Who is John Ternus, the new Apple CEO?

Starting on September 1, Ternus will lead one of the world's most valuable companies, but if you're not a dedicated Apple enthusiast, you've probably never heard of this man, who has largely remained out of the spotlight until now.

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Ethena Debuts Crypto-Centric Neobank Ethena Pay

Cryptocurrency company Ethena has launched what it calls an “internet money neobank” called Ethena Pay.…

• The new offering, which went live Tuesday (Sept.
• 1), includes card spending, dollar saving, international transfers and…
• “The roll-out will be phased with an initial early access list of 400 …

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Solana Treasury DeFi Development Corp Eyes $20 Million Raise to Buy More SOL

The publicly traded company recently bought 19,000 SOL, bringing its treasury to more than 2.33 million SOL and SOL equivalents.

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Bitcoin's Next Move: Bullish Bets Run Up Against a Historical Wall

Bitcoin just had one its best months in years amid a price rally that broke the crypto winter pattern. But the charts tell a complicated story.

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Crypto treasury companies hit $340 billion market cap as altcoin DATs outperform

Crypto treasury companies hit $340 billion market cap as altcoin DATs outperform

• Crypto treasury companies hit $340 billion market cap as altcoin DATs outperform

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Google’s answer to Canva is an AI tool where you prompt instead of design

With Google Pics, Google is pushing deeper into the creative software market dominated by Canva and Adobe, but with a distinctly AI-first approach.

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The Hardest Job in Logistics Is Going to Robots

Warehouse automation has always been easiest where a company can build the environment around the machines: standardized bins, fixed conveyor paths, predictable inputs.…

• The harder problem sits at the edges of a logistics network, where a p…
• Amazon, FedEx and DHL are now aiming their heaviest automation investm…
• Amazon’s fulfillment centers are already thick with robots.

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Binance Expands TradFi Portfolio With Stock Options

Binance has begun offering customers of its cryptocurrency platform access to stock options.…

• “Stock Options are now live, offering physically-settled options contr…
• -listed stocks and ETFs, giving users the right to buy or sell underly…
• Binance characterizes its options offering as part of a growing suite …

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FIS and Ericsson Team to Improve Wallet-Led Financial Services

FIS has launched a collaboration with tech company Ericsson centered around “wallet-led” financial services.…

• The partnership will see FIS payments and issuing capabilities integra…
• “Organizations want to bring wallet-led financial services to market f…
• “By working with Ericsson, FIS wants to remove that friction with trus…

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SEC seeks to update its 1970s-era transfer agent rules for the blockchain age

SEC seeks to update its 1970s-era transfer agent rules for the blockchain age

• SEC seeks to update its 1970s-era transfer agent rules for the blockchain age

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OpenAI Blames Apple for iPhone Maker’s Trade Secret Lawsuit

In July, Apple sued OpenAI, accusing its one-time partner of stealing trade secrets.…

• The legal battle continued this week, with Apple now alleging that an …
• In a motion for expedited discovery filed in federal court Monday (Aug.
• 31) and obtained by PYMNTS, Apple discussed its initial forensic analy…

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ChatGPT Health adds Epic integration for clinicians to import patient data

OpenAI said that the integration provides read-only access to health records for clinicians.

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Waymo goes on offense ahead of Tesla’s Cybercab launch

Waymo argued that fully autonomous vehicles aren't possible without using a mix of sensors and warned that pure end-to-end AI systems aren't safe enough.

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ChatGPT Facing Dual Regulatory Regimes Under New EU Designation

The European Union is bringing OpenAI’s ChatGPT under its strictest online platform rules, signaling that Brussels increasingly views widely used artificial intelligence services not only as AI models but also as mass-market information platforms capable of creating systemic risks.…

• The European Commission on Monday (Aug.
• 31) designated ChatGPT as a Very Large Online Search Engine, or VLOSE,…
• Reddit and Roblox were separately designated as Very Large Online Plat…

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YouTube’s Amazon Deal Pushes Social Commerce Closer to Checkout

YouTube is integrating Amazon into its creator-driven shopping, potentially accelerating the integration of eCommerce into the videos, feeds and communities where consumers already spend their time digitally.…

• The video sharing site announced Thursday (Aug.
• 27) that Amazon has joined YouTube’s Shopping Affiliate Program in the…
• , allowing eligible creators to tag Amazon products in Shorts, long-fo…

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Sequoia-incubated Empirik launches with $21M to predict outages before they happen

The startup wants to do for IT infrastructure what Cursor did for software engineering.

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Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block

The investment firm bought 456,059 Block shares across three ETFs and added $3.4 million in Circle stock.

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X Data Breach? Users Are Getting Flooded With Password Reset Emails Nobody Requested

X engineers have acknowledged the issue, but have not confirmed a new data breach of its systems.

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Embedded Payments Emerge as a FinTech M&A Target

FinTech buyers looking for growth in a tough funding and software market are finding something valuable inside real estate closings, municipal bills, healthcare practices and commercial banking.…

• The payment is already attached to the work.
• A series of summer transactions is putting money behind that model.
• Fifth Third said Aug.

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AIR raises $50M to help companies vet the skills and add-ons AI agents use

AIR's platform can discover agents running at a company, continuously vets any skills and add-ons they use, and blocks any unwanted behaviour.

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Amazon Alexa can now alert you when something new might tempt you to shop

Amazon is adding a new Alexa-powered feature called “Update Me When” that can send personalized alerts about product launches, tours, books, shows, and other events that could trigger a purchase.

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GoPro to be acquired for $285M, will remain a public company

GoPro is merging with a company that builds AI infrastructure, and will continue supporting existing consumer products.

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Cango shares plunge 20% after bitcoin miner reports $81.6 million Q2 loss

Cango shares plunge 20% after bitcoin miner reports $81.6 million Q2 loss

• Cango shares plunge 20% after bitcoin miner reports $81.6 million Q2 loss

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Congress Weighs Public Stake in AI’s Potential Wealth Boom

Congress may need to decide whether the public should receive a direct financial stake in the wealth generated by artificial intelligence, according to a Friday (Aug.…

• 28) report from the Congressional Research Service.
• The report outlined possible equity-sharing structures while warning o…
• It examined proposals under which the federal government could acquire…

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