Bloomberg Technology
Cryptocurrency Firm Circle Will Go Public via SPAC
Jul.08 — Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, and Bob Diamond, CEO of special purpose acquisition company Concord Acquisition Corp., dive into Circle’s $4.5 billion valuation, stablecoins, and the next chapter of digital finance. They speak with Bloomberg’s Sonali Basak and Caroline Hyde on “Bloomberg Technology.”
Bloomberg Technology
Odd Lots: Why Many Communities Are Skeptical of the AI Boom
From electrical contractors to HVAC engineers, people far from Silicon Valley are quietly asking the same question: Is AI a bubble? Speaking with Joe Weisenthal and Tracy Alloway on Odd Lots, Jasmine Sun explains how local communities weigh the massive economic tradeoffs of multi-year data center projects when they aren’t even sure if the technology—or…
Bloomberg Technology
Why Data Center Pushback Is a Unique Form of NIMBYism
Unlike solar farms or housing projects, data centers face a unique challenge: people don’t just oppose them in their own backyards—they question if we need them at all. On Odd Lots, Jasmine Sun tells Joe Weisenthal and Tracy Alloway why the AI industry and policymakers have failed to make a compelling case for the AI…
Bloomberg Technology
Apple Cuts Jobs as It Reprioritizes Around AI
Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg’s Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple’s foldable iPhone and why…
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Abram Neitling
July 12, 2021 at 12:19 am
On 5 different block chains eh? Guess I should pack my bags of Algorand, Stellar, ETH, Solana and HBar ????
XRP Freak
July 12, 2021 at 12:25 am
Good choices. Also might add XRP. Every country in the world is running a private version of Ripple which are all connected via ILP of Ripple using XRP for settlement.
Brent Dullum
July 12, 2021 at 12:42 am
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mrPmj00
July 12, 2021 at 2:46 am
Have you noticed that Wall Street Journal, Yahoo, CNBC, CNN and bloomberg hate tech (even though most of us have 401k plans that have big tech) and push crypto crap,
NFT ponzi scheme, and meme/gambling stocks like AMC/gamestop/SPAC, promoting China, and scaring investors by promoting inflation?
For the fools that bought crypto in May 2021, they’ve lost -50% as of July 2021.
You’re wrong about inflation going up. Most people aren’t buying new cars. However, most people DO buy gas and that’s roughly the same as a year ago, not to
mention that we work from home and saved soo much money by not spending on gas or maintenance, and tons more on not having to pay for daycare costs.
Inflation or no Inflation, who cares. Own high quality companies whose products and services have pricing power, that leads them to have stable growing cash flows.
Price will take care of the rest…
FUNKYFRESH707
July 12, 2021 at 3:38 am
USDC XLM XRP
Coin Siaran
July 12, 2021 at 7:09 am
FAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAKKKKKK #VICS rise up!
AJ
July 12, 2021 at 9:45 am
UST is the real stable coin
Kolypsa
July 12, 2021 at 10:15 pm
We already have a Fed-coin. It’s called the US dollar. Lol