Business / Finance
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.
US Voters Back AI Data Center Restrictions in At Least 29 Communities
Voters across the United States backed measures to curb data centers, raising new obstacles for the infrastructure powering AI as electricity bills, water supplies, and public ove…
Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’
Chesky was a natural founder but a “terrible CEO,” he said, and fixing that meant losing executives who wouldn’t adapt.
The Guardian view on EU ‘Made in Europe’ rules: a fatal blow to Brexiter delusions | Editorial
It is getting ever harder for Eurosceptics to deny that it was an economic and strategic blunder for Britain to leave the single marketThe EU is a constantly evolving institution.…
How ElevenLabs’ CTO is rolling out AI agents—and why he thinks bigger efficiency gains are ahead for the voice AI startup
CTO Alex Holt has deployed agents across sales, recruiting, and customer service. He's also beginning to embrace multi-agent systems to improve workflows across the $22 billion AI…
House Democrats are eyeing Trump’s pardons and his family’s crypto deals — the last time they ran oversight, his administration ignored subpoenas
Bondi refused to answer many questions from Democrats, instead launching personal attacks against these members of the U.S. Senate.
Trump’s billionaire-blue collar coalition has been smashed by class politics | Aditya Chakrabortty
As tech bosses get richer and ordinary Americans struggle, Democrats put the case against the US’s grotesque unfairness – and voters responded Remember the “vibe shift”? Just last…
Canton Coin Gets SEC Nod as Wall Street Tokenization Heats Up
SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partl…
Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.
What Is x402? How AI Agents Pay With Crypto
Coinbase's x402 protocol puts the web's long-unused 402 code to work so AI agents and apps can pay for APIs and data in stablecoins like USDC.
DoorDash is buying Instacart for $17 billion. Its employees can’t add Instacart staff on LinkedIn
An internal Q&A filed with the SEC tells DoorDash staff to stay unconnected until the deal closes, which could be mid-2028, to avoid antitrust trouble.
Tech, AI Stocks Split After Democratic Sweep: Microsoft Jumps, Tesla and Nvidia Tank
Microsoft and Alphabet surged while Nvidia and Tesla fell, highlighting a divided market as investors reassess Washington's approach to AI and Big Tech.
Pet Insurance on Your Mind? Buy It Now, Not Later
Learn more about how pre-existing conditions work in pet insurance and why you should get pet insurance now even if your pet is young and healthy.
The £10,000 refugee tax must be scrapped | Letters
Such a punitive measure will leave people at risk of exploitation and severe poverty, says Mark Joselin of the Refugee CouncilCabinet ministers are right to be worried about the p…
Airbnb can be positive for the community | Letters
Readers respond to an article by Arwa Mahdawi on some self-catering hosts calling for a strike in response to new guidelinesRegarding Arwa Mahdawi’s article (Airbnb feels like a s…
Bitcoin Rebounds After Democratic Midterm Sweep, But Crypto Faces Tougher Fight in Washington
Bitcoin bounced back after Democrats won control of Congress, but a stalled market structure bill and heavy industry campaign spending reveal crypto’s exposure to shifting US poli…
Here’s how the candidates backed by AI super PACs fared
AI super PACs spent $79 million this cycle, most of it before November. Here’s what they got for it.
Crypto PACs spent $170 million on the midterms—and came up nearly dry
In Ohio, $40 million in support couldn’t save crypto PACs’ preferred candidate.
Michael Rubin wants Fanatics to be No. 1 in betting. Tuesday’s results in Nebraska and Congress made that climb steeper
Fanatics backed Nebraska's failed mobile betting push, and a projected Democratic Congress has prediction markets, Rubin's newest bet, in its sights.
‘Never in a million years’: alligator strolls into North Carolina bagel shop
3ft-long reptile was looking for a meal before animal protective services safely removed it from establishmentSurveillance cameras installed in a North Carolina bagel shop caught …
Wall Street’s Plumbing Goes Onchain as Morgan Stanley Tokenizes Securities
Morgan Stanley says it has converted U.S. equities and Treasuries into tokenized form through the newly launched DTCC Tokenization Service, which 20 Wall Street firms have signed …
James Talarico was a 23-year-old middle school teacher when an 11-year-old inspired him to run for office—now he’s making history in Texas as Senator
James Talarico is now Texas’ first elected Democratic Senator in nearly four decades. And it all started when one struggling student’s story inspired him.
U.S. Democratic sweep could be the final nail in the ‘Clarity Act’s coffin’
Industry experts warn the Clarity Act is likely dead in its current form as incoming Democratic majorities eye tighter scrutiny of crypto markets and tokenized stocks.
Wall Street rethinks AI data center boom as Texas election raises new risks
Bitcoin miners pivoting to AI face new uncertainty over power access and construction permits, while companies with approved projects could benefit from tighter supply.