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Bitcoin Evangelist Michael Thaler said the upcoming tokenization of financial assets could change the way credit and yields are priced across the economy, posing direct challenges to the business of traditional banks and brokerages.“The real power of tokenization is that it creates a free market of credit creation and yield for asset owners.” strategy The founder and chairman spoke Thursday on CNBC’s “Squawk Box.” “So if you can tokenize a large amount of securities, you can shop around for the best credit terms and highest yields.”In contrast, banks effectively dictate the terms of loans for their customers in the TradFi…
As a deadly Ebola outbreak tears through northeast Democratic Republic of the Congo, many first responders are turning a critical eye on events that preceded the crisis: layoffs of health workers funded by the United States, shortages of critical medical supplies and a steep reduction in American support for global aid programs. The World Health Organization says more than a hundred deaths are thought to be linked to this outbreak, with nearly 600 suspected cases so far and it’s warning that “we know the scale of the epidemic in DRC is much larger.” It also said this strain of the…
ivanka trump I am giving my ex-sister-in-law some words of encouragement. rear donald trump jr.ex-wife Vanessa Trump When I told her about my breast cancer diagnosis, my ex-sister-in-law sent her congratulations. “Wishing you continued strength and a speedy recovery,” she wrote below Vanessa’s social media announcement. Vanessa—People to share Kai,19, donald,17, tristan,14, spencer13, and chloe11, with ex-husband – detailed her recent health journey in a May 20 Instagram post, writing, “I was recently diagnosed with breast cancer. This is news that no one expected, but I am working closely with my medical team on a treatment plan.” Former model dating…
spotify Shares soared 13% on Thursday after the music streaming platform laid out its 2030 guidance and reached an artificial intelligence deal with Universal Music, as the technology raises concerns about major disruption across the industry.The company expects earnings in the mid-teens with compound annual growth rates and gross margins in the 35% to 40% range. Spotify has called its plan to reach 1 billion subscribers and $100 billion in revenue its “North Star.””We’re still firing on all cylinders,” co-CEO Gustav Söderström told CNBC’s Julia Boorstin at the company’s first investor day since 2022. “The number of free users and…
Aneel Bhusri, co-founder and executive chairman of Workday, speaks at the 5th Annual Workday Charity Classic in partnership with Stephen and Ayesha Curry’s Eat. learn. play. August 28, 2024 at Stanford Golf Course in Stanford, California.Noah Graham | Getty Imagesworking day Shares rose as much as 14% in after-hours trading Thursday after the finance and human resources software maker reported better-than-expected results and raised its full-year profit forecast.The company’s performance against LSEG Consensus is as follows:Earnings per share: $2.66 adjusted vs. $2.51 expected Revenue: $2.54 billion vs. $2.52 billion expectedWorkday’s revenue increased 13% in the fiscal first quarter ended April…
Original story: Kyle Busch sidelined amid health scare. The NASCAR driver’s family announced that the 41-year-old driver had been hospitalized with a “serious illness.” In a May 21 statement posted on his social media, he continued: “He is currently receiving treatment and will not be participating in this weekend’s activities at Charlotte Motor Speedway. We ask for your understanding and privacy as our family navigates this situation.” In addition to the Cup race at the event, Busch, who has two children, Brexton, 11, and Lennix, 4, with his wife, Samantha Busch, was scheduled to compete in the NASCAR Craftsman Truck…
When reaching out to influential and busy people, it can be difficult to get the responses you need. Executives, senior leaders, and mentors you admire receive hundreds of emails a day. If your post doesn’t grab users’ attention right away, it will be left behind for later and eventually be forgotten or deleted completely. As the author of Managing Up: How to Get What You Need From the People in Charge and an executive coach to top performers at organizations like Microsoft, Apple, and NATO, I’ve spent nearly 15 years helping motivated professionals influence those above them. Even the most…
People walk on the campus of the University of California, Los Angeles, on August 11, 2025 in Los Angeles.Daniel Cole | Reutersbroadcom, Meta, applied materials, global foundries and synopsis is collaborating to launch a $125 million “semiconductor hub” at the UCLA Samueli School of Engineering. The new partnership aims to accelerate AI-powered chip technology research and talent development and support innovation across chip design, equipment, software, manufacturing and other parts of the chip ecosystem, according to a UCLA press release.The research hub, based on the UCLA Samueli Campus, will launch as a five-year effort. Ah-Hyung “Alissa” Park, dean of engineering…
The flight attendant had planned to take home her $1 million prize on Survivor: China and use it to see the world, but she publicly battled alcoholism after appearing on the CBS reality show. A frequent performer on The Dr. Phil Show, he made headlines in 2017 when he claimed to Stat and the Boston Globe that he scored a 0.5 on a breathalyzer test during his infamous 2013 appearance and that the show’s producers provided him with alcohol and Xanax before escorting him on stage. (He resurfaced in 2016, revealing he had relapsed.) A rep for the show denied…
The Ram Rumble Bee will be launched with a 5.7-liter Hemi V-8 (left) and will be available starting in late 2026. Rumble Bee 392 (right) and Rumble Bee SRT (center) will arrive in early 2027.Provided by: RamtraxAuburn Hills, Michigan — Stellantis The company plans to increase sales in North America by 35% by 2030, including by reviving the struggling Chrysler brand, which has relied on a single product for years. The expected growth, focused on traditional American brands, targets a 60% increase in sales for Chrysler and Ram Trucks. 10% for Dodge Performance Brands; 15% for Jeeps. He did not…