A US AT&T call center worker details working with AI, which generates call transcripts and provides suggestions, and wonders if she is training her replacement
To many people, chatbots and other technology feel like a ticking time bomb, sure to explode their work. But to some, the threat is already here. LinkedIn: Stephen Loynd . Bluesky: @kashhill.bsky.soc...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they risk a bank run trill...
A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder's huge investment in Modulo Capital. Tweets: @niubi , @niubi , @jessicakmathews , @macrocephalopod , @smtuff...
As crypto markets tumbled, strict US regulatory rules on risky assets mostly insulated Wall Street from the chaos, while retail investors had no such safeguards
As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst. Tweets: @drewharwell , @ianguider , @tphillips , @glastris , @drfarls ,...
A hacktivist claims DALL-E-like Craiyon, formerly DALL-E mini, generated portraits of brown-skinned women in saris almost every time he ran a blank request
The images represent a glitch in the system that even its creator can't explain. — Like most people who are extremely online … Tweets: @mtrc , @nilchristopher , @sub8u , @flitteronfraud , and @anupk...
Experts say Russia could use cryptocurrency tools to lessen the impact of US sanctions, including a forthcoming digital ruble and spoils from ransomware attacks
or Russia Allison Morrow / CNN : Financial sanctions are easier than ever for Russians to evade. Thank Bitcoin Jessica Sier / Australian Financial Review : Russia could use crypto to evade sanctions B...
A profile of Peter Thiel, who plans to leave Meta's board to focus on politics, funding far-right MAGA candidates who peddle conspiracies and deny Biden won
NYT @rmac18 and @llerer 1st reported about his involvement yesterday — More details about the app on @axios: https://www.axios.com/... @nycsouthpaw : NYT profiles Peter Thiel, the billionaire aparthei...
After downplaying cryptocurrencies early on, banks are experimenting with them more and lobbying regulators for rules to deny crypto lenders “unfair” advantages
Emily Flitter / New York Times :
Profile of BlockFi, which says it has $10B+ in assets, 450K+ clients, licenses in 28 states, and uses digital assets as collateral to provide loans in minutes
The boom in companies offering cryptocurrency loans and high-yield deposit accounts is disrupting the banking industry and leaving regulators scrambling to catch up. Tweets: @rebeccaspang , @flitteron...
Binance is aiming for an IPO for its US division after an unsuccessful VC deal and the resignation of its CEO
and why investors balked. https://www.nytimes.com/... Emily Flitter / @flitteronfraud : SCOOP: @BinanceUS is trying to raise outside $$$ as part of a plan to eventually go public, but the going is h...