US Bombs Somalia for 35th Time This Year

Texas Pacific Land Crashes After Largest Shareholder Dies Land-and-royalty company Texas Pacific Land Corp. crashed the most since early Covid after the head of its largest shareholder unexpectedly died.  Bloomberg reports that Murray Stahl, CEO of Horizon Kinetics and a TPL board member, died on Thursday, sending shares spiraling lower by 17% in late-afternoon trading. This marked the largest intraday decline in the stock since early 2020. Stahl was described as a longtime believer in TPL, one of the largest private landowners in Texas, with most of its acreage concentrated in the...

IMF Panics, Warns Tokenization Could Bring Crypto Risks Into Global Financial Markets Authored by Francisco Rodrigues via CoinDesk.com, Tokenization could reshape finance by enabling instant settlement and cutting out intermediaries, and introduces new risks that regulators are not yet equipped to manage, the IMF said. Tokenization could amplify volatility through automated markets and smart contracts, the report said. The IMF called for clearer legal frameworks and stronger global coordination, warning that tokenized assets moving instantly across jurisdictions could complicate oversight and deepen financial fragmentation in the absence of proper regulation. Tokenization, the representation of...

Protesters Rally Outside OpenAI, Anthropic, And xAI Offices Over Industry Concerns Authored by Jason Nelson via decrypt.co, In brief 200 protesters marched from Anthropic to OpenAI and xAI offices in San Francisco. Activists called on AI companies to pause development of new frontier AI models. Organizer Michael Trazzi previously staged a multi-week hunger strike outside Google DeepMind. Protesters took to the streets of San Francisco on Saturday, stopping outside the offices of Anthropic, OpenAI, and xAI to call for a conditional pause in the development of increasingly powerful artificial intelligence. According to Stop the AI Race...