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Circle Internet Group released its third-quarter earnings on Wednesday, November 12, announcing a 66% jump in revenue and reserve income year-over-year (YOY). The $740 million figure stemmed, in large part, from a 97% increase YOY of average USDC in circulation. USDC, Circle’s flagship cryptocurrency stablecoin, is pegged to the U.S. dollar. It’s also one of the largest stablecoins in the world. In August, Circle announced Arc, a public blockchain designed specifically for stablecoins, such as USDC. In the earnings report, Circle claimed that over 100 companies are taking part in the launch of Arc public testnet. Jeremy Allaire, cofounder, CEO, and chairman…

With all the news in the quantum world this month—including DARPA’s new list of the most viable quantum companies, and Quantinuum’s announcement of “the most accurate quantum computer in the world“—IBM, not to be outdone, put out a statement of its own. The top-line message: We’re doing great! IBM’s quantum program is hitting all the milestones it’s set out in its most recent road map—and it is accelerating progress toward a large-scale, fault-tolerant quantum computer, by shifting production of its quantum processors out of its research labs to an 300mm quantum advanced 300mm wafer fabrication facility at the Albany NanoTech Complex. The move will double the speed at…

Some of my best ideas come to me when I’m exercising. At least I think they’re some of my best ideas; by the time I actually get a chance to write them down, I’ve often forgotten them. While you could argue that something I was unable to remember for an hour or so can’t be that great, still: we’ve all had things we wanted to remember, but couldn’t. So what can you do if you need to remember something important? Most memory-improvement techniques—like mnemonics, chunking, and building memory palaces—involve a fair amount of effort. But these simple strategies to improve your short-term memory and recall require almost no effort—and very little time. 1. Say…

The Food and Drug Administration (FDA) is investigating a multi-state outbreak of Salmonella infections linked to powdered dietary supplements. According to the latest update from the agency, the outbreak has sickened almost a dozen people, with three hospitalized. The outbreak has also sparked multiple product recalls. Here’s what to know: What’s happened? On Wednesday, November 12, Brooklyn-based Food to Live voluntarily recalled its “Organic Moringa Leaf Powder” and “Organic Supergreens Powder Mix” products due to a risk of Salmonella contamination. These products were distributed through retail and wholesale channels nationwide. The FDA publishe…

The 2025 Leonid meteor shower is forecast to peak this weekend, lighting up the night sky with up to 15 meteors an hour whizzing by at 44 miles per second, according to Live Science. The Leonids peak is expected to be visible in both the Northern and Southern Hemisphere this Sunday, November 16 into early Monday, November 17, according to the Planetary Society. Expect prime meteor shower viewing, since the moon is expected to only be 9% full, giving viewers mostly dark skies. Here’s what to know about seeing the dazzling display. What is a meteor shower? Meteor showers, or “shooting stars,” occur as Earth passes through the trail of dusty debris left by…

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Performance assessment matters: Research from McKinsey & Co. maintains that companies with a focus on employee performance see 30% higher revenue growth and lower attrition rates than their peers. In the past, though, top executives seemed to care mostly about the results of employe…

As of this writing, shares in Quantum Computing Inc. (Nasdaq: QUBT) are spiking in premarket trading, with the stock price up over 15%. That’s a relatively large swing, even for a quantum computing firm, where stocks have been especially volatile this year. Here’s what to know: Why is QUBT rising today? While quantum computing stocks have been volatile this year due in part to the speculative nature of the space, the main reason for Quantum Computing’s share price surge this morning seems more to do with the company’s finances than just standard run-of-the-mill quantum speculation. On Friday, Quantum Computing Inc. released its third-quarter 2025 financials—an…

If it seems like everything is getting more expensive, you’re right. Thanks to inflation (up 3%), which has affected goods from food to gas (for which prices are up 4.1%), you can now add the post office to the the long list of places where you’ll have to pay more. Here’s what to know. What’s happening? The U.S. Postal Service (USPS) is planning to increase the price of shipping. The good news is, the changes won’t affect your holiday packages and won’t raise the price of stamps. The changes go into effect next year on January 18, pending a review by the Postal Regulatory Commission (PRC). How much will prices go up? The move will raise prices approximat…

After writing more than one article a day for the last 23 years, I’ve accumulated a body of text large enough to train an AI model that could convincingly write “like me.” With today’s technology, it would not be difficult to build a system capable of generating opinions that sound as if they came from Enrique Dans—an algorithmic professor that keeps publishing long after I’m gone. That, apparently, is the next frontier of productivity: the digital twin. Startups such as Viven and tools like Synthesia are building “AI clones” of employees and executives—trained on their voices, writing, decisions, and habits. The idea is seductive. Imagine scaling yourself infinitely…

Do your office, inbox, and calendar feel like a ghost town on Friday afternoons? You’re not alone. I’m a labor economist who studies how technology and organizational change affect productivity and well-being. In a study published in an August 2025 working paper, I found that the way people allocate their time to work has changed profoundly since the COVID-19 pandemic began. For example, among professionals in occupations that can be done remotely, 35% to 40% worked remotely on Thursdays and Fridays in 2024, compared with only 15% in 2019. On Mondays, Tuesdays, and Wednesdays, nearly 30% worked remotely, versus 10% to 15% five years earlier. And white-collar e…

Here’s a sad story: The other day, my wife and I woke up and realized we were out of coffee. Honestly, if you want to throw a wrench into the Murphy household and hamper our routine, take away the coffee. Anyway, the story ends much better; I threw on a baseball hat and drove to the supermarket down the road. But it also reminded me of a study I’ve wanted to share here, led by researchers at Tulane University who analyzed data on 40,725 Americans and their coffee-drinking habits over nearly a decade. In short, they found something remarkable about when people drink their coffee. Drink it in the morning The study, supported by the U.S. National Heart…

Tech giants are making grand promises for the AI age. The technology, we are told, might discover a new generation of medical interventions, and possibly answer some of the most difficult questions facing physics and mathematics. Large language models could soon rival human intellectual abilities, they claim, and artificial superintelligence might even best us. This is exciting, but also scary, they say, since the rise of AGI, or artificial general intelligence, could pose an uncontrollable threat to the human species. U.S. government officials working with AI, including those charged with both implementing and regulating the tech in the government, are taking a diff…

New York City scaffolding is so commonplace it has become a kind of extra architectural skin covering the city. It’s estimated that there are more than 9,000 of these “construction sheds” (another term for scaffolding) installed across the city, enough to stretch nearly 400 miles if they were put end to end. They do the important work of shielding pedestrians from potential falling debris during building construction and renovation projects, but they also shroud large swaths of sidewalk in dark and cloistered tunnels made of an unfortunate jumble of steel poles and plywood. Construction scaffolding is the city’s ubiquitous, utilitarian, and mostly unpleasant nec…

As cases of potentially deadly botulism in babies who drank ByHeart infant formula continue to grow, state officials say they are still finding the recalled product on some store shelves. Meanwhile, the company reported late Wednesday that laboratory tests confirmed that some samples of formula were contaminated with the type of bacteria that has sickened more than 30 babies in the outbreak. Tests by an independent food safety laboratory found Clostridium botulinum, a bacterium that produces toxins that can lead to potentially life-threatening illness in babies younger than 1, the company said on its website. ByHeart officials said they notified the U.S. Food and …

Earlier this year Pepsi purchased probiotic drinker maker Poppi, and now the soda giant is introducing a new prebiotic cola drink in its quest to capture Gen Z drinkers: Pepsi Prebiotic Cola. The drink drops on November 28 and will be available at Walmart, on Amazon, and TikTok shop, as well as in select markets on Kroger.com, DashMart, and GoPuff. The “Unbelievably Pepsi” drinks will be available in two flavors: Original and Cherry Vanilla and contain 30 calories and five grams of sugar. They also have three grams of prebiotic fiber. Still, the drinks are highly marketable, given they’re a soda alternative, and appear to offer some health benefits. As many Amer…

Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per to a staff memo from Verizon CEO Dan Schulman. In the letter, which was seen by The Associated Press, Schulman said Verizon’s current cost structure “limits” the company’s ability to invest—pointing particularly to customer experiences. “We must reorient our entire company around delivering for and delighting our customers,” Schulman wrote. He added that the company needed to simplify its operations “to address the complexity and friction that slow us down and frustrate o…

Bitcoin is having a horrible week. Until yesterday, the cryptocurrency had declined by roughly 2.5% over the preceding five days. But in the last 24 hours alone, the coin has taken a major hit—down more than 10%. Worse, fear and greed indices, which measure the emotional state of investors who buy and sell Bitcoin, are near historic lows. Here’s what you need to know. Why is Bitcoin sinking? Bitcoin has dropped precipitously over the past 24 hours. As of the time of this writing, it’s down more than 10% to $82,185 per token. That’s a low the coin has not seen since April. But why has Bitcoin been falling so much over the past 24 hours? There are two m…

A creepy account that’s almost certainly using AI to generate videos of imaginary New Yorkers criticizing mayor-elect Zohran Mamdani raises a frightening prospect: that deepfakes could be used not just to impersonate politicians, but also constituents. Accounts on several social media platforms – which are using similar profile pictures and appear to be linked – are calling themselves the Citizens Against Mamdani. In recent days, these accounts have posted confessionals and rants from “New Yorkers” slamming Mamdani for his – alleged – anti-Americanism, plans to hike taxes, and false promises on rent and transportation. They appear to be trying to imitate the diversit…

How can you tell if someone is a great leader? They always want to know more. They’re interested in mastery of a subject or skill. They ask great questions. And, as they find out more, they sometimes change their mind. They’re a “learner.” But these days, most CEOs and other leaders take the opposite approach. They think of themselves as “knowers.” They appear to have all the answers. That’s bad for them, their direct reports, and the organizations they lead. That insight comes from researcher and author Brené Brown and Wharton professor and author Adam Grant. The two behavior experts had an open-ended discussion about the nature of courageous leadership during a rece…