In brief Apple’s head of foundation models, Ruoming Pang, has left to join Meta’s Superintelligence Labs, dealing a blow to Apple’s in-house …
Meta
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Finance
Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
by shayaanby shayaanPresident Donald Trump and Elon Musk’s fallout caused a major spikes in memecoin launches and trading, with the largest tokens by trading …
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In brief Circle’s stock price peaked at $123 on Friday, effectively quadrupling since its IPO yesterday. Its first-day surge outpaces even tech …
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Mining
Bitcoin Miners Notch Gains as Meta Signs 20-Year AI Deal With Nuclear Plant
by shayaanby shayaanBitcoin BTC$106,274.90 trading at or about record highs hasn’t proven to be much of a benefit to the roughed up the BTC …
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Adoption
Bloomberg analyst foresees Meta as trailblazer in corporate Bitcoin integration
by shayaanby shayaanMeta could be the first US corporation of its scale to place Bitcoin (BTC) on its balance sheet, according to Bloomberg senior …
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Meta Platforms shareholders rejected a measure that urged the company to add Bitcoin (BTC) to its $72 billion cash pile, voting 4.98 …
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After the GENIUS Act failed in the Senate last week, legislators added a few bipartisan amendments. These represent significant concessions to the …
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Markets
As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins
by shayaanby shayaanTech titan Meta (META) has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a …
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Meta has poured a staggering $45 billion into its metaverse ambitions since 2020, creating one of tech’s most controversial investment stories. Despite …
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Scams
Meta Accused of Assisting China’s AI Ambitions, Whistleblower to Tell Congress
by shayaanby shayaanA new testimony is set to raise uncomfortable questions about Meta’s relationship with China and its long-term implications. That’s the explosive allegation …