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Berkshire's Abel calls Alphabet a 'significant player' in $37.8B AI bet
Berkshire Hathaway’s new CEO, Greg Abel, has given some rare insight into why the firm now counts Alphabet (NASDAQ: GOOG) as its third-largest stock holding. CEO Greg Abel said Berkshire Hathaway is going all-in because it believes the tech giant will benefit from the AI boom through the Google stock itself and the electricity its...Cryptopolitan
Wed, Sep 2
AI startup Wonderful doubles valuation to $5 billion in latest funding round
Wonderful, an Israeli-Dutch enterprise AI startup, closed a $550 million Series C funding round on September 2 at a $5 billion valuation, more than double the $2 billion it was worth when it raised its Series B in March. Capital seems to be flowing quickly to startups that are selling the plumbing for large companies...Cryptopolitan
Wed, Sep 2
How would a space war between the US and China go?
If the USA and China were to ever battle over the nation of Taiwan, that battle may not begin on Earth. Rather, it may start in space, as US defense officials have stated that they expect a domain war with Beijing to begin there. Pentagon assessments point to China’s already developed, tested, and rehearsed weaponry...Cryptopolitan
Wed, Sep 2
Coinbase bets on Canada crypto market with derivative contracts launch
Eligible Canadian investors can now access regulated derivative contracts on crypto exchange Coinbase. The company made the announcement on September 2, stating that traders now have a domestic CFTC-registered venue for crypto futures for the first time in the country. The company stated that the rollout runs through Coinbase Financial Markets (CFM), a futures commission...Cryptopolitan
Wed, Sep 2
Google avoids break up of ad tech business in US lawsuit
A US federal judge declined to force Google to sell its online advertising exchange on Wednesday, sparing the company the harshest penalty the Justice Department had wanted and giving Alphabet a decisive win in a case it had already lost per merits. Google gets to keep AdX U.S. District Judge Leonie Brinkema, sitting in Alexandria,...Cryptopolitan
Wed, Sep 2
Dell shares surge after strong AI server demand boosts forecast
Dell Technologies stock surged about 9% in Wednesday pre-market trading after the company reported a record haul of AI server orders and had a lift in its outlook for the rest of fiscal 2027. The move will interest investors still debating if AI hardware demand can continue to grow and increase. On the NYSE the...Cryptopolitan
Wed, Sep 2
Armed intruders tie up Alès couple and demand crypto, suspects still at large
Two masked, armed men tied up a couple inside their home in Alès, southern France, and threatened them for more than two hours in an attempt to force cryptocurrency transfers. The perpetrators escaped as police reached the property, and neither one has been arrested. France has experienced a long run of violent attacks on suspected...Cryptopolitan
Wed, Sep 2
Dropbox says 5,000 accounts breached in data hack via Lenovo ID integration
Cloud storage service Dropbox informed about 5,000 users this week that their accounts were accessed by hackers between August 4 and August 21, 2026, due to a dormant Lenovo ID sign-in integration that allowed the attackers direct access without the use of a password. The users at risk were Dropbox users who stored files in...Cryptopolitan
Wed, Sep 2
Thailand's SEC sets February 2027 date cutoff date for crypto Travel Rule
Thailand’s Securities and Exchange Commission has set a February 27, 2027, date for digital asset operators to set up the systems they need to align with the finalized version of its crypto “Travel Rule” or lose their right to do business in the country. By the deadline set about six months away by the country’s...Cryptopolitan
Wed, Sep 2
Bitcoin accumulation gets hot again as treasury firms ride bull wave
Corporate Bitcoin buyers moved in unison this week, with firms across Japan, France, and the UK acquiring more Bitcoins. Some have restarted stalled programs, while others have gone as far as offloading other tokens in their treasury to concentrate on Bitcoin. While all these are happening, Bitcoin currently sits at around $76,990. Remixpoint, a diversified...Cryptopolitan
Wed, Sep 2
Uber plans 10% workforce cut, stock surges
Uber has announced a cut of about 3,300 jobs and roughly 10% of its staff in a restructuring aimed at thinning management and shifting the company’s focus to delivery and self-driving cars, according to a statement from CEO Dara Khosrowshahi on Wednesday. Higher ranks at management levels are expected to see a drop of 20%....Cryptopolitan
Wed, Sep 2
OpenAI's chief scientist and CEO sound 'unmonitorability' warning as Astra unlocks critical capabilities
OpenAI’s chief scientist Jakub Pachocki came forward within hours of the firm becoming the first in the AI race to reach the “Critical” cybersecurity designation in its Preparedness Framework after it gave a preview of its coming Astra model. Pachocki’s warning early on Wednesday was meant to cool the hysteria around growing commentary that the...Cryptopolitan
Wed, Sep 2
BTC shook off Japanese bond yield spikes to stage August recovery
BTC recovered despite the constantly rising Japanese bond yields. In the past, BTC has reacted to sudden shifts in yield conditions, but the more predictable rate spikes did not have the same effect on the market.Cryptopolitan
Wed, Sep 2
Taiwan firms plan extra $20B U.S. investment as AI demand drives chip growth
With the growing use of AI across sectors, Taiwanese enterprises plan to spend another $20 billion in the U.S. The nation’s economy minister, Kung Ming-hsin, announced their intention on Wednesday, though he did not share specifics. For some time now, the U.S. has been encouraging Taiwanese tech companies to build more factories on American soil...Cryptopolitan
Wed, Sep 2
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