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Robinhood has approved a new $1.5 billion share repurchase program, giving the company more than $1.1 billion of additional capacity as management signals confidence in its strategy and financial strength. The company said it expects to execute the refreshed authorization over about three years, while keeping flexibility to move faster if market conditions allow. The…
The US Department of Defense appears to be illegally punishing Anthropic for trying to restrict the use of its AI tools by the military, US district judge Rita Lin said during a court hearing on Tuesday. “It looks like an attempt to cripple Anthropic,” Lin said of the Pentagon designating the company a supply-chain risk….
OpenAI Funding Push Extends Runway Ahead of Potential IPO Bloomberg reported on Tuesday that OpenAI is nearing a deal for roughly $10 billion in additional primary equity, with investors including MGX, Coatue Management, Thrive Capital, and possibly Altimeter Capital. The tranche is priced at the same $730 billion pre-money valuation set during the company’s February…
Prediction market leaders Polymarket and Kalshi are escalating their battle against insider trading. Both platforms announced significant updates to their rulebooks and surveillance tools this Monday to root out market manipulation. This isn’t just a routine compliance update. It comes as Democratic lawmakers explicitly target these markets, seeking to ban betting on elections and conflicts…
For generations, Ida Huddleston and her family have owned a farm in Northern Kentucky. And they’ve turned down at least one multimillion-dollar offer to preserve it. Last year, a “major artificial intelligence company” offered them $26 million to sell part of their farm for a proposed data center, according to a recent report from WKRC….
High Stakes Capital has fully exited a 602,421 HYPE position for $22.9m around $38, extending a broader wave of profit‑taking among Hyperliquid whales near record highs. Summary HYPE is trading around $38.86 after whale High Stakes Capital fully exited a position worth nearly $22.94 million over 24 hours. The address offloaded 602,421 HYPE at an…
The Solana Foundation and its affiliates, such as Monke Foundry, distribute tens of millions in grants each year. This week, a public debate about support for builders on Solana spilled into full view, with Vibhu Norby, the Solana Foundation’s chief product officer, posting a detailed rebuttal, where they cited $650 million raised by alumni…
The FCC bans new foreign-made routers over national security risks, a move that could reshape the US tech supply chain and impact pricing and availability. The post US Bans New Foreign-Made Routers, Citing ‘Unacceptable’ Security Risks appeared first on TechRepublic. Source link
From Fishing Rods to Riches: Ireland Recovers $32M in ‘Lost’ Bitcoin from 2019 Case On Tuesday, The Irish Times reported that Irish investigators achieved a massive technical breakthrough by gaining access to a dormant wallet containing 500 BTC, valued at roughly $32 million (€30 million). This single victory marks the first successful entry into a…
