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Litigation Finance Firm Burford Eyes Ownership of Law Firms
Non-lawyers are largely forbidden from owning law firms in the United States. [contact-form-7] Financial services firm Burford Capital wants to change that, the Financial Times (FT) reported...
Meta Eyeing Fourth Revamp of AI Teams in Six Months
Meta is reportedly reconfiguring its AI efforts, the fourth such restructuring in six months. [contact-form-7] The tech giant’s new artificial intelligence (AI) unit, Meta Superintelligenc...
Tokenized Assets Hit $270 Billion Record as Institutions Standardize on Ethereum
The market for tokenized assets has quietly reached a new milestone, with assets under management (AUM) soaring to an all-time high. This surge highlights how Ethereum’s infrastructure increasing...
Card Delinquencies Below Pre-COVID Levels
Credit card delinquencies among American consumers reportedly crept up slightly last month. [contact-form-7] The average delinquency rate, which measures late payments, rose to 2.66% in July...
Citigroup Ventures into Stablecoin Custody and Payments as U.S. Legislation Signals Crypto Adoption
Citigroup (NYSE: C) is focused on positioning itself at the center of the digital assets adoption movement by exploring stablecoin custody and payment services. This move comes in response to a law pa...
Card Rewards at ‘Inflection Point’ as Companies Court Ultra-Rich
Have you found yourself struggling to make the most of your credit card rewards? [contact-form-7] According to a Sunday (Aug. 17) report by The New York Times (NYT), you aren’t alone, as b...
Bitcoin Shows Low Volatility Ahead of Fed-Fueled Week, Calm Before the Storm?
Bitcoin (BTC) enters the new week with rare calm, even as macro forces loom that could define the market’s direction through the remainder of August. Despite low trading volumes characteristic of...
Character.AI CEO Envisions Future With ‘AI Friends’
Would you count an AI among your list of friends?  [contact-form-7] Karandeep Anand, the CEO of artificial intelligence (AI) chatbot company Character.AI, told the Financial Times (FT) Sund...
Retail Earnings Could Assess Consumers’ Post-Tariff Health
This week will see Walmart and other major U.S. retailers report their quarterly earnings. [contact-form-7] And as Bloomberg News noted in a report Saturday (Aug. 16), these numbers will off...
Gemini Pursues IPO Amid Surge in Losses
Cryptocurrency exchange Gemini says it is ready to go public amid rising losses. [contact-form-7] The company, led by billionaire twin brothers Cameron and Tyler Winklevoss, filed for an ini...
Newswire > Tag: new
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