In August 2017, Greg Brockman and Ilya Sutskever gathered at Elon Musk’s self-described “haunted mansion,” a 47-acre, $23 million estate in Hillsborough, south of San Francisco, to discuss the future of OpenAI. Actor Amber Heard, Musk’s then-girlfriend, had served the group whiskey and then dashed off with a friend, Brockman, OpenAI’s cofounder and president, testified…
Key Takeaways: Coinbase will reduce its workforce by about 14%, affecting roughly 700 employees. Restructuring costs are estimated at $50 million to $60 million, mostly for severance. Management plans smaller AI-focused teams, fewer leadership layers, and faster execution. Coinbase Cuts Jobs to Manage Costs and AI Transition Coinbase Global Inc. (Nasdaq: COIN) revealed on May…
Solana is doing almost nothing right now, and that might actually matter. SOL price is sitting at $84.94, up just 1.00% on the day, drifting inside a tight intraday band of $84.05 to $85.07. That is not a typo, the entire day’s range is about one dollar. For crypto for beginners, that kind of stillness…
Nuro has been granted a permit to begin driverless testing of Lucid Gravity SUVs equipped with its autonomous tech on California public roads — vehicles that will eventually be used in Uber’s premium robotaxi service. But the Silicon Valley-based startup, backed by Nvidia and Uber, says it isn’t quite ready to begin. The California Department…
Five major banking trade groups issued a joint statement opposing the compromise barely hours after its release. Circle Internet Group’s stock jumped nearly 20% on Monday after two US senators announced a bipartisan compromise on one of the most contentious issues holding up federal crypto legislation. The deal, months in the making, drew loud…
Hackers abused Google AppSheet to send Meta phishing emails, compromising 30,000 Facebook business accounts across 50 countries. The post Google AppSheet Abuse Helped Phish 30,000 Facebook Accounts appeared first on TechRepublic. Source link
Key Takeaways: Stake went live in Mexico on May 4 under a SEGOB permit, operating as an agent under Uno Capali’s license agreement. Mexico becomes Stake’s fourth fully regulated LATAM market after Colombia, Brazil, and Peru. Launch lands five weeks before Mexico kicks off the FIFA World Cup against South Africa at Estadio Azteca. Operator…
Wall Street executives warned at Consensus 2026 that legacy markets built for slower trading are breaking under 24/7 crypto pressure. Summary Top executives at Consensus 2026 in Miami warned that traditional financial infrastructure was designed for human-paced, scheduled trading. Round-the-clock, machine-driven crypto activity is creating growing friction with settlement systems built for fixed market hours….
Ethereum and Solana saw notable exits, while Bitcoin and smaller assets helped stabilize flows during a volatile week for crypto funds. Digital asset funds posted $117.8 million in inflows, continuing a five-week streak, though this was the smallest weekly gain in that period. The overall number indicated a late recovery. Earlier in the week,…
Whenever The Bear introduces a new female character, I pray she doesn’t become a love interest for one of the male leads. Not because I hate romance, but because I specifically hate the way The Bear does romance. SEE ALSO: ‘The Bear’ just dropped a surprise episode. Here’s how to watch it now. The clearest…
