Humanity’s Last Game Of Musical Chairs Has Begun

We’d play indoors on rainy days or Fridays before a holiday. Two rows of chairs in the middle of the classroom, arranged back-to-back. Our teacher would start a song playing on one of those massive 70’s-era cassette decks, and we kids would promenade around the empty chairs until the music stopped, at which point everybody … Read more

Sen. Warren pushes Altman for guarantee OpenAI isn’t seeking government bailout

Senator Elizabeth Warren (D-MA) is pushing OpenAI for assurances it won’t seek a government bailout if it doesn’t turn a profit. In a letter to CEO Sam Altman, Warren says she is concerned that the company is preparing to fall back “on the classic strategy of privatizing profits and socializing losses” amid soaring spending and … Read more

Netflix is eating Hollywood — because it has to

On today’s episode of Decoder, I’m talking about the bidding war over Warner Bros. Discovery, which is the biggest story in the entertainment industry right now, and for good reason. It has pretty much everything you could want in a buzzy Hollywood saga — big names, big money, and big drama. Right now, the winning … Read more

As Banks Hit the Limits of Legacy Tech, Uttam Kotadiya Builds the Backbone of Real-Time Finance

As financial institutions race to meet the demands of real-time payments, digital lending, and AI-driven analytics, many find themselves constrained by aging technology stacks designed for a different era. Monolithic legacy systems once the backbone of global banking are now widely recognized as barriers to innovation, operational resilience, and regulatory agility. Across the industry, modernization … Read more

Flare’s $252 Million Token Program Concludes as Network Enters Real Utility Era

For three years, Flare Network has been dropping millions of dollars worth of free tokens into user wallets every month like clockwork. Tomorrow, that stops. The blockchain’s 36-month FlareDrop program—a distribution mechanism that allocated roughly 24 billion FLR tokens to network participants, around $252 million in FLR tokens as per today’s current market price. The … Read more

Fidelity is launching its own stablecoin

Fidelity is launching a stablecoin that investors will be able to buy and sell for $1 when it arrives in the “coming weeks.” The stablecoin, called Fidelity Digital Dollar (FIDD), will live on the Ethereum network and is backed by cash reserves, cash equivalents, and short-term US Treasuries, according to CoinDesk. A stablecoin is a … Read more

Google agrees to $135 million settlement for collecting Android users’ data

Android users could get a recovery payout of up to $100 each in a proposed settlement Google filed in San Jose, California on Tuesday night. As Reuters reports, the $135 million settlement is for a class action lawsuit claiming that Google collected users’ cellular data without their permission, even while Google apps were closed, location … Read more