Uber is moving deeper into the AI services space, expanding its data labeling business just as some AI firms have begun to distance themselves from Scale AI following Meta’s $14.8 billion investment in the company. On June 20, Uber announced a major expansion of its AI data services unit, now branded as Uber AI Solutions. […]
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a recent interview at Coinbase’s State of Crypto Summit, the Commodity Futures Trading Commission (CFTC) Acting Chair shared the future of the agency’s crypto regulation under the pro-industry administration. CFTC Won’t Criminalize Crypto On Thursday, CFTC’s acting chair, Caroline Pham, told Yahoo
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As US lawmakers work on passing crucial crypto-related legislation, multiple tech giants are reportedly exploring the adoption of stablecoins to lower transaction costs and streamline cross-border payments. Apple, Airbnb, X Eye Stablecoin Integration On Friday, Fortune reported that multiple Big Tech companies
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Key Notes Khosrowshahi emphasized the importance of stablecoin as a store of value, hinting that he prefers them over Bitcoin. Arizona Senator Ruben Gallego confirmed that the Senate’s stablecoin bill could garner support from up to 16 Democrats. Stablecoin issuer Circle made a strong NYSE debut, with shares opening at $69 and closing at $83,
Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method. Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international transactions. “We’re still in the study phase,” he said, noting that global firms
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An American visitor ended up losing $123,000 in crypto after getting into the wrong cab in central London. He said he felt drowsy and blank after taking a cigarette the driver offered him. Thirty minutes later, he woke up on the pavement
American Tourist Drugged, Crypto Worth $123K Stolen By Uber Driver Read More »
