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Crypto’s Trumpian embrace is leaving Bitcoin’s big rival behind

Economic Times

Economic Times · 3m ago

Crypto’s Trumpian embrace is leaving Bitcoin’s big rival behind

Vitalik Buterin's Ethereum, once a Bitcoin rival, faces challenges as the cryptocurrency industry evolves. Ethereum's growth has slowed, with developer departures and Ether lagging behind competitors like Bitcoin and Solana. This struggle comes amid Donald Trump's political embrace of crypto, which has reshaped the industry landscape. Buterin's resistance to aligning with political trends has limited Ethereum’s influence in Washington. Despite these challenges, Buterin remains committed to Ethereum's long-term, idealistic vision.

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Elon Musk’s X Needs Creators, but They Don’t Need X

Livemint

Livemint · 1y ago

Elon Musk’s X Needs Creators, but They Don’t Need X

Elon Musk's social media platform, X, is aiming to attract creators and become a rival to sites like YouTube and TikTok. X launched an ad-revenue-sharing program last year as part of its efforts to entice creators, but is still trailing behind competitors in terms of popularity among creators. Some creators have cited concerns about X's advertising business and payment inconsistencies as obstacles to their full engagement with the platform. Despite this, X is continuing its push to recruit big names and increase content creation on the platform.

Bluesky crashes as users leave Elon Musk's X after Donald Trump's victory

Livemint

Livemint · 7m ago

Bluesky crashes as users leave Elon Musk's X after Donald Trump's victory

Bluesky, a decentralized social network backed by Twitter co-founder Jack Dorsey, is seeing a surge in users as people leave rival platform X (formerly Twitter) following Donald Trump's election win. However, Bluesky experienced an outage on November 14 and 15, with thousands of users unable to access the platform. Although Bluesky has gained over 2.5 million users in the past week and surpassed 16 million lifetime users, it still lags behind X and Meta's Threads. Users are leaving X due to changes in terms of service and concerns about misinformation control and Elon Musk's support for Trump.

Hollywood doesn’t want you to know how much AI it’s already using.

The Verge

The Verge · 1m ago

Hollywood doesn’t want you to know how much AI it’s already using.

A new report from Vulture reveals that Hollywood studios are increasingly using AI in their productions, despite a public backlash against such practices. The industry is attempting to keep its use of AI technologies hidden, fearing negative consumer reactions. While entertainment executives might publicly downplay AI's role, the adoption of these technologies continues to grow behind the scenes. The trend highlights a broader, secretive embrace of AI across the film industry.

OpenAI Co-founder Schulman resigns, Prez Brockman goes on leave

Inshorts · 11m ago

OpenAI Co-founder Schulman resigns, Prez Brockman goes on leave

OpenAI Co-founder John Schulman has resigned to "return to hands-on technical work" at rival Anthropic. "To be clear, I'm not leaving due to lack of support for alignment research at OpenAI...My decision is...personal," Schulman said. OpenAI President Greg Brockman also announced he's taking a sabbatical through end of year. "First time to relax since co-founding OpenAI," Brockman said.

Kerala startup creating bio-bottles that decompose in 3 months

Inshorts · 1m ago

Kerala startup creating bio-bottles that decompose in 3 months

Green Bio, a Kerala-based startup, is creating biodegradable bottles that decompose in just 180 days, leaving behind Carbon dioxide, water and biomass. Instead of traditional materials like paper or glass, Green Bio uses bioplastic granules from Polylactide (PLA) — made from natural resources like corn and sugarcane. PLA looks and feels like plastic but is completely biodegradable.

The Trial Over Bitcoin’s True Creator Is in Session

Wired · 1y ago

The Trial Over Bitcoin’s True Creator Is in Session

The article discusses the ongoing trial of Craig Wright, who claims to be the elusive Bitcoin creator Satoshi Nakamoto. The lawsuit, brought against Wright by the Crypto Open Patent Alliance (COPA), aims to prove that Wright is not Nakamoto and prevent him from impeding the development of Bitcoin further. COPA argues that Wright's claims have had a "chilling effect" on Bitcoin, causing developers to drift away. The trial also has implications for related lawsuits filed by Wright regarding his intellectual property rights over Bitcoin. The article highlights the contrasting opening arguments of both parties and the significance of the trial's outcome.

'This is your sign!': CRED founder Kunal Shah urges Bangalore startups not to hesitate on AI

Business Today

Business Today · 3m ago

'This is your sign!': CRED founder Kunal Shah urges Bangalore startups not to hesitate on AI

Kunal Shah, CRED founder, encourages Bangalore startups to embrace artificial intelligence (AI) to enhance innovation and efficiency. As global industries increasingly adopt AI, Shah advises startups not to hesitate in integrating this technology, warning them of the risks of being left behind if they don’t. His call to action highlights the necessity for tech-driven adaptation to remain competitive in the evolving business landscape.

Microsoft CEO Nadella on AI LLM race: 'We are waiting for competition to arrive'

Startup News FYI

Startup News FYI · 1y ago

Microsoft CEO Nadella on AI LLM race: 'We are waiting for competition to arrive'

Microsoft CEO, Satya Nadella, declared at an event in Mumbai that Microsoft has the best AI model currently available and even GPT4, the highly anticipated AI model, would be surpassed by Microsoft's offering. He urged businesses to embrace AI and not fall behind, highlighting India as a growing talent base for AI developers. Nadella's remarks reflect Microsoft's confidence in their AI capabilities as they continue to invest and lead in the AI space.

The kill-or-be-killed fight for crypto’s future

Livemint

Livemint · 4m ago

The kill-or-be-killed fight for crypto’s future

Giancarlo Devasini, owner of Tether, is in a fierce competition with Jeremy Allaire of Circle for supremacy in the stablecoin market. Tether's digital dollar plays a crucial role in the crypto industry, generating immense profits. However, allegations of its use by criminals have stirred controversy. Circle advocates for regulation to counter Tether's unregulated nature, sparking a "kill-or-be-killed" battle within the sector. Political and legal pressures are mounting as both companies maneuver for advantage.

Rs 10,300 crore wealth left in limbo after Sunjay Kapur’s death: Who will inherit the massive fortune?

Economic Times

Economic Times · 21d ago

Rs 10,300 crore wealth left in limbo after Sunjay Kapur’s death: Who will inherit the massive fortune?

Sunjay Kapur, the industrialist behind Sona Comstar, passed away at 53, leaving a significant business and personal fortune. His unexpected death, possibly due to an incident during polo, led to a 7% drop in company shares. Kapur’s personal life, marked by high-profile marriages and a contentious divorce with Karisma Kapoor, often made headlines. His wealth is set to be managed by his current wife, with provisions made for his children.

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