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AI could wipe out some white-collar jobs and drive unemployment to 20%, Anthropic CEO says
Anthropic’s CEO cautions that advances in artificial intelligence may significantly reduce entry-level professional positions, potentially causing unemployment rates in the United...
Read Full Article →Op-ed: Don't buy Nvidia CEO Jensen Huang's China AI policy 'failure' story
Nvidia’s earnings report highlighted ongoing challenges related to U.S. trade restrictions with China, which could impact the company's revenue growth and market expansion in the g...
Read Full Article →Elon Musk denies Telegram deal after Durov announces $300m xA integration
The potential collaboration involving a substantial $300 million investment between Telegram and Elon Musk's company remains unclear following Musk’s statement denying a concluded...
Read Full Article →Trainline: CEO’s pay more than doubles as profit jumps
The company’s annual report shows a substantial increase in the chief executive’s compensation, reflecting the notable rise in the organization’s earnings over the recent fiscal pe...
Read Full Article →Elon Musk is done with DOGE
Elon Musk’s departure from his government role may impact investor perceptions and market dynamics related to both his companies and the sectors connected to his former position.
Read Full Article →Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return
The chief executive of Burberry stands to gain a substantial financial incentive contingent upon the company’s stock value rising sufficiently to rejoin the FTSE 100 index.
Read Full Article →Bybit secures MiCA license in Austria, opens EU base in Vienna
Bybit's acquisition of regulatory approval and establishment of a regional hub in Vienna enables the company to legally offer its crypto services across the European Economic Area,...
Read Full Article →Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer
Securing a major client is crucial for Intel’s new CEO to drive revenue growth and establish the company’s position in the competitive semiconductor market.
Read Full Article →Tesla CEO Elon Musk Announces DOGE Exit
Elon Musk’s decision to discontinue support for DOGE may impact the cryptocurrency’s market value and investor confidence, potentially influencing related financial markets and dig...
Read Full Article →Bubblemaps launches ‘Time Travel’ tool for insider activity, rug pulls
By enabling detailed analysis of token distribution patterns and historical transactions, Bubblemaps’ new tool provides investors with enhanced capabilities to identify potential m...
Read Full Article →Solana firms make moves on staking, treasury and compliance
Sol Strategies’ recent capital-raising capacity, combined with DeFi Development Corp’s integration of liquid-staked tokens and adherence to key security certifications, underscores...
Read Full Article →Arkham claims to have found 87% of Strategy’s Bitcoin
If verified, Arkham Intelligence’s identification of previously unknown cryptocurrency wallets linked to Strategy could reveal the majority of the company’s Bitcoin assets, potenti...
Read Full Article →Hiscox picks former Man Group boss as new chair
Peter Clarke’s appointment to Hiscox’s board is expected to bring experienced leadership that could influence the company’s strategic decisions and potentially impact its financial...
Read Full Article →Michael Saylor’s Strategy address allegedly revealed by Arkham, with $48.8b worth of BTC
Arkham's discovery of the alleged Bitcoin wallet linked to Michael Saylor highlights a substantial cryptocurrency holding currently estimated at nearly $49 billion in value.
Read Full Article →Elon Musk leaves DOGE as job was ‘uphill battle’
Elon Musk’s departure from his government cost-cutting role follows challenges in reducing federal workforce and spending, with disputed savings claims and impacts on his focus aff...
Read Full Article →European crypto firm K33 raises $6.2M for Bitcoin buys
K33’s recent capital raise through convertible loans and equity instruments is intended to fund the acquisition of Bitcoin, aiming to enhance its financial strength and support fut...
Read Full Article →New Jersey county to tokenize $240B property deeds
By digitizing hundreds of thousands of property titles onto a blockchain platform, Bergen County aims to enhance transaction efficiency and secure management of real estate assets...
Read Full Article →Nvidia posts mixed Q1, predicts $8B hit with US chip curbs
Nvidia’s mixed quarterly earnings highlight strong revenue growth but reduced profitability, with anticipated future revenue losses linked to US export limitations impacting its AI...
Read Full Article →US court freezes $57M USDC allegedly linked to LIBRA scandal
A federal court's temporary freeze of approximately $57 million in stablecoin assets highlights ongoing legal challenges and potential financial risks faced by parties involved in...
Read Full Article →Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
Nvidia’s CEO emphasized that continuing chip shipments to China plays a crucial role in maintaining global market competitiveness and fostering long-term growth opportunities withi...
Read Full Article →Nvidia CEO Jensen Huang hammers chip controls that 'effectively closed' China market
The restrictions on chip technology have significantly impacted Nvidia's access to the Chinese market, potentially influencing the company's revenue and growth opportunities in a m...
Read Full Article →AI China Curbs Weaken America's Position, Nvidia CEO Jensen Huang Says
Restrictions on artificial intelligence technologies in China could impact global market dynamics and influence the competitive standing of American companies in the technology sec...
Read Full Article →Tesla investors demand Musk work 40-hour week at EV maker as 'crisis' builds
Some Tesla shareholders, including pension funds, believe increased time commitment from CEO Elon Musk is crucial to address ongoing challenges and protect their investments in the...
Read Full Article →GameStop shares sink 11% after BTC purchase
GameStop’s significant investment in Bitcoin led to a notable decline in its stock price, reflecting investor concerns about the company’s new strategy to incorporate cryptocurrenc...
Read Full Article →TON Under Pressure After Telegram's Pavel Durov Confirms No xAI Deal Was Signed
The announcement that no agreement was finalized has led to increased uncertainty, potentially affecting investor confidence and the market value of TON-related assets.
Read Full Article →Mark Zuckerberg says Meta AI has 1 billion monthly active users
Meta's AI assistant reaching one billion monthly users highlights the platform's extensive engagement, potentially increasing advertising revenue and strengthening the company's po...
Read Full Article →Elon Musk has to work 40 hours a week at Tesla, top investors say
Major institutional investors managing nearly a trillion dollars emphasized the importance of consistent leadership hours for Tesla’s CEO, highlighting potential impacts on the com...
Read Full Article →Conduit raises $36M for stablecoin, fiat cross-border payment network
Conduit's recent $36 million investment will accelerate development of its payment infrastructure, potentially enhancing efficiency and reducing costs in international transactions...
Read Full Article →BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO
BlackRock’s potential investment in Circle’s public listing could provide substantial capital inflow, enhancing the company’s valuation and supporting its growth initiatives during...
Read Full Article →We asked an expert about quantum computer threat as Google and BlackRock ring the alarm
Leading financial institutions have highlighted potential risks that advancements in quantum computing may pose to the security and stability of cryptocurrency networks, prompting...
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