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Free AI Code Agent Goose Challenges Anthropic's $200 Claude

Anthropic's Claude Code, an AI coding assistant, faces competition from Goose, an open-source alternative developed by Block, due to Claude's subscription costs of up to $200 monthly. Goose offers similar code writing, debugging, and deployment capabilities while running locally, providing developers with data control, offline functionality, and a collaborative, rapidly evolving platform.

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01/10

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SEC Drops Gemini Crypto Lending Case: What It Means

3 min

Business1d ago

SEC Drops Gemini Crypto Lending Case: What It Means

The SEC is dismissing its 2023 lawsuit against Gemini Trust Co. after the company settled with the New York State Department of Financial Services and returned 100% of crypto assets to customers, resolving allegations of illegally raising billions through an unregistered lending program. This decision, made at the SEC's discretion, removes a significant legal overhang for Gemini and potentially stabilizes market sentiment surrounding crypto lending platforms.

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Telly's "Free" TVs Face Delivery Hurdles Despite Ad Revenue Promise

3 min

Business17h ago

Telly's "Free" TVs Face Delivery Hurdles Despite Ad Revenue Promise

Telly, the ad-supported TV startup, faces challenges in fulfilling its initial shipment goals, having only deployed 35,000 of its "free" TVs by Q3 2025, significantly below the projected 500,000 units by summer 2023. Despite claiming a $1,000 value per TV and plans to ship millions in 2024, the company's slow rollout, as revealed in an investor note, may impact its ad revenue model and market position, though a planned order of 100,000 TVs from Foxconn suggests potential delivery increases. The company's business model relies on user data collection and constant ad display, raising questions about consumer acceptance and long-term viability.

Davos: U.S. Allies Voice Concerns Over Shifting World Order

President Trump's disruptive statements at Davos, addressing topics from Greenland to Gaza, triggered volatility in global markets and strained relationships with key U.S. allies. This diplomatic fallout unfolded against a backdrop of growing uncertainty regarding America's leadership role within Western democracies. The remarks leading up to the World Economic Forum exacerbated concerns about potential shifts in U.S. foreign policy.

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Weather Channel CEO Sees Growth Opportunity in Winter Storm Fern

3 min

Business1d ago

Weather Channel CEO Sees Growth Opportunity in Winter Storm Fern

As Winter Storm Fern threatens a wide swath of the U.S., the Weather Company, parent of the Weather Channel website, anticipates traffic exceeding 100 million visits, up from its usual 70 million. CEO Rohit Agarwal highlights the company's critical role in providing weather insights to consumers and various industries, as the storm is projected to cause significant damage and power outages, particularly in Texas and the South. The Weather Channel television network is a separately owned company that licenses the brand and data from The Weather Company.

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Next Buys Russell & Bromley; Hundreds of Jobs Still Uncertain

3 min

Business3d ago

Next Buys Russell & Bromley; Hundreds of Jobs Still Uncertain

Next acquired shoe retailer Russell & Bromley for £2.5 million, plus £1.3 million for existing stock, after the company entered administration amidst a challenging retail landscape. While Next secures the brand and three stores, the future of the remaining 33 stores and approximately 400 employees remains uncertain, highlighting the ongoing market pressures impacting established high street brands. This acquisition follows similar struggles for other retailers like The Original Factory Shop and Claire's, indicating a broader trend of financial distress in the sector.

Europe Halts US Trade Deal, Rattling Global Markets

Multiple news sources report that the European Parliament is poised to suspend approval of the US trade deal due to escalating tensions, including potential tariffs and the US pursuit of Greenland, rattling global financial markets and reviving trade war concerns. This announcement has led to declines in US and European stock markets, mixed results in Asia-Pacific markets, a surge in gold prices, and a slight dip in the US dollar.

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Minnesota Businesses Halt Operations to Protest ICE Policies

3 min

Business18h ago

Minnesota Businesses Halt Operations to Protest ICE Policies

Hundreds of Minnesota businesses temporarily shut down, impacting local commerce, as thousands protested against the Trump administration's ICE operations in the state. The demonstrations, triggered by "Operation Metro Surge" and recent tensions, included the arrest of approximately 100 clergy members at Minneapolis airport for disrupting operations. The economic impact of the closures and the disruption to airport activities remain to be quantified.

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Greenland Pension Weighs US Stock Exit Over Trump's Island Bid

3 min

Business2d ago

Greenland Pension Weighs US Stock Exit Over Trump's Island Bid

Greenland's SISA Pension, managing 7 billion Danish kroner ($1.1 billion), is considering divesting from U.S. equities, which currently comprise 50% of its portfolio, in response to President Trump's interest in acquiring the Arctic island. The potential move, still under debate by the board and investment committee, is viewed as a symbolic protest with potential market implications given the fund's significant U.S. holdings.

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TikTok's U.S. Future: Harvard Grad Adam Presser Takes the Helm

3 min

Business17h ago

TikTok's U.S. Future: Harvard Grad Adam Presser Takes the Helm

Adam Presser, a Harvard Business and Law graduate, has been appointed CEO of TikTok's new U.S. joint venture, tasked with navigating regulatory challenges and maintaining user engagement. Presser's prior roles at TikTok, including Chief of Staff and Head of Operations, position him to lead the company's efforts to reassure Washington amidst ongoing scrutiny of the Chinese-owned platform. His deep understanding of Chinese language and culture, cultivated through academic pursuits and personal interest, may prove beneficial in this politically sensitive role.

