Prolific tech analyst Dan Ives is exiting Wedbush for a new venture
Ives said the new firm will seek to build what he described as a “modern merchant bank.” Source: www.cnbc.com Read Full Story
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Autonomous vehicle hype is back, and Humble Robotics is bringing it to freight
The autonomous vehicle space is starting to feel like a repeat of the 2016 hype cycle. Travis Kalanick is back building a robotics company, and the talent wars and capital are heating up the same way they did the first time around. The money’s flowing back, and it’s the people who lived through that first…
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Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The crypto wallet is doubling down on perpetual futures after hiring the builders behind one of Hyperliquid’s highest-profile market experiments. Source: www.coindesk.com Read Full Story
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Kalshi Sports Markets Banned in Michigan as Temporary Blackout Takes Effect
A Michigan judge granted a restraining order preventing the prediction market from offering sports-related wagers for the next 14 days. Source: decrypt.co Read Full Story
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Google’s Gemini Omni Flash and Nano Banana 2 Lite support slick media content creation at lower costs
Google LLC is enhancing its generative artificial intelligence capabilities for creators with the debut of a pair of new media-focused models in the Gemini Enterprise Agent Platform. The new additions are Gemini Omni Flash and Nano Banana 2 Lite, and according to Google, they’re designed for better quality image and video generation at lower prices,…
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TD Cowen slashes Strategy target to $260 on bitcoin outlook, calls new capital framework ‘constructive’
TD Cowen cut its Strategy price target to $260 from $400 on a lower bitcoin forecast, while calling its new capital framework “constructive.” Source: www.theblock.co Read Full Story
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Bernie Sanders Saw This Coming
For decades, the senator has argued that concentrated wealth threatened American democracy. Now he’s betting that frustration with Big Tech, billionaires, and unchecked AI is reaching a tipping point. Source: www.wired.com Read Full Story
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AI Cuts Animation Costs by 90% as Hollywood Braces for Mass Layoffs
Filmmakers are already using artificial intelligence (AI) to cut animation production costs by up to 90%. New labor data from California confirms the industry is not waiting for the technology to mature. Los Angeles County’s motion picture and sound recording sector shed 6,700 jobs year-over-year through May 2026. In total, those losses represent more than…
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Tidal won’t pay royalties on AI-generated music but isn’t banning it outright
Tidal shared its new policies regarding AI-generated music today and how the platform plans to “protect artists” and “inform listeners.” Instead of banning it outright, starting on July 15th Tidal will label tracks it has identified as being 100 percent AI-generated with an icon. But starting today those tracks will no longer be monetizable. “Tidal’s…
