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A first for crypto regulation in Congress.
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<a data-linktext="Senate panel advances first-ever broad crypto regulation bill" data-linktype="Normal" style="color:#105C8E;text-decoration:none" target="_blank">
Senate panel advances first-ever broad crypto
regulation bill
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The Senate Banking Committee voted 15-9 Thursday to advance the Digital Asset Market Clarity Act — the first time a broad crypto regulatory framework has cleared a congressional committee. The bill still faces a steep climb: it needs at least seven Democratic votes to pass the full Senate, followed by House
reconciliation. Key sticking points include provisions on political officials profiting from digital assets and whether the bill does enough to stop illicit transactions.
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The smallest thing you can do for the people you love most
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Many people put off life insurance because they assume it's expensive. The truth is, most of us overestimate the cost.
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Through Ethos, you can get coverage for around $54 a month*, which is less than your monthly streaming bill, and you can get approved in as little as 5 minutes. It's a small thing. But it means the people who count on you would be okay, even if the unthinkable happened.
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Join over 500,000 families that got their life
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*Disclaimer: Sample rate: 10-year term $1M life policy for 40 y/o healthy, non-smoking male.
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Walmart is slashing about 1,000 corporate tech jobs.
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The move consolidates its tech and product divisions and follows an effort to unify each of Walmart's major business units. Affected employees can apply to open roles within the company. Walmart said the changes are unrelated to AI.
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<a aria-label="NurPhoto / Getty Images" style="color:#168DD9" target="_blank" title="NurPhoto / Getty Images">
<img alt="NurPhoto / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2266883826.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3Nzg3ODAyODUuODk3ODY3N30:1wNa0b:Bhq_B37FjwGNL2Ed2FrZWdomPOPAJnyZflbn0YW-4wg" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
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<strong style="color: var(--blue-cta-default)">
<a data-linktext="Alibaba's profit collapses under the weight of AI spending." data-linktype="Normal" style="color:#168DD9" target="_blank">
Alibaba's profit collapses under the weight of AI spending.
</a>
</strong>
The e-commerce giant posted adjusted net income of 86 million yuan ($12 million) in its fiscal fourth quarter, down from
29.85 billion yuan a year ago, as spending on AI infrastructure and quick commerce delivery weighed on earnings.
</div>
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<strong style="color: var(--blue-cta-default)">
<a data-linktext="Sam Altman says Elon Musk sought total control of OpenAI." data-linktype="Normal" style="color:#105C8E" target="_blank">
Sam Altman says Elon Musk sought total control of OpenAI.
</a>
</strong>
Altman testified that Musk wanted a majority say in any for-profit version of the AI startup, vowing only to shrink his ownership share on a vague timeline. Altman said Musk eventually left OpenAI because he lost confidence in its future.
</div>
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<img alt="Smith Collection / Gado / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2167939498.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3Nzg3ODAyODUuODk4MjQ1fQ:1wNa0b:YdbKLgnOEhwB9PDbQHtXBoGb4btx9GEGI2kmVSq1utg" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top;color:#000000">
<div style="line-height: 1.4">
<strong style="color: var(--blue-cta-default)">
<a data-linktext="LinkedIn is cutting 5% of its workforce in a reorganization." data-linktype="Normal" style="color:#105C8E" target="_blank">
LinkedIn is cutting 5% of its workforce in a reorganization.
</a>
</strong>
The Microsoft-owned platform employs more than 17,500 people globally, putting the cuts at about 875 positions. The
reductions come as Microsoft offers voluntary buyouts to U.S. employees for the first time in its history.
</div>
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