Business / Finance
Meta’s settlement will compel others to bend the knee and set up teen guardrails
Instagram and Facebook’s parent company agreed to sweeping alterations and a payment of upto $18bn to settle a landmark trialMeta’s agreement to change how teenagers use its socia…
Bill Gates Wants a Robot Tax and Jobs Humans Can't Be Fired From
Gates is calling for AI tokens and robots to be taxed so firms think twice before swapping out workers, plus a bracket of "human reserved" roles that stay off-limits to automation.
Unexpected chat between OpenAI agents led to Hugging Face hack
OpenAI's cyber agents banded together to perform a hack during a security test.
Nvidia revenue doubles on continued AI demand
Chipmaker's $96bn quarter beat forecasts as demand for AI hardware continues to accelerate.
Nvidia Shares Surge in After-Hours Trading After Record $96.2 Billion Revenue
The chipmaker doubled quarterly revenue while disclosing $366 billion in future commitments and up to $108.5 billion in guarantee exposure.
Crypto traders turn Dolly Parton’s death into a memecoin frenzy
Tokens commemorating Parton appeared on popular memecoin platforms like Pump.fun, only to crash hours later.
Plug-in balcony solar panels to go on sale in UK for first time
DIY system will be stocked by big retailers, starting with Argos, enabling more homes to lower bills by generating own electricityPlug-in solar panels will go on sale in the UK fo…
Former CFTC Commissioner: Wall Street has used these financial contracts for decades. Now a goat herder does too
Because of prediction markets, for the first time ever, small businesses have access to risk management tools that Wall Street has used for years.
Business Daily
Evergrande was at the heart of China’s property boom, and its dramatic collapse
Nvidia doubled its quarterly revenue to $96 billion and crushes estimates—CEO Jensen Huang says demand is accelerating
Nvidia's second quarter fiscal 2027 earnings results were released after the market closed on Wednesday.
Nvidia tops earnings estimates, guides to $108 billion in revenue next quarter
The tech bellwether reported fiscal second-quarter results after the bell on Wednesday.
What Traders Are Watching for Bitcoin's Next Move
Bitcoin's monster rally just hit its first real test. Here's why each catalyst matters and how they could move the price from here.
Better launches Bitcoin-backed mortgages powered by Coinbase
Better and Coinbase have launched a crypto-backed mortgage product that lets US homebuyers pledge Bitcoin as collateral for a down payment without having to sell it.
Galaxy Opens Retail Crypto-Backed Credit Lines on Bitcoin, Ethereum and Solana
GalaxyOne clients can borrow cash against Bitcoin, Ethereum, and staked Solana at 8.99% APR without selling a coin.
Don’t praise Meta ‘for what the court orders them to do’: Meta will only pay the full $17.1 billion settlement if TikTok and YouTube match it
State attorneys general guaranteed $12.1 billion. Meta says it's holding back $5.3 billion unless its rivals sign on.
US Banks Join Forces to Build a Blockchain of Their Own
The BankChain Alliance aims to give smaller financial institutions access to tokenized deposits and blockchain payments through a shared network targeted for 2027.
CIA director visits Putin in Moscow in talks that Trump calls ‘sort of semi-routine’
Trump says Ratcliffe's trip was "sort of semi-routine." An expert on Russia's security services says it does not "happen every year."
U.S. economy grows at sluggish 1.5% pace in second quarter
GDP counts domestic production—meaning the surge in computer chip and AI investment shipments sliced 1.64 percentage points off.
OpenAI staff observed warning signs before AI agent hacking crusade caused global alarm
Firm says ‘early signals … could have triggered an earlier response’ as it releases report into Hugging Face hackOpenAI staff observed signs of rogue behaviour among its leading-e…
OpenAI, independent firms publish reports on rogue AI attack on Hugging Face. Here are the main takeaways—and what OpenAI still hasn’t disclosed.
OpenAI said that the difficulty of some of the tasks its AI models were attempting to solve may have produced the 'rogue' behavior that led to the attack on Hugging Face.
Bitcoin Wallets Dormant for Over a Decade Move $40M in One Week
Six wallets that slept through Bitcoin's entire boom woke up between Aug. 16 and Aug. 26, moving tens of millions in BTC.
Famed cult actor Tim Curry, star of ‘Rocky Horror Picture Show’ and ‘Home Alone 2,’ dead at 80
Curry died on Tuesday evening in his home in Los Angeles, his manager and friend confirmed.
Anthropic wants investors to believe its ‘total addressable market’ is worth $30 trillion—nearly the size of the entire US economy
As the Claude maker reportedly prepares for a $2 trillion IPO, it is pitching investors on an addressable market roughly equal to the entire U.S. GDP.
Meta’s $18 billion settlement leaves out the child protections New Mexico already won at trial, its Attorney General says
Raúl Torrez said New Mexico secured stronger protections against AI chatbots and predators than the national settlement. Child safety experts agree.