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 ✓ Grandparents founded Vo Toys in the 1950s using leather belt scraps from Germany immigrants. ✓ Mark Hirschberg studied fi...
📋 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...
📋 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. ...
Juan Barreto/AFP via Getty Images; Mateusz Slodkowski; Alyssa Powell/BI It certainly looks like an insider may have cashed in big by betting on Venezuelan President Nicolás Maduro's American-orchestra...
📋 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 ✓ Asia-Pacific markets mostly climb following Wall Street's AI trade lift. ✓ Investors in Asia are watching AI-related ...
📋 Key Facts ✓ A Japanese official warned about the yen's sudden weakness. ✓ Traders perceive higher potential for government interv...
📋 Key Facts ✓ Warner Bros. Discovery (WBD) shareholders must weigh pros and cons of tendering shares to Paramount. ✓ The tender offer i...
📋 Key Facts ✓ High earners across the US are actively spending during the holiday season. ✓ Middle-income households are facing financi...
📋 Key Facts ✓ Erebor raised $350 million in funding. ✓ The startup achieved a valuation over $4 billion. ✓ Fund...
📋 Key Facts ✓ The Lucid Gravity is positioned as a potential ultimate luxury electric SUV. ✓ Frustrating software issues are currently ...