Blackbird gobbles up $50M for its blockchain-based payment-loyalty app for restaurants

A founder who has carved out a name for himself building products to help restaurants connect better with would-be diners has raised $50 million for his latest startup: a new take on the idea of customer loyalty.  Blackbird Labs has built a payments-meets-loyalty-meets-blockchain platform for restaurants to grow repeat business while reducing some of the […]

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IBM releases a new mainframe built for the age of AI

IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than […]

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Google is allegedly paying some AI staff to do nothing for a year rather than join rivals

Retaining top AI talent is tough amid cutthroat competition between Google, OpenAI, and other heavyweights. Google’s AI division, DeepMind, has resorted to using “aggressive” noncompete agreements for some AI staff in the U.K. that bar them from working for competitors for up to a year, Business Insider reports. Some are paid during this time, in […]

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How one tweet wreaked havoc on the stock market

Amid a morning of pandemonium on Wall Street, a popular news aggregator on X, known as Walter Bloomberg, posted a false report declaring that President Trump was considering a 90-day pause on his controversial tariff proposal. This news was not true, and yet, index funds like the Dow Jones whipsawed — rapidly rising, before reversing […]

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