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Netflix goes ‘all in’ on generative AI as entertainment industry remains divided

As the entertainment industry reckons with when and how to use generative AI in filmmaking, Netflix is leaning in. In its quarterly earnings report released on Tuesday afternoon, Netflix wrote in its letter to investors that it is “very well positioned to effectively leverage ongoing advances in AI.” Netflix isn’t planning to use generative AI … Read more

The best way to earn billionaire status is to follow in Warren Buffett’s footsteps: 15% of billionaires derive net worth from the finance industry

The number of people who may think a banana costs $10 has exploded in the last few decades. The US has 902 billionaires this year, up from 66 in 1990, when the economy was less than half of its current size and $410 million was equivalent to $1 billion in today’s dollars. US billionaires are collectively worth … Read more

The Bourbon Industry Is in Turmoil. Could Tech Provide the Shot It Needs?

If you’ve never toured a whiskey distillery, the experience can be uncommonly old-fashioned. While newer distilleries thrive on automation, many still tout their “by hand” operations as a defining characteristic, a heritage that gives them street cred. Many distilleries are downright smug about the lack of computers or even climate control in any facet of … Read more

Trump Targets Crypto Industry to Pay for new Whitehouse Ballroom

After just announcing that his family has made $1Bn from various crypto ventures, US President Donald Trump hosted a dinner at the White House for companies that pledged funds toward the construction of a new $250M ballroom. Interestingly, attendees included senior executives from crypto firms such as Gemini, Coinbase, and Ripple. The dinner was reportedly … Read more

Auto industry raises the alarm as China tightens rare earth curbs

Workers assemble an Volkswagen’s ID.3 GTX FIRE+ICE electric car on a production line at the Volkswagen electric car factory on October 13, 2025 in Zwickau, Germany. Jens Schlueter | Getty Images News | Getty Images Automotive industry groups have raised the alarm over the ramifications of China’s latest move to restrict critical rare earth exports, … Read more

Crypto ETF Inflow Drives U.S. ETF Industry to $12.7Tn

A combination of sustained commodity and crypto ETF inflow saw the U.S. ETF industry hit a record $12.7 trillion in assets. In September 2025 , the top 10 U.S. exchange-traded products added $803 million in new assets. The biggest inflow came from VXX fund, which gained $272.99 million as investors sought protection against rising market … Read more

Europe’s China dilemma: Does the EU need to pick between faster decarbonization and green industry?

The European energy transition may be in full flow, but how European is it, really? Although a record 47% of the EU’s energy came from renewables in 2024, and EU countries now invest ten times as much in renewable energy as they do in oil and gas, the picks and shovels behind this green gold … Read more

Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge

Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report Monday, in a deal that underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash … Read more

Top crypto market news that will impact the industry this week

The cryptocurrency market experienced a significant crash last week, erasing billions of dollars in value. This article explores some of the top crypto news to watch this week and the potential impact.  Summary The crypto market will react to key token unlocks worth millions this week. Additionally, the US and China trade war will have … Read more

The government shutdown couldn’t have come at a worse time for D.C. Its $11 billion tourism industry is bracing for impact

The government shutdown has officially entered its second week, but the worst effects may still be ahead for Washington, D.C.’s tourism industry. Some government-funded museums and facilities such as the National Gallery of Art have already closed, and those that haven’t, such as the Smithsonian’s National Zoo and the National Air and Space Museum are … Read more

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