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In a landmark victory for the crypto industry, President Donald Trump signed the GENIUS Act into law, establishing a regulatory framework for a type of digital currency known as stablecoins. The GENIUS Act creates rules for entities that issue stablecoins, whose value is tied to an asset like the US dollar. Those rules govern who’s allowed to issue stablecoins, how they need to maintain...
Think of OpenAI's new ChatGPT Agent as a day-one intern who's incredibly slow at every task but will eventually get the job done. Well… most of the job. Or… at least part of it. Usually. It's been one day since OpenAI debuted ChatGPT Agent, which it bills as a tool that can complete a wide range of complex, multi-step tasks on your behalf using its own "virtual computer." It's a...
Personally, I think electric scooters are a little goofy, but I’m glad they exist. I know a lot of people who don’t want to drop a couple thousand dollars on an electric bike, but still want the joy and freedom of zipping around town at a modest 18mph, while being able to hop on a subway or bus if needed. They want something you can carry with one hand, but that still has the stability to...
RealPage, the algorithmic rent-setting software company, has announced plans to acquire Livble, a service that lets people pay their monthly rent in installments. Livble describes itself as a “flexible” rent payment solution. Renters can split payments into up to four installments throughout the month. The service bills itself as helping tenants “avoid late fees and credit card fees” as...
Alvaro Bedoya, then-commissioner on the Federal Trade Commission (FTC), right, and Rebecca Slaughter, commissioner at the Federal Trade Commission (FTC), left, during a House Judiciary Committee hearing in Washington, DC. Photographer: Al Drago/Bloomberg via Getty Images | Photo: Bloomberg via Getty Images Four months after President Donald Trump defied Supreme Court precedent to remove two...
Netflix used generative AI to create a scene in the sci-fi series The Eternaut — a first for one of the streamer’s original shows or films. During an earnings call on Thursday, Netflix co-CEO Ted Sarandos said the use of AI was faster than using traditional visual effects tools and helped cut costs. “That VFX sequence was completed 10 times faster than it could have been completed with...
Ring has once again started letting police request footage from users. Axon, a law enforcement technology company and maker of Taser, announced in April that it’s partnering with Ring to allow customers to share “relevant video with law enforcement to help solve crimes faster and safeguard neighborhoods,” as spotted earlier by Business Insider. The move reverses Ring’s plan to step away...
When Nintendo first announced the Switch 2's slate of launch titles, people were very quick to cry foul about how few original, exclusive games the company had lined up for its latest console. There were ports from other systems and updated versions of original Switch games. But Mario Kart World was the Switch 2's only major new exclusive title, which, for some, put a further damper on a...
I can't open LinkedIn without seeing a new post from a Microsoft employee who lost their job in the company's latest round of layoffs. Around 15,000 jobs have been eliminated at Microsoft over the past couple months - the biggest cuts at the company in more than a decade. I've spoken to more than a dozen Microsoft employees in recent weeks, and everyone is concerned about the company's...
Would you like Siri more if it had a face? Ever since Elon Musk added a weird anime girlfriend to Grok, I've been wondering if there's a not-so-distant future where all of our AI assistants are much more clearly personified. Grok makes it feel deeply uncomfortable, but I'm not so sure it has to be that way: we're basically just talking about Cortana. This week on The Vergecast, we're...