After years of phased rollout, Swift’s legacy MT messaging standard for cross-border payments officially retires on Saturday, November 22. The complete shift to ISO 20022 represents one of the most significant data migrations in modern financial infrastructure. This transition forces CFOs to navigat
Legendary investor Ray Dalio believes AI stocks are in a bubble but advises against selling. He argues the typical triggers for a bubble burst—like Fed tightening—aren’t happening now. Markets are pricing in rate cuts by June 2025 despite strong economic data.
Virginia is shedding its government town image to become a major tech innovation hub. With Amazon’s HQ2, Google’s massive AI infrastructure investment, and record venture capital, the state is building a diverse technology ecosystem that’s attracting global attention.
Yann LeCun, Meta’s Chief AI Scientist, is departing after 12 years to launch his own AI startup. The move comes as Meta reshuffles its AI teams and focuses more on large language models, which LeCun has been openly skeptical about. He’ll remain at Meta until the end of 2025.
Google’s Gemini 3 AI model announcement triggered a massive stock surge that reshuffled the world’s billionaire rankings. Larry Page gained $7.6 billion in a single day, leapfrogging Jeff Bezos to become the third-richest person globally. The AI-driven wealth transfer shows how technology announceme
Roblox is rolling out mandatory age verification that’s already misidentifying adults as children. The system requires selfies or ID checks just to use basic chat features. This could become the new normal across the entire internet.
OpenAI just launched GPT-5.1-Codex-Max, a coding model built for complex engineering tasks. It scores 77.9% on SWE-Bench and uses 30% fewer thinking tokens. The model is available today across Codex platforms.
The European Commission has proposed significant changes to GDPR that would reduce cookie pop-ups and make it easier for companies to use personal data for AI training. Privacy activists are calling it the biggest rollback of digital rights in EU history, while tech lobbyists welcome the simplificat
Europe is considering weakening its landmark GDPR privacy legislation to help AI companies access more data. Privacy campaigners are calling the move the biggest attack on digital rights in years. The changes would simplify cookie pop-ups and delay AI regulation implementation.
Microsoft CEO Satya Nadella is turning to the executive who helped guide the company’s cloud computing transformation to navigate the AI era. Rolf Harms, who co-authored the influential “Economics of the Cloud” paper in 2010, will now advise on AI economics. This comes as Microsoft doubles down on m
