News
Tim Walz Signs Legislation Authorizing Banks and Credit Unions to Offer Bitcoin Custody Services in Minnesota
1+ hour, 4+ min ago (215+ words) The decision by the state of Minnesota Governor to sign legislation authorizing banks and credit unions to offer Bitcoin custody services represents a notable inflection point in the gradual convergence of traditional financial infrastructure with digital asset markets. This integration…...
Intel's Lip-Bu Tan Says Foundry Turnaround Is Gaining Momentum as Chipmaker Pushes to Challenge TSMC
3+ hour, 30+ min ago (848+ words) Intel Chief Executive Officer Lip-Bu Tan said the company's foundry business is beginning to gain traction, signaling growing confidence that the struggling American chipmaker may finally be making progress in one of the most expensive and strategically important turnarounds in…...
Impacts of Opus 4. 7 Prompting Guide as a Systematic Engineering Practice
7+ hour, 22+ min ago (592+ words) Anthropic released a 31-page guide on prompting Opus 4. 7, a document that formalizes advanced instruction design for its most capable model family. The guide reflects a broader industry shift toward treating prompting as an engineering discipline rather than an intuitive craft,…...
Anthropic To Brief the Global Financial Stability Board On Cyber Vulnerabilities Identified By Mythos
3+ hour, 57+ min ago (561+ words) Artificial intelligence startup Anthropic is preparing to brief the global Financial Stability Board on cyber vulnerabilities identified by its powerful new AI model, Mythos. According to the Financial Times, Anthropic plans to discuss the capabilities of its unreleased Mythos Preview…...
Shein moves to acquire Everlane in a $100m Deal, Signaling Chinese Retailers" Growth Despite Suspension of de minimis
8+ hour, 12+ min ago (790+ words) Shein is acquiring U. S. -based apparel retailer Everlane from majority owner L Catterton in a deal reportedly valuing the struggling fashion brand at about $100 million. The transaction highlights how Chinese-founded online retailers continue expanding globally even after Washington moved to curb…...
KPMG Turns to AI Simulations to Replace Years of Repetitive Tax Training as Automation Reshapes White-Collar Work
8+ hour, 13+ min ago (905+ words) KPMG is testing an artificial intelligence-powered simulation platform designed to help junior tax employees develop skills that traditionally took years of repetitive client work to acquire, underscoring how large professional-services firms are rethinking workforce training as AI rapidly automates entry-level…...
Investors Warn of Bond Yield Spike and Inflation Risks Even as AI-Led Earnings Rally Pushes Stocks Higher
8+ hour, 42+ min ago (980+ words) U. S. equities are continuing to trade near record-sensitive levels on the back of strong corporate earnings and sustained enthusiasm around artificial intelligence, but investors and strategists are warning that markets are underestimating the risk of renewed inflation pressures and a destabilizing…...
A Look at US Treasury's $25 B Sale of 30-year Bonds
19+ hour, 19+ min ago (519+ words) The U. S. Treasury's $25 billion sale of 30-year bonds on Wednesday marked a historic moment for global financial markets, clearing at a yield of 5. 046%the first time since 2007 that the U. S. government has had to offer investors more than 5% to borrow money over…...
Trump says U. S. should have taken bigger Intel stake as chipmaker becomes centerpiece of America's AI strategy
23+ hour, 44+ min ago (731+ words) U. S. President Donald Trump has stated that Washington should have demanded a larger ownership stake in Intel Corporation, underscoring how central the once-struggling chipmaker has become to America's industrial and artificial intelligence ambitions. Describing his discussions with Intel Chief Executive Lip-Bu…...
Japan Moves to Internalize Digital Assets and Traditional Finance
23+ hour, 40+ min ago (594+ words) Japan is entering a new phase of institutional crypto integration, as major financial and technology conglomerates move to internalize digital asset product development. According to a report by Nikkei, both SBI Holdings and Rakuten Group are advancing plans to build…...