid by the company through Q2 2026.
GM has raised its adjusted full-year profit guidance from $13.5 to $15.5 billion.
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Hyundai, and its rivals have already closed the gap between GM’s second place in the US EV sales behind Tesla.
Hyundai IONIQ 5, America’s 3rd most popular EV, is outselling Chevy Equinox.
Hyundai builds both the IONIQ 5, and the IONIQ 9, in its Metaplant, located in Georgia. GM manufactures the Equinox electric in Mexico.
Hyundai has just inaugurated its $5 billion joint battery factory with SK On. Hyundai says it can produce 35 GWh worth of battery cells for electric cars every year. This is enough to power around 300,000.
Hyundai plans to use the first batteries in upcoming Kia, Genesis and Hyundai vehicles.
It’s not only Hyundai. This year’s demand for EVs is much higher, especially those that are newer or have been updated. The Toyota bZ outsells the Chevy Equinox in June.
While GM is planning to introduce new ICE cars, the EV market will see a new wave of competition with the arrival of models such as the Rivian R2, BMW iX3, or Tesla Model Y L.

A judge ruled on Monday that Anthropic had reached a settlement with authors for $1.5 billion, which ended the biggest copyright class action ever filed and granted the largest ever copyright settlement.
In May, some writers fought against the proposed settlement after the court decided that Anthropic AI training on books is fair use, but its piracy was not.
The authors who opposed the settlement claimed that lawyer’s fees were excessive and author payouts too low. A few authors chose to delay the deadline in order to file lawsuits for higher damages and avoid the $3,000 payout per work.
Araceli Martinez-Olguin, US District judge, ruled that the objections against the settlement were without merit in her ruling. She noted that approximately 95 percent received notices and 91 percent have filed claims. Martinez-Olguin stated that only 350 members of the class opted out and another 54 filed late requests or objected to their opting-out.
Martinez-Olguin noted that the high participation rate suggested most authors were given timely notification of the distribution plan and agreed to it as “fair”; they also supported the settlement. The $3,000 per work payout was “four times” the minimum legal damages, she added.
Attorneys’ fees and plaintiffs’ awards are reduced
Martinez-Olguin, although she approved of the settlement total amount, reduced the lawyers fees as well as the awards requested for the three authors that represented the class.
The lawyers initially requested 20 percent in legal fees. They asked for $300 million. This percentage had been reduced from 20 percent to 12.5 before Martinez-Olguin made her ruling. The total amount of fees was approximately $187.6 million.
However, the judge reduced fees to less than 7 per cent of the settlement funds, or about $101 millions.
Some of these fees are for future work lawyers will perform to distribute funds. Authors have argued that the lawyers’ estimates were alarmingly exaggerated. Martinez-Olguin acknowledged these concerns and wrote that, in response, the court took “another step” to protect the class’s interests.
The settlement will likely be a relief to the three authors, who have spent many years protecting their 506,194 pieces of work from class members. However, it is likely to disappoint the plaintiffs in the case that their service award has been reduced from $50,000 to $15,000
Martinez-Olguin, however, said the amount higher was “unreasonable,” even though authors spent substantial resources and time on litigation as well as settlement negotiations. The judge decided that a lower award was due because there were no signs that the authors would be retaliated against for filing the suit.
The lead plaintiffs told Reuters that this settlement was “a step towards real accountability from Anthropic, and it puts AI companies on alert they cannot bypass the law.
Authors may earn more than $3000 per piece, although it’s rare.
If any money remains in the Settlement Fund once all valid claims have been paid, then the Parties expect to redistribute the funds to Settlement Class Members. This is unless doing so would be economically impossible,” Martinez-Olguin stated.
In a release, the lawyers for authors praised the court’s decision. They wrote that the “rights holders came together to condemn” Anthropic’s piratery and described the support amongst them as being “overwhelming.”
The Anthropic team also appears to have no objections about the final settlement. Aparna Sridhar said in a statement to Ars that Anthropic was happy with the landmark case ruling that established its AI training as fair use.
Sridhar stated, “We’re pleased to see that over 91 percent (of the authors and publishers) covered by this settlement have received their payment. We look forward to wrapping up the matter.”
Last-minute Opt-outs blocked by Anthropic
Anthropic faces separate legal action for every opt-out it grants. Martinez-Olguin stated that the case is complex and difficult to evaluate by courts. Anthropic’s motivation to delay requests for opt-out makes perfect sense.
