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Schwab Considering Prediction Markets Tied to Finance Events

Charles Schwab Corp. is likely to launch prediction markets linked to financial events as competitors including Robinhood Markets Inc. expand their presence in the space. Schwab is "taking a hard look" at prediction markets, Chief Executive Officer Rick Wurster said on a conference call Thursday, but would stay away from allowing customers to place wagers on sports or pop culture given the firm's focus on building clients' long-term wealth. Schwab's CEO Rick Wurster joined Bloomberg Businessweek Daily to discuss.

Leia mais: Schwab Considering Prediction Markets Tied to Finance Events
Bloomberg

Slash CEO on Displacing 'Legacy' Banks With AI Agents

Slash Financial recently raised $100 million to expand its hyper-tailored banking services into new global markets and industries. With $300 million in ARR, Slash is using AI agents to automate back-office tasks like document parsing and dispute processing. Co-founder and CEO Victor Cardenas speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Leia mais: Slash CEO on Displacing 'Legacy' Banks With AI Agents
Bloomberg

AI Cyber Race Is a Fight for Governance, Says Redpoint's Brescia

OpenAI is doubling down on security with the rollout of GPT-5.4 "Cyber," aiming to solve the trust and governance issues currently slowing enterprise adoption. Erica Brescia, managing director at Redpoint Ventures and OpenAI backer, speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Leia mais: AI Cyber Race Is a Fight for Governance, Says Redpoint's Brescia
Bloomberg

Paramount-Warner Merger Will 'Desecrate America': Kirsten Vangsness

Kirsten Vangsness, actress and writer, joins Scarlet Fu on "Bloomberg Markets." More than 3,000 Hollywood actors, directors and screenwriters have penned a letter opposing the $110 billion takeover of Warner Bros. Discovery by Paramount Skydance Corp., citing concerns about job losses and higher costs with fewer choices for consumers.

Leia mais: Paramount-Warner Merger Will 'Desecrate America': Kirsten Vangsness

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