Shoe company Allbirds, which sold last week for $39M after its valuation fell from $4B+ in 2021, says it aims to become an AI compute provider; BIRD jumps 800%+
Ah, zeitgeist: — Allbirds is a San Francisco maker of wool trainers that was once valued at more than $4bn.
Shoe company Allbirds, which sold last week for $39M after its valuation fell from $4B+ in 2021, says it aims to become an AI compute provider; BIRD jumps 800%+
Ah, zeitgeist: — Allbirds is a San Francisco maker of wool trainers that was once valued at more than $4bn.
Senators Adam Schiff and John Curtis introduce bipartisan legislation to ban sports betting on CFTC-regulated prediction markets, such as Kalshi and Polymarket
just with a different name. They are being offered in states where sports betting is illegal, like California, while federal regulators are greenlighting them rather than enforcin...
Kalshi announces new tech guardrails that preemptively block politicians, athletes, coaches, officials, and others from trading in politics and sports markets
Prediction market Kalshi plans to block athletes, coaches and officials from betting on their sports and to block political candidates from trading on their campaigns, Axios has le...
Senators Adam Schiff and John Curtis introduce bipartisan legislation to ban sports betting on CFTC-regulated prediction markets, such as Kalshi and Polymarket
Sens. Schiff and Curtis seek to prevent CFTC-regulated entities, including Kalshi and Polymarket, from offering wagers on sports
Sources: amid negotiations with the DOD, Anthropic submitted a bid to compete in a $100M DOD contest to develop voice-controlled, autonomous drone swarming tech
Anthropic PBC was among the artificial intelligence companies that submitted a proposal earlier this year to compete …
The US Treasury Department, State Department, and Federal Housing Finance Agency stop using Anthropic's AI products; the State Department will switch to OpenAI
The U.S. Treasury Department, State Department and the federal housing agency are terminating all use of Anthropic products …
The Anthropic-DOD skirmish is the first major public debate on control over frontier AI, and institutions behaved erratically, maliciously, and without clarity
On Anthropic and the Department of War — I. — A little more than a decade ago, I sat with my father and watched him die.
The Anthropic-DOD skirmish is the first major public debate on control over frontier AI, and institutions behaved erratically, maliciously, and without clarity
On Anthropic and the Department of War — I. — A little more than a decade ago, I sat with my father and watched him die.
Sources: OpenAI agreed to follow US laws that have allowed for mass surveillance in the past, and the DOD didn't budge from its demands over bulk analyzing data
On Friday evening, amidst fallout from a standoff between the Department of Defense and Anthropic, OpenAI CEO Sam Altman announced …
PayPal names HP CEO Enrique Lores as CEO, replacing Alex Chriss on March 1, and reports Q4 revenue up 4% YoY to $8.68B, below estimates; PYPL closes down 20.3%
PayPal Holdings Inc. said HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss …
Amazon plans to cut ~16,000 roles across the company as part of an ongoing effort to reduce organizational layers and bureaucracy, after cuts in October 2025
Amazon plans to cut ~16,000 roles across the company as part of an ongoing effort to reduce organizational layers and bureaucracy, after cuts in October 2025
I want to let you know that we're making additional organizational changes across Amazon that will impact some of our teammates.
Artemis Analytics: total stablecoin transaction volumes rose 72% YoY to a record $33T in 2025, led by Circle's USDC at $18.3T and Tether's USDT at $13.3T
Stablecoin transactions reached unprecedented heights last year, buoyed by favorable policy in the US under pro-crypto President Donald Trump.
Trump Media, owner of Truth Social, plans to distribute a new token to shareholders with partner Crypto.com, expected to operate on the Cronos blockchain
Emily Nicolle / Bloomberg :
Stripe launches Open Issuance, a Bridge-powered platform that lets companies create its own stablecoins, used by crypto wallet Phantom to issue its CASH token
a new stablecoin created with stripe + bridge w/ baked in developer rewards, stripe merchant support, and new phantom $ features, launching on solana. [video] Ryan Rasmussen / @ras...
Sources: Tether is in talks to raise $15B to $20B in exchange for a ~3% stake through a private placement in a deal that could value the company at ~$500B
Tether Holdings SA, issuer of the world's largest stablecoin, is in talks with investors to raise as much as $20 billion …
Tether launches the US-regulated USAT stablecoin and names Bo Hines, the former Executive Director of the White House Crypto Council, as CEO of its new US unit
from a misunderstood/opaque offshore stablecoin to a $169B market leader, now pioneering financial innovation in the U.S. Excited for the Tether America launch event. [image] @cowb...
Fiserv aims to launch its own stablecoin by the end of 2025 and partners with PayPal and Circle to develop new products for financial institutions and merchants
Emily Mason / Bloomberg :
Google Cloud suffered an outage on Thursday, affecting many of its customers; Cloudflare, Spotify, Discord, Snapchat, and others experienced service disruptions
Large swaths of the internet went down on Thursday, affecting a range of services, from global cloud platform Cloudflare to popular apps like Spotify.