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9/24
13:27
Kalshi predicts the Federal Reserve will raise interest rates 2.4 times this year, significantly higher than the 2.1 times predicted earlier this week.
Kalshi predicts the Federal Reserve will raise interest rates 2.4 times this year, significantly higher than the 2.1 times predicted earlier this week, indicating a notable hawkish repricing of market expectations for Fed rate hikes.
13:24
France-based semiconductor company Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
13:20
The U.S. government is backing Musk, seeking to join X's lawsuit against the EU's €120 million fine, accusing EU regulators of overreach.
The U.S. government is seeking to join a lawsuit filed by Elon Musk to overturn a €120 million (approximately $136.5 million) fine imposed by the European Union on his social media platform X for violating online rules, Bloomberg reported. Brett Schumette, Assistant Attorney General for the Civil Division of the U.S. Department of Justice, stated that the European Commission is improperly attempting to expand its regulatory authority to include U.S. companies within its jurisdiction and to control American innovation and economic growth engines. The European Commission's decision to impose the fine was made last December and has since become a focal point in the increasingly strained transatlantic relationship between Europe and the U.S.
13:19
Repsol Says 90% of Its Crude Supply Risks Breaching New EU Rules
Repsol SA anticipates about 90% of its crude oil supplies falling short of new European Union methane requirements that are due to take effect in January, the latest in a series of warnings from the industry that the rules could threaten the region’s energy supplies.
13:12
Meta's stock price is nearing a one-year high, with CNBC stating that the successful demonstration of its AI assistant, Muse, showcases a victory for its AI strategy.
Meta is transforming from a social media giant in the AI era, with its AI assistant Muse at the core of the company's strategy.
13:11
Donald Trump took Chinese President Xi Jinping on a ride in the presidential helicopter.
13:11
The Sudanese pound has plummeted, with the black market exchange rate reaching 7,500 Sudanese pounds per US dollar. The inflation rate soared to 41% in July, leading to a sharp decline in public purchasing power.
The Sudanese pound has plummeted, with the black market exchange rate for USD to SDG reaching 7,500, compared to just 600 before the war. The country's annual inflation rate hit 41% in July, with prices for basic goods like bread, sugar, and meat soaring, leading to a sharp decline in household purchasing power. The United Nations Development Programme (UNDP) estimates that Sudan's economy has contracted by over 40% during the war, with a GDP loss of approximately $6.4 billion in 2023. The World Bank predicts that the extreme poverty rate will rise from 48% in 2023 to 59% in 2025.
13:11
UNCTAD Report: Gaza's Economic Recovery Requires $71.5 Billion, Unemployment Exceeds 90%
The United Nations Conference on Trade and Development (UNCTAD) released its latest report, stating that the recovery and reconstruction needs in the Gaza Strip have reached $71.5 billion and are likely to continue increasing. The report notes that Gaza's economy has experienced "the most severe crisis on record," with unemployment soaring to over 90% and per capita GDP falling by 83% since 2022 to $212 per year. The report emphasizes that the consequences of 59 years of Israeli occupation and the "genocidal war" since October 2023 have resulted in 92% of economic facilities being damaged or destroyed, and cumulative labor income losses of $2.8 billion. The report calls for large-scale international financial and technical assistance, prioritizing issues such as the transfer of withheld Palestinian revenues and stabilizing the financial system.
13:05
Google Photos' AI virtual try-on feature is now fully available in the US, Brazil, and India.
Google's AI-powered virtual try-on feature is now fully available on Android and iOS devices in the US, Brazil, and India. This feature creates a virtual wardrobe from users' clothing photos, allowing them to filter by category, mix and match, and create different outfits. The feature was first launched for Android users in June. Google states that the feature is designed to assist users and will not share user outfit data with third-party retailers. This update also includes photo selection, brightening, and sharing features in Gemini Spark, as well as upgraded markup tools and more AI Remix templates.
13:04
Revolut reveals customer data breached twice this month after former US broker DriveWealth suffered social engineering attack; hacker publishes 'Italy Files' and demands ransom
The breaches, revealed today by both Revolut and DriveWealth, occurred on September 4 and 5, compromising names, emails, ages, genders, citizenship, postal addresses, and employment details. Earlier this month, Revolut also disclosed a separate incident where hackers used an Italian government email to access company data. Ransom demands for the email attack reportedly ranged from $760 million in BTC to $3 million in XMR. The hacker claims negotiations failed and has published the “Italy Files,” containing data of 680 crypto whales. Revolut stressed that core infrastructure, funds, and accounts were not impacted.
13:04
Payy Network has suspended services, including deposits, withdrawals, and card payments, due to a loss of 1.92 million USDC.
Payy Network has suspended services, including deposits, withdrawals, and card payments, due to a loss of 1.92 million USDC. The lost funds were initially converted to approximately 683 ETH, most of which have been sent to three wallets.
13:03
Trump Administration Holds Quiet Talks with China Over Suspected Nuclear Tests and Expanding Arsenal
The Trump administration has been quietly holding talks with China regarding allegations that Beijing conducted secret low-yield nuclear tests and concerns about its rapidly expanding nuclear arsenal. China strongly denies violating the 1996 nuclear-test-ban treaty. Washington is seeking stronger verification measures, greater transparency, and more advance notice of ballistic-missile tests. The discussions currently focus on reducing nuclear risks, with further talks expected next month.
13:03
Trump Administration Presses China on Suspected Nuclear Tests in Confidential Talks
13:02
Xinhua News Agency: Xi Jinping told Donald Trump that China's stance on safeguarding national unity and territorial integrity is clear and unequivocal.
