OCC grants conditional approval for Trump-backed World Liberty National Trust bank
President Donald Trump-backed World Liberty Financial secured preliminary approval to become a national trust bank on Friday. Source: www.theblock.co Read Full Story
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Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets
Berkshire owned about 106 million shares in the parent of Google, worth $37.9 billion at the end of June, according to a regulatory filing released Friday. Source: www.cnbc.com Read Full Story
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France Tax Data Leak Could Fuel Scams, Attacks Targeting Bitcoin Holders
A hacker is reportedly selling personal and financial records tied to more than 678,000 taxpayers and businesses in France. Source: decrypt.co Read Full Story
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The Next Big Influencer Is This 4-Foot-Tall Robot From China
The Unitree G1 has found online fame as a relatively affordable robot that can charm a crowd. But can it ever hold down a real job? Source: www.wired.com Read Full Story
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Morgan Stanley’s Bitcoin ETF drew $371 million of share contributions while Bitcoin erased $66.8 million
Morgan Stanley Bitcoin Trust (MSBT) recorded a $66.8 million decrease in net assets from operations during its first 85 days, even as the exchange-traded fund brought in $371.1 million of gross share contributions against $5.26 million of redemption distributions. The trust’s first quarterly filing shows creations dominated redemptions while Bitcoin fell. Redemption distributions equaled 1.42%…
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U.S. SEC to again delay ‘innovation exemption’ for tokenization amid Wall Street, White House concerns
The SEC was ready to release at least some part of the innovation exemption alongside its now-canceled open meeting for “Reg Crypto” on Friday. Source: www.coindesk.com Read Full Story
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Microsoft’s Clippy-like Mico character is no longer the face of Copilot
Mico is headed to Learn Live. | Image: Microsoft Microsoft Copilot will no longer show its emotive yellow blob, Mico, when you use the chatbot’s voice mode. In a support page, Microsoft says it’s going to move Mico to its Learn Live platform, where the avatar will have “more to react to,” as reported earlier…
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How A Teenage Carpenter Became The Founder Of AI Construction Startup Trunk Tools
Editor’s note: The following is the second profile in a series of articles about startup founders from non-technical backgrounds who have launched successful venture-backed companies. Read the previous interview with MagicSchool AI founder Adeel Khan here. Before founding Trunk Tools, an AI startup for the construction industry, Sarah Buchner spent more than a decade working…
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Novo Nordisk CEO Concedes Eli Lilly’s Market-Share Gains as Stock Slumps
Novo Nordisk’s stock keeps falling even when the news is good, and CEO Mike Doustdar just admitted why. Eli Lilly is beating Novo at its own game. Doustdar sat down with CNBC’s Jim Cramer this week to explain the disconnect. Novo, famous for its GLP-1 medication Ozempic, raised its full-year sales guidance on August 4,…