Authors who oppose the settlement argue that they didn’t receive timely notifications, the opt out period is too short and the awards made to the authors are unacceptable because of the Copyright Act, which allows for higher potential statutory damages.
Martinez-Olguin has confirmed that 350 members of a class have successfully chosen to opt out. However, dozens of objections and at least nine requests for direct opt out made after the deadline of March 30 were also denied.
Martinez-Olguin, in the end, overruled the majority of objections. She also denied the vast majority of late requests for opting out.
Martinez-Olguin stated that the court accepted only two late opt out requests by authors who had shown “excusable negligence” for not meeting the deadline.
Both co-authors did not get settlement notifications. The opt-out was granted to one author a few weeks late. For the second author, the request came in much later due to a stroke. The court was sympathetic to the author who stated that “she lives in Mexico and speaks Spanish. She was unable to understand the notice of class, but asserted no Spanish translation had been provided.”
Donald Passman was one of the authors who tried to avoid the settlement in the final moments. He sent his request to the court at the end June. This was more than three months past the deadline. Martinez-Olguin called this “inexcusably” late, as records show that the notices had been delivered to the author’s current address. At least one of the notices was received, even though it was over a month later.
Passman claimed in a court document that the evidence proved he was late to receive notice of the settlement. Passman reportedly couldn’t rely on Simon & Schuster to send notices, and “had absolutely no knowledge of the existence or deadline for opting out” before he got a late-noticed letter inviting him to collect his payment and not mentioning opt-outs.
Passman didn’t immediately reply to Ars request for comment regarding the approval of settlement. He’s probably disappointed because he claimed that All You Need To Know About the Music Business is an industry standard and the estimated payment per work of $3,351.39 “does not adequately compensate” him for the value of his individual copyright claims.
Anthropic challenged Passman’s opt-out attempt, saying that it took him months after learning of the settlement to submit his request. Anthropic reportedly found it hard to believe that Passman had “somehow not heard about the largest ever copyright settlement in a case which generated mountains of news headlines.”
Anthropic claimed that allowing Mr. Passman the right to opt-out after a lengthy and unjustified wait would encourage others to do the same. This could undermine the finality of the Settlement and cause a delay. “In a Class of hundreds of thousands, only a tiny fraction–approximately 400–have sought to opt out.”
Martinez-Olguin said she agreed with Anthropic, and that by granting Passman’s request it could lead to other writers withdrawing from the settlement.
Martinez-Olguin’s order reminded the authors of non-monetary settlement benefits that they appeared to ignore. She said that authors could avoid expensive, long, and complex litigation which may result in “zero recoveries” with no recovery. Citing precedent, she stated that the “prompt closing” is beneficial to all class members. The settlement also requires Anthropic destroy their entire collection of works, and provides for future litigation if Anthropic misappropriates their work after all the dust has settled.

Jamie Dimon, CEO of JPMorgan Chase said that in an interview he would not buy long-term Treasury Bonds or stocks at the current price because he believes that investors don’t fully account for risk that could lead to turmoil in debt and equity markets.
Dimon told CNBC in an interview that geopolitical risks and fiscal risk are “probably larger than people think”, given the conflicts in Ukraine, the Middle East and the looming tensions with China.
He said the growing deficits of governments in many countries pose a financial risk, especially during times when defense expenditures are on the rise. This could result in higher interest rates for government bonds.
Dimon stated that given current bond market conditions, he would not buy Treasurys with a long term. He believes interest rates will remain high even when inflation drops.
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JPMorgan Chase’s CEO stated that the 10-year Treasury bond “should probably be between 4% and 4.5%”, even if inflation returned to Federal Reserve’s target long-term of 2%. He also said that personally he would not buy Treasury bonds over a long period and saw little upside in bond prices.
Since March, the 10-year Treasury yield has been above 4.2% after trending closer to 4% in late 2018.
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Gas prices fell as energy markets stabilized in a time of lower hostilities, according to the most recent Consumer Price Index (CPI).
JAMIE DIMON UNDERSTANDS THE REASONS WHY PEOPLE HAVE BEEN GROWING ‘ANTI RICH’
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Fed Chairman Kevin Warsh said that the Fed would not tolerate high inflation.
