2024-11-15
Good morning rebels, Happy Friday! Here comes your daily dose of digital dynamics! 🌊
Investing
- Trump's anticipated presidency is expected to favor less regulation for the AI industry, prioritizing speed over safety in tech development. link
- In the current market debate, crypto's appeal contrasts with Warren Buffett's traditional investment philosophy. link
- Elon Musk's Dogecoin (DOGE) may have beneficial use cases, despite its meme status. link
- China is increasing domestic consumption through stimulus while preparing for potential tariffs from the US. link
- The UK faces challenges as the Chancellor seeks financial support amid economic fluctuations. link
Big Tech
- Meta to appeal orders allowing states to sue over addiction, impacting accountability in tech. link
- Samsung announces a surprise $7 billion buyback amid ongoing AI-related market fears. link
- AI productivity advancements in the UK projected to be a decade away due to various economic factors. link
- Musk’s X sues California to block a deepfake deception act, highlighting tension between regulation and innovation. link
- The AI industry anticipates regulatory rollbacks under Trump's expected second term, hoping for fewer restrictions. link
Crypto
- Stablecoin startup BVNK is seeking funding following a major deal with Stripe. link
- VanEck's executive predicts that institutional investment could drive Bitcoin's price to $180,000 within a year. link
- A bill in Pennsylvania aims to allocate $7 billion from state funds for Bitcoin Strategic Reserve purchases. link
- Bitcoin ETF holders are taking profits after a streak of gains, with a notable $400 million outflow. link
- Tether has launched
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