Saturday, May 3, 2025

Arizona Governor Katie Hobbs calls crypto an "untested investment" and vetoes a bill that would have allowed the state to invest in bitcoin using seized funds (Francisco Rodrigues/CoinDesk)

Francisco Rodrigues / CoinDesk:
Arizona Governor Katie Hobbs calls crypto an “untested investment” and vetoes a bill that would have allowed the state to invest in bitcoin using seized funds  —  The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.  —  What to know:



Sources: Apple plans to launch iPhone 18 Pro models, a thin iPhone 18, and a foldable iPhone in 2026 fall but the standard iPhone 18 in spring 2027 (Wayne Ma/The Information)

Wayne Ma / The Information:
Sources: Apple plans to launch iPhone 18 Pro models, a thin iPhone 18, and a foldable iPhone in 2026 fall but the standard iPhone 18 in spring 2027  —  After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically.  Later this year it's expected to introduce …



Some international startup founders say they are canceling travel plans or reconsidering moving to the US due to Trump administration's immigration crackdown (Madeline Renbarger/Newcomer)

Madeline Renbarger / Newcomer:
Some international startup founders say they are canceling travel plans or reconsidering moving to the US due to Trump administration's immigration crackdown  —  Plus, a16z leads the most Series A rounds for future unicorns … For startups, runway is everything.



How Namma Yatri, an open-source ride-hailing app, forced Uber, Ola, and Rapido to adopt its no-commission, subscription model for auto-rickshaw drivers in India (Indulekha Aravind/Rest of World)

Indulekha Aravind / Rest of World:
How Namma Yatri, an open-source ride-hailing app, forced Uber, Ola, and Rapido to adopt its no-commission, subscription model for auto-rickshaw drivers in India  —  Namma Yatri, launched by a SoftBank-backed fintech firm, pioneered the zero-commission model.  Now other ride-hailing apps are rethinking their strategy.



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...