Trump administration outlines quantum, AI initiatives in $6B science push
The White House outlined a $215 million quantum computing competition and $2.4 billion in AI industry commitments as concerns grow over quantum threats to…
Solana is about to halve its block times as final 200-millisecond upgrade nears
The network is completing a sevenweek push to produce blocks twice as frequently, though validators face higher costs and tighter operating windows.…
XRP Ledger adds new controls for banks, stablecoins and tokenized funds
The feature lets businesses give separate accounts limited powers such as approving customers or making payments, while keeping the keys that control their…
Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.…
SpaceX’s Starlink Mobile plans are pressuring AT&T and Verizon shares
SpaceX plans to purchase Grain Management’s 800 MHz spectrum portfolio in a move to bolster its mobile ambitions. The news is lifting celltower stocks.…
China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express
Despite ongoing bans, China has seen a big surge in peertopeer stablecoin use. New figures show South Korea’s $450B crypto economy is the largest in East Asia.…
Micron, Nvidia and AI chip stocks fall as report on OpenAI’s revenue causes ‘undue concern’
OpenAI’s annualized revenue reportedly fell short of expectations — but analysts say that reflects differences in how the figure is reported, not weakness in…
PepsiCo CEO’s message to employees: If you’re not producing growth, you’re out
PepsiCo CEO Ramon Laguarta says that everything at the company that is not related to growth will not be part of the company. Source：MarketWatch
Feel like a pumpkin-spice burrito? Analysts try to wrap their heads around a possible Starbucks-Chipotle tie-up.
Starbucks investors would likely not be happy about the company adding debt to finance a deal to buy Chipotle, given that it already has a high debt load.…
A big AI super PAC tried to follow crypto’s playbook to influence the midterms. Critics say it’s not working out.
The political action committee says it’s “continuing to build a durable coalition that wants America to remain the global leader in AI development.”…
With mortgage rates soaring above 7.5%, the smart money rents in America
If buying a home right now is such a great idea, why doesn’t Wall Street want to do it? Source：MarketWatch
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect…