Business

Philippine Daily Inquirer

BofA: BSP may end rate-hike cycle in Aug

Philippine Daily Inquirer

BofA: BSP may end rate-hike cycle in Aug

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may deliver one final rate increase this month before bringing its tightening cycle to a close, Bank of America (BofA) said, as it expects economic growth to remain weak through…

The Guardian

The Guardian view on AI money in US politics: not the way to hold an urgent democratic debate | Editorial

Amid public concern over the impact of new technology, Silicon Valley’s use of its wealth to influence specific election races is an unwelcome development As the huge societal ramifications of artificial intelligence have become clear…

The Guardian

Health insurers are dumping Medicare Advantage plans. Here’s how many seniors could be affected.

Health insurers are dumping Medicare Advantage plans. Here’s how many seniors could be affected.

Older adults could be scrambling for new health coverage next year, especially in rural markets that have fewer insurance choices.

RUM Group’s $3 Billion AI Opportunity

RUM Group posted record quarterly revenue as its push into AI infrastructure begins to show up in results following its acquisition of Northern Data. CEO Chris Pavlovski joins Bloomberg to discuss the company’s Quake AI business, its push…

RUM Group Sees Path to 30-Fold Revenue Gain on AI Power Capacity

RUM Group Inc. Chief Executive Chris Pavlovski said the company’s 250 megawatts of currently unmonetized power capacity represents a potential 30-fold sales boost in the wake of its expansion into artificial intelligence infrastructure.

Moscow releases former US Marine after four-year stint in Russian prison

Financial Times

Moscow releases former US Marine after four-year stint in Russian prison

State department says American was freed without prisoner exchange or Washington concessions

Financial Times

Sequoia’s $250 Million Bet on America’s Drone Future

Drone startup Neros has raised $250 million in a round co-led by Sequoia that triples its valuation to $2.5 billion as it expands beyond strike drones into autonomous systems and drone interceptors. CEO Soren Monroe-Anderson and Sequoia…

Apple Executive in Charge of Apple Pay and Wallet Services Is Leaving

Apple Inc.’s Jennifer Bailey, the longtime head of Pay and Wallet services, is retiring after more than two decades at the company, adding to a sweeping changing of the guard at the iPhone maker.

‘I’m dreaming of cocktails at Château Marmont’: I found $100 in my Airbnb’s communal washer. What should I do?

‘I’m dreaming of cocktails at Château Marmont’: I found $100 in my Airbnb’s communal washer. What should I do?

“The landlord has not been here in months, so I assume it was a previous tenant.”

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure

CNBC

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure

Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic

CNBC

Apple's Glass-Centric iPhone Should Still Be Ready in 2027

Apple’s planned glass-centric iPhone remains on track for 2027, Bloomberg reports, despite a Jefferies analyst saying supply-chain checks suggested the device had been canceled. Bloomberg Intelligence’s Anurag Rana explains how new designs…

US jury in Luigi Mangione murder trial to remain anonymous

Al Jazeera