Author: bibhuti

Anyone who works at Meta or knows anyone who works at Meta will tell you the same thing: it is not a happy place, particularly given the seemingly endless layoffs the company has executed over the last few years — cuts that have only accelerated as the company funnels billions into AI. Now, a new report in Wired suggests the company’s Applied AI team is on the verge of revolt. The drama kicked off when someone hijacked a livestreamed, employee-only presentation this week with an expletive-laden meltdown, demanding that attendees tell a senior Meta AI executive that he was “a…

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Silicone roof restoration allows commercial property owners and HOA boards to bypass the cost of a full replacement, secure up to 20 years of leak-free protection, and potentially write off the entire expense within the first year. Post this Up to 50% Lower Cost Compared to Roof Replacement In many cases, silicone roof restoration can reduce project costs by up to 50% compared to full tear-off and replacement of flat roofing systems. This makes it particularly attractive for HOA boards and commercial property managers working within strict budget cycles.Tax Benefits and Capital Expense OptimizationSilicone restoration systems may also qualify as…

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Envision this: You’ve landed a prestigious contract with a global hospitality giant. You’ve gone out and hired the best subcontractors, paid for the materials, and covered your travel expenses. You’re £10,000 down, of course, but it’s fine, because the invoice will be in before you know it, right?Wrong.I recently looked into a case where a small firm was left in exactly this position. After the work was done, the client just stopped messaging back. There was no thank you, just radio silence as the small firm was left holding a five-figure debt to their own suppliers.When you’re the little guy, you…

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Robinhood said it has seen “record-breaking” traffic on its trading platform Friday in the hours after SpaceX’s historic public markets debut. The company shared in a post on X that “some customers experienced latency and intermittent issues” with trading but that the platform quickly recovered. SpaceX’s shares started trading on the Nasdaq stock exchange at around 11:47 a.m. ET. Those shares immediately started trading up around 11%, pushing the company’s valuation past $2 trillion — and making Elon Musk the world’s first trillionaire. In just one hour, around 263 million shares have traded, according to Nasdaq, representing around $42 billion…

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SpaceX lifted off on its first day as a public company, immediately jumping to $150 a share after it began trading on the Nasdaq, around 11% higher than the $135 figure at which it officially priced its IPO on Thursday. The stock price reached as high as $176 in midday trading, pushing the company’s market capitalization to nearly $2.3 trillion, before ultimately settling 19% higher at $160.95 as markets closed. The stock pop isn’t a surprise. The company’s IPO was oversubscribed by 4x, according to Bloomberg, meaning many institutional investors didn’t receive allocations and are likely buying shares on the…

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Standard Chartered’s head of digital asset research, Geoff Kendrick, declared Friday that the crypto market has seen its cycle low, with Bitcoin’s recent dip to approximately $59,000 marking the bottom of the latest downturn — a 53% drawdown from its October all-time high of $126,000.  “Winter is over. Welcome back to crypto spring,” Kendrick wrote in a Friday note, adding, “I think we have now seen the low in crypto asset prices for the cycle.” Bitcoin had recovered to around $64,000 at the time of Kendrick’s note, representing a roughly 5% gain over the prior week. The bank maintains a…

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Google is suing to dismantle the infrastructure behind an alleged massive AI-powered cybercrime operation. On Friday, the tech giant announced a lawsuit against an alleged Chinese cybercrime network called Outsider Enterprise, which Google says uses AI in its campaigns to send scam text messages impersonating Google and other brands to steal passwords and credit card numbers.  Outsider Enterprise has financially scammed “hundreds of thousands of victims” with losses “estimated in the millions.” The group deployed 9,000 fake websites, one million fraudulent web domains, and 2.5 million texts sent to Android users in a two-week period, according to Google.  The company…

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Friday 12 June 2026 7:01 pm Blockworks, the leading crypto data platform, today announced it has acquired Messari, a crypto data and market intelligence company. The deal brings together two of the industry’s largest information businesses and marks the first major acquisition following Blockworks’ recent Series A extension at a $192 million valuation. Blockworks raised the funds in part to consolidate crypto’s fragmented data and information market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260611031601/en/ Messari has spent eight years building the most comprehensive data platform in crypto. They have coverage of more than 40,000 assets and…

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