Goldman Sachs has agreed to buy LCN Capital Partners for up to $410 million, adding about $3 billion in commercial real estate assets to its investment management business. Summary Goldman will pay $260 million upfront, with up to $150 million tied to future targets. About 80% of the acquisition price will be paid in Goldman…
Meta platforms recently ran ads for an AI porn-generation tool that seemingly encouraged users to create deepfaked videos resembling female US politicians, despite the company’s policies against ads containing sexual material. It’s the latest in a series of failures by Meta to keep advertisements for tools that produce nonconsensual intimate imagery off its platforms. The…
Wall Street’s tech-heavy indexes faced renewed pressure Tuesday as long-term Treasury yields surged, while Bitcoin remained comparatively stable around $64,000. US stock futures moved lower ahead of today’s open, with the Nasdaq 100 dropping by 1.2%, the S&P 500 by 0.5%, and the Dow by 0.1%. This selloff came as the 10-year Treasury yield…
Companies are still grappling with exactly how software development should work in the AI area, but one early answer is the so-called software factory. Essentially an agent loop that’s built around the traditional stages of software development, the software factory approach has become a popular way for companies to remake their engineering organizations for the…
Key Takeaways Citi expects to launch institutional bitcoin custody later this year. More than 80% of Citi’s total event volume is processed in real time. Clients will access crypto and traditional custody in one framework. Bitcoin Custody Joins Citi’s Institutional Platform Bitcoin custody will become part of Custody+ later this year, Citigroup Inc. (NYSE: C)…
Bitway token extended its seven-day gain beyond 100% on Aug. 18, trading near $0.37 as reward campaigns drew demand, but overbought conditions and concentrated liquidation levels raised the risk of a sharp reversal. Summary Bitway gained more than 100% in seven days and briefly traded above $0.40. Ecosystem staking incentives and Binance Wallet’s Bitway Booster…
A 2023 International Data Corporation forecast cited by JLL projected that data center storage capacity would grow from 10.1 zettabytes in 2023 to 21.0 ZB in 2027. This growth will require data centers to accommodate more storage while managing the associated space, power and processing demands. Dell has introduced support for KIOXIA’s 245.76TB NVMe SSDs…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Most cryptocurrency transactions still happen behind complex wallet apps, seed phrases, and exchange interfaces. And while it is true that traditional fintech apps are slowly integrating crypto, the user experience in majority of native crypto…
BTC USD has spent much of 2026 grinding sideways in a bear market that has tested the patience of even its most committed holders. The Bitcoin prediction for 2026 has some interesting chatter around it right now, particularly from Kalshi bettors, with prediction markets fast becoming a go-to place for assessing price movements across markets….
SAVE OVER $80: As of Aug. 18, select colors of the Bluetti Elite 30 V2 portable power station are on sale for $218.98 at Amazon. That saves you $80.02 on the $299 list price. $218.98 at Amazon $299 Save $80.02 Fall is coming up faster than you might expect, and if you’re hoping to…
