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Alibaba AI models hit 3 billion downloads, passing Meta, Google

16 August 2026 No Comments

Alibaba Group Holding’s open-weight models have accumulated more than 3 billion global downloads in the past six months, eclipsing Meta Platforms Inc., Alphabet Inc. and domestic peers to become the…

Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble

16 August 2026 No Comments

The first U.S.-Japan joint intervention in three decades aimed at boosting the yen has come and gone without doing much to ease anxiety in currency markets. Treasury Secretary Scott Bessent’s…

Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One

15 August 2026 No Comments

President Donald Trump’s administration on Friday asked the U.S. Supreme Court to allow the White House to continue construction on its $400 million ballroom project while it appeals a lower…

People are going to extreme lengths to stop themselves from being filmed through Meta’s ‘pervert glasses’

14 August 2026 No Comments

There’s an ongoing arms race to protect identities and privacy in the age of facial recognition, biometric scanning and data collection. Now, some of those concerns are coming from the…

‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse

14 August 2026 No Comments

President Donald Trump’s onslaught of tariffs was initially meant to grow government revenue. However, they may have inadvertently enabled a multi-billion dollar tax scheme for the U.S. economy: Companies have…

Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

14 August 2026 No Comments

The U.S. and Iran remain deadlocked over reopening the Strait of Hormuz as each side tries to see how long the other can hold out, and signs of significant oil…

Code Metal lands $80 million Pentagon deal to modernize military wargaming

14 August 2026 No Comments

Preston Fore here. Landing a defense contract has historically meant navigating layers of government bureaucracy, with proposals often taking years to turn into cash. But software unicorn Code Metal is…

A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted

14 August 2026 No Comments

Amid the tensions spurred by President Donald Trump’s proclaimed desire to annex Greenland, one Texas driller made plans to create an oil boom along the Danish territory’s sparsely populated east…

Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit

14 August 2026 No Comments

Anthropic investors have been kicking the tires on what could be the most valuable initial public offering in history. A handful of the frontier lab’s backers confirmed to the Financial…

Airbnb CEO Brian Chesky says AI writes 60% of its code—and sustaining ‘founder mode’ is the key to winning in the age of AI

14 August 2026 No Comments

Airbnb CEO Brian Chesky has never left “founder mode.” He prioritizes developing trust, attention to detail, and organization. And in the age of AI, he argues companies need to keep…

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