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Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has been gearing up to launch an international cryptocurrency derivatives exchange, according to two people familiar with the matter.
The collapse of FTX, one of the top international exchanges with significant market share in derivatives trading, in November opened the door for more potential competitors who are looking to fill the gap. Coinbase, the top U.S. crypto exchange, has also been working to build up its overseas business.
But.
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The Trump administration has been something of a pendulum in its position on the war in Ukraine, swinging between pro-Ukraine and pro-Russia positions over the past year. This week, it is swinging hard toward Moscow.Ā Earlier this week, Axios reported on a new 28-point Trump administration plan to end the war in Ukraine, echoing the [ā¦] Read more āŗ
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Nothing Phone 3 owners, your Android 16 update is here. Owners of other models? Well, youāll have to wait a bit longer. Regardless, the company's Nothing OS 4.0 update brings Google's newest mobile software, along with a bunch of UI tweaks.In addition to Android 16, Nothing OS 4.0 should deliver a smoother, zippier experience. The company promises "faster responses, cleaner visuals, smoother interactions" and more. Along those lines, app transitions,... Read more āŗ
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At Teslaās annual meeting earlier this month, shareholders showed little enthusiasm for a proposal that the electric vehicle maker invest in one of CEO Elon Muskās other companies, xAI. But Muskās revelation at the meeting that Tesla is considering building its own chip fabrication plant signaled another way his two companies could work together. Musk had already discussed plans for such a chip fab internally at Tesla months before the... Read more āŗ
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Microsoft will invest $5 billion in Anthropic, and Nvidia will invest $10 billion in the startup, the three companies announced on Tuesday. Meanwhile, Anthropic will spend at least $30 billion to rent servers from Microsoftās Azure cloud equipped with Nvidia chips over an unspecified period, and ... Read more āŗ
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Appleās succession plans for its next chief executive have accelerated, with its board and senior executives preparing for current CEO Tim Cook to step down potentially next year, according to the Financial Times. Any announcement of succession likely wonāt happen until after late January when ... Read more āŗ
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Before we get to Gemini 3, we want to highlight this morningās news that former Harvard University President Larry Summers has resigned from OpenAIās board of directors following a congressional committeeās release of emails showing a personal correspondence between him and convicted sex offender Jeffrey Epstein. Summers had been on the board of the ChatGPT-maker for two years. His departure follows his decision to step back from public commitments in... Read more āŗ
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Welcome, Weekenders! In this newsletter:⢠The Big Read: Inside Grindrās boardroom feud ⢠Plus, our Recommendations: āHarry Potter and the Sorcererās Stone,ā āA Biography of a Mountainā and āMaterialistsāA bit of housekeeping: The Informationās Weekend section is looking for a reporter for a beat weāre calling ātech wealth and culture.ā This person will cover how Silicon Valleyās moguls live largeātheir pursuits, their pastimesāand how they spend their money. Hereās a... Read more āŗ
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The White House is working on an executive order that will direct the Justice Department to sue states that pass their own laws regulating artificial intelligence, according to a draft of the order reviewed by The Information. The order, which is still in the drafting phase, could change. The timeline for when it will be formally announced is also unclear. The move is part of a long-standing effort this year... Read more āŗ
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Thinking Machines Lab, the company co-founded by ex-OpenAI Chief Technology Officer Mira Murati, is in talks with potential investors to raise about $5 billion in the startupās next round of funding, according to a person who spoke with Murati. That target would more than triple the capital the ... Read more āŗ
11
Crypto exchange Kraken said on Wednesday it has confidentially filed for an initial public offering in the U.S., moving ahead with its plan to list despite a recent-sell of crypto-related stocks. The filing comes a day after it raised $200 million from Ken Griffinās Citadel Securities at a $20 ... Read more āŗ
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SoftBank plans to invest up to $3 billion to remodel an electric vehicle plant in Lordstown, Ohio, that will produce equipment for OpenAIās forthcoming data centers, according to two people with knowledge of the plans. The Japanese conglomerate, one of the largest investors in OpenAI, will use the factory to supply data center sites in Texas and multiple other unannounced locations, the people and another person with knowledge of the... Read more āŗ
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Blockchain.com, a crypto brokerage and wallet provider, is planning to go public next year, the companyās newly named co-chief executive revealed, aiming to list after several volatile years. The company said it promoted its president Lane Kasselman to be co-CEO, alongside its founder and CEO Peter Smith, as part of its listing efforts. Kasselman isĀ a former Uber executive who has worked for the crypto firm for five years. The... Read more āŗ
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21.11.2025 15:40
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