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Nexo to pay $500K fine to California regulator over ‘risky loans’

California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay....

4hCoinTelegraphcryptocurrency

New Senate CLARITY Act draft allows activity-based stablecoin rewards

A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens....

2dCoinTelegraphcryptocurrency

Sadiq Khan to warn AI could cause ‘mass unemployment’ in London

Mayor concerned that capital will be at ‘sharpest edge of change’ given dependence on white-collar jobs...

1dFinancial TimesTechnologyImpact

Microsoft scrambles to quell fury around its new AI data centers

It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...

2dThe VergeTechnologyImpact

Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

11hBusiness InsidereconomicsImpact

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

2dBusiness InsiderTechnologyImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

1dBusiness InsiderTechnologyImpact

IMF presses governments to step up support for workers displaced by AI

Analysis finds evidence of the technology hitting wages and employment in certain areas...

1dFinancial TimeseconomicsImpact

Legion Health (YC S21) Hiring Cracked Founding Eng for AI-Native Ops

Article URL: https://jobs.ashbyhq.com/legionhealth/ffdd2b52-eb21-489e-b124-3c0804231424 Comments URL: https://news.ycombinator.com/item?id=46603829 Points: 0 # Comments: 0...

2dHacker NewsTechnologyImpact

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

2dSouth China Morning PostTechnology

Meta’s metaverse layoffs apparently include some of its VR studios

Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...

2dThe VergeTechnologyImpact

Beijing launches antitrust investigation into Trip.com ahead of Lunar New Year break

China has opened an antitrust investigation into Trip.com Group, the country’s largest online travel services provider, weeks before hundreds of millions of people on the mainland go away on holiday d...

1dSouth China Morning PosteconomicsImpact

China's Z.AI Releases First Major AI Image Generation Model Trained Without American Chips

Z.AI released GLM-Image, trained entirely on Huawei chips, as Beijing moves to block Nvidia H200 imports in a push for AI self-reliance....

1dDecryptTechnologyImpact

Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...

1dSouth China Morning PostTechnologyImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

2dSouth China Morning PosteconomicsImpact

China, Canada poised to reset trade ties after Trump’s tariffs force rethink

Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...

2dSouth China Morning PostPoliticsImpact

How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs

The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products....

1dDecryptTechnologyImpact

Bitcoin's Four-Year Cycle Broken: VanEck

The investment manager sees a split Bitcoin outlook but is bullish on gold and AI stocks, as political risks challenge traditional market anchors....

2dDecryptcryptocurrencyImpact

Mainland Chinese money to drive 10% rise in Hong Kong commercial property deals: Colliers

Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...

2dSouth China Morning PosteconomicsImpact

Tech executives bet big on AI. Their workers are being tasked with proving they were right.

Getty Images; Alyssa Powell/BI This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . First came efficiency. Then came i...

17hBusiness InsiderTechnologyImpact
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