US Bancorp is piloting its own stablecoin on the Stellar blockchain, with executives calling the ability to freeze assets “particularly appealing.” This represents a major shift from crypto’s original vision of censorship-resistant money toward bank-controlled infrastructure.
Baobab Ventures has launched a $15 million fund specifically for AI projects, focusing on pre-seed and seed technical teams. Founder Stijn Reina, who previously invested in Revolut and ElevenLabs, says the fund will provide hands-on operator experience to help startups navigate the accelerated AI la
Fortune 500 companies are eliminating tens of thousands of positions across multiple sectors. The cuts come as businesses cite AI investment, corporate restructuring, and economic pressures including tariffs.
S&P Global Ratings has downgraded Tether’s stability assessment to rock bottom. The rating agency highlights risky reserves, lack of transparency, and growing exposure to volatile assets like Bitcoin. This raises serious questions about the world’s largest stablecoin’s safety.
An AI company’s chief technology officer faces federal charges for illegally exporting Nvidia chips to China. Now the company claims he was never actually their CTO, despite multiple official documents stating otherwise.
Public EV charging points have doubled globally since 2022, reaching over five million. Yet one in seven charging attempts in the U.S. still fails due to software fragmentation. A German startup’s open-source solution aims to create a universal language for all chargers.
The European Innovation Council has made its first equity investments under the STEP scale-up scheme, backing quantum computing firm IQM and semiconductor company Zadient. Both companies are working on technologies critical to Europe’s strategic independence. The moves signal a major push into deep-
China has launched the world’s first 5G-Advanced service specifically for high-speed rail networks. The breakthrough solves chronic connectivity problems that plagued passengers traveling at ultra-high speeds. Using a co-sharing model, the system delivers gigabit speeds and specialized premium packa
Spotify is reportedly planning another price hike for US subscribers in early 2026. This would be the third increase since 2023, potentially pushing the basic Premium plan to around $14 monthly. Despite previous hikes, the streaming giant continues adding millions of subscribers worldwide.
Nvidia posted a defensive message on X after its stock dropped over 2.5% on news that Google is expanding its TPU chip business. The chipmaker faces growing pressure from Google’s successful Gemini 3 model and criticism from investor Michael Burry.
