Business / Finance
Tech stocks are suffering their biggest selloff since Covid, as investors see premature end to AI datacenter boom
Two days after voters overwhelmingly rejected data centers, the companies that make the chips, networking gear, and other tech for the facilities saw their stocks crushed.
DOJ Creates 'Super Intelligence' Task Force to Guard Against AI Abuse
Led by two senior DOJ officials, the Super Intelligence Task Force will target misuse by foreign governments, criminal groups and fraudsters—while pushing AI developers to tighten…
Wall Street’s best post-midterm rally in 44 years lasted just one day—then $3 trillion vanished as chip stocks plunged over AI fears
Chip and AI stocks led a delayed selloff on fears new Democratic governors will pause data centers. Analysts split on how long.
Mercado Bitcoin Said Its Hack Was Contained, But Blockchain Data Tells a Different Story
Fresh forensic analysis traces $48.6 million across 11 blockchains and finds thousands of customer deposit addresses drained hours after the Brazilian exchange said it had stopped…
Deep-red Kansas votes for change as patience wears thin with Trump: ‘The economy is really taking a beating’
Bills have soared in rural state buffeted by tariffs and war in Iran – and Democrat Adam Hamilton’s stunning upset shows how deep economic frustrations runLinda Olson always does …
Zcash Upgrade Could Lock $16 Million in Crypto Forever
Zcash's latest upgrade promises faster transactions, but thousands of coins remain in an aging privacy system that will soon stop accepting withdrawals, potentially leaving their …
Marriott Bonvoy Boundless vs. Bevy: Which One Comes Out On Top?
These two Marriott Bonvoy cards have several differences, but for most people, one pulls ahead Your choice may come down to where and how often you travel.
OpenAI Found 948 Linux Security Flaws—And Figured Out How to Exploit Them
An automated OpenAI system produced working exploits and draft fixes at roughly $1,279 per flaw, raising new questions about how cheaply AI can find holes in critical software at …
Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack
SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform pledged to reimburse in fu…
U.S. Justice Department assembles force to shield against foreign AI threats
The new DOJ task force will aid the recently designated U.S. "SI Force" by warding off bad actors backed by other nations, criminal groups or corporate fraud.
Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'
The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.
Apple and Home Depot join list of objectors to tokenized stock plan pushed by NYSE owner
Boeing also joined the list of dozens of companies refusing to participate in the venture cochaired by former New York Gov. Andrew Cuomo.
Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and crypto risks.
Trump-Backed American Bitcoin Turns a Profit as Bitcoin Rise Lifts Books
The Hut 8-backed miner reversed a second-quarter loss, driven largely by a $197 million gain on its Bitcoin holdings.
Europe’s largest asset manager Amundi tokenizes equity index fund on Ethereum
The new share class offers blockchain-based exposure to an index tracking 600 companies across European markets.
S&P 500 Plunges, Wall Street Fears Circuit Breaker, Just One Day After Trump Celebrated Record Highs
A day after Trump celebrated stock market records, the S&P 500 sank 3.8%, putting emergency trading halts in focus as AI stocks dragged Wall Street sharply lower during Thursday t…
Paraguay president resigns after collapse of Ueno digital bank
Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers unable to access their fu…
OpenAI’s Dots are coming up against the price of privacy, and the price of compute
OpenAI took its Dev Day roadshow to London this week, attempting to sell the city’s developers on Dots, the company’s new, always-on AI assistant.
Ben Jennings on the billionaires who bent the knee to Trump – cartoon
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Hollywood Studios Quietly Ban Staff From Betting on Prediction Markets: Report
Employees are being told not to bet on casting news, release dates or earnings, though experts say the rules will be hard to enforce.
Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses
Share index slumps 5% amid signs AI industry will face tougher regulation after Democrats’ midterm elections successThe tech-heavy US Nasdaq share index is on track for its worst …
A cruise ship sold as a forever home left 203 residents in Cambodia as Iran war fuel costs hit up to $8,000 a cabin
Fuel for each cabin rose from $1,800 to as much as $8,000 a month, and founder Mikael Petterson says the Iran war broke the business.
What Does a ‘Blue Wave’ Mean for Mortgage Rates?
Democrats won big in the midterms, but mortgage rates have bigger forces to reckon with.
Solana Labs’ Leap Launches Mobile App for Trading Tokenized Stocks and Crypto
Leap, built by the team behind Dialect, launched a beta iPhone app for trading tokenized stocks, ETFs, metals, currencies and crypto on Solana, pitching itself to traders looking …