Jul 04, 2026Twila Rosenbaum
Bank of Korea Governor Hyun Song Shin presented a vision for tokenized government bonds at the ECB Forum, highlighting efficiency gains in debt management. He detailed a unified ledger plan under Project Hangang, combining tokenized bonds, wholesale CBDC, and commercial bank deposits. A BIS report further supports tokenization's potential to enhance market liquidity and innovation.
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Jul 03, 2026Twila Rosenbaum
Some early investors in OpenAI are expressing concerns over the startup's $852 billion valuation, citing a series of strategic shifts that they perceive as unfocused. The company's pivot to target higher-margin enterprise sales, where it trails competitor Anthropic, has drawn particular criticism. Meanwhile, recent moves including shuttering video generation tool Sora and halting data center projects have fueled doubts about leadership direction.
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Jul 03, 2026Twila Rosenbaum
Amazon attracted a staggering $126 billion in peak demand for its latest bond sale, reflecting strong investor appetite for tech debt despite economic uncertainties. The company plans to raise billions to fund $200 billion in capital expenditures this year, primarily for AI data centers, custom chips, robotics, and low Earth orbit satellites. This move parallels similar strategies by Oracle, Meta, and Google parent Alphabet, as the industry intensifies competition in artificial intelligence.
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Jul 03, 2026Twila Rosenbaum
Nvidia CEO Jensen Huang said the company will probably not invest $100bn in OpenAI, citing the AI start-up's expected IPO. He also noted a similar investment in Anthropic may be the last before its IPO. The comments come amid shifting economics in the AI boom, with massive data centers drawing backlash over resource consumption.
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Jul 03, 2026Twila Rosenbaum
Nvidia has abandoned its earlier $100 billion acquisition plan for OpenAI in favor of a $30 billion contribution to the startup's current funding round, which values OpenAI at $730 billion. The move, reported by the Financial Times, comes amid growing investor skepticism over the initial deal's structure and a broader cooling in AI hype. The funding round involves major players like SoftBank and Amazon, with much of the capital expected to be reinvested in Nvidia hardware.
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Jul 03, 2026Twila Rosenbaum
NetMedia International has announced an update to its Privacy and Cookie Policy, reinforcing its commitment to data protection under GDPR. The new policy outlines how personal data is collected, used, and shared, and provides users with clear rights and control over their information. Users are encouraged to review the changes to understand their privacy rights.
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Jul 03, 2026Twila Rosenbaum
Supermodel and environmental activist Gisele Bündchen has signed a historic partnership with Garnier as its first international ambassador. The 45-year-old will front global haircare campaigns for Fructis Hair Food, Ultra Doux, and the new Diamond Liss spray. Garnier's president calls her the "perfect match" for the brand's High-Tech Nature™ strategy blending science and natural ingredients. This collaboration marks a milestone for the 120-year-old beauty company, reinforcing its commitment to accessible, responsible beauty.
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Jul 03, 2026Twila Rosenbaum
Le prince William était accompagné des acteurs Emma Watson et Benedict Cumberbatch lors du forum United for Wildlife à Londres le 22 juin. L'événement, organisé dans le cadre de la Semaine de l'action pour le climat, visait à renforcer la lutte contre le trafic illégal d'espèces sauvages.
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Jul 03, 2026Twila Rosenbaum
Jack Ma, the charismatic founder of Alibaba, once the richest man in Asia, saw his empire shaken after a bold speech in October 2020. His criticism of China's financial regulators led to the blocking of Ant Group's record IPO, massive fines, and his disappearance from public life. Now focused on agriculture, Ma's story serves as a cautionary tale about the limits of power in modern China.
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