I’m my mother-in-law’s power of attorney, executor and trustee. Do I hold all the power?
“There is a lot of legal and financial power in my hands.” Source:MarketWatch
OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training
Widening losses and intensifying competition coincide with a pause in frontier reinforcementlearning training as openai strengthens its safety controls.…
Live updates: Bitcoin remains above $64,000 as oil rises and the Kospi tumbles 6%
U.S. Treasury yields retreat from the highest levels in decades, while bitcoin holds above $64,000. Source:CoinDesk
The palatial Beverly Hills home that Paris Hilton rented is back on the market for a whopping $169,000 a month
The mansion that heiress Paris Hilton and her husband, Carter Reum, rented before buying their own $63 million estate nearby has returned to the market with a…
My male co-workers with kids expect me to pick up their slack because I don’t have children. Do I push back?
“They are always telling me how much harder their life is because they have kids.” Source:MarketWatch
Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million
A chain of six flaws caused the crosschain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker…
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondarymarket liquidity alone would not be enough, with holders needing direct issuer redemption rights and onetoone liquid reserves.…
Cerebras’s stock has been a post-IPO bust. Its comeback hinges on this new chip.
Cerebras is betting that its specialized chips will outpace traditional graphics processing units as AI agents become more widespread. Source:MarketWatch
SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain…
Hidden Valley Ranch dressing may be a victim of this summer’s salad scare
As the cyclospora outbreak has made consumers more cautious about salad purchases, one analyst points to sales declines for Clorox’s Hidden Valley brand.…
Here’s a ‘ridiculously cheap’ way to protect yourself against a stock-market selloff
Wall Street’s ‘fear gauge’ is signaling the allclear, despite myriad looming risks. Source:MarketWatch
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to…