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The Token Revolt Goes Mainstream: Palo Alto CEO Demands 90% AI Price Drop Eight days ago it was Palantir's Alex Karp going ballistic on live television about the "effing insane" economics of renting intelligence by the token. On Thursday it was Palo Alto Networks CEO Nikesh Arora's turn, and while his delivery was calmer, his number was not: Arora told CNBC that AI token prices need to fall as much as 90% before enterprise adoption can actually scale. So the chief executive of one of the largest cybersecurity companies in the world...

Israel’s Channel 14 has reported that the Israeli government is accusing Lebanese Army Commander Gen. Rodolphe Haykal of directly coordinating operations with Hezbollah, raising concerns about coordination between the two nations during the ongoing Israeli invasion and occupation of southern Lebanon. These claims are undermining US-brokered efforts to try to get Israel to cede small […]

Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say Authored by Brayden Lindrea via CoinTelegraph,.com, America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits. In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.” “It is imperative that Congress get this right,” the American...