Bluesky plans to launch its own payment platform within 12 months and introduce subscription features early next year to enhance user monetization and self-expression. read more
Australian computer scientist Craig Wright, who has consistently claimed to be Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto, was held in contempt of court on Thursday and handed out a one-year suspended prison sentence for continuing to sue developers. read more
China kept its benchmark lending rates unchanged on Friday, with the one-year loan prime rate held at 3.1% and the five-year LPR at 3.6%. read more
Major U.S. indices closed Thursday with mixed results. The Dow Jones Industrial Average edged up by 0.04% for the day. read more
The cryptocurrency market cracked further Thursday as risk sentiment remained low following the Federal Reserve’s hawkish statements. read more
U.S. stock markets could benefit from fewer interest rate cuts in 2025 despite recent volatility, according to Fundstrat’s head of research Tom Lee, who sees the Federal Reserve’s hawkish stance as potentially beneficial for investors. read more
Meta plans to launch an AI-powered video editing feature in 2025, leveraging its Movie Gen AI to enable creators to transform videos with text prompts, as teased by Instagram boss Adam Mosseri. read more
On Thursday, Dec. 19, 2024 Cathie Wood-led Ark Invest sold shares of Tesla and Palantir, both of which have run up considerably for the month. read more
The House rejected Speaker Mike Johnson’s debt-limit suspension plan, increasing the risk of a government shutdown ahead of Friday’s deadline on Thursday, December 19, 2024. read more
The House Artificial Intelligence Task Force released a report on Tuesday with recommendations on how Congress can boost the development of AI while also protecting against potential risks of the technology. read more