Four years after the collapse in the market for NFTs, the crypto world is still reckoning with the fallout. The latest example came on Wednesday when the Department of Justice indicted a man on securities and wire fraud charges for allegedly orchestrating a $10 million cryptocurrency scheme through his crypto startup, Few and Far. The
Investors don’t appear to be thrilled with the shakeup in the ranks of Alphabet’s top AI minds. The stock dropped as much as 6% on Wednesday after news broke that DeepMind CEO Demis Hassabis will assume an expanded role at Alphabet. It’s a momentous shift for the trajectory of an exec who had recently been
Most of the available pool of tariff revenue has been disbursed back to U.S. companies, but American consumers are still looking for their share of the refunds. As of the end of July, about $100 billion in tariff refunds were sent to the U.S. Department of Treasury to be disbursed to approved importers, according to
AI is reshaping Uber — gradually, and as it keeps a handle on AI spending. The ride-hailing company kept a lid on its token spending during the second quarter by “by setting better defaults for different use cases,” using lower-cost models for some tasks, and “letting employees more clearly understand and manage their spend,” CFO
U.S. President Donald Trump said a deal to reopen the Strait of Hormuz could come as early as Wednesday, as Iran and Oman inched toward an agreement on the critical waterway that could ease pressure on the global economy and potentially help bring an end to the war. The U.S., along with Israel, launched the war on Feb. 28,
Disney CEO Josh D’Amaro congratulated employees after a strong quarter — and outlined his plans for Disney+ and AI. “Our performance reflects the strength of our businesses, the enduring power of our stories and brands, and, most importantly, the extraordinary work you do every day,” D’Amaro said in a memo viewed by Business Insider. D’Amaro shared
