In the early hours on Monday, Sam Altman, CEO of OpenAI and the driving force behind AI models like ChatGPT, launched his latest venture Worldcoin (WLD). With OpenAI going from a non-profit private organization, to a for-profit private organization in 2019, some questions bear asking: What is Worldcoin? Is it safe? What is it for?
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Frameworkers of the world, unite — Turning my Framework laptop into a tiny desktop was fun. Now it needs a job. “Reuse” doesn’t get as much attention as the other two Rs, but it’s important. Kevin Purdy – Aug 7, 2023 11:00 am UTC Enlarge / The Framework Slabtop, as I dub it. Not a
Despite the ongoing digitization of payments, this industry is still struggling to meet the growing demands of the public. Because of this, many financial market players are looking towards blockchain as a potential way to speed up the process. Blockchain is a groundbreaking technology that offers a multitude of use cases and benefits for businesses
Shiba Inu SHIB/USD , the self-proclaimed Dogecoin DOGE/USD Killer's burn rate has surged over 145%. What Happened: In the past 24 hours, Shiburn, the burning mechanism, reported that 92 million SHIB tokens have been transferred to inferno wallets, effectively removing them from circulation forever. This substantial burn activity includes a single transaction of 34,547,609 SHIB
Last week, the Wall Street Journal reported that a syndicate of investors was in the closing stages of a $125 million deal to purchase CoinDesk. Founded in 2013 and sold to DCG in 2016, CoinDesk has been an important voice in the crypto world as an online publication and for its Consensus events. Benzinga interviewed
Private equity firms are increasingly offering sweeteners such as fee discounts to secure backing from deep-pocketed investors, in a sign that the industry is facing its toughest-ever fundraising environment. Blue-chip firms including CVC Capital Partners, Ardian, TPG and Cinven have all in recent months offered investors either a discount on management fees or other incentives
Berkshire Hathaway’s cash and investments in short-term Treasuries surged to $147bn at the end of the second quarter, underscoring Warren Buffett’s faith in the backbone of global financial markets despite the rocky political climate in Washington. The sprawling conglomerate — which owns the BNSF railroad and Geico insurer — increased the holdings by nearly $17bn
The US and China are opening new lines of communication to tackle contentious issues, in one of the first signs of progress towards stabilising relations since secretary of state Antony Blinken visited Beijing in June. According to three people familiar with the situation, Washington and Beijing will create two working groups to focus on Asia-Pacific
Affirm Holdings, IncAFRM stock is trading lower afterPiper Sandleranalyst Kevin J. Barker downgraded the stock from Neutral to Underweight with aprice target of $11.00. Barker expects persistently higher rates to pressure operating margins as AFRM needs to hold more loans on the balance sheet. In addition, he expects tighter underwriting standards, increased pricing, and the
So far, 2023 has been a tough year for crypto, with a persistent down market and regulatory uncertainty that will likely send many blockchain ventures overseas for more favorable conditions. Yet the potential of blockchain to improve life for everyone remains with an increasing number of projects with practical use cases. A recent survey by
Dangerous stuff — Frackers can use dangerous chemicals without disclosure due to Halliburton loophole Facking industry exempt from disclosure of 28 chemicals regulated by federal law. John Hurdle, Inside Climate News – Aug 4, 2023 1:45 pm UTC A fracking rig targets the Marcellus Shale.Wikimedia Commons reader comments 8 with For almost 20 years, US
South Korean Fintech CompanyU Fintech Hub Incannounced today that it has successfully raised $4 million in a recent capital funding round led by Forest Partners. What Happened?With this current funding round, U Fintech Hub has raised approximately $10 million in capital. U Fintech Hub operates the global remittance platform "Utransfer," specializing in B2B and C2C
Co-ownership — Trans-Atlantic joint venture aims to build new international space station Airbus replaces Lockheed Martin as habitat builder for the planned Starlab space station. Stephen Clark – Aug 4, 2023 12:00 am UTC Enlarge / Artist’s illustration of the planned Starlab space station.Voyager Space reader comments 76 with Voyager Space, one of several US
The trial in Dominion v. Fox News, which has already resulted in bombshell revelations about the right-wing media giant and the 2020 election, is scheduled to begin Tuesday. Unless a settlement is reached, a jury will determine whether Fox is financially liable for broadcasting and promoting false claims about Dominion Voting Systems voting machines rigging
In 1964, there was the infamous Lyndon B. Johnson political attack ad that suggested electing Barry Goldwater would result in a nuclear war blowing up daisy-picking little girls. In 1988, supporters of George H.W. Bush ran the infamous Willie Horton attack ad that played on racist fears to accuse Michael Dukakis of being soft on
In the early hours on Monday, Sam Altman, CEO of OpenAI and the driving force behind AI models like ChatGPT, launched his latest venture Worldcoin (WLD). With OpenAI going from a non-profit private organization, to a for-profit private organization in 2019, some questions bear asking: What is Worldcoin? Is it safe? What is it for?
Co-ownership — Trans-Atlantic joint venture aims to build new international space station Airbus replaces Lockheed Martin as habitat builder for the planned Starlab space station. Stephen Clark – Aug 4, 2023 12:00 am UTC Enlarge / Artist’s illustration of the planned Starlab space station.Voyager Space reader comments 55 with Voyager Space, one of several US
The commercial success of the country star Jason Aldeans ode to small-town vigilantism helps explain the persistence of Donald Trumps grip on red America. Aldeans combative new song, Try That in a Small Town, offers a musical riff on the same core message that Trump has articulated since his entry into politics: that America as
People wanna know — ESA still seems shy about sharing news on Ariane 6 rocket testing Officials don’t plan to broadcast a key Ariane 6 test-firing on its launch pad. Stephen Clark – Aug 2, 2023 9:57 pm UTC Enlarge / A full-size Ariane 6 test version on its launch pad in French Guiana last
Long gone are the days back when Tesla Inc TSLA CEO Elon Musk wanted to rebrand the digital payment company as X.com two decades ago when he participated in its inception. Musk sees X as the letter that shows the power to change the world. Back then, he believed it can take over the worlds