Tag Archives: Wired

The Madcap Rise of Memecoin Factory Pump.Fun

Pump.Fun raked in hundreds of millions of dollars in its first year in operation. Despite some growing pains, its creators say this is just the beginning.

Posted in Business | Tagged | Comments Off on The Madcap Rise of Memecoin Factory Pump.Fun

The SEC Is Suing Elon Musk. It’s All in the Timing

Less than a week before Donald Trump takes office, the SEC has filed a complaint against his most prominent benefactor.

Posted in Business | Tagged | Comments Off on The SEC Is Suing Elon Musk. It’s All in the Timing

A Spymaster Sheikh Controls a $1.5 Trillion Fortune. He Wants to Use It to Dominate AI

Tahnoun bin Zayed al Nahyan—the UAE’s chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth. America’s AI giants are scrambling for a piece of it.

Posted in Business | Tagged | Comments Off on A Spymaster Sheikh Controls a $1.5 Trillion Fortune. He Wants to Use It to Dominate AI

The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says

Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transactions.

Posted in Business | Tagged | Comments Off on The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says

Judge Ends One Man’s 11-Year Quest to Recover $765 Million in Bitcoin by Digging Up a Landfill

A UK judge ruled against James Howells, who has been trying to get a hard drive with private keys to a cryptocurrency fortune out of a landfill for over a decade.

Posted in Business | Tagged | Comments Off on Judge Ends One Man’s 11-Year Quest to Recover $765 Million in Bitcoin by Digging Up a Landfill

With a TikTok Ban Looming, Users Flee to Chinese App ‘Red Note’

Some say they joined Xiaohongshu, which translates to “little red book,” to spite the US government after a ban on TikTok became more likely.

Posted in Business | Tagged | Comments Off on With a TikTok Ban Looming, Users Flee to Chinese App ‘Red Note’

New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World

The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.

Posted in Business | Tagged | Comments Off on New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World

Mapping Elon Musk’s Global Empire

From tunnels to Tesla factories to SpaceX launch facilities, there’s barely a place on Earth that doesn’t feel the gravitational pull of humanity’s wealthiest reply guy.

Posted in Business | Tagged | Comments Off on Mapping Elon Musk’s Global Empire

Rich Men Rule the World

The holders of the vast majority of the world’s wealth? Men. So many men—from Trump and Musk and Putin to every CEO, crypto schmo, and solar bro in between.

Posted in Business | Tagged | Comments Off on Rich Men Rule the World

AI Financial Advisers Target Young People Living Paycheck to Paycheck

AI finance apps are reaching Gen Z and millennial users with personalized chatbots that offer money advice—and upsell them big time.

Posted in Business | Tagged | Comments Off on AI Financial Advisers Target Young People Living Paycheck to Paycheck