On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 billion in gross profit, nearly 58% margins, and $2.2 billion in net earnings for the quarter — its results fell well short…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. SwiftPay, the enterprise payments arm of Bangko Sentral ng Pilipinas (BSP)-regulated Swift Technology Ventures Inc., has launched SwiftGuard, a real-time fraud-detection and decisioning layer aimed at helping local banks and BSP-supervised financial institutions (BSFIs) comply…
China is considering tighter controls on AI models, training data, and chip designs, potentially limiting how Chinese technology reaches global users. The post China Considers Export Controls on AI Models, Training Data and Chip Technology appeared first on TechRepublic. Source link
Key Takeaways Seven Senate Democrats said the latest CLARITY Act draft needs stronger ethics and consumer protections. The revised bill would ban federal officials from issuing or sponsoring digital assets for compensation. Republicans defended the proposal, while White House adviser Patrick Witt challenged Democrats’ criticisms. Democrats Say Draft Still Falls Short A bipartisan agreement on…
The UK Treasury has set Q1 2027 for its first tokenized sovereign bond transaction, but the project has remained dependent on finding a workable method to settle its cash leg on-chain. Summary The UK plans to issue its first tokenized sovereign bond by Q1 2027. Missing on-chain cash infrastructure remains the main barrier to institutional…
Meta has skirted another jury over claims its platforms are facilitating a youth mental health crisis. The company was set to go to trial in the Superior Court of California for the County of Los Angeles next week, but the 15-year-old plaintiff, referred to as R.K.C, has now dropped the lawsuit. “In light of the…
