Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. og_img original_title
اكمل قراءة المقال
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. og_img original_title
اكمل قراءة المقال
A few weeks ago Charles Rangel, the Lion of Lenox Avenue, was carried into St. Patrick’s Cathedral in New York City with a full military guard. Rangel, a longtime U.S. congressman from Harlem, was the chair of the Ways and Means Committtee in the House of Representatives, the committee with authority over taxes, tariffs, and benefits; many consider it to be the most important committee in the House. Until the election of Barack Obama, Rangel was arguably the most powerful African-American politician in the history of the United States. …
اكمل قراءة المقال
On Thursday, Agora became the latest stablecoin company to attract the attention of deep-pocketed venture investors, as the crypto startup announced a $50 million investment led by the blockchain-focused VC firm Paradigm. Cofounded by Nick van Eck—son of the prominent investment management CEO Jan van Eck—along with crypto veterans Drake Evans and Joe McGrady, Agora is competing in an increasingly crowded space dominated by rivals including Circle and Tether. But with the new funding, which follows a $12 million seed round last year, Agora hopes to build up AUSD, its…
اكمل قراءة المقال
Stablecoin fever is still running hot. Zerohash, a crypto and stablecoin infrastructure startup, is set to raise about $100 million at nearly a $1 billion valuation, according to two sources familiar with the deal. The publicly traded online brokerage Interactive Brokers is leading the funding round, said the two sources, who spoke to Fortune on the condition of anonymity to discuss private business dealings. Spokespeople for Zerohash and Interactive Brokers declined to comment. The fundraise follows Zerohash’s Series D from 2022, when the company raised $105 million from investors including…
اكمل قراءة المقال
The S&P 500 followed a record-breaking Thursday by dipping 0.33% Friday after President Donald Trump said he would impose a 35% tariff on Canada on August 1. The stock market dipped on Friday after President Donald Trump issued his latest tariff threat against Canada. The S&P 500 posted a daily decline of 0.33% and was essentially flat over the past week. The Nasdaq notched a daily drop of 0.23%, and the Dow Jones fell 0.63%. The lackluster trading day follows a stellar Thursday when the S&P 500 posted a record…
اكمل قراءة المقال
The Trump administration is suing the state of California to block animal welfare laws that it says unconstitutionally helped send egg prices soaring. But a group that spearheaded the requirements pushed back, blaming bird flu for the hit to consumers’ pocketbooks. The lawsuit, filed in federal court in California on Wednesday, challenges voter initiatives that passed in 2018 and 2008. They require that all eggs sold in California come from cage-free hens. The Trump administration says the law imposes burdensome red tape on the production of eggs and egg products across the country…
اكمل قراءة المقال
The exclusivity period on OpenAI’s $3 billion offer to acquire coding startup Windsurf has expired, an OpenAI spokesperson told Fortune. The expiration of the exclusivity period means that Windsurf is free to explore other options, roughly two months after OpenAI made the offer. It was not immediately clear if Windsurf is shopping the offer around or talking to other potential suitors. It’s also not clear if OpenAI still hopes to eventually complete the transaction with Windsurf. Windsurf could not immediately be reached for comment. AI coding startups, which use generative…
اكمل قراءة المقال
JPMorgan Chase CEO Jamie Dimon made headlines during a high-profile event in Dublin, Ireland, by sharply criticizing the Democratic Party and its approach to diversity, equity, and inclusion (DEI) initiatives. Speaking at a foreign ministry event, in remarks covered by Bloomberg, Dimon did not mince words, declaring, “I have a lot of friends who are Democrats, and they’re idiots. I always say they have big hearts and little brains. They do not understand how the real world works. Almost every single policy rolled out failed.” Dimon’s remarks may be surprising…
اكمل قراءة المقال
Salesforce CEO Marc Benioff, who is known for highlighting the transformative power of artificial intelligence, said AI can either replace us or enhance us. He thinks it must be the latter. “As the CEO of a technology company that helps customers deploy AI, I believe this revolution can usher in an era of unprecedented growth and impact,” Benioff wrote in a Financial Times op-ed on Thursday. “At the same time, I believe humans must remain at the center of the story.” That’s because humans have a “superpower” that AI doesn’t, namely…
اكمل قراءة المقال