84 place 25
Jane Street, a Wall Street powerhouse, more than tripled its crypto trading in 2024 during the market rebound, boosted by bitcoin exchange-traded funds and the expected easing of crypto rules under President Donald Trump.
The New York–based company purchased $110 billion worth of cryptocurrencies, including stablecoins, and sold $110 billion worth of cryptocurrencies last year, according to financial documents seen by The Information. In 2023, it bought $31 billion in crypto and sold $30 billion in crypto.
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The Information
Donald Trump's sons unveiled a new Trump Mobile service on Monday. Among the new offerings will be a $500 gold-colored smartphone. Read more ›
10,427 fresh
Combat missions against Iran are the most challenging that an F-35 has flown, showcasing the jet's capabilities, an airpower expert said. Read more ›
5,147 fresh
Satellite images show multiple destroyed buildings at Iran's Natanz nuclear facility after Israeli forces launched airstrikes on Friday. Read more ›
4,717 fresh
The Elon Musk-led automaker has swept Cars.com's list of the "American-made" cars, with the Model 3 taking the title of the most American vehicle. Read more ›
3,159
Tech leaders from Palantir, Meta, and OpenAI have joined the Army Reserve, bypassing traditional training to chase transformation. Read more ›
2,647 fresh
The debate about the Minnesota shooter's politics is now a predictable manifestation of America's polarization. Read more ›
2,279 fresh
If recent reports are true, we likely won't be seeing Microsoft's next-generation Xbox console until 2027 at the earliest. But that hasn't stopped the company from teasing a couple of details - including backward compatibility and vague handheld allusions - as it announces a partnership with AMD to co-engineer the bits inside. Read more Read more ›
1,677 fresh
The "Appeal To Heaven" flag, a popular symbol for Christian nationalists that was waved by January 6 rioters, was raised over the Small Business Administration headquarters last week. Read more ›
1,650 fresh
Trump has supported use of asbestos and blamed the mob for its bad reputation. Read more ›
1,202 fresh
Nakoa-Wolf Momoa and Ida Brooke have joined 'Dune Messiah' as the children of Timothée Chalamet and Zendaya's characters. Read more ›
1,101 fresh
Iran’s state broadcaster, which was bombed mid-broadcast by Israel on Monday, was many things to many people. It was the employer of hundreds of journalists, some of whom were injured in the attack, prompting protests from press freedom organizations. It was also the propaganda arm of a repressive regime, which has broadcast the “confessions” of […] Read more ›
1,036 fresh
The surprise announcement marks a significant milestone toward the Japanese car manufacturer's goal of achieving suborbital spaceflight by 2029. Read more ›
1,027 fresh
The dust is beginning to settle on iOS 26, but there is one more smaller improvement that we wanted to make sure that we highlighted: the ability to set custom ringtones on the iPhone without using the GarageBand app. To set a custom ringtone on iOS 26, open the Files app and tap on an MP3 or M4A audio file that is less than 30 seconds long. Next, tap on... Read more ›
811 fresh
New research finds that cannabis users are two times more likely to die from cardiovascular disease than non-users. Read more ›
724 fresh
Trump Mobile says its T1 smartphone will be made-in-America, but online investigators aren't so sure. Read more ›
711 fresh
R. Kelly's lawyer said the singer was hospitalized after prison officials gave him a medication "overdose." Prosecutors call it "a fanciful conspiracy." Read more ›
684 fresh
Andy Jassy's AI-driven planned workforce reductions at Amazon prompts employee backlash and calls for a shift in leadership approach. Read more ›
663 fresh
The latest covid variant, NB.1.8.1, is spreading fast and could fuel a summer surge. Read more ›
654 fresh
The Information
Demand is rising for AI-powered robots that can clean offices or roll around moving items from one part of a building to another, allowing businesses to save on labor costs. But the upfront costs of these robots, which can cost hundreds of thousands of dollars apiece, can put them out of reach.Now, financiers are stepping in to front the cost of these machines. Cardinal Robotics, which sells cleaning robots that... Read more ›
60
Databricks will soon host Google’s Gemini models as part of an expansion of a four-year-old strategic partnership between the companies that will be announced later today, Ali Ghodsi, co-founder and CEO of Databricks, said in an exclusive interview at the company’s customer conference. The ... Read more ›
50
OpenAI has talked to Saudi Arabia’s Public Investment Fund, Indian conglomerate Reliance Industries and existing shareholder United Arab Emirates’ MGX about investing in the next installment of its $40 billion financing led by SoftBank, according to two people familiar with the fundraise. The investors could put in at least hundreds of millions of dollars each, they said. An investment in OpenAI by Saudi Arabia’s $900 billion–plus wealth fund would underscore... Read more ›
45
Meta Platforms CEO Mark Zuckerberg has tried to fix a seemingly existential problem in recent months. His company’s large language model, Llama, was falling behind competitors and struggling to perform as well as models from OpenAI, particularly on complex tasks. Increasingly, Zuckerberg turned to an unlikely person for advice: Alexandr Wang, CEO of Scale AI, whose startup did the relatively low-grade work of hiring human experts to improve artificial intelligence... Read more ›
41
Nvidia recently debuted a cloud service enabling artificial intelligence developers to rent server chips directly from the chip designer, part of its push into the cloud market dominated by Amazon and Microsoft. In doing so, Nvidia is encroaching on the turf of CoreWeave and dozens of other up-and-coming firms that sell the same type of service. Nvidia executives told the firms they could make their AI servers available to customers... Read more ›
38
Snapchat has realized the limits of disappearing content—especially when it comes to attracting creators. On Thursday, the app said users will be able to automatically save their disappearing Stories to their public profiles. That’s a big change, and it’s one that should help make the app more of a destination for creators, whose Instagram, YouTube and TikTok profiles give fans—and advertisers—a taste of their content. Read more ›
18
A recent delivery dealmaking frenzy in Europe has kicked off a race between DoorDash, Uber and investment firm Prosus, as the three firms aim to grab more business in the already fiercely competitive market. Some of that has been playing out publicly, with a series of rapid-fire announcements. But behind the scenes, U.S. delivery archrivals DoorDash and Uber have also been fighting over some of the same deals. DoorDash made... Read more ›
15
Venture capitalists can’t stop betting on startups that are developing artificial intelligence to automate customer support, including those that are on pace to generate more than $100 million in revenue annually. In the latest examples, Intercom, a customer support software startup founded in 2011, is in talks to sell more than $100 million in shares to investors at a price that values the company at $2 billion or higher, according... Read more ›
12
The cost of acqui-hiring talent keeps rising! Meta Platforms agreed to shell out close to $15 billion for a 49% stake in data-labeling startup Scale AI, whose CEO Alexandr Wang will be joining Meta in a senior position, my colleague Cory Weinberg reported yesterday. I spoke with a number of Scale investors yesterday who shared their uncertainty about what the deal means for the company’s future.Just as important, though, are... Read more ›
11
Salesforce Challenges the Principle That Customers Control Their Data Read more ›
11
Most popular sources
Business Insider
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46% 10 |
Gizmodo
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9% 2 |
CNET
|
6% 3 |
Wired
|
4% 5 |
MacRumors
|
4% 1 |
| View sources » | |
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17.06.2025 20:03
Last update: 19:56 EDT.
News rating updated: 02:50.
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