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Trump Ally Messari CEO Ryan Selkis Steps Down Amid Backlash
Ryan Selkis has resigned his role as Messari CEO following backlash to controversial tweets, many in support of Donald Trump. more
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Samsung brings native LLM into play to advance voice assistant Bixby
Samsung will launch a more powerful Bixby, unveiling plans to upgrade the voice assistant with features such as providing in-depth data using phone cameras. [...] Read More... The post Samsung … more
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Elon Musk’s crusade against California is seeing Tesla sales in the Golden State plummet while demand for Rivian EVs soar
Musk does not appear to be doing Tesla any favors by constantly agitating against left-leaning issues popular among his mainly progressive customers. more
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Taiwan introduces its first AI draft bill
The bill primarily steers away from specific stipulations, focusing on promoting safety, accountability, risk mitigation and data protection. [...] Read More... The post Taiwan introduces its … more
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Navigating the Complexities of an AI Startup Acquisition
Artificial intelligence (AI) changes the playing field for many industries. Companies may be well-advised to purchase an AI startup to expand their capabilities or increase revenue by serving others … more
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Trump Calls Bitcoin Experience 'Eye Opening': 'It's Not Going Away'
Donald Trump says Bitcoin is "not going away" and that the U.S. must lead in Bitcoin and crypto innovation before China in a major reversal from his previous skepticism. more
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Trump Bitcoin Conference Roundtable Seats Are Going for $844,600
A photo with Trump will cost attendees $60,000. But couples get a discount—they can secure a photo with the former president for $100,000. more
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Basel Committee on Banking Supervision makes minor update to digital asset rules
The final disclosure framework for banks' digital asset exposures and the updated digital asset standard for banks will come into force on January 1, 2026. [...] Read More... The post Basel … more
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Trump invites Chinese automakers to build cars in the U.S.—and says ones they build in Mexico will be hit with tariffs up to 200%
China’s largest EV maker BYD Co. is looking to set up one of the largest auto factories in Mexico. more
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Tokenized deposits unlock payment efficiency, reduce settlement risk: Visa
Visa partnered with HSBC and Hang Seng Bank in 2023 on a pilot that combined the e-HKD and tokenized deposits and has now published a report on its success. [...] Read More... The post … more
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Manufacturers becoming more hesitant to embrace generative AI: report
The report by AI firm Lucidworks gleaned its data from over 2,500 executives, noting that AI spending in manufacturing is down by double-digit percentages since the start of the year. [...] Read … more
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South Korea’s ruling party wants to postpone 20% digital asset tax to 2028
Initially scheduled for 2021, the disputed 20% tax on annual digital currency gains could be postponed if the ruling People Power Party has its way. [...] Read More... The post South Korea’s … more
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Winklevoss Twins Donate $1 Million in Bitcoin to Unseat Elizabeth Warren
The crypto contribution to Republican challenger John Deaton follows a $2 million donation to Donald Trump from the pair. more
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Russian duo confess to cyber heist that forced $500 million in ransom payments
LockBit is the name of a malicious code that locks up computers before hackers demand a ransom to unlock them. more
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Netflix vanquishes doubts about its ability to keep growing just about every profit metric
Netflix added 8 million new subscribers, grew revenue 17%, and showed profitability in streaming was absolutely possible on a stellar Q2 earnings call. more
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Robinhood Can Get 'More Efficient' by Tokenizing Real-World Assets, Says Crypto Head
Both Robinhood’s CEO and top crypto exec hinted at a more expansive blockchain-backed future for the company this week. more
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Mars wants to sell more chocolate in Southeast Asia—and that means dealing with extreme heat and consumers who ‘want content every minute’
Southeast Asian consumers see chocolate as an infrequent treat, which Mars sees as an opportunity for growth. more
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Southwest Airlines is floundering because passengers will pay to not ‘fight for a seat,’ JetBlue founder says
Airlines have capitalized on consumers’ desire to “revenge travel.” more
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Jack Dorsey’s Block to shutter UK operations for Cash App
The app, one of the products of payments firm Block, has been operating in the United Kingdom since 2018. more
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Cash App to shut down in the UK, citing focus on US market
Cash App, a popular mobile payment platform, will cease operations in the United Kingdom by September 15. Block, the fintech company behind Cash App, announced the closure on Thursday. The decision … more
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Grindr CEO says you have to be ‘arrogant and crazy’ to become a founder
George Arison, who grew up in the Soviet Union, is guided by the prospect of doing the impossible, he said at Fortune’s Brainstorm Tech conference. more
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Pilots are ditching top captain jobs in favor of $200,000 second-in-command gigs with better work-life balance, JetBlue founder says
David Neeleman, who founded JetBlue and Breeze Airways, says higher pilot salaries haven’t solved all the industry’s problems. more
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Tim Cook gifted Donald Trump a $6,000 Mac Pro after he lowered tariffs on parts Apple needed from China
Eager to avoid tariffs that would hurt Apple, Cook applied a charm offensive on Trump that seemed to work wonders. more
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Jack Dorsey's Block to Shutter Cash App in UK
Cash App won't be available in the UK from September 15, though the version available to British users didn't include Bitcoin buying functionality. more
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DeFi Technologies Doubles Bitcoin Treasury Holdings and Adds Solana and Core
The company added Solana and Core to its balance sheet for the first time, calling them “complements” to Bitcoin. more
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