California union may withdraw billionaire tax initiative for smaller wealth tax

The resurgence of CPUs in AI inference tasks could reshape the semiconductor landscape, challenging Nvidia's dominance and impacting market dynamics. The post Chipmakers renew performance tussle as CPUs challenge Nvidia’s dominance appeared first on Crypto Briefing.

California first lady’s Miss Representation: Rise Up studies the backlash against women in the era of algorithms and deepfakes Life moves pretty fast. It is Monday lunchtime when Jennifer Siebel Newsom drops into the Guardian’s office in Washington, just a couple of blocks from the White House, for an interview to promote her new film. Less than two hours later her husband, the California governor, Gavin Newsom, announces that the couple are under investigation by the justice department. One strand of the investigation specifically targets Siebel Newsom’s taxes and the California Partners Project, a gender equity non-profit she co-founded that received $4.3m in donations solicited by her husband. Gavin Newsom denounced the move as a “personal vendetta” directed by Donald Trump because the governor is considering running for US president. Continue reading...

After California, where next? Paris of course, for Legal Innovators Europe, on June 24 and 25 in the City of Light, and also the city ...

State-level regulation of prediction markets could reshape the industry, challenging platforms to navigate diverse legal frameworks and consumer protections. The post California, Minnesota AGs question CFTC’s ability to regulate prediction markets appeared first on Crypto Briefing.

Standard Nuclear's IPO pursuit highlights the growing demand for advanced nuclear solutions, but patent disputes could impact market dynamics. The post Standard Nuclear files for US IPO amid rising power needs appeared first on Crypto Briefing.

Higher long-term yields may shift investor preference from riskier assets like crypto to bonds, impacting market dynamics and capital allocation. The post Federal Reserve projects long-end yields at decade highs by 2026 appeared first on Crypto Briefing.

A Southern California man will spend seven years in jail after orchestrating a multi-million dollar financial fraud scheme that targeted the elderly.  Sylas Verdzekov was sentenced on Friday after pleading guilty last year to one federal count of conspiracy to commit money laundering, reports NBC Los Angeles. Prosecutors say that from November 2021 to February […] The post California Scammer Masterminds $10,000,000 Financial Fraud Scheme, Targets Elderly While Posing As Law Enforcement: Report appeared first on The Daily Hodl.

California's AI disclosure highlights the need for transparency and accountability in AI governance, impacting public trust and policy development. The post California reveals use of six high-risk AI systems, up from zero last year appeared first on Crypto Briefing.