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OpenAI Reverses Course As Sam Altman Says Nonprofit Will Remain In Control Amid Elon Musk's Lawsuit And Investor Pushback - Microsoft ( NASDAQ:MSFT ) , SoftBank Group ( OTC:SFTBF )

On Monday, ChatGPT-parent OpenAI said that it will retain its nonprofit parent's control over its for-profit operations, scaling back a plan to transition fully to a public benefit corporation amid mounting legal pressure and investor concerns.

Source: www.benzinga.com
May 06, 2025 | 04:05:03
Category: Markets

BNB Tops Bitcoin, Ethereum After VanEck Files For First US ETF Tracking The Token

BNB Coin BNB/USD edged higher Monday after asset management giant VanEck filed an exchange-traded fund application with the SEC. What happened: BNB spiked over 2% in the last 24 hours, becoming the most successful cryptocurrency among the top ten by market capitalization.

Source: www.benzinga.com
May 06, 2025 | 04:09:12
Category: Markets

Bill Ackman Says Inflation Has 'Largely Been Wrung Out,' Pushes For Temporary Pause On China Tariffs To Shield US Businesses - Costco Wholesale ( NASDAQ:COST ) , Walmart ( NYSE:WMT )

Billionaire investor Bill Ackman believes inflation has largely been "wrung out of the economy" and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses.

Source: www.benzinga.com
May 06, 2025 | 04:14:27
Category: Markets

Florida takes strategic Bitcoin reserve bills off the table

Two Florida crypto bills have been removed from the legislative process in the latest blow to American state-level strategic Bitcoin reserve ambitions. Florida's House Bill 487 and Senate Bill 550 have been "indefinitely postponed and withdrawn from consideration" on May 3, according to the ...

Source: cointelegraph.com
May 06, 2025 | 04:24:02
Category: News

Bitcoin, Ethereum Flat, Dogecoin Dips Even As Trump Calls Crypto 'Popular:' Analyst Says BTC Build-up Good, Predicts ETH Uptrend After Fed Meet - Grayscale Bitcoin Mini Trust ( BTC ) Common units of fractional undivided beneficial interest ( ARCA:BTC )

Leading cryptocurrencies traded flat on Monday as uncertainty about tariffs calmed investors' risk appetite. What Happened: Bitcoin wobbled between the mid-$93,000s and the early $95,000s, with the apex cryptocurrency hitting an intraday high of $95,193.19.

Source: www.benzinga.com
May 06, 2025 | 02:16:27
Category: Trading

Hong Kong stocks up on optimism about foreign investors buying local assets

Hong Kong stocks rise on optimism about foreign investment. HKMA intervenes to maintain currency peg.

Source: www.scmp.com
May 06, 2025 | 02:24:58
Category: Business

Palantir Investors Just Got Spectacular News From CEO Alex Karp

Investors continue to underestimate the artificial intelligence (AI) specialist.

Source: www.fool.com
May 06, 2025 | 02:25:42
Category: News

Kenyan Court Orders Sam Altman's Crypto Project to Delete Biometric User Data

The Sam Altman startup faces rising global scrutiny as Kenya joins Indonesia in clamping down on the company this month.

Source: decrypt.co
May 06, 2025 | 02:34:35
Category: News

New crypto bill draft seen to curb big crypto firm influence

The new "Digital Asset Market Structure Discussion Draft" introduced by House Republicans on May 5 could work to reduce the dominance of large crypto firms and promote more participation in the broader market, according to an executive from Paradigm.

Source: cointelegraph.com
May 06, 2025 | 02:38:34
Category: News

DMG Blockchain Solutions Announces Preliminary April Operational Results

VANCOUVER, British Columbia, May 05, 2025 ( GLOBE NEWSWIRE ) -- DMG Blockchain Solutions Inc. ( TSX-V: DMGI ) ( OTCQB: DMGGF ) ( FRANKFURT: 6AX ) ( "DMG" or the "Company" ) , a vertically integrated blockchain and data center technology company, today announces its preliminary operational ...

Source: www.globenewswire.com
May 06, 2025 | 02:46:00
Category: News

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