AI | May 9, 2025 Microsoft Blocks Employee Use of DeepSeek But Still Offers Its AI Model On May 8, 2025 during a U.S. Senate testimony on 'Winning the AI Race', Microsoft Vice Chair Brad Smith said the company blocked employees from using the DeepSeek AI app because of the app’s data collection practices, risks
Enforcement | May 9, 2025 Celsius Founder Alex Mashinsky Lied to Customers and Inflated His Company’s Token Alex Mashinsky, Founder of the crypto lending platform Celsius, has been sentenced to 12 years in prison for defrauding customers and manipulating the price of his company’s digital token. See: Unveiling the Celsius and 3 Arrows Capital implosions
On TikTok, money saving hacks with hashtags such as no buy, low buy, slow buy and underconsumption are exploding in popularity, especially among young adults.
President Donald Trump is eyeing a tax hike on the wealthiest Americans to fund his spending and tax package. Here's how the rate compares to recent history.
Consensus Toronto | May 9, 2025 Toronto Becomes a Power Hub for Digital Asset Wealth Strategy at Consensus May 15 The financial world is changing fast, and Consensus 2025 Toronto is where proactive, leading advisors will be. On May 15, CoinDesk is hosting Wealth Management Day as part of its flagship conference at the Metro
It's the latest move in Buffett's long history of philanthropy.
Companies are hesitant to lay people off, but are hiring at their slowest pace since 2014. Here's how job seekers can succeed in the current job market.
Some Americans believe real estate and gold are the best assets for long-term investments over stocks. They may be misguided.
Crypto Regulation | May 8, 2025 UK’s FCA Publishes New Rules to Regulate Crypto Platforms, Lending, Staking, and DeFi The Financial Conduct Authority (FCA) just dropped Discussion Paper 25/1 'Regulating Cryptoasset Activities' (83 page PDF) for industry and stakeholder feedback, following the HM Treasury’s draft rules shared on April 29, 2025 that propose bringing crypto
M&A | May 8, 2025 Coinbase Buys Deribit for $2.9B to Become Global Crypto Derivatives Leader On May 8, 2025, Coinbase announced that it has agreed to acquire Deribit in a $2.9 billion deal, to become the world’s largest crypto options exchange. The acquisition includes $700 million in cash and 11 million shares of Coinbase
May 8, 2025 Precision doesn’t expire. Not when you’re dealing with a name like Hexagon. In the world of dimensional metrology, Hexagon is a heavyweight. Their Coordinate Measuring Machines are known for accuracy, flexibility, and the kind of durability that makes engineers breathe easier. So, when a Hexagon CMM is pre-owned (but certified) it’s not
Companies are hesitant to lay people off, but are hiring at their slowest pace since 2014. Here's how job seekers can succeed in the current job market.
The IRS has lost nearly one-third of tax auditors amid DOGE cuts, according to a watchdog report. Here's what to know.
Federal student loans should come with slightly lower interest rates in the 2025-2026 academic year. Here's what to know.
Federal student loans should come with slightly lower interest rates in the 2025-2026 academic year. Here's what to know.