Spirit Airlines may have declared bankruptcy this spring, but the budget airline is still worth something—to AI giants, at least. In mid-August, Google won a $10 million bid to purchase some 34 years of the airline’s data, from invoices and flight operations information to Wi-Fi sales, employee records, and crew pairings. In a statement, a…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. By Gail Macapagal Qadena Foundation’s Gail Cruz Macapagal highlighted the evolution of what would eventually become The Cadena Act When Senator Bam Aquino first filed what became known as the “Blockchain the Budget” bill, the…
Fortune Protocol has integrated Polymarket liquidity into Fortune Markets, adding another source of prediction markets alongside Predict.fun while giving users a single interface to compare liquidity, volume and market probabilities. Summary Fortune Protocol has added Polymarket liquidity to Fortune Markets alongside Predict.fun. Users can compare liquidity, trading volume and probabilities across markets in one interface….
Situational Awareness, the AI focused hedge fund that was Wall Street’s fleeting obsession, is having a very bad month. The company, led by twentysomething OpenAI alum Leopold Aschenbrenner, went all-in on a variety of AI investments and, for a period, enjoyed phenomenal growth. Then, at the end of July, a downturn in AI stocks erased…
Key Takeaways Bitcoin surged past $81,000 as rumors of U.S. Treasury bond buybacks fueled a broader market rally. Coinglass recorded $282 million in bitcoin short liquidations, driving 62% of crypto market margin wipes. Investor Stanley Druckenmiller warned Treasury Secretary Scott Bessent that yield capping risks market trust. Short Sellers Squeezed for $282 Million in Liquidations…
Strategy’s average Bitcoin purchase price remains above $75,000, keeping the position sensitive to further price moves. Michael Saylor’s Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days. The reversal follows Bitcoin’s climb from the low $60,000s to above $80,000 over the same…
Apple’s foldable iPhone has spent years in rumor territory. Now the paper trail is getting crowded. Software clues, supplier activity, and fresh accounts from people who handled pre-release units are filling in details that were missing only months ago. Apple has not confirmed the device, its specifications or even the rumored “iPhone Ultra” name. But…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Predictive artificial intelligence and high-resolution spatial mapping are receiving a major financial boost as the Philippine government moves to modernize its national flood early-warning network. For flood-prone communities and municipal planners, the upgrade aims to…
A federal jury has convicted Block Bits Capital co-founder Japheth Dillman of wire fraud and conspiracy after prosecutors said more than 20 investors lost nearly $1 million in a fraudulent cryptocurrency trading fund. Summary Japheth Dillman was convicted of defrauding more than 20 Block Bits Capital investors of nearly $1 million. Investors were told the…
The NYT Connections puzzle today is not too difficult if you’re a film buff. Connections is the one of the most popular New York Times word games that’s captured the public’s attention. The game is all about finding the “common threads between words.” And just like Wordle, Connections resets after midnight and each new set…
