JPMorgan has tightened its lending rules for private credit groups, trimming the value of certain loans that these funds use as collateral. The bank’s move signals growing caution among traditional lenders toward the fast‑growing private credit market, especially when backing software companies that
JPMorgan Chase has lowered the value of loans it holds as collateral, mainly those given to software companies, in its private‑credit financing arm. The change means that firms using these loans for “back‑leverage” will have less room to borrow and may need to lock up more assets. The bank’s move
Microsoft stepped out of its usual quiet stance and filed a supportive brief for an AI firm fighting the Pentagon. The move shows the tech giant weighing silence against action, even when it could risk government contracts. The brief came in a lawsuit where the Pentagon had labeled the AI company a
SoftBank is planning a huge loan that could reach $40 billion, aiming to boost its stake in OpenAI, the maker of ChatGPT. The move would be one of the biggest dollar‑only borrowings in the company’s history and is intended as a short‑term bridge, lasting roughly twelve months. Several large banks ar
A solo developer tried to create a full‑stack marketing tool using Google AI Studio and Gemini 3. 0 Pro, hoping the AI could act like a full team member without writing any code himself. The plan was to guide the assistant through strict rules: no math, no hidden state changes, and mandatory JSON sc
The sport of softball has been officially added to the 2029 International University Games program, a major event that follows only the Summer Olympics in size. The decision was announced after a meeting between leaders of the World Baseball Softball Confederation and the International University Sp
The scene starts on a weekday evening in New York. A commuter leaves Union Square, hops on the subway, and pulls up a phone app that can write code for him. He types a simple request: “Show me the data I just uploaded, put it in a database, and make it searchable on a web page. ” While the train rat
Keeley Peace, a top athlete from Standish-Sterling, has made a big comeback to basketball. After taking a year off to focus on softball, she's back on the court and making a huge impact. The Panthers, her team, are doing great this season. They've won the Jack Pine Conference-1 title and are in the
Poco phones are heading into a big software change. The new HyperOS 4 will stop using the old Poco Launcher and replace it with a single, unified interface. The change is driven by a new update method called \"SOTA\" (Super OTA) that lets phones refresh without restarting. The idea behind SOTA is s
A married pair ran several projects under a single LLC. They built houses on their big farm, made an app to help people stop using the internet too much, and even tried a quick mulching side job. After filing taxes for 2017‑2019, the IRS said their business expense claims were not allowed. The coupl
