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By Sinéad Carew and Saqib Iqbal Ahmed March 3 (Reuters) – U.S. software companies have stepped up their stock buyback plans during a months-long rout. Investors and strategists are skeptical that it will stem the selling. Investors have been dumping software stocks since the fall, with the S&P 500 software index down 28% since late October, on worries that developments in artificial intelligence (AI) will dramatically disrupt the competitive landscape for the richly valued sector. The selloff accelerated in January following product announcements from AI company Anthropic that raised concerns that the rapid changes in AI make it difficult to…
Japan’s economic security minister Sanae Takaichi said she has “absolutely no knowledge” of a Solana-based meme token bearing her name, after the cryptocurrency briefly surged to a market capitalization of around $30 million million.“I have heard that a cryptocurrency called SANAE TOKEN has been issued and is being traded to some extent,” Takaichi wrote on X. “Due to the name, it seems there are various misunderstandings, but regarding this token, I have absolutely no knowledge of it, nor has my office been informed about what this token entails. We have not given any approval whatsoever in this matter.”Her statement came…
The OpenAI CEO admits he came off as “opportunistic” in how he announced the company’s new government deal and says he will amend the language to emphasize restrictions
AlphaTON Capital Corp. (Nasdaq: ATON), the leading public technology company scaling the Telegram super-app and decentralized AI infrastructure, today announced the appointment of Aleksej Paschenko and Andrei Pfau as Senior Engineers. As AlphaTON accelerates its mission to provide privacy-preserving infrastructure for Telegram’s 1 billion monthly active users, these dual hires signal a major leap in technical capability. Both engineers bring unparalleled expertise in The Open Network (TON) ecosystem, positioning AlphaTON at the intersection of Web3 and high-performance AI compute. Aleksej Paschenko: Architect of Scalable Infrastructure Paschenko joins AlphaTON with over 15 years of engineering experience. Formerly the Co-Founder of zymFi…
Find out how much you could earn with today’s money market account rates. The Federal Reserve cut its target rate three times in 2025. So deposit rates — including money market account (MMA) rates — have been steadily declining. It’s more important than ever to compare MMA rates and ensure you earn as much as possible on your balance. The national average money market account rate stands at 0.56%, according to the FDIC. Even so, some of the top accounts are currently offering rates of 4% APY and up. Since these rates may not be around much longer, consider opening…
OpenAI faces some user criticism over its new deal with the Department of Defense.
The U.S.-listed spot bitcoin and ether exchange-traded funds (ETFs) have seen record outflows over the past four months, confirming that a full-blown crypto market is underway.Investors have pulled $6.39 billion from bitcoin ETFs over four straight months of outflows, the longest monthly losing streak since the funds launched in January 2024, according to data source SoSoValue data.Ether ETFs have also fallen out of favor, bleeding $2.76 billion over the past 4 months.These huge outflows indicate that institutional appetite for digital assets has collapsed, which explains the price losses in the two tokens. Bitcoin, the leading cryptocurrency by market value, peaked…
Miracle Pay today announced the start of its global rollout, enabling merchants to accept cryptocurrency payments at the point of sale through existing payment workflows and infrastructure. “We’re proud to announce that Miracle Pay’s global rollout has begun,” announced Miracle Pay on their official website. “Our focus is simple: make crypto payments usable in everyday commerce, with a product that is practical for merchants, clear for customers, and designed to scale globally.” Miracle Pay is built as a merchant-grade hybrid payments capability, designed to integrate into real-world business operations without requiring merchants to become crypto experts. The rollout is focused on…
President Trump said Saturday that Iran’s Supreme Leader Ayatollah Ali Khamenei was killed by U.S.-Israel strikes
WASHINGTON — The Federal Motor Carrier Safety Administration has warned Congress that a massive “insurance gap” is leaving the American trucking industry more vulnerable than ever. In its 2026 quadrennial report to lawmakers, the agency laid out a precarious new reality for the industry: while estimates on the number of active, for-hire interstate property carriers has consolidated to 456,227 since the last report in 2022, the 12 billion tons of freight they move are now subject to a median “nuclear” verdict that has skyrocketed to $51 million (see table). At the same time, with current federal minimum financial responsibility levels…