President Trump has signed the GENIUS Act into law, providing a regulatory framework for stablecoin issuers. This move will likely encourage mainstream banks and fintechs to incorporate stablecoins into everyday life in America. The bill aims to improve the bottomline of regular people by offering two main benefits: savings and shopping. Stablecoins could revolutionize savings … Read more
The James Webb Space Telescope (JWST) is celebrating three years of groundbreaking science with a stunning new image of the Cat’s Paw Nebula. This vast nursery of stars, located 4,000 light-years from Earth in the constellation Scorpius, has revealed its secrets to JWST. The telescope captured an incredible close-up of a section of the nebula, … Read more
The University of Michigan’s monthly consumer sentiment survey has shown a slight increase in optimism, with the Consumer Sentiment Index rising to 61.8 in July, surpassing analyst expectations. However, this uptick is tempered by concerns about inflation, which remains a top worry for many Americans. According to Surveys of Consumers Director Joanne Hsu, the results … Read more
Lynsi Snyder, the 43-year-old billionaire heiress to In-N-Out Burger, has announced that she and her family are leaving California for Tennessee. The move comes as the company is expanding into the Volunteer State. Snyder cited the challenges of raising a family in California as one reason for her decision, saying “there’s a lot” going on … Read more
Welcome back to This Week in Stratechery! Each Friday, we’re sending out an overview of content from the Stratechery bundle. You can customize what you receive by checking or unchecking the box in your delivery settings. Highlights this week include: The Economic Future of the Web: Cloudflare’s Content Independence Day highlighted the need for audacious … Read more
Samsung has unveiled its latest folding phone, the Galaxy Z Fold 7, boasting a significant redesign that redefines the book-style folding phone line. The new device features a slim body that feels like a standard phone when closed and unfolds to reveal an impressive 8-inch display. In comparison, Google’s Pixel 9 Pro Fold offers a … Read more
Amy Heckerling’s groundbreaking teen comedy, Clueless, celebrated its 30th anniversary this summer. The film’s enduring appeal lies not only in its witty dialogue and memorable characters but also in its refreshing take on youth culture. Released in 1995, the movie reinvigorated the stagnant teen genre, paving the way for future classics like 10 Things I … Read more
Astronomer CEO Andy Byron has resigned, the company announced on Saturday, following a video of him canoodling with HR head Kristin Cabot at a Coldplay concert in Massachusetts that went viral. The decision comes after both were placed on leave earlier this week. Byron, who has led Astronomer since 2023, and Cabot joined as head … Read more
Yahoo on laatinut uuden poltison itselleen ja sen kumppaneille, mukaan lukien AOL, Engadget, Rivals, In The Know sekä Makers. Uusi poltitikkansa tarkoittaa, että sivustojen ja sovellusten käytön yhteydessä on mahdollista kerätä käyttäjän henkilötietoja ja evästeitä myös sähköpostiin ja muuhun liikenneeseen. Käyttäjille on mahdollisuus hylkää kaikki yksityiset tietoisuudet ja evästeet, joita Yahoo kerää, näihin lisätarkoituksiin. Tämän … Read more
The European Union’s budget talks have officially started as ministers for European affairs met in Brussels to discuss Ursula von der Leyen’s proposed €2 trillion budget. The plan, unveiled earlier this week, requires unanimity from all 27 member states and has sparked criticism over its size. The budget is expected to be funded through a … Read more