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...
Change would hit buyout groups Blackstone and Cerberus that have amassed large residential portfolios...
Chinese producers fear similar US intervention in Iran would disrupt access to discounted crude supplies...
Tailwind's CEO said the startup's revenue has decreased by 80% amid the rise of AI. id-work/Getty Images The popular web tool Tailwind cut three of its four engineers on Monday, citing an AI-driven re...
Morgan Stanley named 184 new managing directors this week — here's the full list. Mike Kemp/In Pictures via Getty Images Morgan Stanley announced the names of 184 new managing directors on Frida...
Brazil is preparing to waive visa requirements for Chinese citizens travelling for tourism and business, local media reported on Wednesday citing government sources, in a move that would mark a signif...
Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) be...
A New York assemblyman reintroduced a bill that would restrict prediction markets, barring bets on individual sports matches, war, and more....
The transaction would give the Japanese exchange operator control of the Canadian asset manager, expanding its presence in regulated investment products....
Warner Bros. Discovery CEO David Zaslav turned "HBO Max" into "Max. Now he's saying goodbye to the new name and hello to the old one. Kevin Dietsch/Getty Images Warner Bros. Discovery spur...
DFSA’s new company-led suitability model and AML expectations would make it difficult for licensed firms to justify supporting privacy-focused assets....
A new plan would tie OP token value to network performance by using half of all Superchain fee revenue for systematic repurchases....
Japan’s economy is likely to fall behind India’s in 2026 to fifth place in the world, according to an International Monetary Fund’s estimate, potentially diminishing the East Asian nation’s presence o...
US President Donald Trump proposes setting the military budget at $1.5 trillion in 2027, saying it would allow the US to build a 'dream military.'...
Attorney Alex Spiro wrote to California Gov. Gavin Newsom saying several of his clients would relocate if a billionaire tax were implemented. Ramsay de Give-Pool/Getty Images; Michael M. Santiago/Gett...
The author (left) had to care for her mother's finances after a dementia diagnosis. Courtesy of Ala Landin My mother saved for retirement but did not account for health issues such as her dementia dia...
Coinbase CEO Brian Armstrong warned that reopening the GENIUS Act would cross a “red line,” accusing banks of lobbying Congress to block stablecoin rewards and limit competition....
Elon Musk lost billions in wealth this year. He's almost got it all back. Kevin Dietsch/Getty Images Tesla released its latest quarterly sales figures — and they're worse than Wall Street expect...
Investors would have been better off investing in the S&P500 than betting on US initial public offerings in 2025, with crypto and AI public debuts partly to blame....
Google cofounder Larry Page has cut his ties to California Justin Sullivan/Getty Images Google cofounder Larry Page is cutting ties with California. A source said Page had already left the state. He h...