Business News
White House weighs executive order to fast-track deep-sea mining, sources say
New York Post - 1 Apr 2025 00:55
The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources...
OpenAI to release open-source model as AI economics force strategic shift
Venture Beat - 1 Apr 2025 02:44
OpenAI plans to release its first open-weight AI model since 2019 as economic pressures mount from competitors like DeepSeek and Meta, marking a significant strategic reversal for the company behind ChatGPT.
How Tesla became a battleground for political protest
The Guardian - 1 Apr 2025 15:08
As demonstrations against Elon Musk and his political ties spread, Tesla owners find themselves caught in a growing debate - turning a once-iconic brand into a symbol of division Over the weekend, protesters gathered at ...
The Finnish defence firms 'on steroids'
BBC - 1 Apr 2025 01:06
Helsinki has become one of the top five cities in Europe for investment in defence and security technologies.
Brazil Bans Retirement Funds From Investing in Cryptocurrency
Bitcoin.com - 1 Apr 2025 16:30
The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and...
Harrods challenges survivors' law firm's compensation cut
Sky News - 1 Apr 2025 15:44
Harrods is urging lawyers acting for the largest group of survivors of abuse perpetrated by its former owner to reconsider plans to swallow a significant chunk of claimants' compensation payouts in fees.
Jensen Huang and Michael Dell are out of the $100 billion club after a terrible quarter for stocks
Business Insider - 1 Apr 2025 15:36Hooters files for bankruptcy amid $376M debt as chain's founders seek to take control, bring restaurant 'back to its roots'
New York Post - 1 Apr 2025 15:28
Hooters, like other casual dining restaurants, has struggled in recent years due to inflation, the high costs of labor and food, and declining spending by cash-strapped American consumers.
Traders looking for support as costs rise
BBC - 1 Apr 2025 14:05
Shopkeepers on Bridgnorth high street are likely to feel the pinch as bills rise this April.
SEC Nigeria to Regulate Virtual Asset Service Providers Under New Law
Bitcoin.com - 1 Apr 2025 00:30
Nigeria has taken a significant step towards regulating cryptocurrencies with the signing of the Nigerian Investments and Securities Act (ISA) 2025 into law. Cryptocurrency Officially Recognized As Asset Class The Nigeri...
Fighting Elon Musk, One Tesla Dealership at a Time
The New Yorker - 1 Apr 2025 00:22
"It's ironic that, as a pro-democracy and pro-climate group, we're protesting against electric cars," one activist said. "But you cannot sacrifice our democracy for one piece of the thing."
Former Monero Maintainer Warns About Upcoming Wave of AI-Assisted KYC Fraud
Bitcoin.com - 1 Apr 2025 23:45
Former maintainer of Monero Ricardo Spagni, known in crypto circles as Fluffypony, has alerted about the collapse of the current Know Your Customer (KYC) strategies at the hands of artificial intelligence (AI) tools. On ...
Trump-affiliated crypto mining venture mulls IPO -- Report
Coin Telegraph - 1 Apr 2025 23:37
American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, ...
Shuttered celebrity haunt Nello to reopen at luxe Midtown tower
New York Post - 1 Apr 2025 23:17
Real estate mogul and former hot dog franchise king Thomas Makkos signed the lease at 62 W. 55th St. and hopes to lure back Nello's many boldface regulars.
ChatGPT sees record-breaking month following latest rollout and mania over Studio Ghibli-style images
Business Insider - 1 Apr 2025 23:08AI Coins Rebound as OpenAI's $40B Raise Sparks Fresh Momentum
Bitcoin.com - 1 Apr 2025 23:05
Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan's Softbank, Microsoft, and other investors. With this latest round, OpenAI�...
How the athlete mindset can make you a better entrepreneur
Fast Company - 1 Apr 2025 23:05
You don't have to be an Olympian to train to improve, adapt, and bounce back from setbacks. The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs wh...
ZeniMax workers vote to strike over Microsoft negotiations
Venture Beat - 1 Apr 2025 22:59
ZeniMax Workers United voted overwhelmingly in favor of a strike over contract negotiations with parent company Microsoft.
OpenAI has $20 billion to win or lose in its race to become a for-profit
Business Insider - 1 Apr 2025 22:55
The ChatGPT maker has announced $40 billion in new funding, but $20 billion of that will depend on its controversial for-profit restructuring.