Meta shares climb on report of possible 30% metaverse budget cut
Meta is reportedly cooling on the metaverse with planned 30% cuts in its virtual reality research department, Reality Labs, which shareholders seemingly support.
CNBC taps Kalshi to bring real-time prediction data into financial coverage
Kalshi will provide real-time prediction data across CNBC’s TV, digital and subscription platforms beginning in 2026 as part of a mult-year partnership.
Peter Schiff fails to authenticate gold bar during onstage test with CZ
Gold advocate Peter Schiff faced Binance co-founder Changpeng "CZ" Zhao during an event panel in Dubai, arguing that tokenized gold is a better store-of-value asset than Bitcoin.
IMF lays out guidelines for addressing stablecoin risks, beyond regulations
The fund identified “strong macro-policies and robust institutions” as a response to the potential risks of stablecoins, above a patchwork of global regulations.