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Coinbase Funded New York City Program Is Distributing $12K To 160 Households
A pilot program in New York City, funded by Coinbase and administered by the nonprofit GiveDirectly, is distributing $12,000 in USDC, s USD-pegged stablecoin,...
Yale Researchers Find No Evidence AI Is Disrupting Jobs Despite Mounting Fears
For nearly three years, the launch of ChatGPT and the rise of generative artificial intelligence have fueled widespread warnings that the technology would hollow...
Shein’s First Permanent Stores in France Spark Retail Backlash, Highlighting Europe’s Uneven Fast-Fashion Battle
Chinese online fast-fashion giant Shein will open its first permanent stores in France this November under an agreement with department store operator Société des...
Tesla’s Quarterly Sales Rise on Expiring U.S. Tax Credit, but Global Struggles Remain
Tesla’s quarterly sales increased for the first time this year, buoyed by a last-minute rush from U.S. consumers eager to claim a $7,500 federal...
AWS Signs Multi-Year AI Partnership with NBA, Pushing Sports-Tech Rivalry with Microsoft
Amazon’s cloud arm, Amazon Web Services (AWS), has signed a multi-year partnership with the National Basketball Association (NBA) to roll out artificial intelligence-powered features...