Big Tech crash, oil volatility rattles markets: Will Bitcoin hold above $60K?
With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.
The Guardian AI·
In her work as an online safety campaigner, the baroness and Bridget Jones director has seen things she can never unsee – and she’s furious at the tech overlords doing nothing to stop the abuse Through the open windows behind Beeban Kidron drifts the unmistakable sound of children playing. Her north London office is sandwiched between a school and a nursery, and the occasional playground shriek functions as an aural reminder of what we’re here to discuss: the safety and happiness of young people, growing up in an age of screens. Though our conversation takes some dark turns, only once does the film director turned crossbench peer and online safety campaigner for children lose her composure. “I have seen a lot of things I’d rather not see,” she says, slowly. “But the worst thing was not the most extreme. It was watching a child’s face as she realised that the person who she thought was her friend wasn’t her friend; that the sex acts she’d been doing weren’t for her friend; and that the
Read full articleWith $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.
According to a survey of 1,204 children by Common Sense Media, about half reported using AI weekly, and 42 percent of those who said they use AI frequently also said it would be tough to stop using it.
Amazon has signed a $17.5 billion delayed draw term loan with a syndicate of lenders including Citigroup, JPMorgan Chase, Wells Fargo, HSBC, and BofA Securities, giving the company flexibility to draw down funds on its own timeline for what it described as general corporate purposes. The deal follows a reported $14 billion Canadian bond sale […]
Canada's social media age ban could reshape tech investments, boost safety tech demand, and spark privacy debates over age verification methods. The post Canada introduces teen social media ban with Big Tech off-ramp appeared first on Crypto Briefing.
The surge in Big Tech debt for AI infrastructure underscores a high-stakes race, where falling behind could threaten market dominance. The post Amazon raises $17.5B loan facility for AI as Big Tech debt levels climb appeared first on Crypto Briefing.
A belated change of policy on nude digital images of children must be part of a wider reset Amid the flurry of resignations by ministers who said they had lost confidence in Sir Keir Starmer’s leadership, Jess Phillips’s attack on his record on tech regulation stood out. “Over a year ago I presented solutions, long worked on by brilliant civil servants, that would end the ability for children in the UK to take naked images of themselves,” she wrote. The postponement of an announcement in March left her frustrated. In the end, all that Ms Phillips managed to secure was a pledge that the law might change sometime. Other campaigners echoed her frustration. Hannah Swirsky, head of policy at the Internet Watch Foundation, agreed that the government had been slow to act, despite the rise in offences involving self‑generated explicit imagery. Continue reading...
The market's reaction underscores heightened volatility and uncertainty, challenging investor confidence in tech and crypto sectors amid rate hike fears. The post US stocks slump as fears over Big Tech shake Wall Street appeared first on Crypto Briefing.
Meta's potential stock sale for AI expansion highlights the intensifying capital race in tech, risking shareholder dilution amid uncertain returns. The post Meta considers massive stock offering to fund AI expansion as Big Tech races for capital appeared first on Crypto Briefing.