The CME FedWatch tool indicates that federal funds rates will remain stable or increase before the end this year.
Dimon’s interview also reflected a cautionary tone on the stock markets, saying that he would not invest in the market as a whole at current high valuations for many major companies. Instead, he said he would look to individual companies in order to make “a good investment.”
JPMORGAN NAMES 2 NEW CO-PRESIDENTS, SETTING UP RACE TO SUCCEED JAMIE DIMON
The impact that artificial intelligence is having on the economy and tech sector, as well as the wider market, has been compared to that of the internet’s initial boom. He said that businesses are investing “huge amounts of money” that might not yield the results they want.
Will it pay off in the end? Dimon said CNBC that “probably, it will pay off just as the internet has done.” Will it work out the way and in the timeframe you anticipate? “Definitely not.”

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Frank Bisignano, the CEO of Internal Revenue Service (IRS), has denied accusations that he spy on JPMorgan Chase executives more than 10 years ago. Bisignano said on CNBC that “none of this is true”.
The Wall Street Journal revealed Monday that Bisignano had been spying on colleagues while serving as co-chief operational officer at JPMorgan. The Journal said he wanted to gather information “to keep a tight reign on employees” as well as “to undercut his competitors”. According to The Journal, Charlie Scharf is the CEO of Wells Fargo and was one of those under surveillance.
Charlie called me yesterday night. “We had a great laugh over it,” Bisignano said.
Wells Fargo did not immediately reply to an inquiry for comment about Bisignano’s remarks.
Treasury Secretary Scott Bessent sent a CNBC statement after Bisignano’s radio interview praising Bisignano. Bessent stated that Frank Bisignano, who has decades of executive experience in leading America’s top companies, brought operational excellence and results-driven thinking to the IRS.
Bessent stated that “he has done an excellent job in delivering better services to the taxpayers, eliminating wasted resources, modernizing the operations and making sure the agency is working for the American public.”
Jamie Dimon, CEO of JPMorgan Chase Bank issued a public statement praising Bisignano in 2013, after he left the bank. On Tuesday, a spokesperson for JPMorgan told CNBC that it “applauds (Bisignano’s) service to our nation both at the Social Security Administration” and IRS. The bank did not address the spying accusations.
Bisignano, who left JPMorgan in 2013, took over First Data as the payments processor. This company merged later with Fiserv.
Bisignano left Fiserv to assume increasing responsibilities in the Trump Administration in 2025. In May 2025, he was appointed by the Senate to the position of commissioner for the Social Security Administration. Bessent named him to the newly-created position of IRS CEO in October.
CNBC reports that Bessent assigned Bisignano the task of overseeing implementation of Trump Account, the savings vehicle established by the Republican tax law and policy last year. He keeps his positions of leadership at both the Social Security Administration and IRS.
Bisignano, as IRS Chief signed a Settlement with President Donald Trump that gave him immunity against some tax audits. Last week, a federal judge criticized the settlement.
Bisignano has been named as a defendant in a shareholder class action lawsuit filed in the Southern District in New York. In the suit, Fiserv is accused of misleading investors with its growth figures and Bisignano was allegedly a beneficiary from an artificially inflated share price.
Tierney L. Cross | Bloomberg | Getty Images
The Wall Street Journal declined to comment on the litigation, and an attorney representing Bisignano said the majority of the decline in share prices occurred under Mike Lyons who replaced Bisignano as CEO.
Fiserv shares dropped dramatically after Bisignano joined the Trump Administration. Bisignano had to sell shares of Fiserv in order to fulfill his ethical obligations towards the federal government. The Journal reported that at least $77,000,000 of these sales occurred in July 2025 after Bisignano left the company, but within a period when existing executives were barred from working.
Lyons informed investors that Fiserv’s guidance would have to be revised in 2025, after these sales. Lyons stated in October that the shareholder goals set by Bisignano would be “objectively hard to meet” and Fiserv’s guidance would need a “critical reset.”
According to data from Factset, Fiserv shares have fallen 78% since their highs in March 2025 during Bisignano’s tenure. Lyons left Fiserv.
Bisignano responded that he is no longer with Fiserv, when asked by CNBC to comment on the declining stock price of Fiserv. I know that they had a change in leadership. It’s not good.
Fiserv did not immediately reply to an inquiry for comment.