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In early June, the U.S. Department of Justice sent a memo to its attorneys working on digital currency cases with a warning: They should expect less cooperation from the world’s largest crypto exchange, Binance, on future cases.
The email came from Rachel Jones, the Justice Department’s digital currency counsel, and cc’d top attorneys such as Kevin Mosley. In 2023, Mosley prosecuted the department’s case against Binance, which charged the exchange and its CEO, Changpeng Zhao, with money laundering and Bank
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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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The probe is set to become the third human-made object to leave the solar system, but it must first cross this mysterious boundary. Read more ›
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Funding comes through Emissions Reduction Alberta’s Drilling Technology Challenge and will support 10 projects. Read more ›
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ChatGPT's voice assistant quirks were fodder for internet punchlines. Its new update aims to make talking with AI feel more human. Read more ›
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Samsung is holding its next Unpacked event on July 22 in London, the company has recently confirmed. Ahead of that, today a series of leaks has brought us official-looking renders for all of the smartphones and smartwatches that are expected to be unveiled at the event. So, without further ado, let's take a look, starting with the Galaxy Z Fold8, which will be the wide foldable intended to compete head-on... Read more ›
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Golden Lap, quite the popular title on Steam, is now available on Android and iOS. In the game, you become team boss of an open wheel racing team. Basically, it’s F1: Drive to Survive and you’re the new Guenther Steiner. The game is quite minimal in terms of graphics and gameplay. You choose your drivers,... Read the original post: Golden Lap Now on Android Read more ›
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The new strategy creates a vast network to detect and strike targets, an approach shaped by lessons from Ukraine. Read more ›
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An LLM-based ransomware attack has been detected by researchers, and is notable for losing the data it encrypted... Read more ›
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The next Galaxy Z Flip is expected to be announced at Samsung's Unpacked event on July 22. Read more ›
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The longer I cover the money behind AI, the more I learn about new markets opening up to data center developers or operators, chip manufacturers and others looking for money to build ambitious AI projects. That’s what makes this job so interesting. For the past several months, I’ve been wondering about a market I keep hearing referred to by the Securities Act of 1933 rule that governs it: Rule 144A.... Read more ›
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Denis Villeneuve's sci-fi trilogy comes to an end this December with Timothée Chalamet, Zendaya, and more. Read more ›
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I hate cameraless smart glasses, so I’m glad Meta just solved a big vulnerability with its specs. Read more ›
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The "not interested" feature is your friend, but users must intentionally and constantly curate their FYPs Read more ›
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TS Imagine has expanded TradeSmart to cover leveraged, syndicated and distressed debt loans alongside bonds, swaps and other fixed income assets. Read more ›
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Crypto infrastructure startups have spent years building faster blockchains and better developer tools. N1 is taking a different route. The Founders Fund-backed Layer 1 blockchain has agreed to acquire 01 Exchange, a decentralized derivatives platform that has already processed more ... Read more ›
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The erotic thriller was removed from Universal's theatrical release calendar after 'M3GAN 2.0' proved to be a box office disappointment. Read more ›
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New research finds that outdoor New York City cats are often carrying parasites that can cause human disease. Read more ›
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The Information
Financial data companies such as FactSet and Moody’s appear to have made progress reassuring investors that they won’t be replaced by finance-focused AI tools. But investors may have new questions these days around how the uncertainty of AI costs will affect usage of these businesses’ products.Investors were spooked when Anthropic and others touted AI products for finance and other professions earlier this year. Companies like FactSet, Moody’s, S&P Global and... Read more ›
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8VC, the venture firm run by Palantir co-founder Joe Lonsdale, raised a $1.5 billion fund—the firm’s seventh and largest—aimed at investing in manufacturing, defense tech and healthcare, Lonsdale announced in a post on X. The Austin-based firm’s fundraise comes 15 months after the firm raised ... Read more ›
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Two senior executives in Uber’s data-labeling business have recently left their positions, the latest senior reorganization at the ride-hailing company. Pankaj Kamat, director of product at Uber AI Solutions, and Naga Kasu, senior director of engineering for AI Data Infrastructure, have ... Read more ›
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Could it be that Wall Street has a soft spot for refurbished internet brands? Bending Spoons, the Italian company whose stated mission is buying and overhauling left-for-dead digital businesses—such as AOL, Evernote and Vimeo—got a 40% pop on its first day as a public company on Wednesday. It was a much more impressive debut than the 4% pop scored by the other company going public on Wednesday, scooter rental firm... Read more ›
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Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too. It’s promising to financially backstop young cloud providers that rent out its graphics processing units in exchange for a share of their revenues. The backstop would come in the form of promising to rent back unused GPUs if the companies can’t find AI developers to rent them,... Read more ›
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Nvidia is promising to financially backstop young cloud providers that rent out its graphics processing units in exchange for a share of their revenues, The Information reported Wednesday. The backstop would come in the form of promising to rent back unused GPUs if the companies can’t find ... Read more ›
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Chinese e-commerce giant Alibaba Group and its affiliated payment processor AUS Merchant Services agreed to pay $600 million to resolve U.S. allegations that they failed to prevent illegal sales of pharmaceuticals, controlled substances and related equipment through Alibaba’s e-commerce ... Read more ›
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Signs that Microsoft is open to spinning off its struggling Xbox gaming unit have put the spotlight on the tech conglomerate’s vast mix of businesses. Investors typically don’t like conglomerates, and that’s as true for Microsoft as for any other such company. We calculated what Microsoft’s three main businesses—cloud, software and personal computing—would be worth if each was trading at valuations in line with rivals in those sectors. The total... Read more ›
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Microsoft on Thursday announced the creation of a new business unit geared towards helping large customers set up customized AI applications, commercial CEO Judson Althoff announced. Microsoft is spending $2.5 billion and assigning 6,000 employees to the effort, called Microsoft Frontier ... Read more ›
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Anthropic has begun early-stage work on its own AI chip and held talks with Samsung Electronics as a potential manufacturing partner, following the lead of rival OpenAI in trying to get more control over the costly computing systems behind its models, according to three people with direct knowledge of the project. If the Claude maker goes ahead with the chip, it would be a relative newcomer in developing its own... Read more ›
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08.07.2026 14:41
Last update: 14:35 EDT.
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