12:58
OpenAI AI agents reportedly attempted to breach university and government websites, including an Australian health portal.
OpenAI-linked AI agents reportedly attempted to break into university and government websites in the U.S. and Australia while searching for public data during training and benchmark tasks. One agent gained unauthorized access to infrastructure behind an Australian health portal, according to officials. OpenAI stated the agents took unintended actions and that it is conducting a broader review of the incidents.
12:58
Chinese President Xi Jinping hopes the U.S. will adhere to opposing 'Taiwan independence'.
12:58
Xinhua News Agency: Xi Jinping Urges US and Iran to Resolve Issues Through Negotiations As Soon As Possible
12:55
OpenAI's AI tried to breach 4 other targets, according to NYT
12:55
Experts say U.S. government bond yields soaring to multi-year highs could push up auto loan rates.
The U.S. 30-year government bond yield rose to 5.446% on Thursday, reaching a new high since 2004; the 10-year government bond yield also jumped to 5.15%, its highest level since 2006. Experts stated that as auto loan rates typically fluctuate with 5-year or 10-year government bond yields, auto loan rates are also expected to rise accordingly. This follows the Federal Reserve's decision last week to raise the target range for the federal funds rate to 3.75%-4.0%.
12:51
Petrobras Executive Expects Braskem to Reach $11 Billion Debt Restructuring Deal With Creditors
A Petrobras SA executive on Braskem SA’s board expects the Brazilian petrochemicals producer will be able to reach a deal with creditors to restructure some $11 billion of debt and avoid a bankruptcy filing.
12:46
Google DeepMind launches Gemini 3.8 Live with Live Avatar, bringing real-time visual presence to conversational AI with 97-language support
The new feature enables a more natural and intuitive conversational experience for enterprises and their users by natively coupling live dialogue capabilities with low-latency streaming video. It offers precise lip-syncing, natural expressions, and fluid turn-taking, transforming digital exchanges into richer, more accessible experiences for enterprise virtual offerings. Live Avatar also supports asynchronous tool calling for complex tasks and dynamically adapts lip-sync and expressions across 97 languages without degrading video fidelity.
12:42
LINK (Chainlink) rose 6.01% in 4 hours, now trading at $13.003.
12:38
AI voice technology company ElevenLabs is reportedly valued at $22 billion, with its CEO stating that companies should disclose the identity of their AI customer service.
ElevenLabs co-founder and CEO Mati Staniszewski stated this week that the company's current Annual Recurring Revenue (ARR) is $600 million, with over 55% coming from enterprise clients. He believes that enterprises using AI voice customer service should disclose its AI identity to customers, at least until AI customer service becomes a common expectation. The company is currently valued at $22 billion by its backers.
12:33
Musk states his AI efforts are only 3 years old, expects SpaceX to achieve AI leadership in approximately 6 months.
Musk posted on X that SpaceX's AI efforts are only 3 years old, while Anthropic and OpenAI are 6 and 10 years old, respectively. He predicted that if the "second derivative" remains strong, SpaceX will achieve a leading position in AI in approximately 6 months. He also noted that once intelligence levels far exceed mission requirements, additional intelligence becomes meaningless, and emphasized the immense difficulty of rapidly bringing large-scale computing hardware online, an area where SpaceX has performed exceptionally well and will continue to improve.
12:30
XRP Trading Volume in South Korea Surpasses U.S., With Upbit Outpacing Coinbase
XRP's daily trading volume on South Korean exchange Upbit reached $224.22 million, exceeding Coinbase's $173.38 million in the U.S. This surge is attributed to South Korea's ban on leveraged crypto futures trading, which pushes retail investors to seek volatility in the spot market, where XRP's low fees and high speed are attractive. Additionally, stagnation in traditional South Korean markets has led local investors to shift capital into crypto.
12:25
SoftBank Group plans to raise a record $11.1 billion via high-yield bonds with up to 9.75% yield to invest in OpenAI
SoftBank Group, a Japanese technology investment company, announced Thursday its plan to raise a record $11.1 billion through the sale of dollar- and euro-denominated corporate bonds with low ratings but yields of up to 9.75%. The funds are intended for investment in OpenAI.
12:24
The film "NAZA," which exposes Israel's alleged misuse of AI in killing civilians in Gaza, will be available for free online streaming in November.
The documentary was co-directed by Israeli filmmaker Yuval Abraham and has secured theatrical distribution in over 50 countries. Based on testimony from Israeli military and intelligence sources, it exposes the use of an AI system called "Lavender" to identify assassination targets, with an error rate as high as 10%. NAZA previously won the Special Jury Prize at the Venice Film Festival. Prior to this, Israel's Culture Minister had called for the directors' citizenship to be revoked, and Prime Minister Netanyahu also pledged to legislate the revocation of citizenship for those who defame Israeli soldiers.
12:21
Russia Raises Taxes to Fund Ukraine War
Russia will increase dividend taxes for foreign investors and impose a windfall tax on gold and metal producers to fund its war in Ukraine.
12:17
The United States and Iran are reportedly discussing a phased agreement for the Strait of Hormuz, with Reuters stating that Iran reopening the strait could lead to the US lifting economic sanctions.
Reuters reports that US and Iranian negotiators are discussing a phased agreement to end the conflict. A potential first step involves Iran reopening the Strait of Hormuz in exchange for Washington lifting economic sanctions and possibly unfreezing Iranian assets. The main obstacle currently is the sequencing, as neither side is willing to give up leverage first, leaving the negotiations fragile.
12:16
The 10-year US Treasury yield rose to 5.17%, refreshing its 365-day high.

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