Author: GT

Bitcoin (BTC) proponent Michael Saylor has hinted the company he co-founded, Strategy (MSTR), may be set to announce an additional BTC purchase this week shortly after revealing it expects a net loss in the first quarter of the year over unrealized losses on its massive BTC holdings. The company has added 80,785 BTC to its balance sheet since the beginning of the year after raising a total of $7.69 billion during the first quarter, with over half of that coming from common stock sales. Most, if not all, of those funds were used to buy bitcoin. On Sunday, Saylor posted…

Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.” X’s current owner Elon Musk quickly replied, “I agree.” It’s not clear what exactly brought these comments on, but they come at a time when AI companies including OpenAI (which Musk co-founded, competes with, and is challenging in court) are facing numerous lawsuits alleging that they’ve violated copyright to train their models. Indeed, tech evangelist and investor Chris Messina alluded to this while writing that Dorsey “has…

The tech industry may not be safe from new tariffs, according to U.S. Commerce Secretary Howard Lutnick. The Trump administration announced Friday evening that consumer electronics such as laptops and smartphones would be exempt from the tariffs it unveiled earlier this month. (While Trump delayed many of those tariffs this week, he left a 10% baseline tariff in place, and also levied an additional 125% tariff on Chinese goods.) Reports about the exemptions noted that tech products might still be affected by targeted tariffs to come, with semiconductors coming under particular scrutiny. Lutnick made that more explicit on Sunday morning…

The world of cryptocurrencies is new, innovative and ever changing. Depending on the cryptocurrency, if you got in on the ground floor, there’s a good chance that you’ve seen a sizable return on investment — as well as a large tax bill. If you are hoping to avoid the IRS getting all of the money you’ve made on your crypto investments, perhaps you should consider another route altogether this tax season: giving it away to a worthy cause. Read Next: Warren Buffett’s Berkshire Hathaway Bought Over $73 Million in Shares of This Tech Company — Here’s Why Explore More: Here’s…

Mint Images | Mint Images Rf | Getty ImagesElectricity grid demands are on the rise in part due to energy-hungry technology like AI, and while experts believe renewable energy alone is not enough, it is essential to a broader supply equation. But with funding freezes, subsidy walk backs and tariffs on key components all on the table, solar, wind, and hydrogen companies are working harder than ever to make their business models work, even if they never intended to rely on federal support for the long term. “One of the hats I used to wear was planning for the City…

The Linux Foundation has become something of a misnomer through the years. It has extended far beyond its roots as the steward of the Linux kernel, emerging as a sprawling umbrella outfit for a thousand open source projects spanning cloud infrastructure, security, digital wallets, enterprise search, fintech, maps, and more. Last month, the OpenInfra Foundation — best known for OpenStack — became the latest addition to its stable, further cementing the Linux Foundation’s status as a “foundation of foundations.” The Linux Foundation emerged in 2007 from the amalgamation of two Linux-focused not-for-profits: the Open Source Development Labs (OSDL) and the…

SAN JOSE, Calif. (AP) — Like many in the tech industry, Jeremy Lyons used to think of himself as a relatively apolitical guy.The only time he had participated in a demonstration before now was in the opening days of Donald Trump’s first presidential term, when he joined fellow Google workers walking out of the company’s Silicon Valley campus to protest immigration restrictions. Google’s co-founder and its chief executive officer joined them.Last weekend was Lyons’ second, also against Trump, but it had a very different feel.The man directing thousands of marchers with a bullhorn in downtown San Jose on April 5…

If you’re new to crypto, here’s one idea you might not have heard before: Bitcoin (CRYPTO: BTC) could be ready to challenge the U.S. dollar as the world’s reserve currency. That type of transformative change, of course, would be history-making, and it would require a fundamental restructuring of the global financial system — sort of like we’re seeing right now, with tariffs and the potential for a global trade war. In his annual letter to investors this year, BlackRock (NYSE: BLK) CEO and Chairman, Larry Fink, suggested that Bitcoin had the potential to replace the U.S. dollar as the world’s…

When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X (formerly known as Twitter), in an all-stock deal, it raised some eyebrows. But in many ways, the deal made sense. xAI’s chatbot, Grok, was already deeply integrated with X, X was floundering financially, and Musk needed a way to make his $44 billion Twitter acquisition look less like an impulsive takeover and more like a strategic play for AGI dominance.  It also pointed to something deeper about how Musk’s empire works: investing in any one of his companies isn’t about a quick return on…

PARIS (AP) — After his arrest, the boy’s mother was stunned to discover that her 12-year-old had been learning how to kill and gorging on videos of decapitation and torture so gruesome they made even case-hardened French court officials look away. The mother told criminal investigators that she’d thought her son had been playing video games and doing homework during the hours he spent in his room. The child’s descent into the internet’s darkest recesses started innocently enough, with online searches about Islam after an aunt gave him a Quran as a gift, says the boy’s lawyer. From there, more…