News
Coinbase’s $667 Million Loss Snaps Eight-Quarter Profitability Streak
1+ hour, 52+ min ago (647+ words) Coinbase's weak Q4 ($667 million loss, revenue down ~20% ) shows crypto still relies heavily on trading cycles. The company is shifting toward an "everything exchange" model " using stablecoins, payments, lending and subscriptions to monetize customer assets, not just trades. Strong full-year growth and…...
Anthropic Valuation Hits $380 Billion as Enterprise AI Demand Explodes
2+ hour, 41+ min ago (335+ words) Anthropic'raised'$30 billion'in a Series G funding round that valued the company at $380 billion. Anthropic was valued at'$183 billion'five months ago, when it raised'$13 billion'in a Series F'funding round. In its Thursday press release, Anthropic attributed the investors" interest in part…...
ByteDance’s Seedance 2.0 Builds Buzz in Expanding Video Generation Market
3+ hour, 11+ min ago (412+ words) The latest artificial intelligence breakthrough from Chinese tech giant ByteDance has ignited fresh excitement in China's AI sector, with its newly unveiled Seedance 2.0 video-generation model going viral on social media and prompting comparisons to last year's DeepSeek moment, according to…...
SEC Chairman Urges Senate to Future-Proof Crypto Market Rules
3+ hour, 22+ min ago (414+ words) Securities and Exchange Commission(SEC)Chairman Paul S. Atkins told a Senate committee Thursday (Feb. 12) that legislation like the CLARITY Act is the best way to provide long-term certainty for crypto markets. Speaking during a Senate Banking Committeehearingon oversight of the…...
CFOs Eye Stablecoins as Capital Tool, Not a Crypto Bet
3+ hour, 40+ min ago (669+ words) CFO focus is shifting from crypto adoption to capital efficiency, weighing areas where stablecoins can provide real-time liquidity and faster global cash movement. Adoption is becoming use-case driven rather than a single enterprise-wide bet, with companies selectively applying stablecoins to…...
Bank of Canada Deputy Governor Says Economy Needs Small Business AI
4+ hour, 48+ min ago (435+ words) Broader adoption of artificial intelligence by small and medium-sized businesses (SMBs) could boost Canada's productivity, Bank of Canada Senior Deputy Governor Carolyn Rogers said Thursday (Feb. 12), according to a report by Bloomberg. Speaking at a conference in Toronto, Rogers said…...
LSEG to Unite Traditional and Digital Markets With On-Chain Settlement
5+ hour, 47+ min ago (360+ words) LSEG plans to build an on-chain settlement capability for institutional market participants. The global provider of financial markets infrastructure and data said in a Thursday (Feb. 12) press release that this solution, the LSEG Digital Securities Depository (DSD), is part of…...
FTC Warns Apple Over Alleged Political Bias in Apple News
6+ hour, 43+ min ago (290+ words) The Federal Trade Commission has formally contacted Apple regarding allegations that its Apple News platform may exhibit political bias in how it curates and promotes content. In a letter sent Wednesday to Apple CEO Tim Cook, FTC Chairman Andrew N. Ferguson…...
Investing App Alinea Forms Crypto-Trading Pact With Zerohash
6+ hour, 52+ min ago (434+ words) Alinea Invest launched a partnership with digital asset infrastructure provider Zerohash, according to a Thursday (Feb. 12) news release. The collaboration allows users to invest in cryptocurrency along with stocks and exchange-traded funds (ETFs) within the Alinea platform, the release said....
The Accountability Gap: Why AI Efficiency Is Outpacing Business Control
7+ hour, 13+ min ago (639+ words) Companies have spent the past two years racing to deploy artificial intelligence (AI) agents across sales, finance, operations and customer support. Now, a new constraint is surfacing inside the enterprise: the technology is scaling faster than the management structures designed…...