Author: bibhuti

Crypto company Gemini reported a 42% year-over-year increase in revenue in Q1 2026 as it continued its growth from a pure crypto exchange to a financial services company.Total revenue for the Winklevoss twins’ company grew 42% year over year to $50.3 million in the first quarter, while transaction revenue remained stable at $24 million, the company reported Thursday.However, its crypto exchange revenue decreased 27% year-over-year to $17.2 million, “reflecting lower spot trading activity and a moderation in crypto market volumes,” while total trading volume declined to $6.3 billion from $13.5 billion in Q1 2025. The biggest increase was in credit card…

Friday 15 May 2026 6:25 am  |  Updated:  Friday 15 May 2026 6:23 am Good morning and welcome back to the City AM liveblog.Andy Burnham has made his move – and it has left markets on edge.On Thursday evening, after markets had closed, a Labour MP sensationally announced their intention to stand aside to allow Burnham to make his way back into Parliament.The backdrop of this move provides the most pivotal context as Sir Keir Starmer fights to cling onto his premiership.Health secretary Wes Streeting resigned on Thursday, stating he had lost confidence in the Prime Minister and called for a…

Located in the former deli, the new eatery brings authentic Neapolitan pizzas to the heart of Glasgow, with a menu designed around the vibrant pizza culture of Naples. Opened by the Santa Lucia Restaurant Group, it reflects the owners’ Neapolitan heritage. Marcello, owner of SpaccaNapoli, said: “We wanted to create somewhere that feels like a true neighbourhood pizza spot; casual, vibrant and centred around really good pizza that everyone can enjoy. “Spacca Napoli is about bringing our heritage to Glasgow and giving people a genuine taste of Naples right here on Byres Road.” Serving traditional Neapolitan pizzas in a relaxed…

“Our officers will continue to protect communities from the harm of illegal drugs”21:55, 14 May 2026Updated 21:59, 14 May 2026Police seized suspected Class B controlled drugs with an estimated street value of £270,000(Image: PSNI)Detectives from the PSNI’s Organised Crime Branch have seized suspected Class B controlled drugs with an estimated street value of £270,000.The seizures followed a property search where three suspects were arrested and taken into police custody.Detective Inspector Miskelly said: “Officers conducted a proactive search of a property at the Maryville Street area of south Belfast on Thursday, May 14. A quantity of Class B Controlled Drugs with…

David Stroud, 44, targeted a young woman on a train from Hastings to London on April 3, just two days after a new law came into effect criminalising harassment based on a person’s sex. Stroud, from Dartford, pleaded guilty at Highbury Corner Magistrates’ Court on Thursday, May 7.  Paul Okebu, prosecuting, told the court the victim was on the phone to her boyfriend when Stroud sat next to her and began making unwanted conversation. Stroud, who was “constantly leaning on to the woman,” told her “you’re magical” and grabbed her hair, which the victim “perceived to be sexual”. She told…

Silicon Valley’s tokenmaxxing era now has its own hardware. A new open source project brings your Claude Code utilization stats into a tiny desktop dashboard, allowing AI power users to keep an eye on their usage. Sure, you can track Claude Code usage directly in the terminal using commands or other external tools and apps, but that’s not as fun as seeing a pixel-art version of the Clawd sprite dance on a screen before showing at-a-glance token usage info, is it? The “Clawdmeter,” as the device is called, is both a fun side project for AI power users and a…

Running a small business involves a disproportionate amount of admin – reconciling accounts, chasing invoices, planning payroll, generating marketing assets – a time-sink that takes founders away from the real work. Anthropic just launched a product that goes after exactly that problem. Claude for Small Business is a dedicated product launching with 15 pre-built agentic workflows and 15 reusable skills covering finance, operations, sales, marketing, HR and customer service. The platform connects to QuickBooks, PayPal, HubSpot, Canva, DocuSign, Google Workspace and Microsoft 365 through Anthropic’s Cowork interface. Typical automations include reconciling QuickBooks cash positions with PayPal transactions, closing monthly accounts…

OpenAI is so frustrated with Apple over a ChatGPT integration that failed to deliver the subscribers and prominence it expected that the company is now actively exploring legal action against the iPhone maker, Bloomberg News reported Thursday, citing people familiar with the matter. According to Bloomberg, OpenAI has enlisted an outside law firm to work through its options, which could include sending Apple a formal breach-of-contract notice without necessarily escalating to a full lawsuit (at least not immediately). Any legal move would likely wait until after the conclusion of OpenAI’s ongoing trial with Elon Musk. Still, it’s a reminder of…

Richard Socher has been a major figure in AI for some time, best known for founding the early chatbot startup You.com and, before that, his work on ImageNet. Now he’s joining the current generation of research-focused AI startups with Recursive Superintelligence, a San Francisco-based startup that came out of stealth on Wednesday with $650 million in funding. Socher is joined in the new venture by a cohort of prominent AI researchers, including Peter Norvig and Cresta co-founder Tim Shi. Together, they’re working to create a recursively self-improving AI model, one that can autonomously identify its own weaknesses and redesign itself…

On Thursday, NASA issued a Request for Proposal (RFP), seeking industry collaboration for the Mars Telecommunications Network. Reliable, high bandwidth communications is necessary to relay science data, high-definition imagery, and critical information during Mars missions. The network will use high-performance Mars telecommunications orbiters at the Red Planet to support future surface, orbital, and human exploration. This RFP builds on a draft released April 2, as well as insights gathered during the accompanying industry day at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, where commercial partners provided feedback on agency objectives for the Mars Telecommunications Network. The request seeks responses…