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China sets 2030 target for national blockchain network

China has set 2030 as the target for largely completing a national blockchain network. Its latest five-year digital plan also calls for wider use in trade, finance, manufacturing and agriculture, alongside stronger technical standards.

Meta Creates Non-Voting Class C Stock to Fund AI Expansion Without Weakening Zuckerberg’s Control

Meta has approved non-voting Class C shares that could support future equity financing, compensation or acquisitions without directly diluting Mark Zuckerberg’s voting control. The company says no equity sale is currently planned, while filings outline potential funding needs reaching hundreds of billions of dollars over several years.

SpaceX Offers 20% Pay Rise To Staff Willing To Move For Colossus AI Buildout

BlackRock’s Larry Fink Warns Data Center Halt Could Trigger U.S. Recession

BlackRock CEO Larry Fink said a broad halt to U.S. data center construction could trigger a recession, citing the infrastructure boom’s economic importance. He also warned that national debt has reached $40 trillion and is increasing pressure on credit markets.

Kraken Parent Payward to Acquire Lithuanian Bank Saldo in European Expansion

Payward, the parent company of Kraken, has agreed to buy Finnish holding company Saldo Finance and its Lithuanian-licensed bank. The deal would expand Kraken’s regulated European banking services, including deposits, lending, cards and payments, subject to approval and expected completion in 2027.