Month: May 2025

Fed Holds Rates Steady, Says Risks of Higher Unemployment, Higher Inflation Have Risen

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As was widely expected, the U.S. Federal Reserve held its benchmark fed funds rate range steady on Wednesday at 4.25%-4.50%, extending its pause on monetary easing for the third consecutive meeting. “Uncertainty about the economic outlook has increased further,” said the Fed in its accompanying statement. “The Committee is attentive to the risks to both … Read more

Strive to become Bitcoin treasury company

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Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company. According to a May 7 announcement, Strive is going public through a reverse merger and plans to use the combined company’s stock to accumulate Bitcoin (BTC). The deal will see Strive merging with … Read more

OpenAI wants to team up with governments to grow AI infrastructure

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OpenAI is launching a program, OpenAI for Countries, that the company says will enable it to build out the local infrastructure needed to better serve international AI customers. As a part of the new program, OpenAI will partner with governments to assist with efforts like building out data center capacity and customizing OpenAI’s products, including … Read more

SOL, XRP & LTC Tipped as Next in Line for Crypto ETF Approval by Bloomberg Analysts

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The crypto Exchange Traded Fund (ETF) landscape has changed completely in the last year or so after the approval of the first batch of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC). The regulatory tide has turned completely in favour of the digital currency sector. The new Trump administration especially favours the … Read more

Expert Insight on How AI Cloud-Native MFT Platforms Are Empowering Businesses

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For modern, data-driven organizations, managing data effectively is an ongoing challenge. On one hand, data needs to be able to flow through the organization for both immediate operational uses and longer-term analytic goals. Yet on the other hand, these sprawling digital infrastructures are much harder to secure. As a result, the impact of cybercrime is … Read more

WEF Calls for Disinformation to Be Treated as Cybercrime

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How long until online misinformation and disinformation are considered cybercrimes? perspective The World Economic Forum (WEF) publishes a blog post calling for the creation of a global authority on cybercrime that would have extradition and enforcement powers over uncooperative nations. Last week, the WEF published a blogpost entitled, “4 steps towards creating an international agency against cybercrime,” … Read more

Price predictions 5/7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

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Key points: Bitcoin price hangs near $97,000 as traders await today’s FOMC minutes. Bitcoin holding $95,000 as support is key for bullish price expansion in the short term. Select altcoins are holding their respective support levels, opening the gates for a short-term rally. Bitcoin (BTC) bulls are trying to knock down the immediate resistance at … Read more

ServiceNow acquires Data.World months after snatching up Moveworks

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Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire Data.World, a cloud-native data catalog and data governance platform. Austin, Texas-based Data.World was founded in 2015, and previously raised more than $130 million in venture financing from firms such as … Read more

Apple is looking to add AI search engines to Safari

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Apple is looking at adding AI search engines from OpenAI, Perplexity, and Anthropic into Safari, Bloomberg reported on Wednesday. Eddy Cue, Apple’s Senior Vice President of Services, made the statement during his testimony in the U.S. Justice Department’s lawsuit against Alphabet. Cue’s disclosure was part of his testimony regarding Apple and Google’s estimated $20 billion-a-year … Read more

Figma’s big AI update takes on Adobe, WordPress, and Canva

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Figma is expanding its creative software ecosystem to allow product designers to complete entire projects without jumping to third-party apps. Four new products for website building, AI coding, branded marketing, and digital illustration were introduced at Figma’s Config event today, aiming to fill in any gaps holding Figma back from being an all-in-one platform that … Read more

Apple is looking at adding Perplexity and other AI search engines to Safari

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Apple is “actively looking at” bringing AI search options to Safari. Eddy Cue, Apple’s senior vice president of services, made the statement during Google’s antitrust trial on Wednesday, saying the company will likely add AI search features to Safari in the coming year as they continue to improve. “To date, they’re just not good enough,” … Read more

Figma releases new AI-powered tools for creating sites, app prototypes, and marketing assets

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Design company Figma today announced multiple features, including AI-powered site and web app creation, a way for marketers to create assets in bulk, and a new drawing tool. With this launch, the company is taking on other creative solutions such as Canva and Adobe, along with AI-powered website and prototype creators such as WordPress, Wix, … Read more