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June, 2025

June, 2025

Nvidia CEO Rebuts Anthropic CEO’s Dire Prediction of AI Taking Jobs
Nvidia CEO Jensen Huang said Wednesday (June 11) that Anthropic CEO’s prediction of artificial intelligence (AI) destroying half of entry level white collar jobs “doesn’t make sense.” [con...
Senate’s Stablecoin Bill Heads to Final Vote After 68-30 Procedural Vote
The stablecoin bill moving through the U.S. Senate reportedly got closer to final passage Wednesday (June 11) after a 68 to 30 procedural vote removed an obstacle. [contact-form-7] The vote ...
Farsight Raises $16 Million for Financial Automation Platform
Farsight, an automation platform for financial institutions, raised $16 million in a Series A funding round. [contact-form-7] The capital will help Farsight develop its product, scale its te...
Morgan Stanley Predicts New All-Time Highs for S&P 500 Amid Weaker US Dollar, Better Earnings Revisions, Incoming Fed Rate Cuts and More
Investment banking giant Morgan Stanley believes the S&P 500 will not revisit its April lows and instead rally to new all-time highs within a year. Morgan Stanley’s global head of corporate credit r...
Payments Giant Stripe To Acquire Crypto Wallet Provider Privy Following $1,000,000,000 Purchase of Stablecoin Firm: Report
Payments platform Stripe has announced its acquisition of a crypto wallet provider shortly after closing a $1 billion deal to purchase the stablecoin firm Bridge. In a post on the social media platfor...
Inside the Stream: Starz’s Streaming Strategy
Starz will split off from Lionsgate in 2025 and on today’s podcast we discuss Starz’s streaming strategy, as outlined by CEO Jeffrey Hirsch in a presentation at the UBS Global Media & Communicat...
Inside the Stream: Amazon Rules Streaming Video Distribution; Comcast is Indifferent
Bloomberg’s Screentime 2024 conference in LA offered opportunities to hear directly from a variety of industry executives about their companies’ streaming initiatives and results (all video inte...
3 Altcoins to Watch After Slow US CPI and Inflation
Altcoins are showing renewed strength following the latest US CPI data, which revealed a soft 0.1% inflation increase in May. XRP, Hyperliquid (HYPE), and Virtuals Protocol (VIRTUAL) are three tokens ...
The Galaxy Z Fold 7 could be the fastest foldable yet with Snapdragon 8 Elite power
An FCC listing suggests that Samsung will likely offer the Snapdragon 8 Elite chip in its next foldable device....
Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage
The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending the filibuster option and moving the bill toward a final...
Newswire > June, 2025
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