US AUTHORITY

US Seizes $225M in USDT From Crypto Crime Ring Linked to Philippines

U.S. authorities have seized more than $225 million in Tether (USDT), marking the largest cryptocurrency seizure in the history of the U.S. Secret Service. The funds were confiscated from what prosecutors described as a “sophisticated blockchain-based money laundering network” involved in kidnapping, human trafficking, and other serious crimes. Major Bust of Crypto Crime Syndicate The…

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MicroSoft

Microsoft Stock Hits Record $480 as AI Layoffs Drive Investor Optimism

Microsoft’s Stock surged to an all-time high of $480.24 on Wednesday — a striking milestone that coincides with the company’s latest plans to cut thousands of jobs next month. The surge reflects growing investor confidence in Microsoft’s aggressive artificial intelligence (AI) strategy, even as it reshapes the company’s global workforce. Microsoft shares are now up…

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Federal Reserve

Fed Holds Rates Steady at 4.25%-4.5%, Signals Two Cuts in 2025 as Inflation Lingers

The Federal Reserve has kept interest Rates unchanged, maintaining the target range at 4.25% to 4.5%, while signaling a cautious outlook on inflation amid growing tariff pressures. Policymakers also reiterated expectations for two rate cuts later this year, although recent commentary suggests a more uncertain path ahead. Fed Signals Caution Amid Tariff-Driven Inflation At his…

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Wix

Wix Acquires Fast-Growing AI Coding Startup Base44 for $80M in All-Cash Deal

The tech world is abuzz with talk of “solo unicorns” — one-person AI-driven companies reaching billion-dollar valuations. While none have yet materialized, Israeli developer Maor Shlomo’s six-month-old startup Base44 has brought the concept one step closer to reality. On Wednesday, website builder Wix announced the acquisition of Base44 for $80 million in cash, confirming details…

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Midjourney-V1

Midjourney V1 AI Video Model Goes Live—How It Stacks Up Against Sora & Runway Gen 4

Midjourney, one of the leading AI image generation startups, has officially entered the AI video generation market with the launch of its much-anticipated V1 model. Announced on Wednesday, V1 allows users to upload an image—or use one generated by Midjourney’s other models—and transform it into four distinct five-second video clips. Like Midjourney’s popular image models,…

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