Stablecoin yields create ‘dangerous’ parallel bank system: JPMorgan exec
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
Customers can currently buy the hands-free tech with an $8000 one-time purchase, but in February, Tesla is switching to a subscription-only model....
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
Google is appealing a federal court's decision ruling it an illegal online search monopolist. The company filed a notice to appeal on Friday, requesting a pause on the court-ordered remedies meant to ...
Hachette and Cengage allege Google bypassed licensing to train Gemini, calling it “historic copyright infringement.”...
Google VP of global ads, Dan Taylor, said the company is focused on bringing ads to AI Overviews and AI Mode. Google Ads aren't coming to the Gemini AI app anytime soon, according to Google's VP of gl...
Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...
The search giant says displaying AI summaries constitutes lawful innovation, in its latest defense against year-long publisher lawsuits....
Multibillion-dollar deal to secure Gemini models reflects cautious approach to infrastructure spending...
Google cofounder Larry Page reportedly purchased property in South Florida. EMMANUEL DUNAND/AFP/GettyImages Google cofounder Larry Page bought property in Florida amid California's proposed billionair...
AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...
$500bn start-up seeks ways to fund expansion and fend off competition from rivals Google and Anthropic...
The Nasdaq-listed company is rolling out an onchain equity system that allows real shares to be issued and lent directly on blockchain infrastructure....
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
OpenAI CEO Sam Altman Florian Gaertner/Photothek via Getty Images/Reuters OpenAI leads enterprise AI adoption, far outpacing Anthropic and Google, according to new data. Ramp data shows 46.6% of US bu...
Tesla Model Y electric vehicles (EV) at a dealership in Colma, California, US, on Tuesday, July 1, 2025. As its sales continue to slip and its robotaxi strategy seems to falter , Tesla CEO Elon Musk s...
Mistral CEO Arthur Mensch says its edge over Silicon Valley isn't smarter models, but being a European alternative built for control, sovereignty, and trust. LUDOVIC MARIN/POOL/AFP via Getty Images Ar...
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...
Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executiv...
Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...