Business News
New Senate Bill Empowers US Secret Service to Combat Digital Asset Cybercrimes
Bitcoin.com - 5 Aug 2024 02:30
U.S. senators have introduced legislation to empower the Secret Service to combat cybercrimes involving digital assets. This legislation addresses the growing use of cryptocurrencies for illicit activities and mandates t...
Nvidia, Apple propel 'Magnificent Seven' toward $650 billion market-cap wipeout
Market Watch - 5 Aug 2024 16:35This stock is seeing a rare gain as increased volatility prompts an upgrade
Market Watch - 5 Aug 2024 16:29Apple leads tech rout after Berkshire Hathaway sells more than half of its stake
Business Insider - 5 Aug 2024 16:20Dow plunges more than 1,000 points as global stock rout deepens on recession fear
Business Insider - 5 Aug 2024 15:58An emergency rate cut in the next week is looking more likely
Business Insider - 5 Aug 2024 15:54Asia markets slump after global rout last week
BBC - 5 Aug 2024 03:51
Japan's Nikkei 225 and Topix stock indexes drop as much as 7%, continuing a global sell-off.
US expected to propose barring Chinese software in autonomous vehicles
New York Post - 5 Aug 2024 03:41
The US Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter.
Bitcoin crashes below $53K wiping out $600M in leveraged longs
Coin Telegraph - 5 Aug 2024 03:36
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and other cryptocurrencies tumbled sharply.
Recession fears rattle U.S. stock market. Can Wall Street's 'Great Rotation' trade roll on?
Market Watch - 5 Aug 2024 00:09Shares of Hims & Hers, known for hair-loss treatments and Viagra, rally amid market panic
Market Watch - 5 Aug 2024 23:54Fed, FDIC finalize guidance on resolution plans for large non-systemic banks
American Banker - 5 Aug 2024 23:53
The guidance largely matches last summer's proposal, with clarifications around least-cost determinations, foreign bank resolutions and resolution strategies. Regulators also gave banks more time to file their living wil...
Years ago, I gave my son $16,000 with no strings attached. My husband wants him to pay it back — what should I do?
Business Insider - 5 Aug 2024 23:53AI won't kill your computer science degree, professors say
Business Insider - 5 Aug 2024 23:36Chegg follows Udemy in calling for tougher times ahead for edtech companies
Market Watch - 5 Aug 2024 23:33Saudi Arabia Becoming Hub for Web3 Startups Seeking Investment, Report Says
Bitcoin.com - 5 Aug 2024 23:30
Saudi Arabia's emergence as a top venture capital investment destination in the Middle East and North Africa offers an opportunity for Web3 startups seeking funding. However, the latest Adaverse report acknowledges that ...
Elon Musk's X to reportedly shutter San Francisco office
New York Post - 5 Aug 2024 23:27
In a staff memo on Monday, X CEO Linda Yaccarino said the office closure will occur "over the next few weeks" and described the decision as "the right one for our company in the long term."
Why JD Vance's plan to follow Kamala Harris and her VP pick on their swing-state tour is a big gamble
Business Insider - 5 Aug 2024 23:27
The GOP vice presidential nominee plans to follow Harris and her running mate for three days and across four swing states beginning on Tuesday.
Judge approves SVB parent bankruptcy plan
American Banker - 5 Aug 2024 23:26
Judge Martin Glenn of the Federal Bankruptcy Court of the Southern District of New York greenlighted SVB Financial's bankruptcy plan Monday, but $1.93 billion in FDIC-held deposits remain contested pending further litiga...
Runway Gen-3 Alpha can now bookend your AI videos. Creators, take note
Venture Beat - 5 Aug 2024 21:46
Runway's Gen-3 Alpha AI video tool now allows creators to bookend videos with specific images, transforming AI-generated content and challenging industry giants.
Groq secures $640M to supercharge AI inference with next-gen LPUs
Venture Beat - 5 Aug 2024 20:20
Groq raises $640M in Series D funding to transform AI inference with next-gen Language Processing Units (LPUs), aiming to become the largest non-hyperscaler AI compute provider by 2025.
Warner Bros launches Beetlejuice Roblox experience with virtual box office
Venture Beat - 5 Aug 2024 18:49
Warner Bros brings Beetlejuice to Roblox in a new branded experience, along with a virtual Fandango box office for buying real tickets.