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Australia Sues Telegram Over Alleged Failure to Remove Terror Content
- Australia's eSafety sued Telegram over alleged failure to remove pro-terror content.
- Breaching Australia's online safety codes carries civil penalties reaching A$54.6 million.
- The platform rejected the allegations and said it will contest them in court.
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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.
CXMT Stock Jumps Another 9%: What the Chipmaker Means for the AI Race
- CXMT shares jumped 8.95% Friday, its fifth session since a record Shanghai debut.
- The chipmaker is now worth roughly 3.54 trillion yuan, or about $523 billion.
- CXMT could ease a global memory chip shortage tied to the AI data center boom.
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US and China Led $20 Billion World Cup Prediction Market Boom, Chainalysis Says
- World Cup prediction markets generated $20 billion in volume, led by US and China bettors.
- Tournament bets captured 63% of all prediction market activity, per Chainalysis.
- Around 3,700 wallets, under 1% of all bettors, showed illicit transaction histories.
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See MoreKOSPI Snaps Back 15% as Asia’s AI Chip Rally Returns
- KOSPI surged 15% to over 6,440, triggering a buy-side sidecar after notable crashes.
- SK Hynix jumped 27.69% and Samsung 21.74% amid Big Tech earnings.
- Japan's stocks rallied too, with Advantest up 17.92% and SoftBank gaining 15.12%.
Starbucks Stock to $120? Cramer Says Turnaround Is Accelerating
- Jim Cramer raises Starbucks price target to $120 after Q3 earnings beat.
- Shares rose 3% Thursday to $107, up 26% year to date.
- Niccol's turnaround delivered a fourth straight quarter of sales growth.
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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.
MicroStrategy Earnings Flip From $10 Billion Profit to $8.2 Billion Loss in 1 Year
- MicroStrategy earnings swung to an $8.22 billion net loss last quarter.
- A year earlier the same accounting delivered $10.02 billion of net income.
- Strategy's 4.5% bitcoin yield trails the 10.8% hurdle it just disclosed.






