Category Archives: Business

69,000 Bitcoins Are Headed for the US Treasury—While the Agent Who Seized Them Is in Jail

The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US. The former IRS agent who seized the recording-breaking sum, meanwhile, languishes in a Nigerian jail cell.

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Amazon Dreams of AI Agents That Do the Shopping for You

Amazon feeds its large language models vast quantities of retail data. It says its AI agents might someday be smart enough to buy you stuff without you even having to ask.

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Ring’s New AI Search Tool Lets You Easily Scan Videos—With Mixed Results

The Amazon-owned home-surveillance business will offer users the ability to search footage for specific objects and actions. WIRED gave it a try.

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X Is Back in Brazil

Brazil’s Supreme Court has lifted its ban on X after the company paid a $5.1 million fine and blocked accounts accused of breaking the law.

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Unmasking Bitcoin Creator Satoshi Nakamoto—Again

A new HBO documentary takes a swing at uncovering the real identity of Satoshi Nakamoto, inventor of Bitcoin. But without incontrovertible proof, the myth lives on.

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FTX Customers Will Get Back Billions After Judge OKs Bankruptcy Plan

A US judge has authorized a plan for fallen crypto exchange FTX to return money to former customers, as the drawn-out bankruptcy process approaches its end.

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The OpenAI Talent Exodus Gives Rivals an Opening

OpenAI built a reputation for making bold research bets before others. After a recent brain drain, it needs to attract a new generation of researchers to keep this going.

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Where Have All the Chief Metaverse Officers Gone?

The captains of industry that were going to pilot us through new virtual worlds are still around. They’re just going by a new name.

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The Race to Block OpenAI’s Scraping Bots Is Slowing Down

OpenAI’s spree of licensing agreements is paying off already—at least in terms of getting publishers to lower their guard.

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This Homemade AI Drone Software Finds People When Search and Rescue Teams Can’t

British Mountain Rescue workers have developed an automated drone system that can scour a landscape far quicker and more thoroughly than human eyes.

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