S&P 500 cash spending is expected to rise 11% in 2026 to a record $4.4 trillion, driven by a surge in capital expenditure from large technology firms and a rebound in cash M&A, according to ...
For a brief moment on Wednesday, the blockchain tied to PayPal’s stablecoin looked like something out of science fiction. Paxos, the crypto company that issues the PayPal USD (PYUSD) token, accidental...
Paxos, the blockchain partner of PayPal, mistakenly minted $300 trillion of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error.” Paxos, ...
A fat-finger mistake, or a hack? Crypto traders are confounded after $300 trillion worth of PayPal’s PYUSD was minted and then burned. Crypto industry observers were baffled Wednesday afternoon ...
The crypto market hit an all-time high this week as Bitcoin again shattered records. But can bulls sustain the momentum throughout the entire month of Uptober? October is living up to its nickname. &#...
The AI boom that began with ChatGPT’s debut three years ago hasn’t cooled — it’s only grown hotter. Investors with deep pockets continue to flood the space, writing billion-dollar checks to the compan...
The AI boom that began with ChatGPT’s debut three years ago hasn’t cooled — it’s only grown hotter. Investors with deep pockets continue to flood the space, writing billion-dollar checks to the compan...
A new report indicates that meeting global AI demand by 2030 will require $2 trillion in annual revenue, leaving an $800 billion shortfall even with AI-related savings. The US will account for half of...
On Monday, the tech giant and the U.S. government face off in court over how to fix the company’s advertising technology monopoly. In a landmark decision this month, a federal judge spared Google from...
On Monday, the tech giant and the U.S. government face off in court over how to fix the company’s advertising technology monopoly. In a landmark decision this month, a federal judge spared Google from...
