“Agentic AI systems are being weaponized.” That’s one of the first lines of Anthropic’s new Threat Intelligence report, out today, which details the wide range of cases in which Claude — and likely many other leading AI agents and chatbots — are being abused. First up: “Vibe-hacking.” One sophisticated cybercrime ring that Anthropic says it…
The tokenization of money market funds marks a significant step in preserving the appeal of “cash as an asset,” especially as the growing adoption of stablecoins threatens to erode the attractiveness of traditional fund offerings, according to JPMorgan strategist Teresa Ho. Commenting on recent initiatives by Goldman Sachs and Bank of New York Mellon to…
When Instagram was acquired for $1 billion in 2012, co-founder Kevin Systrom believed that joining Facebook would help Instagram’s “skyrocketing growth” reach even greater heights. In some ways, it did. Instagram now has billions of users and has since “generated many multiples of that price and then some,” Systrom said on Tuesday from a Washington,…
Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins…
Apple has announced plans to invest more than $500 billion in the US over the next four years, including hiring 20,000 new employees and launching a new server factory in Texas. The announcement was teased after a meeting last week between CEO Tim Cook and President Donald Trump, and comes as the company tries to…
What was once ridiculous is now possible. Elon Musk, the richest person in the history of the world, has become President Donald Trump’s attack dog. Musk and his Department of Government Efficiency (DOGE) have unprecedented access to the government’s data and computer system. Earlier this week, that came to include systems in the Department of…