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Ethereum is powering Wall Street's future. The crypto scene at Cannes shows how far it's come

cnbc.com Mackenzie Sigalos 2025-08-12 11:49:59

watch now CANNES — Wall Street's new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas and red carpet venues that host the Cannes Film Festival in May. The Ethereum Community Conference, or EthCC, took over the beachside town that was swarming with crypto founders, developers, and some of the institutional giants now building atop the infrastructure. The crypto elite climbed the iconic red-carpeted steps of the Palais des Festivals — a cin

Topics: cannes ethcc ethereum said week

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Who is Soham Parekh, the serial moonlighter Silicon Valley startups can’t stop hiring?

techcrunch.com Maxwell Zeff 2025-08-13 23:00:35

In the last week, social media users have shared dozens of stories about encounters with Soham Parekh, a software engineer who seems to have been simultaneously working at multiple Silicon Valley startups — unbeknownst to the companies — for the last several years. But who is Parekh, how did he pull off his career as a serial moonlighter, and why can’t Silicon Valley get enough of him? Origins of virality The saga all started when Suhail Doshi — CEO of image generation startup Playground AI —

Topics: ai companies parekh said startup

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Meet Soham Parekh, the engineer burning through tech by working at three to four startups simultaneously

theverge.com Emma Roth 2025-08-14 03:07:15

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. One name is popping up a lot across tech startup social media right now, and you might’ve heard it: Soham Parekh. On X, people are joking that Parekh is single-handedly holding up all modern digital infrastructure, while others are posting memes about him working in front of a dozen different monitors or filling in for the thousands of people that M

Topics: lowe parekh said tech working

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Mysterious life form found on ship that docked in Cleveland

news.ycombinator.com Peter Krouse 2025-08-14 09:42:11

Research vessel Blue Heron in drydock at Great Lakes Towing on the Old River Channel of the Cuyahoga River. Rual Lee CLEVELAND, Ohio - A ship that docked in Cleveland last summer harbored what scientists believe was a previously unknown form of life. The revelation occurred after the research vessel Blue Heron, which was monitoring harmful algal blooms in Lake Erie, began having mechanical issues. The captain, Rual Lee, piloted the boat to Cleveland where it could be examined in a dry dock at

Topics: blue goo heron lee said

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An Algorithm for a Better Bookshelf

news.ycombinator.com Erica Klarreich 2025-08-12 02:12:50

Drop in at a library, and you’ll likely notice that most shelves aren’t full—librarians leave some empty space on each shelf. That way, when they get new books, they can slot them into place without having to move too many other books. It’s a simple-enough idea, but one that arises in a host of settings in computer science that involve sorted data, such as an alphabetically ordered census repository, or a list of connections between members of a social network. In such situations, where the ent

Topics: algorithm books bookshelf new said

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The Stars of ‘Superman’ Claim to Have No Knowledge of Their DC Futures

gizmodo.com Germain Lussier 2025-08-14 10:00:22

We don’t know much about the future of James Gunn’s DC Universe, but one thing seems all but certain: Superman will be back. He’s the universe’s most powerful metahuman, after all, and one of the most famous, popular characters on the DC roster. Clearly, he’s going to have a role to play in whatever is coming next. And, along with Superman, come a few of his friends and foes. People like Lois Lane and Lex Luthor. So it kind of goes without saying that David Corenswet, Rachel Brosnahan, and Nich

Topics: corenswet know people said superman

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Google rolls out its new Veo 3 video-generation model globally

techcrunch.com Ivan Mehta 2025-08-14 07:56:48

In Brief Google on Thursday said it has begun rolling out its Veo 3 video generation model to Gemini users in more than 159 countries. Video generation via the new model is available only to paying subscribers of Google’s AI Pro plan and is capped at three videos per day. Veo 3, which Google showed off in May, lets users generate videos up to eight seconds long using text prompts. Google’s Josh Woodward has said that the company is working on adding image-to-video generation capabilities to

Topics: gemini generation google said video

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Big Tech’s Mixed Response to U.S. Treasury Sanctions

krebsonsecurity.com Unknown 2025-08-14 23:06:05

In May 2025, the U.S. government sanctioned a Chinese national for operating a cloud provider linked to the majority of virtual currency investment scam websites reported to the FBI. But a new report finds the accused continues to operate a slew of established accounts at American tech companies — including Facebook, Github, PayPal and Twitter/X. On May 29, the U.S. Department of the Treasury announced economic sanctions against Funnull Technology Inc., a Philippines-based company alleged to pr

