Posts

What investors need to know about the SEC's plan to allow tokenized stock trading

Image
Benoit Tessier/Reuters The SEC is working on a framework to allow for 24/7 trading of tokenized stocks. Stock tokens would track the price of actual shares, offering more liquidity and faster settlement. The idea offers some advantages for traders, but there are risks, market pros say. A plan in the works from the Securities and Exchange Commission could reshape stock trading in the US. Bloomberg reported this week that the SEC is gearing up to let investors trade tokenized stocks , issuing an "innovation exemption" for the cryto-like assets that would create a new 24/7 market that's parallel to the existing stock market. So, what's that mean exactly, and what should investors know? "An example could be a tokenized version of Apple or Nvidia would be a blockchain-based asset designed to track or represent the underlying stock," Shay Boloor, chief market strategist at Futurum Equities, told Business Insider. Crypto enthusiasts have said any real-world asse...

Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use (The Guardian)

Image
The Guardian : Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use   —  Granta publisher says ‘perhaps we never will know’ true authorship of work that won Commonwealth prize from Techmeme https://ift.tt/p46xe0E

Airbnb says it is adding luggage storage, airport pickups, car rentals, grocery delivery, and thousands of boutique and independent hotels to its platform (Jacob Passy/Wall Street Journal)

Image
Jacob Passy / Wall Street Journal : Airbnb says it is adding luggage storage, airport pickups, car rentals, grocery delivery, and thousands of boutique and independent hotels to its platform   —  Platform ramps up hotel-booking options, car rentals and AI-enabled features, expecting World Cup to drive record use from Techmeme https://ift.tt/gWt7f4P

Google overhauls its search box, letting users ask longer queries, upload photos and videos, and use Gemini 3.5 Flash-powered agents to automate searches (New York Times)

Image
New York Times : Google overhauls its search box, letting users ask longer queries, upload photos and videos, and use Gemini 3.5 Flash-powered agents to automate searches   —  Powered by a new Gemini A.I. model, the tech giant is overhauling its search box to answer longer queries, introducing a video-generation … from Techmeme https://ift.tt/2vPe9lY

Google rolls out Gemini 3.5 Flash, its "strongest agentic and coding model yet", for tackling long-horizon agentic tasks, in the Gemini app and Search's AI Mode (The Keyword)

Image
The Keyword : Google rolls out Gemini 3.5 Flash, its “strongest agentic and coding model yet”, for tackling long-horizon agentic tasks, in the Gemini app and Search's AI Mode   —  Gemini 3.5 is built to help you execute complex, agentic workflows.  —  Today, we're introducing Gemini 3.5 … from Techmeme https://ift.tt/N4AD7Vv

Sundar Pichai says Google is now processing 3.2 quadrillion tokens per month, up from 480T tokens per month a year ago and 9.7T tokens per month two years ago (Ina Fried/Axios)

Image
Ina Fried / Axios : Sundar Pichai says Google is now processing 3.2 quadrillion tokens per month, up from 480T tokens per month a year ago and 9.7T tokens per month two years ago   —  Google used its I/O developer conference on Tuesday to showcase how deeply it plans to embed AI across its products … from Techmeme https://ift.tt/i8XzFk9

Elon Musk loses lawsuit against Sam Altman and OpenAI after jury rules he waited too long to sue

Image
Elon Musk and Sam Altman. Getty Images A federal jury found Sam Altman , Greg Brockman, and OpenAI not liable in Elon Musk's lawsuit. They ruled that the Tesla CEO waited too long to bring the case, missing the statute of limitations. Musk accused Altman of illegally turning OpenAI into a for-profit venture with Microsoft's help. A jury on Monday found Sam Altman and OpenAI not liable in a blockbuster lawsuit Elon Musk brought against them. The jurors in an Oakland, California, courtroom cleared the OpenAI CEO, its president, Greg Brockman , and OpenAI itself of Musk's allegations that they scammed him of early charitable contributions by operating OpenAI as a for-profit venture. They ruled that the Tesla CEO knew about the details he described in his lawsuit as far back as 2021, but waited too long and missed the legal deadlines to bring his claims. The jurors also found Microsoft not liable for "aiding and abetting" Altman and Brockman to violate charity laws...