Market Updates from 0:00 - 19:50 19:50 Australia expected to approve BTC ETF โข Hong Kong passing BTC/ETH ETF Apr 30, Tues 25:15 London targeting May 28th 25:33 Mike Saylor hosting Bitcoin for Corporations conference in Las Vegas (4/29 - 5/2) --> Law passed recently allowing bitcoin on balance sheets Under the new FASB (Financial Accounting Standards Board) rules, corporations can now recognize cryptocurrencies as assets. This means that if a company holds Bitcoin, for example, it can list it as an asset on its balance sheet, just like cash or inventory. 35:51 Saks 5th was behind in bills by 98%. 44:10 BRAVE AD ๐ฆ (Privacy focused, you control your data, get paid from ads, blockchain integrated, free) 48:30 AI Mass Adopting Elon in Beijing to discuss enabling FSD (full self driving) mode on Tesla in China. Currently available on U.S. ๐ โข Apple having talks with OpenAI for using its generative AI features & โข Asked Google for permission to license Gemini. โข Aiming for a chatbot in IOS 18 update. โข Now acquired French AI company specializing in On Device processing. Sources used for this episode: https://fasb.org/page/Document?pdf=ASU%202023-08.pdf&title=ACCOUNTING%20STANDARDS%20UPDATE%202023-08%E2%80%94Intangibles%E2%80%94Goodwill%20and%20Other%E2%80%94Crypto%20Assets%20(Subtopic%20350-60):%20Accounting%20for%20and%20Disclosure%20of%20Crypto%20Assets https://www.nasdaq.com/articles/australia-set-to-launch-bitcoin-spot-etfs%3A-how-will-btc-price-react https://cointelegraph.com/news/hong-kong-bitcoin-ether-etfs-start-trading-april-30 https://bitcoinmagazine.com/business/microstrategy-to-host-bitcoin-for-corporations-conference-pioneering-bitcoin-adoption#:~:text=MicroStrategy%2C%20the%20leading%20business%20intelligence,and%20ii)%20Bitcoin%20for%20Corporations. https://youtu.be/Oah-1kFu07Q?si=iHkbETSOXsVK2ZYk https://www.bbc.com/news/business-68914929?utm_source=tldrnewsletter https://www.bloomberg.com/news/articles/2024-04-26/apple-intensifies-talks-with-openai-for-iphone-generative-ai-features?utm_source=tldrnewsletter https://www.phonearena.com/news/apple-acquired-french-ai-startup-firm-for-undisclosed-amount_id157605 Follow my socials: beacons.ai/kamasense
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