Month: April 2025

Microsoft CEO says up to 30% of the company’s code was written by AI

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Microsoft CEO Satya Nadella said that 20%-30% of code inside the company’s repositories was “written by software” — meaning AI — during a fireside chat with Meta CEO Mark Zuckerberg at Meta’s LlamaCon conference on Tuesday. Nadella gave the figure after Zuckerberg asked roughly how much of Microsoft’s code is AI-generated today. The Microsoft CEO … Read more

Meta’s LlamaCon was all about undercutting OpenAI

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On Tuesday, Meta held its first-ever AI developer conference, LlamaCon, at its Menlo Park, California headquarters. The company announced the launch of a consumer-facing Meta AI chatbot app, which will compete with ChatGPT, as well as a developer-facing API for accessing Llama models in the cloud. Both releases aim to expand adoption of the company’s … Read more

Trump Media considers crypto token and wallet for streaming arm

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Trump Media and Technology Group, the social media conglomerate backed by US President Donald Trump, is considering integrating a crypto token and wallet into its video streaming site, Truth+. “We’re exploring the introduction of a utility token within a Truth digital wallet that can initially be used to pay for Truth+ subscription costs, and later … Read more

Waymo and Toyota are dating. If they get serious, a new autonomous vehicle could be created.

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Waymo and Toyota have agreed to explore a possible deal that could one day lead to a new vehicle designed for ride-hailing and even bring self-driving tech into consumer cars. The two companies have signed a preliminary agreement to look into developing and deploying an autonomous vehicle platform, according to a blog posted by Waymo. … Read more

Labor pain, crypto gain — How weak JOLTS data sets path for Bitcoin price to rally

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Key points: Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs. Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021. If past patterns hold, Bitcoin could rally by mid-July and possibly reach … Read more

France accuses Russia of a decade’s worth of high-profile cyberattacks

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France’s President Emmanuel Macron attends a meeting with representatives of the sectors affected by US tariffs, at the Elysee Palace in Paris, on April 3, 2025. | Image: MOHAMMED BADRA/POOL/AFP via Getty Images In an unprecedented display of diplomatic aggression, French authorities publicly accused Russia of sponsoring several high-profile cyber attacks on French entities for … Read more

EA lays off staff and cancels a Titanfall game

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Electronic Arts is reportedly eliminating “between 300 and 400 positions” and scrapping a game set in the Titanfall universe, codenamed R7, that was in the works at Respawn Entertainment, according to Bloomberg. “As part of our continued focus on our long-term strategic priorities, we’ve made select changes within our organization that more effectively aligns teams … Read more

Author of Crypto Bills Now Being Rehashed Predicts ‘Wicked Hot Summer’ in Congress

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Two recent shepherds of U.S. crypto oversight — Republican former lawmaker Patrick McHenry and Democrat former Commodity Futures Trading Commission chief Rostin Behnam — shared a view that there’s a tremendous amount of work still to do on U.S. crypto legislation but that now is the moment to do it. McHenry, in a discussion hosted … Read more

US Senate majority leader expects stablecoin vote before May 26 — Report

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US Senate Majority Leader John Thune reportedly told Republican lawmakers that the chamber would address a bill on stablecoin regulation before the May 26 Memorial Day holiday. According to an April 29 Politico report, Thune made the comments in a closed-door meeting with Republican senators, who hold a slim majority in the chamber. The Guiding … Read more

Lyft’s AI ‘Earnings Assistant’ offers ideas about how drivers can make more money

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Lyft has launched “Earnings Assistant,” an AI chatbot tool for drivers seeking to “optimize their time on the road.” With it, drivers can create plans based on information about things like airport arrivals or local events, announced Jeremy Bird, EVP of driver experience at Lyft in an email to The Verge. The Earnings Assistant feature … Read more

Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes

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Key Takeaways: Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook. The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s (BTC) mid-term outlook dropped to an “optimism” zone, as the investment firm noted … Read more

Growth of crypto poses risks to investors, financial stability — Bank of Italy

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The Bank of Italy identified Bitcoin and other digital assets as emerging risk factors in a recent report, citing concerns for both investors and the financial system. In its April 2025 Financial Stability Report, the Bank of Italy flags crypto volatility and rising integration with the broader economy, singling out stablecoins and non-financial firms’ crypto … Read more