Bitcoin rally: Is El Salvador’s Bitcoin bet paying off?
President Bukele is celebrating as his $120m Bitcoin reserve is finally in the black – but economists are not.
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Federal authorities have charged the co-founders of Fresno startup Bitwise Industries with fraud months after the company laid off all of its employees and shut down without explanation. Irma Olguin Jr. and Jake Soberal surrendered to authorities Thursday after being charged in a federal complaint with conspiring to commit wire fraud and taking more than…
Germany, France and Italy reach agreement on future AI regulation | Reuters News Agency
GovernmentTechnology 20 November 2023, 2:44 pm 1 minute Reuters exclusively reported that France, Germany and Italy have reached an agreement on how artificial intelligence should be regulated. Market Impact Germany’s Economy Ministry, which is in charge of the topic together with the Ministry of Digital Affairs, said laws and state control should not regulate AI…
The “Dude With Sign” Instagram Account Sure Does Sue A Lot Of Brands
@dudewithsign is a popular Instagram account that features a tall man in sunglasses holding up a cardboard sign in various public places. Except instead of a serious protest message, the sign has a funny aphorism about modern life, like “Who TF is writing Yelp reviews” or “You can cold plunge without telling everyone.” The eponymous…
Google Trims Hundreds of Jobs as It Marshals Resources for AI
Jan. 10, 2024 11:40 pm ET Google laid off hundreds of employees in several areas of the business on Wednesday, a sign of further cost reductions at the search giant as it continues to reverse a pandemic hiring spree. The cuts affected employees in divisions including those working on Google’s Assistant program, hardware and internal…
SEC approves spot bitcoin ETFs in game-changer for crypto industry
The US securities regulator on Wednesday approved the first US-listed exchange traded funds to track bitcoin, its Chair Gary Gensler said, in a watershed for the world’s largest cryptocurrency and the broader crypto industry. The agency approved applications, including from BlackRock, Ark Investments, 21Shares, Fidelity, Invesco, and VanEck, among others, according to a notice on its…
