The Securities and Exchange Commission gave the greenlight to DTCC, the main clearinghouse for U.S. financial markets, to record stocks on blockchain. DTCC said it received a no-action letter from the regulator, allowing it to launch the feature in the second half of 2026. DTCC will allow its ... Read more ›
11
Apple won back its right to charge for all transactions on the iPhone in the U.S., even in cases where the app developer uses an external payment system. In the decision from the 9th U.S. Circuit Court of Appeals—part of Apple’s prolonged legal battle with Epic Games—Apple also lost its attempt ... Read more ›
0
Michael Hsu, the former Acting Comptroller of the Currency under President Biden, has joined early-stage VC firm Core Innovation Capital as a venture partner. Hsu will work with founders to “anticipate regulatory hurdles” and engage with policymakers, supporting companies in fintech, embedded ... Read more ›
0
It’s not every day we write about debt in this newsletter, but tech investors are increasingly paying attention to credit as a growing source of funding for AI. One big question going into next year is whether lenders will have the stomach to continue backing massive data center projects.A recent debt offering from Blackstone-owned QTS, one of the largest U.S.-based data center developers, points to a potential solution: private credit. Read more ›
0
Pinterest is acquiring advertising technology company tvScientific, the companies announced. tvScientific helps smaller companies buy ads on streaming television. Pinterest has been looking to acquire an advertising technology company since earlier this year in an effort to boost its ad sales, ... Read more ›
2
Broadcom reported 28% higher revenue of $18 billion for its fourth fiscal quarter ended Nov. 2, driven by a 74% jump in AI chip revenue, reflecting how its business of helping companies like Google develop specialized AI chips is lifting Broadcom’s business significantly. Broadcom shares ... Read more ›
2
OpenAI on Thursday released a new flagship AI model, GPT-5.2 as the company tries to improve its ChatGPT chatbot and enterprise sales against rivals Google and Anthropic. The company said that the new generation of models are better at workplace-related tasks including creating spreadsheets, ... Read more ›
0
For years, thousands of companies have used Fivetran, a software tool for copying data between various applications and databases, including Salesforce apps. But earlier this year, Salesforce told Fivetran, a startup valued at more than $5 billion, that it would need to connect to Salesforce apps through the software giant’s app store, which takes a 15% commission for any sales generated on the store. If Fivetran didn’t do so, it... Read more ›
13
Harness, an eight-year-old startup that helps developers manage updates and scan for security bugs in AI applications, announced $240 million in Series E funding led by Goldman Sachs Alternatives at a valuation of $5.5 billion, up from $3.7 billion after its last round three years ago. The ... Read more ›
0
Is AI hurting American jobs? A bit, according to Federal Reserve Chair Jay Powell, whose comments Wednesday gave the AI fearmongers a good amount of material to work with.In a press conference, Powell said AI was “part of the story” behind the worsening unemployment that prompted the Fed to lower interest rates for the second time in two months. But he was quick to also say it was “not a... Read more ›
100
Nvidia plans to host a private summit next week with startups focused on solving data center power problems that could hold up the development of artificial intelligence, according to several people who were invited. The event, at Nvidia’s Santa Clara, Calif., headquarters, signals how energy ... Read more ›
0
Before we get to today’s column, we have to mention Disney and OpenAI’s big partnership announcement this morning. As part of a new three-year licensing agreement, OpenAI’s video app Sora and ChatGPT will be able to generate image and video content that includes characters such as Luke Skywalker, Darth Vader, Mickey Mouse and Iron Man from Disney’s extensive film and TV library. Disney+ users will be able to watch selections... Read more ›
0
Walt Disney Co. is investing $1 billion into OpenAI as part of a deal in which Disney is allowing more than 200 characters from its program library to be used in OpenAI’s Sora video-generating app. Among the characters that people will be able to use in Sora videos are Mickey Mouse, Cinderella, ... Read more ›
0
Throughout the past couple of years, as AI fever swept China’s technology sector, one giant—Tencent—seemed to mostly be sitting on the sidelines. The company, which owns the hugely popular WeChat app, didn’t seem enthusiastic to win a fierce race in the country to develop cutting-edge AI models, competing with the likes of DeepSeek, Alibaba and ByteDance. Now Tencent looks like it may finally be ready to fight the AI battle... Read more ›
5
The costs of Oracle’s AI data center expansion is becoming clear—and Wall Street isn’t happy. The software and cloud firm, which until recently was a solid moneymaker, said Wednesday it burned through $10 billion in cash in the November quarter thanks to a big ramp-up in capital expenditures on AI-focused data centers for its cloud business. Even more troubling for Wall Street: Oracle executives revealed on a conference call with... Read more ›
1
President Donald Trump said Wednesday that he thought the sale of Warner Bros. Discovery should include CNN, potentially complicating things for Netflix, which has reached a deal to buy WBD’s studio and streaming operations but not its cable channels such as CNN. Trump’s preference for a sale of ... Read more ›
2
Andreessen Horowitz is opening its first office in Asia, located in Seoul, as it expands its crypto arm in the region. A16z crypto said it has hired Sungmo Park, formerly with Monad Foundation and Polygon Labs, as its first staffer based in Asia, leading its Seoul office. Park will be the head ... Read more ›
0
Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said that in addition to tapping public and private debt markets, Oracle may let customers bring their ... Read more ›
0
Oracle shares fell more than 11% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter due to spending on data centers for artificial intelligence customers such as OpenAI. The cash burn, unprecedented in Oracle’s ... Read more ›
0
Pinterest has saved 90% of the cost of using brand-name AI by relying on open source models, according to Pinterest CEO Bill Ready. Speaking in an interview on The Information’s TITV, Ready said open source AI models were competitive with closed-source models developed by big tech ... Read more ›
0
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Business Insider
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30% 11 |
Gizmodo
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15% 10 |
The Verge
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8% 6 |
Tom's Hardware
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7% 34 |
Slashdot
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6% 3 |
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15.12.2025 15:49
Last update: 15:35 EDT.
News rating updated: 22:41.
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