"The Foundations Of Dollar Dominance Are Weaker than Anticipated..."

Hungary’s incoming prime minister, Peter Magyar, has said that his government would fulfill its obligations as a member of the International Criminal Court (ICC) and arrest Israeli Prime Minister Benjamin Netanyahu if he entered the country. The ICC issued its warrants for Netanyahu and former Israeli Defense Minister Yoav Gallant back in 2024 over their […]

Dorsey's Block Fires Nearly Half Of The Company In 'Massive' AI Bet, Sending Shares Soaring One week after WIRED reported that things were pretty dismal over at Jack Dorsey's payment processing company Block (formerly Square), the company announced that they are cutting 4,000 employees - nearly half of their headcount - in order to invest 'heavily' in artificial intelligence tools to run more efficiently, including its own called Goose, Bloomberg reports.  The news sent shares up over 30% in after hours trade. "We are taking bold and decisive action here, but we’re doing it from a position of...

Watch: Macron Calls Free Speech Online 'Pure Bullshit' French President Emmanuel Macron on Wednesday said that the notion of free speech on social media platforms - is "pure bullshit," because algorithmically served content can lead to hate speech (such as the right to say his elderly wife has a penis and gives him black eyes). The comments come after the US recently imposed bans on a former European official and pro-censorship activists for trying to police online speech, while US Secretary of State Marco Rubio justifies the moves as pushback against the...