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News
Coatue pours billions into chip infrastructure, betting the real AI bottleneck is silicon supply
5+ min ago (211+ words) The hedge fund's semiconductor holdings have swelled to $10.7 billion as it finances everything from TSMC capacity to lithography tooling for a supply-starved market. Coatue’s largest semiconductor bet is a roughly $2.6 billion position in Taiwan Semiconductor Manufacturing Company, representing 8-10% of its…...
US labor force participation rate climbs to 61.6% in August after five-year low
17+ min ago (368+ words) The labor market shows modest stabilization as payrolls grow and the unemployment rate holds steady at 4.1%. The US labor market offered a small but meaningful reprieve in August, with the labor force participation rate ticking up to 61.6% from 61.4% in July....
Apple appoints John Ternus as new CEO effective September 1, 2026
16+ min ago (445+ words) The 25-year Apple veteran replaces Tim Cook, who transitions to executive chairman after leading the company through its climb to a $4.6 trillion valuation Apple official logo (public domain, Wikimedia Commons) — CryptoBriefing brand treatment Apple has named John Ternus as its…...
US and China prepare for mid-September AI safety dialogue
35+ min ago (335+ words) The first dedicated bilateral AI safety talks since Trump's return set the stage for a Washington summit weeks later The United States and China are preparing to sit down for their first dedicated AI safety dialogue since Donald Trump began…...
Norway's $2.3 trillion wealth fund proposes $106B cut to global government bonds allocation
43+ min ago (398+ words) The world's largest sovereign wealth fund wants to slash its government bond weighting from 70% to 50%, with US Treasuries taking the biggest hit Norway’s Government Pension Fund Global, the largest sovereign wealth fund on the planet at roughly $2.3 trillion in assets,…...
US senators slam TikTok for refusing to release algorithm document tied to teen's death
1+ hour, 11+ min ago (368+ words) Bipartisan fury erupts after TikTok stonewalls congressional demands over an internal experiment that withheld safety features from 15 million users. The document in question relates to an experiment in which TikTok deliberately withheld a feature designed to break up harmful content…...
Base credit markets grow 31% to $2B in outstanding loans as utilization rates surge
1+ hour, 12+ min ago (408+ words) Morpho-powered lending on Coinbase's Layer-2 network has doubled its supplied liquidity, with utilization climbing from 58% to 75% in a year. Floating-rate credit markets on Base have quietly crossed a milestone that would have seemed ambitious a year ago. Outstanding loans on…...
Cleveland Fed's Hammack signals potential rate hike to curb inflation
56+ min ago (83+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Microsoft claims Copilot rarely reproduces content from NYT articles
1+ hour, 20+ min ago (199+ words) The case could redefine AI's role in content creation, impacting copyright laws and tech companies' responsibilities in using published material. The post Microsoft claims Copilot rarely reproduces content from NYT articles appeared first on Crypto Briefing. The tech giant is…...
DeFi Development Corp. prices CHAD preferred stock IPO at $8, raising $11 million for Solana treasury
1+ hour, 39+ min ago (462+ words) The former Janover Inc. is using preferred stock proceeds to buy more SOL, offering investors a 13% annual dividend paid daily. DeFi Development Corp. has priced its Variable Rate Series C Perpetual Preferred Stock at $8.00 per share, pulling in roughly $11 million…...