AI Bubble: Silicon Valley Acknowledges Tech Excesses
π Key Facts β The year 2025 is summarized as 'AI bubble' in technology and economics β High priests of Silicon Valley are ackno...
π Key Facts β The year 2025 is summarized as 'AI bubble' in technology and economics β High priests of Silicon Valley are ackno...
π Key Facts β Under President Trump, the SEC has backed down from nearly all its fights with crypto firms. β The biggest lawsuits and i...
π Key Facts β ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. β The expenditure aims to build AI inf...
π Key Facts β Tax fraud charges escalate schism within Agnelli dynasty β Troubles mount across John Elkann's business empire ...
π Key Facts β Putting real-world assets onchain opens up new markets. β Tokenization increases capital velocity. β ...
π Key Facts β Uber and Lyft to test Baidu robotaxis in London next year β The initiative joins Waymo's robotaxi efforts ...
π Key Facts β Northern Data is majority-owned by Tether. β Northern Data sold its Bitcoin mining arm. β The buy...
π Key Facts β Clare Lane purchased two pairs of leggings online. β She accidentally signed up to a subscription during the purchase. ...
π Key Facts β Inversion Capital CEO Santiago Roel Santos argues against casino-like features in fintech prediction markets. β These fea...
π Key Facts β Northern Data, backed by Tether, sold its bitcoin mining arm to companies run by Tether executives. β The sale happened j...
π Key Facts β Bitmine's Ether holdings exceed 4 million tokens β Total value of holdings is over $12 billion β ...
π Key Facts β Uniswap (UNI) surged 19% over the weekend. β Cronos (CRO) was a top performer, rising 2.5%. β The...
π Key Facts β Deloitte's eight-week review, completed in May, identified fragmented Microsoft 365 tools at Whole Foods causing inefficiencies with Amazon. ...
π Key Facts β Gold and silver have hit record highs due to geopolitical tensions. β US blockade on Venezuelan oil drives up precious me...
π Key Facts β Versions of Dubai chocolate are available in local bakeries and big chocolatiers just about everywhere. β The dessert has...
π Key Facts β Justin Sun accumulated $175 million worth of Trump-backed token projects. β Sun has been blacklisted despite his investme...
π Key Facts β Strategy paused its streak of bitcoin purchases β Added $748 million to its USD reserve β Total f...
π Key Facts β Diameter Capital Partners manages approximately $25 billion in assets. β The firm invested in unsecured debt of a midsize...
π Key Facts β Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. β Futures open in...
Brian Niccol said he wanted Starbucks to feel like the coffee shop from "Friends." Justin Sullivan/Getty Images Starbucks CEO Brian Niccol said a fictional cafΓ© guided his vision of what his s...