Topics: accounts lizhi said sanctioned sanctions

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IPO market gets boost from Circle's 500% surge, sparking optimism that drought may be ending

cnbc.com Samantha Subin 2025-08-15 03:36:34

Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company's IPO, in New York City, U.S., June 5, 2025. NYSE For over three years, venture capital firms have been waiting for this moment. Tech IPOs came to a virtual standstill in early 2022 due to soaring inflation and rising interest rates, while big acquisitions were mostly of

Topics: billion ipo ipos said venture

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Ransomware gang Hunters International says it’s shutting down

techcrunch.com Lorenzo Franceschi-Bicchierai 2025-08-15 07:45:05

The ransomware gang known as Hunters International announced on its dark web page Thursday that it is shutting down. “After careful consideration and in light of recent developments, we have decided to close the Hunters International project,” the hackers wrote in a post, without clarifying what specific developments it was referring to. “This decision was not made lightly, and we recognize the impact it has on the organizations we have interacted with.” The hackers also said they are offering

Topics: gang hunters international ransomware said

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Pay Up, AI Bot: That's the Message From a Key Company in How the Internet Works

cnet.com See Full Bio 2025-08-15 10:08:00

AI companies might find it harder to access the entire web to train their large language models after the internet infrastructure provider Cloudflare said this week it would block AI data crawlers by default. It's the latest front to open in an ongoing fight between the creators of content and the AI developers who use that content to train generative AI models. In court, authors and content creators are suing major AI companies for compensation, saying copyrighted content was used without perm

Topics: ai cloudflare companies content said

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Apple's China iPhone sales grows for the first time in two years

cnbc.com Arjun Kharpal 2025-08-15 14:54:26

Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said, as the tech giant looks to turnaround its business in one of its most critical markets. Sales of iPhones in China jumped 8% year-on-year in the three months to the end of June, according to Counterpoint Research. It's the first time Apple has recorded growth in China since the second quarter of 2023. Apple's performance was boosted by promotions in May as Chinese e-co

Topics: apple china counterpoint said year

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U.S. lifts chip software curbs on China in sign of trade truce

cnbc.com Dylan Butts 2025-08-15 21:36:12

The U.S. government has rescinded its export restrictions on chip-design software to China, three of the largest players in the space announced on Thursday. In separate statements, semiconductor software designers Siemens AG, Synopsys, and Cadence all said they received letters from the U.S. Department of Commerce informing them that the controls had been lifted. While Siemens is based in Germany, its chip design software subsidiary, Siemens EDA, is based in Oregon, U.S. As a result of export

Topics: based design said siemens software

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Google rolls out its new Veo 3 video generation model globally

techcrunch.com Ivan Mehta 2025-08-15 23:56:48

In Brief Google on Thursday said it has begun rolling out its Veo 3 video generation model to Gemini users in more than 159 countries. Video generation via the new model is available only to paying subscribers of Google’s AI Pro plan, and is capped at 3 videos per day. Veo 3, which Google showed off in May, lets users to generate videos up to 8 seconds long using text prompts. Google’s Josh Woodward has said that the company is working on adding image-to-video generation capabilities to Gemi

Topics: gemini generation google said video

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Capital One builds agentic AI to supercharge auto sales

venturebeat.com Emilia David 2025-08-15 09:26:12

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Inspiration can come from different places, even for architecting and designing agentic systems. At VB Transform, Capital One explained how it built its agentic platform for its auto business. Milind Naphade, SVP of Technology and Head of AI Foundations at Capital One, said during VB Transform that the company wanted its agents to function

Topics: agents capital data naphade said

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Websites hosting major US climate reports taken down

news.ycombinator.com Borenstein Is An Associated Press Science Writer 2025-08-16 11:10:13

WASHINGTON (AP) — Websites that displayed legally mandated U.S. national climate assessments seem to have disappeared, making it harder for state and local governments and the public to learn what to expect in their backyards from a warming world. Scientists said the peer-reviewed authoritative reports save money and lives. Websites for the national assessments and the U.S. Global Change Research Program were down Monday and Tuesday with no links, notes or referrals elsewhere. The White House,

Topics: assessments climate information national said

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AI note takers are flooding Zoom calls as workers opt to skip meetings

news.ycombinator.com Lisa Bonos 2025-08-16 23:05:17

Clifton Sellers attended a Zoom meeting last month where robots outnumbered humans. He counted six people on the call including himself, Sellers recounted in an interview. The 10 others attending were note-taking apps powered by artificial intelligence that had joined to record, transcribe and summarize the meeting. Some of the AI helpers were assisting a person who was also present on the call — others represented humans who had declined to show up but sent a bot that listens but can’t talk in

