AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
Source: Venture Beat AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce. Read Full Article
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Bitcoin soars past $90,000 to new all-time high after Donald Trump promises to ease crypto regulations | Stock Market News
Source: Live Mint Cryptocurrency Bitcoin crossed the $90,000-mark on Wednesday, November 13 after Republican candidate and US President-elect Donald Trump pledged to ease regulation around the digital tokens, reported the news agency AFP. Bitcoin rallied to an all-time high above $91,000 before easing to $90,670 on Wednesday. The volatile digital asset has gained a lot…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25546251/STK169_Mark_Zuckerburg_CVIRGINIA_C.jpg?w=600&resize=600,400&ssl=1 "Mark Zuckerberg just dropped a single with T-Pain")
Mark Zuckerberg just dropped a single with T-Pain
Source: The Verge If you want to preserve the existing version of Lil Jon’s “Get Low” in your brain, maybe don’t listen to this cover T-Pain made with Mark Zuckerberg — excuse me, Z-Pain. Their version transforms the “Get Low” I got down to at all my school dances into a song with a much…
You can now run the most powerful open source AI models locally on Mac M4 computers, thanks to Exo Labs
Source: Venture Beat To further support adoption of local AI solutions, Exo Labs is preparing to launch a free benchmarking website next week. Read Full Article
Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
Source: Coin Tegraph The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25731710/chevy_electric_truck_charging_in_garage_at_night_d.jpg?w=600&resize=600,400&ssl=1 "GM offers free nighttime charging to Chevy EV owners in Texas")
GM offers free nighttime charging to Chevy EV owners in Texas
Source: The Verge General Motors is teaming up with Reliant Energy to offer free nighttime charging to some Chevy electric vehicle owners in Texas. Chevy owners who enroll in Reliant’s EV charging plan will receive free nighttime charging through monthly bill credits that offset charges incurred between 11PM. and 6AM, the companies said. Customers must…
Next Target For Bitcoin Price Is $102,000, Says Top Analyst
Source: Bitcoinist The Bitcoin price soared to a new all-time high of $89,940 on Binance on Tuesday, fueled by market excitement over Donald Trump’s victory in the US presidential election. The surge comes as Trump has promised to establish a national Bitcoin reserve and has even considered using Bitcoin to pay down the US national…
Sen. Warren to be top Democrat on committee crucial for crypto policy
Source: Coin Tegraph After Ohio Senator Sherrod Brown lost reelection, Elizabeth Warren said she would become the ranking member of the Senate Banking Committee. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/24774107/STK156_Instagram_threads_4.jpg?w=600&resize=600,400&ssl=1 "Threads might get ads early next year")
Threads might get ads early next year
Source: The Verge Meta could bring ads to Threads as soon as next year, according to a report from The Information. As part of its plan, Threads will reportedly allow a small number of advertisers to make and publish ads in January. That tracks with what my colleague Alex Heath reported about the rollout of…
Sebi proposes revisions to custodian regulations | Stock Market News
Source: Live Mint The Securities and Exchange Board of India (Sebi) has issued a consultation paper seeking feedback on proposed updates to the Sebi (Custodian) Regulations, which govern the operations of custodians in the Indian securities market. Custodians play a crucial role in ensuring the safety and proper management of assets for institutional investors, such…