Jun 29, 2026Twila Rosenbaum Meta has named Kunal Shah, founder of Indian fintech CRED, as the new chief of WhatsApp, succeeding Will Cathcart after nearly seven years. Alongside the leadership change, Meta is investing $900 million in CRED, valuing the company at $4.5 billion. The move underscores Meta’s focus on India, WhatsApp’s largest market with over 500 million users, as it seeks to expand payments and business messaging. Shah steps down as CRED CEO but retains his shareholding; Miten Sampat takes over as interim chief. View more
Jun 29, 2026Twila Rosenbaum Anthropic, the AI company behind Claude, has become the first pure AI startup to join the Frontier carbon removal collective. Frontier announced a new $915 million tranche of funding, nearly doubling total pledges to $1.8 billion. The group has contracted $700 million across more than 50 projects to remove 1.8 million tons of carbon. Anthropic's membership signals a potential shift in the AI industry's approach to climate action. View more
Jun 29, 2026Twila Rosenbaum The US government's enforcement letter forced Anthropic to take down its Fable 5 and Mythos 5 AI models. New evidence suggests the ban was not about a guardrail bypass but rather political retaliation. Security experts call the move dangerous and urge revocation. View more
Jun 29, 2026Twila Rosenbaum The tech layoff wave continues in 2025, with over 22,000 job cuts recorded so far. Major companies like Amazon, Intel, and Microsoft have led the reductions, driven by AI adoption and restructuring. This article provides a comprehensive monthly breakdown of all known layoffs, from January through December 2025. The list is updated regularly. View more
Jun 29, 2026Twila Rosenbaum Throughout 2025, OpenAI released a series of major updates to ChatGPT, from GPT-5 and new reasoning models to enhanced image generation and safety controls. This timeline covers every key change month by month, highlighting the company's response to competition and regulatory pressure. View more
Jun 28, 2026Twila Rosenbaum President Trump signed executive orders to accelerate U.S. development of large-scale quantum computers while simultaneously mandating federal agencies to migrate to post-quantum cryptography by 2030. The dual approach aims to harness quantum computing's potential while safeguarding against its threat to current encryption standards, including Bitcoin's security. The Department of Energy will host advanced quantum computers, and the Pentagon must field next-generation quantum sensors by 2028. View more
Jun 28, 2026Twila Rosenbaum Ethereum Foundation co-executive director Hsiao-Wei Wang has stepped down, marking at least the eighth senior departure in five months. The talent exodus has divided the community, with some blaming management failures and others viewing it as a natural push toward decentralization. The leadership void raises questions about the Foundation's future role in Ethereum's development. View more
Jun 28, 2026Twila Rosenbaum Taiko, an Ethereum layer-2 scaling network, was forced to halt block production after a bridge exploit drained approximately $1.7 million in crypto assets. The attacker bypassed security by forging cross-chain withdrawal proofs, a vulnerability that has plagued many bridge protocols this year. The team quickly froze operations to contain the damage, but the token price dropped sharply. This incident highlights ongoing risks in layer-2 interoperability. View more
Jun 28, 2026Twila Rosenbaum Bitcoin gave up early gains as the Nasdaq shed more than 1%, with tech stocks and crypto shares reversing. The VIX surged 16.5% and Bitcoin's implied volatility jumped 10%. Meanwhile, SpaceX shares plunged 16.5% and the Fed's hawkish stance continued to pressure risk assets. The article covers key market movements, including Bitcoin's resistance levels and institutional crypto activity. View more
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