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AI & Enterprise

Apple hires former Google executive Lilian Rincon to lead AI product marketing

Apple has hired former Google vice president Lilian Rincon as vice president for AI product marketing, NineToFiveMac reported on Thursday. Rincon will oversee marketing and product management for AI platforms including Siri and Apple Intelligence, reporting to Apple’s senior vice president of worldwide marketing Greg Joswiak. She previously led global product teams at Google. The hire comes as Apple reshapes its AI organisation.

Crypto

Prediction markets' monthly trading volume tops $20 billion, led by geopolitics and politics

Prediction markets have surged, with monthly trading volume topping $20 billion. A TRM Labs report said the market grew 17-fold in six months from $1.2 billion in early 2025, driven by geopolitical and political issues. The report said U.S. politics leads activity while crypto price contracts remain a minority. TRM Labs also flagged rising manipulation concerns, prompting Kalshi and Polymarket to announce steps to curb insider access and strengthen market integrity.

Crypto

U.S. unveils crypto tax overhaul proposal, sparking controversy over Bitcoin exclusion

The United States is moving to overhaul its cryptocurrency tax rules, with two members of the U.S. House of Representatives releasing a draft Digital Asset PARITY Act. The proposal would clarify tax treatment by amending the Internal Revenue Code. It would exempt capital gains on dollar-pegged stablecoins when price moves stay within 1 percent and waive tax and reporting duties for stablecoin transactions of $200 or less, though an annual cap is undecided. Bitcoin would not qualify for the exemption.