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View More NewsIn this episode, Robby Soave and Christian Britschgi discuss Donald Trump’s pointless primetime speech, then turn to J.D. Vance and Joe Rogan’s continued fixation on Jeffrey Epstein. The hosts also talk about wildfire smoke from Canada reaching Washington, D.C., before they debate the worst person to ever get canceled. Later, they examine Lindsey Graham’s foreign policy legacy, interest-group opposition to data centers, and why no one walks in Las Vegas. 0:00—Donald Trump’s pointless primetime speech 8:12—J.D. Vance and Joe Rogan keep talking about Jeffrey Epstein. 12:43—The Canada wildfire smoke reaches D.C. 15:30—It’s a crime to be a heterosexual man now.…
“Both Stripe and PayPal do approximately the same amount of payment volume, but Stripe has about one-fifth the net revenue,” Hadick said. “From a financial perspective, this is obviously accretive, and it helps them connect their merchant processing business, which is at risk of being commoditized, with a broad subset of PayPal’s more than 400 million accounts.”Hadick also cautioned that executing a deal of that size would be difficult. “M&A integration in something of this size is incredibly hard,” he said.Beyond merchant paymentsEric Queathem, CEO of Velocity, said the acquisition would also give Stripe access to one of the world’s…
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The rise and fall of Graham Platner, who has just withdrawn from the U.S. Senate race in Maine in which he was challenging Republican incumbent Susan Collins, makes one think of a fairy tale or myth in which a character of humble status is suddenly elevated to wealth and high status by some magical entity but is led astray by character flaws such as greed or hubris and is just as precipitously hurled back into lowly obscurity. In Graham’s case, the magical entities were progressive political operatives Dan Moraff, Leanne Fan and Moritz Katz, who thought they had found the…
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The part that rattles valuations is the license. K3 is open-weight, with the full model due for public release on July 27. Anyone will…
Japanese financial services group SBI Holdings has acquired a majority stake in Holdbuild, the parent company of Singaporean crypto platform Coinhako, after receiving regulatory…
from the this-is-why-we-can’t-have-nice-things dept Here’s a short crash course in U.S. telecom policy. Giant and very unpopular companies like Comcast, AT&T, Verizon, and Charter…
For bitcoin supporters, the reality that BTC is steadier than the Kospi is a notable victory. Still, the largest cryptocurrency remains twice as volatile…
Stablecoin giant Tether’s U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals.According to…
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies…
In brief Anthropic raised $65 billion in a Series H funding round, valuing the AI company at $965 billion. The company said annualized revenue…
from the corruption-kills dept There are two major reasons that the U.S. doesn’t pass an internet-era privacy law or regulate data brokers despite a parade…
California’s onerous and easily exploitable environmental review law is being pushed to new levels of absurdity by unionized state workers who are threatening to…
Crypto trading firm FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission (SEC), the initial step toward a…
Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the…
In brief Researchers at Shanghai Jiao Tong University and Tencent developed ProAct, an AI agent designed to predict likely user needs before users ask.…