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Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

20hBusiness InsidereconomicsImpact

Bitcoin Hits Two-Month High as CPI Steadies and Short Covering Accelerates

Bitcoin’s rally drew fuel from short covering as steady inflation data and the start of earnings season reinforced trader expectations....

1dDecryptcryptocurrencyImpact

​​Polygon strikes $250M deal for Coinme and Sequence in stablecoin payments push

Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale....

1dCoinTelegraphcryptocurrency

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

1dThe VergeTechnologyImpact

Tesla's Cybertruck is falling far short of Elon Musk's ambitious sales targets

Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...

1dBusiness Insiderautomotive

As Vietnam’s US trade surplus overtakes China, Trump replaces envoy to fix ‘imbalance’

The Trump administration plans to ‌replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus ‍with Washington surpassed China’s...

1dSouth China Morning PostPoliticsImpact

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

22hBusiness InsiderPoliticsImpact

The Atlantic, Penske, and Vox Media have all sued Google for antitrust violations

Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...

15hThe VergeeconomicsImpact

Crypto Bill Draft Grants XRP, Solana and Dogecoin Same Legal Status as Bitcoin

The draft provision would treat tokens as “non-ancillary” assets, exempt from SEC securities rules, if they were in an ETF by 2026....

1dDecryptcryptocurrencyImpact

Morning Minute: Fidelity Calls Bitcoin 'Maturing,' Lays Out 2026 Bull and Bear Case

The financial services firm lays out a pretty straightforward bull case for Bitcoin as it matures—will it come to fruition?...

1dDecryptcryptocurrencyImpact

France flags 90 unlicensed crypto firms ahead of MiCA cutoff: Report

Of the 90 crypto firms registered in France without a MiCA license, 40% are reportedly not seeking the license, while 30% remain unresponsive as regulators warn of July shutdowns....

23hCoinTelegraphcryptocurrencyImpact

Microsoft, Meta, and Amazon are paying up for ‘enterprise’ access to Wikipedia

Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...

1hThe VergeTechnologyImpact

Tesla to stop selling FSD as a standalone package and switch to subscription only

Tesla Model Y electric vehicles (EV) at a dealership in Colma, California, US, on Tuesday, July 1, 2025. As its sales continue to slip and its robotaxi strategy seems to falter , Tesla CEO Elon Musk s...

19hThe VergeTechnology

Walmart's head of AI reveals the key difference between its shopping deals with Google Gemini and ChatGPT

AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...

17hBusiness InsiderTechnology

Rival leagues, charter flights and T-shirts: 11 moments that led to WNBA labor strife

CBA negotiations intensified in recent months, but previous events helped spark the stalemate between the WNBA and WNBPA....

19hESPNSports

There's a new way to make money from real estate — without ever buying a home

Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...

1dBusiness Insiderreal_estateImpact

Ubisoft Layoffs Continue With 55 Staff at The Division Studio Massive and Ubisoft Stockholm Now Impacted

Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...

1dIGNeconomicsImpact

One thing that might get workers to embrace AI? The 4-day workweek.

Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...

23hBusiness InsiderTechnologyImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

1dBusiness InsiderPoliticsImpact

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

23hBusiness InsidereconomicsImpact
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