AI Bubble: Silicon Valley Acknowledges Tech Excesses
📋 Key Facts ✓ The year 2025 is summarized as 'AI bubble' in technology and economics ✓ High priests of Silicon Valley are ackno...
Dec 23Financial TimesTechnologyImpact
📋 Key Facts ✓ The year 2025 is summarized as 'AI bubble' in technology and economics ✓ High priests of Silicon Valley are ackno...
📋 Key Facts ✓ US banks are rebuilding core financial infrastructure behind the scenes. ✓ The rebuild enables cash, custody, and funds t...
📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...
📋 Key Facts ✓ Northern Data is majority-owned by Tether. ✓ Northern Data sold its Bitcoin mining arm. ✓ The buy...
📋 Key Facts ✓ Tax fraud charges escalate schism within Agnelli dynasty ✓ Troubles mount across John Elkann's business empire ...
From left: Padi and Neema Raphael, partners at Goldman Sachs. Courtesy of Goldman Sachs Neema and Padi Raphael are siblings — and partners at Goldman Sachs. Neema is the chief data officer; Padi...
📋 Key Facts ✓ The company sold about 4.5 million common shares last week. ✓ The stock sale raised $748 million. ✓ ...
📋 Key Facts ✓ Justin Sun accumulated $175 million worth of Trump-backed token projects. ✓ Sun has been blacklisted despite his investme...
Bruce Springsteen, Beyoncé, and Taylor Swift are all billionaires. Al Pereira/WireImage; Edward Berthelot/Andreas Rentz/Getty Images Beyoncé's net worth has officially reached $1 billion, according to...
📋 Key Facts ✓ Bitmine's Ether holdings exceed 4 million tokens ✓ Total value of holdings is over $12 billion ✓ ...
📋 Key Facts ✓ 2025 advanced DeFi along its maturity curve with discernible credit cycles ✓ Growing institutional inflows strengthened t...
📋 Key Facts ✓ Hilbert Group acquires Enigma Nordic for $25 million. ✓ The deal expands Hilbert's systematic trading toolkit. ...
📋 Key Facts ✓ Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. ✓ Exports of US spirits decli...
📋 Key Facts ✓ Novo Nordisk, a Danish company, has US approval for its weight-loss drug as a daily oral pill. ✓ This is the first oral o...
📋 Key Facts ✓ ETHZilla liquidated $74.5 million in Ether. ✓ The liquidation was to redeem convertible debt. ✓ T...
📋 Key Facts ✓ Uber and Lyft to test Baidu robotaxis in London next year ✓ The initiative joins Waymo's robotaxi efforts ...
📋 Key Facts ✓ Under President Trump, the SEC has backed down from nearly all its fights with crypto firms. ✓ The biggest lawsuits and i...
Real estate investing team Tanice and Paul Myers. Courtesy of Tanice Myers Each year, HomeVestors, the company behind We Buy Ugly Houses, hosts an ugly home contest. The contest showcases dramatic hom...
📋 Key Facts ✓ Warner Bros. Discovery (WBD) shareholders must weigh pros and cons of tendering shares to Paramount. ✓ The tender offer i...
📋 Key Facts ✓ Erebor raised $350 million in funding. ✓ The startup achieved a valuation over $4 billion. ✓ Fund...