Author: GT

Eric Trump, son of U.S. President Donald Trump and executive vice president of the Trump Organization, said banks will need to utilize blockchain technology if they want to survive the next decade. “The modern financial system is broken, it’s slow, it’s expensive,” he said in an interview with CNBC on Wednesday. “There’s nothing that can be done on blockchain that can’t be done better than the way that the current financial institutions are working. SWIFT is an absolute disaster.” The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, is the banking industry’s international system for messaging and payments instructions. Trump,…

The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organizations. Today, Cast AI, a startup building tools to ease and optimize workloads for AI and other tasks with automation, is raising a major round of funding on the back of strong growth and partnerships with major players in the space.  The company has raised a $108 million Series C that it will be using for more R&D and to expand its business in core markets like the U.S. and elsewhere. Sources familiar with the deal told TechCrunch that…

Artificial intelligence “agents” are supposed to be more than chatbots. The tech industry has spent months pitching AI personal assistants that know what you want and can do real work on your behalf.So far, they’re not doing much. Visa hopes to change that by giving them your credit card. Set a budget and some preferences and these AI agents — successors to ChatGPT and its chatbot peers — could find and buy you a sweater, weekly groceries or an airplane ticket.“We think this could be really important,” said Jack Forestell, Visa’s chief product and strategy officer, in an interview. “Transformational,…

One of the many ways President Donald Trump has been making headlines is with his recent net worth increase. The 45th and now 47th president saw his net worth double from $2.3 billion in 2024 to over $5 billion in 2025. Find Out: Robert Kiyosaki Is Dumping Gold and Silver: Here’s What He’s Buying Instead Advertisement: High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. Read Next: How Much Money Is Needed To Be Considered Middle Class in Every State? How did he do it? Partly with crypto. The president and first lady…

Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025.Julia Demaree Nikhinson | Bloomberg | Getty ImagesPresident Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the Amazon founder a “good guy.”Amazon’s earnings report, scheduled for Thursday, already had investors on edge due to the president’s sweeping tariffs…

Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led by Sapphire Ventures with participation from Mayfield and Thomson Reuters Ventures. The new capital, which brings Supio’s total raised to $91 million, will be put toward growth, hiring, and go-to-market efforts, co-founder and CEO Jerry Zhou told TechCrunch. Supio plans to expand its Seattle HQ and open a new office as it roughly doubles its 100-person staff. Supio is one of the many startups vying for customers and mindshare in the AI legaltech space. While there’s…

Imagine your investments working around the clock, scanning global markets for the best opportunities — all without you having to lift a finger. Sound futuristic? It’s already a reality. In traditional finance (TradFi), algorithms handle nearly 70% of U.S. stock trades. Now, artificial intelligence (AI) agents are stepping up. These aren’t just basic bots but innovative systems that learn, adapt and make real-time decisions. VanEck predicts the number of AI agents will skyrocket from 10,000 to over a million by the end of 2025. AI agents are already at work behind the scenes analyzing market trends, balancing portfolios and even…

Christoph Schell, Intel’s EVP and chief commercial officer, is leaving the company after two years in the role, according to a filing with the SEC. Schell notified Intel of his decision to leave on Monday, and will resign on June 30 “in order to pursue another career opportunity,” per the filing. It isn’t clear who will replace Schell. Greg Ernst, CVP of Intel’s sales and marketing division, will step in as interim leader, a spokesperson told TechCrunch. “Christoph has worked tirelessly on behalf of our customers during his time with Intel and we are grateful for his many contributions to our business,”…

BOGOTA, Colombia (AP) — Rebel groups in Colombia are using apps like Facebook and Tik Tok to recruit children and young adults, and social media companies must do more to moderate content, the United Nations says.The U.N.’s top human rights official in Colombia, Scott Campbell, in an interview with The Associated Press said more investment is needed in both automated tools and human moderators to take down videos posted by gangs and rebel groups that are targeting youth from marginalized communities.Colombian rebel groups such as the FARC-EMC are increasingly posting videos that glamorize life in their ranks and urge youth…

Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris | Bloomberg | Getty ImagesMeta is set to report its first-quarter earnings on Wednesday, and investors will be looking for any signs that President Donald Trump’s tough China tariffs are affecting the company’s online ads business.Here is what analysts polled by LSEG are expecting:Earnings per share: $5.28 expectedRevenue: $41.39 billion expectedAnalysts expect Meta’s China-derived advertising business to feel the most pain from Trump’s tariffs. Online retailers such as Temu and Shein are slashing their U.S. ad spending, and China…