RockawayX Commits $150 Million to Tokenized Private Credit, Forecasting a $10 Trillion Market Against Citi $5.5 Trillion
The firm is targeting 12% yields uncorrelated to crypto, using market makers to create exits for assets with long redemption...
ESMA Makes AI and Tokenization a Supervisory Priority From 2027, Shifting Scrutiny From Crypto Firms to Regulated Finance
European regulators will map where firms use these technologies in client-facing products and begin checks on the most affected businesses.
Meta Bets a Christmas Pendant Can Break Its 98% Dependence on Advertising While Ranking 96th on Trust
Bloomberg Opinion argues Muse is Meta's iPod moment. The transaction-fee model it implies needs exactly the permissions Meta is least...
AI Is Upending Social Media Professionals’ Livelihoods; Taylor Lorenz & Rachel Karten on AI Slop, Content Commodification, Feed-to-Chatbot Shift; Platform UX Degradation
Odd Lots: AI upending work of social media managers/creators. Feeds increasingly filled with 'AI slop.' Shift from scrolling feeds to...
Gautam Mukunda Opinion: AI Leaders Don’t Understand Intelligence; Feedback Bottlenecks Limit Power; $760B Capex Validates Infrastructure Constraints; Skepticism on Altman’s Exponential Curve
Bloomberg Opinion: AI's power limited by feedback speed/clarity, not intelligence alone. OpenAI's Navier-Stokes claim overstated; applies only to math/coding/weather. Writing/cancer...
VW’s Restructuring Truce ‘Fragile’; Profit Warning + Euro Stoxx Ejection Same Week; 50,000 Job Cuts Approved; Four German Factories at Risk; Blume Used Legal Workaround to Override Union/State
FT opinion: VW's supervisory board approved painful restructuring but governance truce between management/workers/Lower Saxony is fragile. Blume threatened legal workaround...
Apple-OpenAI Partnership Collapsed: ChatGPT Integration ‘Dramatically Underperformed’; Apple Pivoted to Google Gemini Siri AI; Court Documents Reveal Breakdown; xAI Antitrust Case Resolved
Court filings reveal OpenAI's ChatGPT integration on iPhones 'dramatically underperformed' after 2024 launch. Default 'off' setting caused poor uptake. Apple...
Global Bond Rout Deepens: US 10-Year 5.15% (2007 Highs), 30-Year 5.45% (2004 High); Japan 3.08% (1996 High); Oil $105.35; Hedge Fund Deleveraging; Fed >70% October Hike Odds
FT.com: Global bond sell-off worsens as oil rebounds to $105. US 10-year yields 5.15% (highest since 2007), 30-year 5.45% (2004...
SoftBank Shares +7% on $11.1B Bond Issuance; Funds OpenAI $10B Third Tranche (Final of $30B); Oct 1 Closing; Dollar + Euro Notes
SoftBank jumped 7% after issuing $11.1B in bonds ($10B USD senior notes + €1.14B euro notes) to fund OpenAI's third...
Market Sell-Off Thursday: S&P 500 -0.8%, Nasdaq -1.1%; 10-Year Treasury Yield 5.139% (Highest Since July 2007); October Fed Hike Odds >75%; Brent $105.95; Global Equity Weakness
Markets repricing macro pressures: Treasury yields surge to 2007 highs (10-year 5.139%, 30-year 5.438%). Fed October hike odds jump to...
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