Ten years after Ethereum’s DAO disaster, it’s time to try again
It’s been a decade since I frantically pounded out a warning letter known as The DAO Moratorium. So urgent was the missive that we pushed the document live before it…
Finance
Bob Diamond: The settlement window is closing as 24/7 trading opens up
When I started my career at Morgan Stanley in the early 1980s, trades were executed over landlines and settled with handwritten tickets. Over the following four decades, the industry built…
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
The recent tech layoffs would initially appear to indicate the great labor shift from human workers to AI may already be happening. Meta announced last week in a memo that…
China’s decision to block the $2 billion Meta-Manus deal shows how far Washington and Beijing are drifting apart over AI
China has blocked Meta’s deal to acquire AI startup Manus. The National Development and Reform Commission, the country’s top macroeconomic regulator, unceremoniously posted on Monday that it had “decided to…
You should pick your credit card perks like Warren Buffett picks his stocks, TD Bank exec says
If you’re a Boglehead like myself, you can talk endlessly about the compounding powers of the three-fund “lazy portfolio”: some bonds, some domestic stocks, and some international ones. Set it…
Musk vs. Altman: Burning Man, a ‘diary,’ and a trial almost no one thinks Musk can win
The most expensive frenemy fallout in tech history began Monday, in a federal courtroom in Oakland. After over a decade of partnership, Tesla CEO Elon Musk is suing OpenAI CEO…
Bitcoin drives back toward $80K—but one billionaire may be fueling much of the rally
Bitcoin’s price has climbed roughly 15% over the past month, and crossed above $79,000 over the weekend. The oldest cryptocurrency is now sitting at around $77,000, which is the highest…
White House to evaluate event security protocols after third shooting attempt against Trump
Federal law enforcement officials are evaluating how to proceed with some high-profile public events featuring President Donald Trump after the attack at the White House Correspondents’ Dinner. It’s the third…
Toxic chemicals are raising infertility in humans, fish, birds, and insects: ‘A whisper that is powerful enough to redirect a hurricane’
Earlier this month, the Centers for Disease Control and Prevention announced that fertility rates, the average number of births women are projected to have over their lifetime, fell to a…
Apple’s longtime CEO sat out the crypto revolution. His successor should choose a different path
It’s been quite a run for Tim Cook. During his 15 years as the head of Apple, Cook grew the company’s market cap from $350 billion to $4 trillion and…