If Alphabet pushed the rollout of its self-driving tech company even harder, Waymo could dominate a new market with the potential to generate more revenue than its ad business. Inthe summer of 2015, when veteran auto executive John Krafcik was recruited to turn Google’s Self-Driving Car Project into a new business unit for Alphabet, cofounders Sergey Brin and Larry Page …
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Crypto advocates see things differently. They claim stablecoin rewards create healthy market pressure and could drive big banks to provide more competitive interest rates in an effort to keep customer deposits. “To call this a trillion-dollar fight would be an understatement: This is highly fraught territory that banks have jealously guarded,” says former Republican Representative Patrick McHenry of North Carolina, …
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