23% Of Us Trust AI Agents To Spend Our Money. Visa Has A Plan

New Visa research finds consumers are fine letting AI shop for them, but deeply unwilling to let it pay. I chat with Group President Oliver Jenkyn on why trust, not technology, is the gating factor.  VCG via Getty Images  Almost three quarters of us have used AI agents like OpenClaw or Hermes, or perhaps Meta‘s new Muse. But only 23% trust agents with their money. That’s a problem for Visa, which is looking to expand its payments empire. As Visas chief product and strategy executive writes, “Your AI just bought you a couch. Are you okay with that?”  AI agents are increasingly common. They can check Slack or summarize our email, They can help us manage our calendars, they can research information. They could also be used to track prices, re-order consumables, or even book travel, but few of us have trusted them with our wallets.  At least, so far.  Citing a survey of 2,065 US consumers, Visa says that when its name is attached to the agentic AI purchase, acceptance almost triples to 61%. That is, of course, not a statement about whether the technology works or not, or which AI agent you should use. Instead, its a statement about who consumers want standing

09-10انڈسٹری

FBI Uses Blockchain for Darknet Opioid Bust, Links Crypto to Fatal Overdoses

Rongchai Wang  Sep 09, 2026 22:15  FBI charges two brothers for darknet drug sales after tracing $230K in Bitcoin transactions. Blockchain analytics linked crypto to fatal opioid overdoses.  U.S. authorities have charged Vladislav and Stanislav Chernyshov, two Jacksonville-based brothers, in a federal case linking their darknet vendor account, “BarbaraWhite,” to at least 12 overdoses, including three fatalities. Investigators used blockchain analytics to trace $230,000 in cryptocurrency transactions, revealing a sophisticated operation distributing counterfeit opioids.  According to the Justice Department, the brothers sold highly potent nitazene-laced pills under the guise of legitimate medications, using marketplaces like Nemesis, Bohemia, and Abacus since at least 2020. The BarbaraWhite account was prolific, allegedly moving over 95,000 counterfeit pills through these platforms and contributing to the ongoing opioid crisis in the U.S. Synthetic opioids, like nitazenes, are even deadlier than fentanyl and accounted for 69% of overdose deaths in 2023.  Crypto Tracing Unmasks Darknet Vendors  The Chernyshovs relied on Bitcoin for transactions, believing it provided anonymity. However, blockchains transparency cuts both ways. Investigators used Chainalysis Reactor, a blockchain analytics tool, to map the wallet activity of BarbaraWhite. They identified Bitcoin addresses used to withdraw funds from darknet sales and traced payments to a China-based chemical supplier, other vendors, and a cryptocurrency-based

09-10انڈسٹری

Crypto Crime Empire Crumbles as 22-Year-Old Ringleader Malone Lam Pleads Guilty

“If you build a cybercrime empire, we will find you, dismantle your operation, and hold you accountable,” said US Attorney Pirro.  Malone Lam, a Singaporean citizen and recent Miami resident, pleaded guilty in Washington, D.C., to taking part in an international cybercrime conspiracy that stole and laundered more than $245 million in cryptocurrency.  Attorney Jeanine Ferris Pirro announced the plea after Lam appeared before US District Judge Colleen Kollar-Kotelly.  $245 Million Crypto Heist  According to the official press release, the 22-year-old pleaded guilty to one count of participating in a RICO conspiracy, and the judge scheduled a status hearing for December 8, 2026. Court documents claim the criminal enterprise started no later than October 2023 and continued through at least May 2025.  The group grew through connections on online gaming platforms and included people based in California, Connecticut, New York, Florida, as well as other countries. Its members relied on social engineering and, at times, home break-ins to gather information that helped them drain victims crypto wallets.  US Attorney Pirro said,  “If you build a cybercrime empire, we will find you, dismantle your operation, and hold you accountable. This defendant led an international network that preyed on victims through deception, invaded their privacy, and stole hundreds of

09-10انڈسٹری

Apples first foldable iPhone is finally here, seven years after Samsung started the trend