Topics: ai meeting note said takers

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Confidence in agentic AI: Why eval infrastructure must come first

venturebeat.com Vb Staff 2025-08-17 06:41:49

As AI agents enter real-world deployment, organizations are under pressure to define where they belong, how to build them effectively, and how to operationalize them at scale. At VentureBeat’s Transform 2025, tech leaders gathered to talk about how they’re transforming their business with agents: Joanne Chen, general partner at Foundation Capital; Shailesh Nalawadi, VP of project management with Sendbird; Thys Waanders, SVP of AI transformation at Cognigy; and Shawn Malhotra, CTO, Rocket Compani

Topics: agent agents ai malhotra said

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Physicists Solve a 50-Year Mystery About a Critically Important Molecule

gizmodo.com Gayoung Lee 2025-08-17 07:20:54

After relying on an educated guess for decades, scientists have finally confirmed the dipole moment of aluminum monochloride (AlCl), an elusive but important molecule known to sneak around the interiors of ancient galaxies. An electric dipole moment is a measure of polarity—a crucial determinant for many physical properties of any system, such as its boiling point or solubility. Given its importance, the new result, published last month in Physical Review A, presents exciting opportunities for

Topics: alcl dipole hemmerling moment said

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Lorde’s new CD is so transparent that stereos can’t even read it

theverge.com Jess Weatherbed 2025-08-17 07:47:57

Lorde fans are clearly struggling to play the CD version of her new album. Customers who purchased the special edition of Virgin released on a transparent plastic disc are reporting on Reddit and TikTok that many CD players, car stereos, and other sound systems they’ve tried are unable to play it. The transparent CD, promoted as being fully recyclable, is currently sold out on Lorde’s webstore and was the only disc variant available for the Virgin album. That may have been a welcome compromise

Topics: cd disc lorde said user

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AI virtual personality YouTubers, or 'VTubers,' are earning millions

cnbc.com Zach Vallese 2025-08-17 11:22:11

One of the most popular gaming YouTubers is named Bloo and has bright blue wavy hair and dark blue eyes. But he isn't a human — he's a fully virtual personality powered by artificial intelligence. "I'm here to keep my millions of viewers worldwide entertained and coming back for more," Bloo said in an interview with CNBC. "I'm all about good vibes and engaging content. I'm built by humans, but boosted by AI." Bloo is a virtual YouTuber, or VTuber, who has built a massive following of 2.5 million

Topics: ai bloo content said videos

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Microsoft laying off about 9,000 employees in latest round of cuts

cnbc.com Jordan Novet 2025-08-17 19:33:38

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC. The announcement comes on the second day of Microsoft's 2026 fiscal year. Executives at the Redmond, Washington-based company typically unveil reorganizations at the time of the new fiscal year. "We continue to implement organizational changes necessary to best po

Topics: 000 company microsoft said year

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Cloudflare Introduces Default Blocking of A.I. Data Scrapers

news.ycombinator.com Natallie Rocha 2025-08-17 19:28:56

Cloudflare, a tech company that helps websites secure and manage their internet traffic, said on Tuesday that it had rolled out a new permission-based setting that allows customers to automatically block artificial intelligence companies from collecting their digital data, a move that has implications for publishers and the race to build A.I. With Cloudflare’s new setting, websites can block — by default — online bots that scrape their data, requiring the website owner to grant access for a bot

Topics: cloudflare company content internet said

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AI virtual personality YouTubers, or ‘VTubers,’ are earning millions

cnbc.com Zach Vallese 2025-08-17 23:00:01

One of the most popular gaming YouTubers is named Bloo, and has bright blue wavy hair and dark blue eyes. But he isn't a human — he's a fully virtual personality powered by artificial intelligence. "I'm here to keep my millions of viewers worldwide entertained and coming back for more," said Bloo in an interview with CNBC. "I'm all about good vibes and engaging content. I'm built by humans, but boosted by AI." Bloo is a virtual YouTuber, or VTuber, who has built a massive following of 2.5 millio

Topics: ai content generated said videos

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Paramount pays Trump $16 million to settle Harris lawsuit

engadget.com Unknown 2025-08-17 23:45:05

Paramount has agreed to pay $16 million to settle its lawsuit with Donald Trump filed during the 2020 presidential campaign, according toThe Washington Post. The deal is controversial as legal experts said Paramount had a strong chance of prevailing in court and may have settled to smooth the path for its $2.4 billion Skydance merger. Paramount said the $16 million would be allocated to Trump's future presidential library and not paid to him "directly or indirectly." In addition, it "does not i

