Apple is cutting the daily amount its engineering teams can spend on AI, Bloomberg reported Wednesday. It’s a big change for a company that has worked to integrate the technology into its engineering processes. In October, Apple lowered the daily AI spending cap for its engineering teams, decreasing it from $300 to $200, the outlet […]
A federal judge has rejected an emergency request to halt US stock perpetual futures while finding that the challengers are likely to succeed in arguing that the CFTC exceeded its legal authority. Summary Stock perpetual futures avoided an emergency trading halt in a lawsuit backed by Cboe and Citadel Securities. Judge Valerie Caproni found the […]
Canva’s restructuring affects 1,271 workers through layoffs, role changes, and relocation. Here’s what it means for tech workers and enterprise customers. The post Canva Announces Layoffs in Restructure Affecting 1,271 Workers appeared first on TechRepublic. Source link
Bitcoin price briefly dropped below $76,000 as news confirmed that Democrats won control of Congress, raising fresh questions about the future of U.S. crypto regulation. The selloff came as technology stocks struggled with an AI spending correction, leaving digital assets exposed to another wave of risk aversion. Market Cap 24h 7d 30d 1y All Time […]
Key Takeaways Following 2026 midterms, Democrats secured Congress, raising the prospects for digital assets. The CLARITY Act faces expiration on Jan. 3, 2027 without 60-vote bipartisan support. Sen. Elizabeth Warren is expected to lead the Senate Banking Committee, signaling strict SEC enforcement and AI safeguards in 2027. Democratic Midterm Victories Reshape Tech Policy Democrats’ victories […]
Binance is now sharing more information about the major hack that resulted in $6.3 billion being stolen from the crypto exchange last week. The cryptocurrency company previously called the incident a “security issue” and a third-party research firm traced the crime back to a nefarious North Korean hacking group. Now, we know more about the […]
Binance’s own asset estimate stood at $157 billion on Monday, down from $171 billion. Binance handled about 42% of spot crypto trading on the top 10 exchanges over the past seven days. That is the company’s lowest weekly share in at least 12 weeks. Its share stood at around 48% before last week’s hack […]
“It’s a very chronically online administration,” he said. “With how short people’s attention spans are, you have to make [things] interesting.” Not all of the White House’s efforts have been received smoothly on the right: Pearson believes the administration’s decision to distribute portions of the Epstein files to 15 right-wing creators last year was “a […]
Stripe has made stablecoin payouts to crypto wallets available to eligible U.S. businesses across more than 160 recipient markets, with New York companies excluded from the public preview. Summary U.S. businesses can send USDC or OUSD directly to recipients’ external crypto wallets. Nine networks support USDC payouts, while OUSD is available across four supported chains. […]
Snap has surpassed 30 million paid Snapchat+ subscribers, the company announced Wednesday in its third-quarter 2026 earnings release. The milestone marks an increase of 5 million subscribers since February, when Snap reported crossing the 25 million mark. Launched in 2022, Snapchat+ gives subscribers access to exclusive and pre-release features for $3.99 per month. Following a […]
