Some of the largest custodial banks are interested in crypto custody but are hindered by the SEC rule SAB 121, which establishes accounting standards — - Coinbase, BitGo have been among the dominant service providers — SEC rule seen making it impractical for banks to do custody
Google Pixel 9 Pro teardown: impressive repairability for a foldable, with a highly modular design that separates high mechanical wear parts like the USB-C port — The Pixel 9 Pro Fold has come a long way since the first generation Pixel Fold. That's because unlike other foldable smartphones …
OpenAI should've stuck with the name Strawberry for o1, avoiding user confusion between models named 4o and o1, and helping humanize the tech — They're wrong, but there are other, more pressing product questions... Well, what was coming in “the next couple of weeks” ended up being “the next couple of days” — here's Kylie Robison:
A profile of Chase Herro, who calls himself the “dirtbag of the internet” and sources say is the dealmaker behind Trump's crypto project World Liberty Financial — 'If you do this right, who f—ing cares if it goes to zero,' Chase Herro once said of crypto.
An overview of California's AI safety bill SB 1047, which easily passed the state's legislature, as it awaits Governor Newsom's signature or veto before Sep. 30 — California's Gavin Newsom has until September 30 to decide whether to sign legislation that will reach far beyond the state
The White House plans to curb the “overuse and abuse” of the de minimis loophole used by Shein and Temu, which exempts packages worth $800 or less from tariffs — The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” …
Sources: Microsoft has pitched its AI to ExxonMobil, Chevron, and others to find and develop oil and gas reserves while publicly committing to reduce emissions — Microsoft executives have been thinking lately about the end of the world. In a white paper published late last year, Brad Smith …
Apple to allow iPad users in the EU to install alternative app stores, starting with iPadOS 18 launch on September 16 — It was a matter of time, but Apple is going to allow third-party app stores on the iPad starting next week, on September 16. This change will occur with the next major release …
Analysis: VC investments in AI startups have reached $64.1B, ~30% of total VC dollars invested, so far in 2024 amid questions about whether it will pay off — Tech giants and investors are shoveling cash into artificial intelligence amid questions about whether it will pay off
Memo: Microsoft is laying off 650 staff from its gaming business, bringing the cuts in its gaming business to 2,550 jobs since acquiring Activision Blizzard — No games canceled or studios closed this time. — Microsoft is laying off a further 650 staff from its gaming business …
A look at the tough options before Intel's board, including scaling back factory projects, selling off subsidiaries, or splitting Intel's core operations — CEO Pat Gelsinger's plan to spend the chipmaker back to relevance nears the end of its runway. — A slow-motion disaster …
Chainalysis: payments in Singapore using stablecoins reached a record high of almost $1B in Q2, led by transactions at merchant outlets — - Digital-asset consultancy Chainalysis releases a crypto study — Stablecoin usage remains a small fraction of overall payments
Mistral releases its first multimodal model, Pixtral 12B, available on GitHub and Hugging Face, and via API “soon” — French AI startup Mistral has released its first model that can process images as well as text. — Called Pixtral 12B, the 12-billion-parameter model is roughly 24GB in size.
Riot Platforms plans the world's largest bitcoin mine in Corsicana, a former Texas oil boom town, using a liquid immersion system, despite residents' protests — A cash-strapped city in rural Texas will soon be home to the world's largest bitcoin mine. Local protesters are “raising hell.”
A surge in scams poses a serious image problem for Revolut, which faces more complaints than its large UK rivals about authorized push payment scams — The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.
Dan Goodin / Ars Technica : Law enforcement agencies shut down a service offered by iServer, a phishing-as-a-service platform, which was ...
