Tag Archives: CNBC

Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

DeFi Development is vying to be the MicroStrategy of Solana.

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Roblox launches new age verification system to unlock unfiltered chats

Users over 13 will be prompted to use the facial-analysis software to estimate their age and determine whether they can access the new “trusted connections.”

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TSMC’s second-quarter profit soars nearly 61%, beating estimates as AI chip demand stays strong

Taiwan Semiconductor Manufacturing Company reported a near 61% year-on-year rise in second-quarter profit on strong AI chips demand.  

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AI-generated music is going viral. Should the music industry be worried?

Experts say that as generative AI becomes more sophisticated, it’s becoming harder and harder for the average listener to distinguish between human and machine.

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Meta and Google are laying a web of globe-spanning subsea cables. We found out what’s involved

U.S. tech giants Meta and Google are rolling out a fast-growing web of transcontinental subsea cables.

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Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading

Coinbase is looking to reach a new subset of consumers who aren’t necessarily interested in buying or trading crypto, the company’s core business.

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OpenAI says it will use Google’s cloud for ChatGPT

Having faced supply shortages, OpenAI will now be drawing on computing resources from CoreWeave, Google, Microsoft and Oracle.

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Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials

New York state officials are pressing Tesla to repeal a company bylaw that limited investors’ rights to sue the EV maker over breaches of fiduciary duty.

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Peter Thiel just bought a big stake in Tom Lee’s ether company and the shares are surging

Bitmine Immersion Technologies recently launched an ether buying strategy and named Fundstrat’s Tom Lee chairman.

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Nvidia CEO Jensen Huang sells another $37 million worth of stock

Huang has unloaded 1.2 million shares, totaling about $190 million, since he started selling stock this year, according to InsiderScore.

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