Rubio to host conference on ’far-left terrorism’ on Thursday

Voice AI model builder Gradium has announced that an extension of its seed financing brought its funding to $100 million. As part of that extension, the company added new investors, including Nvidia, Gradium said in a Wednesday (July 8) blog post. The new funding will accelerate Gradium’s AI research, product development, international expansion and its…

Key insight: Standard Chartered and BNY now let institutional clients mint and redeem Circle’s USDC through the bank instead of a direct Circle account. What’s at stake: Handling stablecoins directly gives banks a new custody-and-fee business, but it also risks client cash shifting out of deposits into stablecoins and tokenized funds. Forward look: Standard Chartered…

An unconfirmed order to halt all vessel traffic through the Strait of Hormuz, even if not yet officially confirmed, is the kind of headline that oil markets cannot afford to treat cautiously, since a full stoppage rather than harassment of individual ships would represent a much more severe supply shock. The nature of the targets…

If you own a foreign bank account, earn income overseas or hold investments outside India, your Annual Information Statement (AIS) will soon become far more comprehensive.   The Central Board of Direct Taxes (CBDT) has expanded the scope of the AIS to include information on foreign income and overseas assets received by the…

Iranian news agencies report that there are strikes in Iran for a third day. Iran yesterday retaliated against US bases in the region and is threatening to take that further. The risk is that they start attacking energy or civilian infrastructure in the countries hosting US bases. On this headline, oil prices have rebounded but…

Amidst financial and legal turmoil, the company now needs a buyer—and new leadership.