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In 2022, Zach Abrams, co-founder and CEO of stablecoin startup Bridge, was staring into the abyss.
The price of TerraUSD—one of the largest of the stablecoins, cryptocurrencies pegged to the U.S. dollar—collapsed, casting a pall on everyone working with stablecoins. Then, a few months later, Sam Bankman-Fried’s FTX imploded. For Bridge, which hadn’t even yet publicly launched any product, it was a grim beginning.
“You had this very bad moment for stablecoins coupled with this very bad moment for crypto ov
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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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0 newcommer
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The Pentagon has added Alibaba, BYD, Baidu, Unitree, and other Chinese companies to its list of firms it says support China's military, barring them from U.S. defense contracts. The companies and China's embassy deny the allegations. The Associated Press reports: Created in 2021 by a congressional mandate, the list (PDF) seeks to identify Chinese companies that the Pentagon considers to have links to the Chinese military -- not only those... Read more ›
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Looking for NYT Connections answers and hints? Here's all you need to know to solve today's game, plus my commentary on the puzzles. Read more ›
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Apple updated its App Store Review Guidelines this week, adding stricter language around low-quality apps. The 4.3 Spam rule already barred overly simple apps in saturated categories, but Apple now includes language saying low-effort apps could be pulled from the App Store. Apps in oversaturated categories that are not updated, improved, or do not attract customers may be removed, according to Apple. App Guideline 4.3(b) New Language: Don't submit apps... Read more ›
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Think the U.S. military still has the largest maritime force? Discover why defense analysts are sounding the alarm over China's new destroyer fleet. Read more ›
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Sony’s 2026 home theater lineup includes the new BRAVIA 9 II, BRAVIA 7 II, BRAVIA 8 II, and Theater Trio. Here’s what True RGB brings to the table and which products stand out in the company’s latest lineup. Read more ›
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Financial analysts, CEOs, and researchers dissect how OpenAI is positioned as it enters a new phase of the AI race: preparing to go public. Read more ›
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The robotaxi company paid $220 million for the former proving ground where Apple tested its now dead self-driving car project. Read more ›
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Astrophysicists increasingly fear artificial intelligence could weaken scientific reasoning while transforming research, publishing, training, and academic culture worldwide. Read more ›
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At its Worldwide Developers Conference, Apple announced a new feature coming to its App Store: Personalized Collections. In fact, these are app and game recommendations tailored to you. They will be based on your interests, and will come with App Notes that explain why specific apps are recommended. The tailored recommendations can appear on the Apps, Games, and Search tabs, and they will evolve over time based on your app... Read more ›
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US citizens are doing their best to get data centers banned, but the revenue and investment is too juicy for some industries to resist. Read more ›
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Garages tend to get messy fast in summer, but a few routine cleaning habits can help keep dirt, yard debris, clutter, and grime under control. Read more ›
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The Information
Snowflake and AtScale, a startup provider of software that companies like Toyota and Cardinal Health use to define consistent business metrics from their data, announced that they’re working together on a product that could help customers avoid getting caught in the AI data wars. The ... Read more ›
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The poor souls responsible for technology buying decisions at companies must be overwhelmed these days. Not only does seemingly every other tech firm want to send consultants—invariably calling themselves forward-deployed engineers as though they’re on maneuver in the desert—to help companies learn how to use their AI services, but the array of AI product choices seems to grow daily. On Tuesday, for instance, OpenAI held an event in New York... Read more ›
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SpaceX’s $75 billion offering will impact a lot more than just the employees and investors who are looking to cash in on their stock. It will also be a gauge of enthusiasm for tech IPOs, helping set the stage for other mega IPOs like Anthropic and OpenAI. If SpaceX’s IPO doesn’t take off, “you’d see a pullback in institutional capital that would have been available for other IPOs that want... Read more ›
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Walmart is trying to make its Sparky assistant smarter and more capable for shoppers by collecting more real-world data on how people shop inside its 3,500-plus U.S. superstores. Gathering more in-store information has been a focus for the company since Sparky launched about a year ago, said Hari Vasudev, Walmart’s U.S. chief technology officer, and the retailer plans to expand those efforts. That could include tracking when shoppers talk with... Read more ›
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OpenAI’s Codex—which was once pitched as a coding agent for developers and is now being framed as a more general-purpose agent for knowledge workers—is having a moment, as OpenAI chief revenue officer Denise Dresser put it on Tuesday. As I wrote about in this story from Tuesday, lots of developers are making the switch from Anthropic’s more popular Claude Code tool to Codex, as OpenAI has made its models and... Read more ›
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Employee engagement and satisfaction surveys sound simple: Ask your workers about their experience, and then see what they have to say. But in practice, these survey cycles often turn into months-long marathons, with HR teams sometimes taking weeks to agree on the right questions and then manually combing through messy, unstructured data after the results come in. By using Gemini as both a brainstorming partner and a data assistant, HR... Read more ›
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Google’s parent company Alphabet said on Wednesday that it was increasing the size of its equity raise to $84.75 billion from $80 billion. The bulk of the money—Google’s first time selling new stock since 2005—is earmarked for spending on AI infrastructure and compute, highlighting the cost of ... Read more ›
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Meta Platforms is expanding its AI agent offerings for businesses as part of its broader push to monetize AI products and services. At its Conversations business messaging conference on Wednesday, Meta announced it is bringing Meta Business Agent to Instagram and launching the Meta Business ... Read more ›
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Alphabet’s plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough, given the capital raise’s size and the fact that the company last raised equity 21 years ago, when Gwen Stefani’s “Hollaback Girl” was the song of the summer. But there’s another eye-catching detail in the offering’s fine print that reflects an underappreciated reality of big tech’s AI... Read more ›
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Stripe, Visa, Mastercard and Coinbase are planning to form a consortium to issue a new stablecoin, according to people familiar with the matter, seeking to challenge the dominance of Circle and Tether, the two biggest issuers that make up 80% of market share currently. The new stablecoin will be ... Read more ›
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09.06.2026 19:11
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