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How A Musk Victory Vs. Altman Would Reset America's AI Roadmap
How A Musk Victory Vs. Altman Would Reset America's AI Roadmap
A courtroom victory for Elon Musk in his high-stakes federal trial against Sam Altman and OpenAI would deliver one of the most disruptive blows to the artificial intelligence sector in its brief but explosive history - potentially forcing the $850-billion-plus company to unwind its for-profit empire, ousting its top leaders, and handing Musk a symbolic and financial hammer to reshape the global race for AGI while weakening one of its fiercest competitors.
The case is now being argued in a...
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May 6, 2026 / Tyler Durden
'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading
'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading
Just a week after Amy Oldenburg, Morgan Stanley’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full (a gap she says is the industry’s most urgent problem), the bank announces the launch of crypto trading on E*Trade, charging 50bps in a pilot that undercuts rivals like Coinbase, Robinhood, and Charles Schwab.
CoinDesk reports that Morgan Stanley’s Head of Wealth Management, Jed Finn, said the initiative goes beyond...
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May 1, 2026 / Tyler Durden
Canada's Culture Minister: Regulating Online Content A Duty Of Federal Government
Canada's Culture Minister: Regulating Online Content A Duty Of Federal Government
Authored by Olivia Gomm via The Epoch Times (emphasis ours),
Culture Minister Marc Miller says the federal government has the role of regulating content on the internet and that Canada is years behind other countries when it comes to regulating “online harms.”
Minister of Canadian Identity and Culture Marc Miller rises during Question Period in the House of Commons on Parliament Hill in Ottawa, on Feb. 25, 2026. The Canadian Press/Spencer Colby
Miller told reporters on Parliament Hill April 29 that when...
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May 7, 2026 / Tyler Durden
AI Is Causing A Tidal Wave Of Job Cuts At Crypto Firms
AI Is Causing A Tidal Wave Of Job Cuts At Crypto Firms
Layoffs are spreading across crypto and fintech — and executives increasingly say AI is part of the reason, according to Bloomberg.
Coinbase, PayPal, Gemini, and Crypto.com have all recently cut jobs while emphasizing efficiency and automation. On Tuesday, Coinbase CEO Brian Armstrong framed the shift in stark terms, warning that “the biggest risk now is not taking action” as the company tries to become “lean, fast, and AI-native.”
Bloomberg writes that the trend gained momentum after Block, Inc. — the...
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