Sam Altman and AI’s decel debate
OpenAI CEO Sam Altman recently said that it may be time to “pace the rate of AI development” so that society can “harden around some of these new capability levels.” On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I discussed how Altman’s comments were probably prompted by a recent hack…
Teleprompter Operator Accused in Kalshi Betting Case Is No Longer a Federal Employee
A White House teleprompter operator at the center of Trump speech betting allegations is out of government. White House teleprompter operator Gabriel Perez is no longer employed by the federal government after being placed on unpaid leave over allegations that he used insider knowledge to bet on President Donald Trump’s speeches, according to another…
Are AI PCs Worth the Investment? A CIO Roadmap
Enterprise AI strategies are entering a new phase as executive teams increasingly expect CIOs to demonstrate measurable business value from their technology investments. Organizations should seek ways to deploy it in ways that improve productivity, strengthen security, and deliver return on investment (ROI). As AI becomes part of everyday work, endpoint devices are playing a…
BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend
Key Takeaways Bitcoin fell to $62,236 on July 31, reducing its market capitalization to $1.26 trillion. Altcoins tracked the slide as total market cap fell to $2.22 trillion by Aug. 2, though ADA surged 15.3%. Passage of the CLARITY Act before the U.S. Senate recess could catalyze a rally despite macro headwinds. Bitcoin’s July Rally…
Strategy keeps STRC dividend at 12% below $90
Strategy Inc. kept the annual dividend rate on its STRC preferred stock at 12% for August 2026, even though the Nasdaq-listed security ended July more than 10% below its $100 stated amount. Summary 12% annualized dividend remains unchanged for August despite STRC closing July at $89.46 per share. $3.75 billion reserve covers roughly 2.1 years…
Snapchat bans fully AI-generated videos from Spotlight recommendations
Snapchat is officially joining the race to clean AI slop out of social media. The company announced July 31 that wholly AI-generated videos will no longer be eligible for recommendation in Spotlight, Snapchat’s discovery feed for trending videos from creators across the platform in order to “reward authentic creativity.” The policy does not prevent users…
The Good, The Bad, and the Ugly
We will also review the weekly performance of the funds, which ended on a high note. The spot exchange-traded funds tracking Ripple’s cross-border token continue with their impressive performance in times of market uncertainty, and saw only one day of no reportable action in the past week, unlike the previous ones. July also ended…
The James Webb Telescope Is Changing Astronomers’ Understanding of the Ancient Cosmos
To test these new ideas, researchers are exploring the infant universe through simulations. “There’s actually been really remarkable progress since Webb launched, really in the last year or so, on numerical simulations,” Somerville told attendees, adding that these new simulations “perhaps are more appropriate and more informative for interpreting observations in the high-redshift universe.” As…
Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack
Key Takeaways Coinkite emailed buyers dating back to 2019 to warn of a bug, sparking anger over data retention. Users slammed the firm for storing email data despite past claims of erasing buyer info after 90 days. Coinkite defended holding emails for account logins, but admitted it lacks a data deletion schedule. Coinkite Faces Criticism…
Coldcard users face urgent seed migration warning
Dogecoin community contributor Mishaboar urged Coldcard users on Aug. 1 to move their Bitcoin to wallets controlled by newly generated seed phrases. Summary 1,367.05 BTC worth $88.6 million was drained from 4,585 addresses across three suspected attack waves. Coinkite says firmware updates protect new seeds but cannot repair seed phrases from vulnerable versions. Mishaboar advised…
