ETH Exits Layer 2s as Native Token Prices Slip
The total amount of ETH held across Layer 2 networks is dropping fast as falling L2 token prices struggle to hold investors’ interest....
Amazon CEO says it will cut jobs due to AI’s ‘efficiency’
Amazon CEO Andy Jassy says advancements in AI will “reduce” the company’s corporate headcount over the next few years. In a memo to employees on Tuesday, Jassy writes that Amazon expects the...
Fossil fuels are an insurance disaster
Heatwaves, mold, and plastic pollution pose new risks to businesses and insurance companies, a new report by reinsur...
JPMorgan Reveals New Details of its JPMD Stablecoin
JPMorgan is going public with details about its new JPMD stablecoin, which will launch on the Base blockchain. The firm will begin a pilot program sometime in the next few days.
Technically, JPMD ...
Techdirt Podcast Episode 422: The Political Power Of Mockery
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In a world awash with misinformation and disinformation, those who spread and benefit from the chaos have worked hard to brand fact-checking and counterspeech as a form of ce...
Coralogix Debuts AI Agent After Raising $115 Million
Israeli data analytics platform Coralogix has reportedly reached unicorn status.
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The company nearly doubled its valuation to more than $1 billion in its latest funding rou...
Gemini 2.5: Updates to our family of thinking models
Google is releasing updates to its Gemini 2.5 model family, including the generally available and stable Gemini 2.5 Pro and Flash, and the new Gemini 2.5 Flash-Lite "thinking models" in preview, offer...