The FinTech Hub
Source: Live Mint The Sahm Rule might be a good indicator of a recession. But the timing of when the Bank of Japan unnecessarily hikes interest rates might be even better. Until the events of recent days, Bank of Japan Governor Kazuo Ueda had earned plaudits for unwinding the massive stimulus policies of his predecessor without…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25330839/STK262_GROK_B.png?w=600&resize=600,400&ssl=1 "X launches Grok’s iPhone app in the US")
Source: The Verge xAI has released an iOS app in the US for its Grok chatbot, as spotted earlier by TechCrunch. The standalone app version of the chatbot, which xAI calls a beta, can perform the same functions as the one built into X, as it can field real-time information, answer questions, and generate images….
Source: Coin Tegraph Bitcoin’s ability to hold $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25824421/lacie_t5_drive.jpg?w=600&resize=600,400&ssl=1 "You can finally buy a Thunderbolt 5 SSD")
Source: The Verge Following the arrival of the first Thunderbolt 5 cables last July and the first Thunderbolt 5 dock last September, it might finally be time to start upgrading your external storage to take advantage of the increased performance. It’s been a slow rollout for Thunderbolt 5 hardware following its official reveal in September…
Source: Bitcoinist In an interview with David Gura on Bloomberg Markets on Wednesday, outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler reviewed his tenure and the role of crypto within the US capital markets. Gensler, who has less than two weeks left in his term, remained steadfast on his stance toward the digital asset…
Source: Coin Tegraph The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25531810/STK175_DONALD_TRUMP_CVIRGINIA_D.jpg?w=600&resize=600,400&ssl=1 "Google and Microsoft donate million apiece to Trump’s inauguration")
Source: The Verge Google and Microsoft are the latest tech companies to donate to President-elect Donald Trump’s inauguration. Each company contributed $1 million to the fund — the same amount pledged by Meta, Amazon, Sam Altman, and Tim Cook. In a statement to CNBC, Karan Bhatia, Google’s global head of government affairs and public policy,…
Source: Live Mint (Bloomberg) — The wildfires sweeping through Los Angeles are unlikely to trigger significant losses in catastrophe bonds designed to capture such risks. Roughly 12% of the $50 billion cat-bond market is currently exposed to wildfire risk, according to Florian Steiger, chief executive officer of Icosa Investments AG, a Swiss-based investment firm. Even…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25427869/fubo.jpg?w=600&resize=600,400&ssl=1 "DirectTV and EchoStar aren’t happy about Disney and Fubo’s settlement")
Source: The Verge On Monday, Fubo announced that, as part of its plan to merge with Hulu + Live TV, it would also drop its lawsuit against Disney, Fox, and WBD alleging that their collaboration on Venu Sports violated US antitrust laws. The settlement outlines how Hulu + Live TV and Fubo can create a…
Source: Coin Tegraph Bitcoin’s ability to hold $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Read Full Article
