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A bizarre incident in Washington, D.C., led to the arrest of a former Department of Justice employee after he allegedly threw a Subway sandwich at a U.S. Customs and Border Protection agent. Attorney General Pam Bondi confirmed Thursday that the man, identified as Sean Charles Dunn, has been fired. “I just learned that this defendant…
Bitcoin and ether reached new heights this week, signaling growing institutional confidence and broader adoption in the cryptocurrency market. Bitcoin Breaks July Record Bitcoin hit a new all-time high late Wednesday, climbing to $124,496 and surpassing its July peak of $123,193.63, according to Coin Metrics. The surge followed a cooler-than-expected July inflation report, which spurred…
Saudi Arabia’s Public Investment Fund (PIF) reported a significant $8 billion write-down in its so-called “gigaprojects” at the close of 2024, even as its total assets under management (AUM) soared to nearly $1 trillion. The move highlights the kingdom’s balancing act between ambitious economic diversification and the realities of a volatile oil market. Declining Gigaproject…
Canadian AI startup Cohere is making a bold move to strengthen its position in the enterprise AI space by hiring Joelle Pineau, former VP of AI research at Meta. Pineau, a McGill University professor and co-developer of Meta’s open Llama models, joins Cohere as Chief AI Officer to oversee AI strategy across research, product, and…
Swedish buy-now-pay-later (BNPL) firm Klarna has reported robust AI-driven sales growth in the second quarter, achieving an impressive $1 million in revenue per employee. The company posted total revenues of $823 million for the period, alongside adjusted operating profits of $29 million, a sharp rise from $3 million in Q1. Klarna credited its AI adoption…
Apple has announced a redesigned Blood Oxygen feature for its Watch Series 8, Series 10, and Apple Watch Ultra models, marking a strategic return of the health-monitoring tool following a U.S. import ban. The update comes as part of a software tweak that shifts blood oxygen calculations from the Apple Watch to the paired iPhone….
Google on Thursday unveiled Flight Deals, a new AI-driven tool within Google Flights designed to help travelers find cheaper fares more efficiently. The feature targets “flexible travelers” by allowing users to type natural language queries, such as “week-long trip this winter to a city with great food, nonstop only” or “10-day ski trip to a…
Startup Palabra AI, founded in 2023 by Artem Kukharenko and Alexander Kabakov, is addressing one of the most complex problems in AI: real-time speech translation. Unlike text translation, which large language models (LLMs) handle efficiently, speech translation requires instantaneous language switching while maintaining natural, human-like voice quality. Reddit co-founder Alexis Ohanian, whose venture firm Seven…
Crypto payments network Mesh has raised over $130 million in a funding round led by top investors, including PayPal Ventures, Coinbase Ventures, Uphold, ByBit’s Mirana Ventures, and SBI Investment. The capital will support Mesh’s expansion in the global payments market, enhancing its infrastructure and product offerings. 🚨 Excited to share we’ve raised our total funding…
Standard Chartered has sharply raised its Ethereum (ETH) price forecast for 2025 to $7,500, up from a previous $4,000 target. The British bank cited robust institutional buying and accelerating stablecoin adoption as key drivers for the bullish outlook. According to the report shared with Cointelegraph, treasury companies and exchange-traded funds (ETFs) have acquired 3.8% of…