18:55 2025-06-09
Apple will open the underlying artificial intelligence technology to developersApple said on Monday that it would open up the underlying technology it uses for its smartphones. Craig Federighi, Apple's head of software, said the company was opening up its underlying artificial intelligence models for some of its own functions to third-party developers. "This work will take more time to meet our high Quality Standards," Mr. Federighi said of delays in some features, such as the improved Siri. Mr. Federighi also said Apple planned a design overhaul of all of its operating sy...
18:07 2025-06-09
SEC Chairperson: Values such as economic freedom and private property rights are at the heart of DeFiAccording to the DeFi Education Fund, the SEC Crypto Working Group held a roundtable on "DeFi and the American Spirit" today. At the beginning of the roundtable, SEC Chairperson Atkins talked about how decentralized finance (DeFi) fits with American values: "The American values of economic freedom, private property rights, and innovation are the hallmarks of the decentralized finance (DeFi) movement...
16:33 2025-06-09
Trump: Sending in the National Guard was a wise decision, and the governor and mayor should say thank you to meUS President Trump: "We made a great decision to send the National Guard to deal with the violent unrest that was happening in California. If we didn't, Los Angeles would be utterly destroyed. The extremely incompetent" Governor "Gavin Newsom and" Mayor "Karen Bass should have said (to me)," Thank you, President Trump, you are amazing. "Instead, however, they chose to deceive the people of California and the American people by saying that he...
16:02 2025-06-09
Deutsche Bank: Long-term high interest rates could hit U.S. corporate borrowersHigher borrowing costs will hit US companies as the impact of the Fed's delayed rate cuts widens further in the future, Deutsche Bank strategists wrote. Deutsche Bank wrote: Currently, expectations of a soft landing have led to most defaults in the form of non-performing asset exchanges and higher collection rates. But against a backdrop of above-target inflation, high policy uncertainty and rising sovereign term premiums, the likelihood of a soft landing is declining. "Deutsche Bank believes th...