This is Sources by Alex Heath, a newsletter about AI and the tech industry, syndicated just for The Verge subscribers once a week. Building humanoid robots is Meta’s next “AR size bet,” a top executive told me recently. That suggests the company plans to spend billions of dollars on the effort. During a recent conversation…
Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with 25 years at Capital Group, led the firm’s move into Bitcoin. Casey, who describes his investment style as shaped by Benjamin Graham…
Nasdaq-listed 180 Life Sciences Corp plans to invest heavily in Ether and rebrand as ETHZilla Corporation, a strategic pivot away from its biotechnology origins amid mounting losses. On Tuesday, the company announced a $425 million private placement aimed at building an Ether (ETH) treasury reserve. The funds are being raised through a private investment in…
BItcoin (BTC) retains a $138,000 price target for 2025 as the market recovers from US trade tariffs, new analysis concludes. Data covering bets on prediction service Polymarket suggests that BTC/USD could still gain around 60% from current levels this year. “Conservative” Polymarket users cap BTC price upside at 60% Bitcoin bull market projections have taken…
Today, I’m talking with Matt Garman, the CEO of Amazon Web Services, or AWS. Matt took over as CEO last June — you might recall that we had his predecessor, Adam Selipsky, on the show just over a year ago. That makes this episode terrific Decoder bait, since I love hearing how new CEOs decide…