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Telecommunications & Media

In \'Superbloom\', a hyperconnected age brings a paradox and tragedy of communication

In \'Superbloom\', IT futurist and technology critic Nicholas Carr links the spread of social media to growing division and conflict. Citing studies, he argues closer proximity and greater information about others can increase dislike by exposing habits and opinions that degrade one’s environment. Applied online, constant observation and commentary amplify this effect. Research led by Harvard’s Michael Norton found liking fell as more personality traits were revealed. Carr says social networks often repel, foster envy and intensify group conflict, creating a tragedy of communication.

Crypto

U.S. SEC approves listing of six 3x leveraged ETFs tracking bitcoin and five other assets

The U.S. Securities and Exchange Commission approved the listing and trading of six 3x leveraged ETFs tracking bitcoin, ether, gold, silver, oil and natural gas. The approval was made by clearing a rule change filed by the Cboe BZX Exchange, Coinpost reported. The products seek to deliver three times the daily moves of their underlying assets before fees, using futures. The approval covers listing only, with additional steps required before trading begins.

AI & Enterprise

Trump weighs Jay Clayton for new AI czar role

U.S. President Donald Trump is considering appointing Director of National Intelligence Jay Clayton as a new AI czar, Cointelegraph reported. Clayton could keep his DNI post while overseeing AI innovation and development and supervising tech firms’ self-regulation. Trump has pushed plans to create an “AI Force” and said he would manage the AI industry without adding new regulations. The White House has not made an official announcement.