On today’s Uncanny Valley, we dive into the dysfunction in Meta’s newly formed AI unit and why it’s been driving already-low employee morale even further into the ground. Source: www.wired.com Read Full Story
Alexander Mashinsky, the founder of failed crypto lender Celsius, had earlier been imprisoned for fraud and is now formally banned from CFTC registration. Source: www.coindesk.com Read Full Story
As the MiCA grace period closes, only a fraction of registered firms hold full licenses, setting up the prospect of a wave of consolidation. Source: decrypt.co Read Full Story
Want to keep track of the largest startup funding deals in 2026 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. This is a weekly feature that runs down the week’s top 10 announced funding rounds in the U.S. Check out last week’s biggest funding deal…
Gold (XAU) confirmed a fresh lower low on June 11, extending a downtrend that began at its $5,598 record. Market intelligence expert Clem Chambers warns the metal may keep falling like a spent rocket. The metal trades near $4,324, little changed on the day, after a US-Iran peace deal eased geopolitical tensions that powered its…
Elon Musk’s personal fortune has surpassed the market value of Bitcoin, a milestone that shows how quickly SpaceX’s public-market debut has reshaped both wealth rankings and the broader conversation around speculative risk. According to Bloomberg’s Billionaire Index, Musk’s net worth rose to about $1.32 trillion as SpaceX shares traded above $200, extending a rally that…
Anthropic has spent much of this week fighting to get its newest AI models back online after the Trump administration abruptly ordered the company to cut access for all foreign nationals, including users inside the US and its own employees, forcing Anthropic to block access to Fable 5 and Mythos 5 for everyone. “To my…
On Sunday, a team of nine researchers at Sina Weibo — the Chinese social media giant better known for its microblogging platform than for cutting-edge artificial intelligence — quietly posted a 14-page technical report to arXiv that sent shockwaves through the AI research community. Their claim: a language model with just 3 billion parameters can…
SpaceX’s valuation has increased by $1 trillion since its shares started trading on Friday. Source: techcrunch.com Read Full Story
Federal prosecutors allege five men planned to use explosive-laden drones and sniper teams to take out “high-value targets” at the UFC event. Source: decrypt.co Read Full Story