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Fed Flags Structural Weak Spots in Stablecoins and Digital Money Funds
Every financial crisis has a villain that nobody saw coming. In 2008, it was mortgage-backed securities. In March 2020, it was prime money market funds, which saw investors pull billions in days as pa...

Meta’s new deal with Nvidia buys up millions of AI chips
Meta has struck a multiyear deal to expand its data centers with millions of Nvidia's Grace and Vera CPUs and Blackwell and Rubin GPUs. While Meta has long been using Nvidia's hardware for its ...

Anduril Fundraising Shows Defense Tech Is Still Red-Hot
In case you missed it on Friday, we broke the news that Anduril is in talks to double its valuation to around $60 billion in a new funding round.The round is notable for more than just its price. Whil...

Private Software Firms Beat AI Disruption Fears With Early Earnings
Privately held software firms McAfee, Rocket Software, Perforce Software and Cloudera released their earnings to lenders ahead of schedule to reassure those lenders at a time when some are concerned t...

Atlassian Freezes Hiring Amid Business Software Market Turmoil
Atlassian, which sells software that developers and other teams inside companies use to track projects, has frozen hiring for engineers and similar roles, the Australian Financial Review reported. The...

Card Issuance Expands as Earnings Season Highlights Platform Economics
Earnings season rarely yields a single organizing narrative, yet the most recent cycle has revealed a narrative tied to cards: Issuance is increasingly positioned as embedded infrastructure. ...

Apple Bets on AI Wearables to Lock in iPhone Users
Apple is accelerating its development of three artificial intelligence (AI)-powered wearable devices: smart glasses, a pendant and AirPods, Bloomberg reported Tuesday (Feb. 17), citing unnamed sources...

Preserving The Web Is Not The Problem. Losing It Is.
Recent reporting by Nieman Lab describes how some major news organizations—including The Guardian, The New York Times, and Reddit—are limiting or blocking access to their content in the Internet A...

Dangerous new Keenadu malware found pre-installed on cheap Android phones and tablets — how to stay safe
A new Android malware was found to be pre-installed on some budget Android phones and tablets by security researchers....

Google’s AI search results will make links more obvious
Google says it will now display links more prominently inside its AI-powered features in Search. Robby Stein, the vice president of Google Search, announced on Tuesday that a list of links will...

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