Topics: cbs lawsuit paramount said trump

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Amazon deploys its 1 millionth robot in a sign of more job automation

cnbc.com Dylan Butts 2025-08-18 07:02:55

Amazon announced Monday its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model. The move comes at a time when more tech companies are cutting jobs and warning of automation. The million robot milestone — which joins Amazon's global network of more than 300 facilities — strengthens the company's position as the world's largest manufacturer and operator of mobile robotics, Scott Dresser, vice president of Amazon Robotics,

Topics: amazon dresser factories robots said

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Paramount agrees to pay Trump $16 million, clearing way for multibillion-dollar merger

theverge.com Jess Weatherbed 2025-08-18 06:59:29

Paramount has agreed to pay $16 million to resolve President Donald Trump’s lawsuit against its subsidiary CBS, clearing a path for the administration to approve the media giant’s multibillion-dollar merger with Skydance Media. In a statement seen by CNN on Tuesday night, Paramount said the settlement payment is inclusive of Trump’s legal fees and costs, and that the money will be allocated to his future presidential library instead of being paid to Trump directly. The sum is below the $10 bill

Topics: legal media paramount said trump

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Qantas hack results in theft of 6 million passengers’ personal data

techcrunch.com Zack Whittaker 2025-08-18 08:48:29

In Brief Australian airline giant Qantas said on Wednesday it experienced a data breach that compromised the personal information of at least six million passengers. The airline said a cybercriminal targeted one of its call centers on June 30, and stole customer data from its systems, including names, email addresses, phone numbers, dates of birth and frequent flyer numbers. Qantas is the latest airline hacked in recent weeks following a spate of breaches attributed to Scattered Spider, a col

Topics: airline breach data qantas said

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Enterprise giants Atlassian, Intuit, and AWS are planning for a world where agents call the APIs

venturebeat.com Taryn Plumb 2025-08-18 07:20:45

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more This dawning age of agentic AI requires a total rethink on how we build software. Current enterprise APIs were built for human use; the APIs of the future will be multi-model, native interfaces. “We need to build the kind of APIs that will work well with agents, because agents are the ones that are now going to interact with APIs, not hum

Topics: agents ai atlassian customers said

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Capital One builds agentic AI modeled after its own org chart to supercharge auto sales

venturebeat.com Emilia David 2025-08-18 07:26:12

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Inspiration can come from different places, even for architecting and designing agentic systems. At VB Transform, Capital One explained how it built its agentic platform for its auto business. Milind Naphade, SVP of Technology and Head of AI Foundations at Capital One, said during VB Transform that the company wanted its agents to functio

Topics: agents ai capital naphade said

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Latest Tech News

Ethereum is powering Wall Street's future. The crypto scene at Cannes shows how far it's come

Who is Soham Parekh, the serial moonlighter Silicon Valley startups can’t stop hiring?

Meet Soham Parekh, the engineer burning through tech by working at three to four startups simultaneously

Mysterious life form found on ship that docked in Cleveland

An Algorithm for a Better Bookshelf

The Stars of ‘Superman’ Claim to Have No Knowledge of Their DC Futures

Google rolls out its new Veo 3 video-generation model globally

Big Tech’s Mixed Response to U.S. Treasury Sanctions

IPO market gets boost from Circle's 500% surge, sparking optimism that drought may be ending

Ransomware gang Hunters International says it’s shutting down

Pay Up, AI Bot: That's the Message From a Key Company in How the Internet Works

Apple's China iPhone sales grows for the first time in two years

U.S. lifts chip software curbs on China in sign of trade truce

Google rolls out its new Veo 3 video generation model globally

Capital One builds agentic AI to supercharge auto sales

Websites hosting major US climate reports taken down

AI note takers are flooding Zoom calls as workers opt to skip meetings

Confidence in agentic AI: Why eval infrastructure must come first

Physicists Solve a 50-Year Mystery About a Critically Important Molecule

Lorde’s new CD is so transparent that stereos can’t even read it

AI virtual personality YouTubers, or 'VTubers,' are earning millions

Microsoft laying off about 9,000 employees in latest round of cuts

Cloudflare Introduces Default Blocking of A.I. Data Scrapers

AI virtual personality YouTubers, or ‘VTubers,’ are earning millions

Paramount pays Trump $16 million to settle Harris lawsuit

Amazon deploys its 1 millionth robot in a sign of more job automation

Paramount agrees to pay Trump $16 million, clearing way for multibillion-dollar merger

Qantas hack results in theft of 6 million passengers’ personal data

Enterprise giants Atlassian, Intuit, and AWS are planning for a world where agents call the APIs

Capital One builds agentic AI modeled after its own org chart to supercharge auto sales

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