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Amid Rising AI Costs and IPOs, OpenAI Slashes Prices for Customers
- OpenAI slashed prices on GPT-5.6 Terra and Luna models by up to 80%.
- Cost-wary businesses are pushing AI labs to justify ballooning subscription bills.
- Analysts warn discounts could squeeze margins ahead of OpenAI's and Anthropic's IPOs.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
Amazon AI Bet Pays Off as Q2 Earnings Crush Expectations: How Will Stock React?
- Amazon beat on sales, AWS, operating income and earnings per share.
- AWS grew 37% to $42.2 billion, its fastest pace in 18 quarters.
- Free cash flow turned negative as AI capex hit $169 billion.
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FTX Fifth Distribution Is Its Smallest Yet: Who Still Cannot Get Paid?
- FTX pays roughly $900 million on July 31, its smallest distribution round yet.
- Creditors who missed the June 16 record date have six months before forfeiting.
- Disputed claims and restricted jurisdictions leave some creditors still waiting on payment.
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Telegram Founder Pavel Durov Finally Breaks Silence on Russia Charges
- Pavel Durov says Russia labeled him a terrorist for refusing mass surveillance.
- Rosfinmonitoring listed him a day after the FSB opened a criminal case.
- Russian banks must freeze his assets, though Telegram faces no direct restriction.
Shiba Inu Price Prediction for August 2026 as SHIB Turns 6 Years Old
- SHIB's 28% rally failed at $0.00000548 as the weekly candle drops 13%.
- Weekly RSI broke a two-year downtrend and printed a second higher high.
- Delayed Shibarium privacy upgrade makes August a live window for catalyst news.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Goldman, Barclays, Jefferies Cut Robinhood Targets Despite Earnings Beat
- Goldman, Jefferies, and Barclays cut Robinhood price targets on Thursday.
- Goldman and Jefferies both raised targets to $137 earlier in July.
- Robinhood beat on Q2 revenue and profit, but crypto revenue fell 38%.
