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New crypto legislation that could make stablecoins a far bigger part of the financial system is moving rapidly through Congress, putting banks on the defensive even before President Donald Trump jumped into the fray.
Trump said he wanted stablecoin rules to be the first crypto legislation of his administration. The banks, caught off guard, intensified lobbying for sweeping changes – from who gets to issue stablecoins to how they are designed – to protect their roles in the financial system.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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I've lived in Rhode Island my whole life, and my favorite New England day trip is Block Island. With a $20 ferry, it's an affordable summer trip. Read more ›
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Toronto firm raised $142 million from private LPs to complement Ottawa’s anchor commitment. Read more ›
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New CEO Nadia Carlsten said "in a few months, people won't even remember the shoes." Read more ›
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According to the latest Pew Research poll, 49 percent of Americans report using chatbots at least occasionally, but 63 percent think the tech is advancing too quickly. Overall, use of AI chatbots has increased dramatically since 2024, when only 33 percent reported using them. Specifically, ChatGPT's usage has doubled since 2023, with 44 percent of […] Read more ›
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Even a wallpaper can carry a virus these days, so be careful what you're downloading. Read more ›
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Google has announced that its new Google Home Speaker will be go on sale on June 25. Read more ›
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Quinn Nelson of Snazzy Labs is one of the first people to receive the Trump Mobile T1 Phone – and one of the funniest to review it. The video below is quite long, but it goes into great detail in examining the hardware and software of the phone. That said, the video actually starts with a 2-minute explanation of how email spam works because the Trump Mobile team had great... Read more ›
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Dario Amodei is supported by rival Sam Altman in call for international co-operation Read more ›
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The best way to find alien technosignatures is to look for ones that have long survived their creators, according to a new paper. Read more ›
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During a two-week backpacking trip through Europe, I booked Airbnbs in small towns outside Berlin and Zurich. The crowd-free areas were hidden gems. Read more ›
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Что определяет наш когнитивный потенциал? Генетика? Воспитание? Рацион питания? Что ж, если говорить про классический IQ то он на все 98% зависит от социально-экономического статуса семьи. И нет, не спешите закидывать ребенка деньгами или сетовать на жестокий капитализм. Речь идет именно про безопасную среду, в которой ребенок получает заботу, принятие и безусловную любовь. Вместе с пространством для книг, игр и взаимного время провождения. Хорошая новость – если ваше детство не... Read more ›
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Wear OS 7 is rolling out now with three new features, but some of the biggest upgrades are still to come. Read more ›
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Here's how to watch England vs Croatia for free online and from anywhere in Group L of the FIFA World Cup 2026. Read more ›
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Set in the bleak Richardson Mountains straddling Yukon and Canada’s Northwest Territories, here's how to watch Alone season 13 online from anywhere. Read more ›
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Epic Games has released Lore, an MIT-licensed version control system written in Rust and designed specifically for "games and entertainment purposes with large file sizes," reports Phoronix. From the report: While there is Git LFS for large file storage with Git, Epic Games has crated Lore as a version control system designed entirely around the large file needs of modern game development as well as multimedia/entertainment purposes. Lore is designed... Read more ›
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First impressions of Cambridge’s new flagship just-add-speakers streaming amplifier are very good indeed. Read more ›
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A second season of the Apple TV horror comedy is on the way, but its creator also has spinoff ideas too. Read more ›
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The Information
Good morning! When Elon Musk tweeted details about SpaceX’s agreement with Anthropic late last month, saying the business deal was less durable than advertised, many investors and commentators seized on the fact that the details weren’t in the company’s initial public offering prospectus filed with regulators.They were right to point that out, of course. Details of that nature—for instance, that SpaceX was guaranteed 180 days of revenue—should have been in... Read more ›
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Advertisers can now create ads for specific products on ChatGPT by sharing feeds of product information with OpenAI, according to communications sent to advertisers reviewed by The Information. For now, information from the product feeds will only be used to create ads and will not inform or ... Read more ›
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Anthropic CEO Dario Amodei released a policy framework on Wednesday that proposed a mechanism for Americans to acquire a financial stake in the gains from the AI industry. The paper argued for the establishment of capital accounts for newborn Americans, similar to the new Trump Account program, ... Read more ›
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Microsoft’s Xbox gaming unit plans to cut staff in the coming months as its financial picture worsens, according to someone with knowledge of the plans. In a note to staff Wednesday, CEO Asha Sharma said that Xbox’s “accountability margins”—a term Microsoft uses internally to refer to profit ... Read more ›
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Oracle reported 21% higher revenue of $19.2 billion in the three months to May, its final quarter for its fiscal year. The growth rate was slightly slower than the previous quarter although on a constant currency basis—adjusting for foreign exchange changes, Oracle’s growth rate ... Read more ›
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We got big news in the past couple of days concerning a European court ruling against Google. But bear with me, this is not one of those knee-jerk anti-U.S. tech decisions we often see coming out of Europe. This ruling makes some sense—and could have broader implications for the AI sector. A court in Germany found that Google is responsible for what its AI models say in AI-written answers to... Read more ›
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Google is considering giving Samsung Electronics a crucial role in making a component of one of its most advanced future AI chips, as the ongoing manufacturing capacity crunch pushes chip firms to look for suppliers beyond Taiwan Semiconductor Manufacturing Co. The U.S. tech giant is in talks with Samsung to manufacture part of a next-generation tensor processing unit—Google’s specialized AI chip used in its cloud data centers—with Samsung’s 2-nanometer production... Read more ›
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DoorDash launched a new AI assistant, Ask DoorDash, that customers can use to search for restaurants, shop for groceries and place orders in its app. In the coming weeks, customers will also be able to use the assistant to create restaurant reservations. DoorDash cofounder Andy Fang said that in ... Read more ›
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Anthropic’s latest AI is so good at coding tasks that many firms are willing to pay top dollar to use it even as Anthropic effectively raises prices. But some customers are holding off over cybersecurity concerns.In releasing its latest model, Claude Fable, Anthropic started a new policy of holding onto any data that customers feed into the model for 30 days to ensure malicious actors aren’t using the model for... Read more ›
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Meta Platforms has fully separated its operations from Manus after Chinese authorities ordered the companies to unwind their $2 billion acquisition deal, Bloomberg reported, citing people familiar with the matter. The parent of Facebook, Instagram and WhatsApp has halted data sharing with Manus, ... Read more ›
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17.06.2026 13:42
Last update: 13:35 EDT.
News rating updated: 20:30.
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