American investment firm and pioneer of risk parity
Thinking Machines has released Inkling, a foundation model designed for customization by enterprises. It draws on large-scale pretraining but is optimized to run with lower compute, offering a tunable balance of cost and performance and open-weight accessibility for fine-tuning on private data.
AGoogle‑reported campaign shows hackers using voice phishing to target private equity firms, law firms and ratings agencies, stealing passwords and MFA codes via spoofed help desks. Several victims reportedly paid ransoms; researchers warn that the human element remains the biggest weakness in corporate security.
Meta has rolled out updates to its AR glasses to deter covert filming, adding a stronger capture LED safeguard and hardware-based privacy measures. The moves come as regulators in the EU probe the glasses and venues consider bans; the company reports a small share of devices have been tampered with and vows ongoing updates.
The Treasury has expanded debt buybacks and is extending short-term borrowing to manage a growing U.S. debt burden. Analysts warn the strategy addresses near-term costs but leaves the longer-term inflation and funding challenges unresolved as corporate debt rises and global buyers pull back.
Bitcoin has rallied further amid a spike in risk appetite after the Treasury Department doubled long-dated bond buybacks, fueling demand for risk assets. Traders are weighing whether the move is sustainable as a major rally continues into the week.
Meta has agreed to pay up to $18 billion and to change Facebook and Instagram defaults for US users under 18. The deal ends a federal trial and requires age verification, a two-hour daily cap, night blocks, muted school-hour notifications, removal of visible like counts and limits on cosmetic filters.
Bridgewater founder Ray Dalio has warned that the world is facing a debt crisis as debt supply outpaces demand. He says governments and large tech firms are flooding markets with debt while buyers in China and Japan pull back. He predicts a crisis within the next two to three years, urges hedges like inflation-linked bonds, and marks diversification beyond the US.