Securitize, a company specializing in tokenization, has launched a new fund on the Ethereum network. This fund, called the Securitize Tokenized AAA CLO Fund (STAC), focuses on collateralized loan obligations (CLOs). These are bundles of corporate loans divided into different risk levels. The safest
Elon Musk, the CEO of Tesla, is up for a massive pay package that could be worth a trillion dollars. This is not a typo. A trillion. That's a lot of zeros. Tesla's board is really pushing for shareholders to approve this deal. They even warned that Musk might leave if they don't. But not everyone is
Winter sports are feeling the heat as the planet warms up. Athletes are finding it harder to train as snow becomes scarce and conditions become less predictable. This is not just a problem for the upcoming Winter Olympics but for the future of these sports. Athletes are having to adapt. Some are tr
Crypto companies often team up with traditional finance firms, but these partnerships rarely live up to the hype. Solana recently announced a big deal with Western Union for its USDPT stablecoin, but experts aren't convinced it will make a real difference. For years, crypto firms like Ripple and St
A group called Innovate NY, which loves digital money, has put its weight behind Andrew Cuomo for New York City's mayor. They think he's the best pick because he talks about blockchain and AI. This group has some money, about $100, 000, and they're using it to support Cuomo. They even spent $30, 000
Mastercard is making waves in the crypto world. They are close to buying Zerohash, a startup that helps with stablecoins and blockchain tech. Zerohash, based in Chicago, was founded in 2017. They help companies with crypto payments and trading. This deal is huge, around $2 billion. It shows how big
Meta's push into the metaverse is costing a fortune, but is it worth it? The company's Reality Labs division lost a staggering $4. 4 billion in the third quarter alone. That's a lot of money, but it's not all bad news. The division also brought in $470 million in sales, which is more than expected.
Alphabet, the tech giant behind Google, just shared its latest financial results. The company made $102. 35 billion in the last quarter. That's more than what experts thought it would make. This is big news, especially because the company is investing a lot in AI and cloud services. The cloud servi
Samsung's chip-making division just had a massive profit jump. They made 80% more than expected. This huge increase shows that the global AI craze is giving their business a big lift. The company plans to focus on making a new type of memory chip next year. It's called HBM4, and it's made to work w
Minnesota's Governor Walz has decided to bring in outside help to check up on Medicaid programs. This move comes after some people were caught trying to cheat the system. The state wants to make sure that the money meant for those who need it most is being used correctly. The state has picked a com