Apple (NASDAQ: AAPL) has finally released its first folding iPhone, seven years after Samsung Electronics (KRX: 005930) began selling foldable smartphones. The new iPhone Duo opens into a 7.6-inch handset and closes into a smaller 5.4-inch device.  Apple says it becomes its slimmest iPhone when unfolded. Buyers get two finishes, star white and night sky. Orders open on Friday, October 16, while store availability starts Friday, October 23.  The outside panel gives users around 90% of the usable display area found on iPhone 18 Pro. Open the phone and the inner screen becomes 50% larger than iPhone 18 Pro Max.  Both Super Retina XDR panels use matching proportions, so apps resize without suddenly changing their layout. They also support ProMotion, Always On mode, and 3,000 nits of maximum outdoor brightness. Apple covered the inner panel with a nano-textured surface to cut glare, reduce visible reflections, and make the fold line harder to notice.  Source: AppleApple rebuilds the iPhone around a 100-part hinge, titanium frame and two-screen layout  Apple placed the inner FaceTime camera underneath the screen so it disappears when unused. Apple Pencil with USB-C support arrives later this year and will work across both screens for writing, drawing, and document markup.  Discover more  Track Stocks Bonds  Open

09-10انڈسٹری

Consensys Splits MetaMask Into Independent Company

Consensys Software Inc. announced on Sept. 9 that it is separating into two independent companies, turning its MetaMask consumer platform into a standalone business while placing its protocol and institutional infrastructure operations in a newly formed Consensys entity. The companies began operating independently immediately, with the legal separation expected to finish by the end of 2026.  In the official announcement, Ethereum co-founder Joseph Lubin said the existing company will be rebranded as MetaMask. Lubin will serve as its chairman and chief executive, while becoming executive chairman of the new Consensys.  The rebranded MetaMask business will focus exclusively on the wallet and its consumer products. Consensys said the app, users assets, private keys and access remain unchanged, and customers do not need to take any action because of the corporate restructuring.  The company also said its developer-facing SDKs, APIs and tooling will continue as before. MetaMask has recently broadened its product reach through integrations, including support for Robinhood Chain swaps, bridging and decentralized applications. The separation gives that consumer strategy its own corporate structure rather than keeping it alongside institutional infrastructure.  Linea and Ethereum infrastructure stay with Consensys  The newly formed Consensys will retain Linea as well as the protocol and enterprise infrastructure work that includes

09-10انڈسٹری

Dow Jones forecast: Bears eye 43,047–47,437 as August warning confirms breakdown

On August 6, we flagged a rare Dow Jones setup: two consecutive daily sessions with both the open and close entirely above the upper 20-day, 2-standard-deviation Bollinger Band, capped by an August 5 shooting star. Momentum was stretched (RSI-5 near 81, full stochastic near 92), and the NYSE McClellan Oscillator was neutral rather than the deep oversold readings that have historically marked lasting bottoms.  The conclusion was cautious but measured: the primary trend remained higher, yet the combination pointed to a vulnerable rally and a likely pause or pullback toward the middle Bollinger Band. That pullback has now materialized — and then some.  What happened after the signal  Price immediately slipped back into the upper band and never convincingly reclaimed the August extreme. As of September 9, the Dow was last near 52,450, with the short-term RSI washed out, price at the lower Bollinger band (which is expanding), and the index below its 10-day, 20-day, and 50-day Simple Moving Average (d SMA). Meanwhile, the MACD has been pointing lower and has been in a sell signal since August 17. See Figure 1 below.  Figure 1: Dow Jones Daily chart with our short-term Elliott wave count and several technical indicators.  The original studys completed historical analogs

09-10انڈسٹری

Taiwan Dollar: Range trade expected after CPI surprise against US Dollar – Commerzbank

Commerzbank highlights that Taiwan‘s August CPI undershot expectations due to favourable food base effects, but core inflation remains above the CBC’s forecast. The bank sees scope for a modest rate hike as growth stays robust and inflation risks persist. In FX, they expect USD/TWD to consolidate in a 31.30–31.80 range, with JPY strength supportive but higher Oil prices capping TWD gains.  CBC tightening bias and bounded currency  “August CPI rose less than expected by 2.0% yoy (Bloomberg consensus: 2.4%) vs 2.5% in July, the lowest reading since April. Softer food inflation drove the moderation, bringing headline inflation a tad above the Central Bank of the Republic of Chinas (CBC) 2% target for the first time in four months.”  Discover more  Brokerages & Day Trading  NEWS  financial  “Core CPI also eased to 2.3% (Bloomberg consensus: 2.5%) vs 2.4% in July, pointing to some softening in underlying price pressures. Nonetheless, core CPI remained above the CBCs 2026 forecast of 1.9% for the fourth consecutive month.”  “On monetary policy, the CBC could raise its policy rate by 12.5bp to 2.125% at its next quarterly meeting on 17 September. The robust growth backdrop gives policymakers scope to remain focused on upside inflation risks.”  “While headline inflation moderated to around 2% in August, the

