March 15, 2025

technology

Funds

Opioid settlement tracking system still to come, but only for funds distributed by First Foundation | West Virginia

A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the

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Funds

These Funds Made Heady Gains. Thank Nvidia.

The market cap of AI chip maker Nvidia passed $3 trillion in the second quarter. Because microchips are made from silica, it’s tempting to say that Nvidia’s entire capitalization is built on sand. But nothing is firmer than Wall Street’s belief in artificial intelligence. The behemoth’s stock surged 37% in the past three months and

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Investors

Tech Firms Caution Investors About AI-Related Risks

A growing number of tech firms are reportedly cautioning investors about risks related to their efforts in artificial intelligence (AI). At least a dozen major tech companies have “quietly” issued AI-related warnings this year by adding or updating them in the “risk factors” section of reports filed with the Securities and Exchange Commission (SEC), Bloomberg

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Investors

Cryptocurrency investors are more likely to self-report ‘Dark Tetrad’ personality traits, study shows

The authors found that crypto investment and ownership tends to appeal to people who are more argumentative, anti-authoritarian, and prefer to get their news from non-mainstream social media sites. Credit: Traxer, Unsplash, CC0 (creativecommons.org/publicdomain/zero/1.0/) Owning cryptocurrency may be associated with certain personality and demographic characteristics as well as a reliance on alternative or fringe social

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Investors

Nvidia to Face Its First AI Antitrust Charge, Says Report. Why Investors Should Relax.

Nvidia’s dominance in providing chips to power artificial-intelligence technology was bound to attract the notice of regulators. Now the company looks set to face the first antitrust challenge of its AI era but it should only be a small obstacle.  Nvidia is about to be charged by the French antitrust regulator for allegedly anticompetitive practices,

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Crypto

Donald Trump, crypto take aim at SEC as Biden allies raise alarms

Former U.S. President and Republican presidential candidate Donald Trump looks on during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024.  Brendan Mcdermid | Reuters The presumptive Republican presidential nominee promised to loosen the regulation of cryptocurrencies if he is elected in November, and to “get out of the way of innovation,” a person

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Crypto

Bitcoin and Other Cryptos Rise. Why July Could Be a Tough Month for the Sector.

Bitcoin and other cryptocurrencies were rising early on Monday but the sector still faces headwinds going into the second half of the year. Bitcoin was up 4.1% over the last 24 hours to $63,311. That means the largest cryptocurrency has largely recouped the losses that came after last week’s news that the trustee of Mt. Gox,

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Investment

Aptean Secures Strategic Investment From Clearlake Capital

ALPHARETTA, Ga. and SANTA MONICA, Calif., July 01, 2024 (GLOBE NEWSWIRE) — Aptean (or the “Company”), a global provider of industry-specific enterprise resource planning (“ERP”) and supply chain software, announced today that it has received an investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) to support Aptean’s journey. Clearlake will join existing

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Crypto

Bitcoin Gains. A Solana Crypto ETF Could Be in the Cards.

Bitcoin and other cryptocurrencies were rising early Friday. Solana was the standout gainer, after the first U.S. application was filed for a spot exchange-traded fund tied to the cryptocurrency. Bitcoin was up 1.3% over the past 24 hours to $61,519. The largest cryptocurrency has fallen from levels of around $64,000 after news on Monday that

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