New York City, with the largest public school district in the country, was breaking ground on a novel, AI-themed high school when district leadership abruptly pulled the plug last month. They cited mounting parental concern and nationwide backlash to what has been labeled rapid, unsafe adoption of AI. Because there has been a rapid adoption…
Bitcoin holders are sitting on their highest unrealized profit margin since June 2025 as BTC rallies to a three-month high. While bitcoin (BTC) has continued to rise in what analysts have called a bear market rally, traders and investors have increased their profit-taking. Daily realized profits have risen to levels not seen since early…
It’s a bird, it’s a plane, it’s a six-propeller flying vehicle with a nearly eight-foot wingspan. For the next year, delivery drones operated by the British company Skyports are taking daily weekday trips across New York City’s East River, between the tip of Manhattan and a pier in Brooklyn. Since early May—a bit behind schedule—the…
Key Takeaways Artificial intelligence ranked among the most-cited risks in the Fed’s latest financial stability survey. Debt-funded AI spending could increase leverage across companies, lenders, and funding markets. Private credit and labor pressures may widen AI’s impact if market expectations weaken. AI Moves Into the Fed’s Financial Stability Risk Debate The Federal Reserve released its…
Michael Saylor has moved to clarify Strategy’s position after recent comments raised questions about whether the company could sell part of its Bitcoin holdings. Summary Saylor says Strategy may sell Bitcoin but remain a net buyer over time. Strategy holds 818,334 BTC after reporting a $12.54 billion Q1 loss. Dividend costs and Peter Schiff’s Ponzi…
General Motors has reached a privacy-related settlement with a group of law enforcement agencies led by California Attorney General Rob Bonta. Back in 2024, The New York Times reported that automakers including GM were sharing information about their customers’ driving behavior with insurance companies, and that some customers were concerned that their insurance rates had…
## Market Snapshot The market for a US-Iran nuclear deal by May 31 is priced at 18% YES, a decrease from 20% over the past 24 hours. The market for a US-Iran nuclear deal by June 30 stands at 34% YES, slightly up from 32% a day ago. ## Key Takeaways – The news suggests…
Microsoft says Win32 remains central to Windows decades later, showing how compatibility still shapes Windows 11 and enterprise apps. The post Microsoft: Windows 11 Still Runs on 1990s Code appeared first on TechRepublic. Source link
Key Takeaways Colombia’s Gustavo Petro warned that fossil-fueled Bitcoin mining risks global climate collapse. Paraguay holds the 4th largest global hashrate, while Venezuela’s 9-year peak energy crisis halted mining. Petro wants 3 Caribbean cities to mine Bitcoin, though the 2026 Hashrate Index report omits Colombia. President Petro Highlights Venezuelan and Paraguayan Potential For Energy Mining…
A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities fraud claims. Summary In Bouck v. Meta, a Northern California federal court denied Section 230 immunity after finding that Meta’s AI ads tools materially shaped fraudulent investment content rather than…