09-10انڈسٹری

Harvey Secures $550M at $15.5B Valuation for Legal AI Expansion

Luisa Crawford  Sep 09, 2026 20:50  Legal AI startup Harvey raises $550M at a $15.5B valuation to expand its platform, now serving 80% of Am Law 100 firms.  Harvey, the San Francisco-based legal AI startup, has raised $550 million in funding at a $15.5 billion valuation, according to a company announcement on September 9, 2026. The round was co-led by Diffusion and Lightspeed Venture Partners, with participation from existing investors such as Sequoia, Kleiner Perkins, and a16z, as well as new backers like Sapphire Ventures and Whale Rock.  This marks a significant leap for Harvey, which just six months ago raised $200 million at an $11 billion valuation. The latest funding brings its total investment to over $1.55 billion since its 2022 founding. Harveys growth reflects its rapid adoption: 80% of Am Law 100 firms, alongside five Fortune 10 companies, now use its AI tools to enhance legal research, contract analysis, and workflow automation.  The capital will fuel further development of Harveys platform, including its recently introduced post-trained open-weight model and Harvey LAB, the Legal Agent Benchmark. These tools aim to help law firms and in-house legal teams build and scale AI-driven intelligence. Founders Winston Weinberg, a former litigator, and Gabriel Pereyra, a former researcher

09-10انڈسٹری

Siri AI Will Be Able To Listen In And ‘Rewind’ Conversations, Apple Says

Topline  Apple unveiled a range of products Wednesday during its “Surprise and shine” event, including plans to launch an AI overhaul of Siri with an upcoming iOS update that will be capable of listening to and recapping live conversations recorded through users phones or watches.  Siri AI will launch this month.  Photo by Nikolas Kokovlis/NurPhoto via Getty Images  Key Facts  Siri AI, which was first announced and made available to developers in June, will launch alongside iOS 27 on Sept. 14.  Siri AIs Recap feature can listen in on conversations and make summaries of them with quotes included, allowing users to gather information they may have missed.  A “Live Rewind” tool is also coming to Apple Watch, which can transcribe the last 15 seconds of conversations.  Apple said in its presentation Wednesday its devices will not retain actual audio recordings and that conversations processed by the Recap and Live Rewind features are end-to-end encrypted.  What We Dont Know  Apples privacy section in the release published Tuesday is brief and does not explain how its AI system can be aware of user information without retaining it.  Tangent  Apple‘s AI announcement comes on the heels of warnings from an Anthropic staffer and former OpenAI and Anthropic employee who warned Tuesday night that AI could

09-10انڈسٹری

Harvey AI Pushes Legal Intelligence Frontier With Open Research

Zach Anderson  Sep 09, 2026 20:42  Harvey AI accelerates legal innovation via open research in model optimization and agent behavior. Now valued at $15.5B.  San Francisco-based legal AI leader Harvey is doubling down on open research to enhance its domain-specific AI capabilities for legal and professional services. The company is tackling challenges in areas like agent behavior, post-training optimization, and verification, aiming to make AI tools indispensable for high-stakes legal workflows.  Harvey‘s research agenda spans synthetic data generation, benchmarking, and long-horizon modeling techniques. Recent initiatives include the release of updated Legal Agent Benchmarks and advancements in reward modeling to improve AI reliability. Harvey’s commitment to transparency is evident through its open collaboration with the research community and regular publication of findings. Key projects include tools for M&A diligence and in-house contracting, which are critical for streamlining legal work.  The company‘s rapid growth reflects its impact. On September 8, 2026, Harvey announced a $550 million funding round, bringing its valuation to $15.5 billion – a significant leap from $11 billion just six months ago. Co-led by Diffusion and Lightspeed Venture Partners, the funding underscores investor confidence in Harvey’s role as a leader in the legal AI market. This fresh capital is expected to fuel further research

09-10انڈسٹری
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