Bezos' Blue Origin Challenges Starlink with TeraWave Network

Blue Origin, backed by Jeff Bezos, is entering the satellite internet market with TeraWave, a planned constellation of over 5,400 satellites targeting data centers, businesses, and governments with speeds up to 6 terabits per second. This move positions Blue Origin as a competitor to SpaceX's Starlink, which currently dominates the market, and Amazon's Project Kuiper, creating further competition in the rapidly expanding satellite internet sector. While TeraWave focuses on enterprise solutions, Amazon's Kuiper and Starlink target individual consumers, indicating differentiated market strategies.

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Tuft & Needle Discounts: Smart Savings for Cost-Conscious Shoppers

3 min

Business3d ago

Tuft & Needle Discounts: Smart Savings for Cost-Conscious Shoppers

Tuft & Needle is offering promotional codes and discounts in January 2026 on bedding items like quilts and white noise machines, allowing customers to save 15% on bundled purchases. These discounts aim to provide relief to consumers seeking quality bedding without paying full price, particularly on items like the $220 cotton and linen blend quilt. The company also features rotating deals on its sale page, including discounts on hemp pillowcase sets, duvet covers, platform bedframes, and headboards.

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X Open Sources Algorithm: 5 Business Advantages

3 min

Business3d ago

X Open Sources Algorithm: 5 Business Advantages

X, formerly Twitter, open-sourced its social recommendation algorithm under the Apache 2.0 license, a move that grants businesses commercial usage and modification rights. The algorithm, based on a Transformer architecture powered by xAI's Grok AI, determines content visibility on the platform, offering enterprises valuable insights into maximizing their promotional efforts and understanding how X evaluates posts and accounts. This open-sourcing aims to provide a "map" for businesses to navigate X's content distribution, potentially improving the ROI of their social media strategies.

Tuft & Needle: January 2026 Savings on Mattresses

Tuft & Needle is offering promotional codes and discounts in January 2026 on bedding products like quilts and white noise machines, providing a 15% discount when bundled, aiming to boost sales. These promotions on items like the $220 cotton and linen blend quilt and $60 Snooz sound machine are intended to attract cost-conscious consumers seeking better sleep solutions. The company is also featuring rotating deals on its sale page, including items like hemp pillow case sets and platform bedframes.

Cambodian Tycoon Arrested After BBC Exposes Online Scam

Cambodian businessman Kuong Li, exposed in a BBC Eye investigation for alleged involvement in online scam operations and human trafficking at the Huang Le compound, has been arrested and charged with multiple offenses including fraud and money laundering. The arrest, ordered by a Phnom Penh court, follows a 2023 BBC report detailing allegations of forced labor and fraud within scam compounds in Sihanoukville, impacting victims since 2019. This action signals a broader effort by Cambodian authorities to combat organized online fraud.

Lawsuit: Homeless Man Killed as Nonprofits Bulldoze Tent

Nonprofits Partners for HOME and SafeHouse Outreach are facing a lawsuit after a homeless man died when a bulldozer, clearing an Atlanta encampment at the city's request, crushed his tent. The suit alleges negligence, claiming the organizations failed to ensure the tent was unoccupied despite prior outreach efforts at the site near Ebenezer Baptist Church; the family previously filed suit against the city of Atlanta in July. Partners for HOME, the city's lead agency on homelessness, declined to comment, while SafeHouse Outreach has yet to respond.

AI Recruitment Tool Faces Lawsuit Over Screening Practices

Eightfold AI, a company providing AI-powered recruitment tools to employers, faces a lawsuit arguing its screening processes should adhere to the Fair Credit Reporting Act. The suit aims to increase transparency regarding applicant data collection and scoring, potentially impacting the company's market position and the broader adoption of AI in recruitment, where Eightfold currently leverages a database of over 1 billion professional profiles. The outcome could force AI recruitment firms to disclose more data about their algorithms and how they rate candidates.

Lawsuit Claims Homeless Man Died After Nonprofits Bulldozed Tent

Nonprofits Partners for HOME and SafeHouse Outreach are facing a lawsuit after a homeless man died when a bulldozer clearing an Atlanta encampment crushed his tent. The suit alleges negligence for failing to check the tent before the sweep, impacting the organizations' reputations and potentially their funding as Partners for HOME is the city's lead agency on homelessness. This follows a previous lawsuit against the city of Atlanta filed in July by the family of the deceased, highlighting ongoing concerns about homeless outreach protocols.

Netflix Hits 325M Subscribers, Eyes $20B Content Spend

Netflix exceeded expectations in Q4 2025, reporting $12.05 billion in revenue (up 17.6%) and $2.41 billion in net income (up 29.4%), reaching over 325 million subscribers. Fueled by over $1.5 billion in ad revenue for 2025, the company plans to increase content spending by 10% to $20 billion in 2026 as it looks to acquire Warner Bros.

Supreme Court Weighs Legality of Trump's Fed Governor Ouster

The Supreme Court is questioning the legality of Donald Trump's firing of Federal Reserve governor Lisa Cook, citing concerns over due process and the potential erosion of the Fed's independence. Justices across the political spectrum expressed skepticism about the administration's justification for the dismissal, which could have significant implications for the central bank's autonomy and the broader economy. The case hinges on whether Trump had sufficient "cause" to remove Cook, as required by law to protect the Fed from political influence.

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S&P 500 Slides: First Back-to-Back Weekly Losses Since June

3 min

Business1d ago

S&P 500 Slides: First Back-to-Back Weekly Losses Since June

The S&P 500 experienced its first two-week losing streak since June, despite erasing Friday's losses due to positive consumer sentiment and gains in major tech stocks. Nvidia shares rose 1.5% following news of potential chip orders from China, while Intel's stock plummeted 17% due to a weak forecast, and small caps underperformed after a 14-day winning streak against the benchmark. Investors are closely watching the upcoming Federal Reserve decision and the start of big-tech earnings season for further market direction.

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