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Japan’s AI company Quantum to acquire 3,000 BTC amid US-Japan trade deal, rising treasury yield 

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  • Quantum, a Japan-based AI company, announced its aim to acquire 3,000 BTC on Wednesday. 
  • A breakthrough in the US-Japan trade deal imposes a 15% reciprocal tariff on Japan.
  • The interest of Japan-based companies in Bitcoin surges as the country’s treasury yield hits record highs. 

Quantum Solutions, a publicly listed AI company on the Tokyo Stock Exchange, announced its aim to acquire 3,000 Bitcoin (BTC) amid Japan’s recent trade deal with the United States (US) and the rising Bond yields in the country. 

Quantum Solutions enters Bitcoin’s land grab race 

In a press release on Wednesday, Quantum Solutions joined the growing number of Japanese corporations in the race to acquire Bitcoin. The company aims to raise $10 million to purchase the initial phase of acquiring BTC, with the ultimate goal of reaching 3,000 BTC, valued at over $356 million, within the next 12 months. 

Furthermore, the company stated, “amid ongoing yen depreciation and increasing international financial uncertainty, investment and holding of Bitcoin are gaining importance.”

In addition to Quantum, several other Japanese companies are in the race, including Metaplanet, which holds 16,352 BTC as of July 24. Remix Points holds 1,051 BTC, while ANAP holdings and Machouse plan to build a 1,000 BTC reserve. 

Japan’s rising financial uncertainty and the US trade deal

The shift in corporate sentiment toward Bitcoin aligns with the declining financial security in Japan, as reflected in its crashing Bond market. Japan’s 40-year government Bond yield reached a record high of 3.375% on Wednesday.

The bid-to-cover ratio dropped to 2.127 on Wednesday from 2.214, the lowest in 14 years, suggesting lower liquidity and risk-off sentiment among traders. 

A comparatively short-term 10-year bond has reached a record high yield of 1.6% last seen during the 2008 financial crisis.

Amid such conditions, Japan has agreed to a new trade deal with the US, a shift powered by US President Donald Trump. The new deal puts a 15% “reciprocal tariff” on Japanese goods sold or businesses operating in the US, a $550 billion investment package in the US, and a 90% profit share from investments in the US. 




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Rolling Stone, Billboard owner Penske sues Google over AI overviews

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Reuters
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The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites.

The lawsuit by Penske Media in federal court in Washington, DC, marks the first time a major US publisher has taken Alphabet-owned Google to court over the AI-generated summaries that now appear on top of its search results.

News organizations have for months said the new features, including Google’s “AI Overviews,” siphon traffic away from their sites, eroding advertising and subscription revenue.

Penske, a family-owned media conglomerate led by Jay Penske and whose content attracts 120 million online visitors a month, said Google only includes publishers’ websites in its search results if it can also use their articles in AI summaries.

Without the leverage, Google would have to pay publishers for the right to republish their work or use it to train its AI systems, the company said in the lawsuit. It added Google was able to impose such terms due to its search dominance, pointing to a federal court’s finding last year that the tech giant held a near 90% share of the US search market.

“We have a responsibility to proactively fight for the future of digital media and preserve its integrity – all of which is threatened by Google’s current actions,” Penske said.

It alleged that about 20% of Google searches that link to its sites now show AI Overviews, a share it expects to rise, and added that its affiliate revenue has fallen by more than a third from its peak by the end of 2024 as search traffic declined.

Online education company Chegg also sued Google in February, alleging that the search giant’s AI-generated overviews were eroding demand for original content and undermining publishers’ ability to compete.

Responding to Penske’s lawsuit, Google said on Saturday that AI overviews offer a better experience to users and send traffic to a wider variety of websites.

“With AI Overviews, people find Search more helpful and use it more, creating new opportunities for content to be discovered. We will defend against these meritless claims.” Google Spokesperson Jose Castaneda said.

A judge handed the company a rare antitrust win earlier this month by ruling that it will not have to sell its Chrome browser as part of efforts to open up competition in search.

The move disappointed some publishers and industry bodies, including the News/Media Alliance which has said the decision left publishers without the ability to opt out of AI overviews.

“All of the elements being negotiated with every other AI company doesn’t apply to Google because they have the market power to not engage in those healthy practices,” Danielle Coffey, CEO of the News/Media Alliance, a trade group representing more than 2,200 US-based publishers, told Reuters on Friday.

“When you have the massive scale and market power that Google has, you are not obligated to abide by the same norms. That is the problem.”

Coffey was referring to AI licensing deals firms such as ChatGPT-maker OpenAI have been signing with the likes of News Corp, Financial Times and The Atlantic. Google, whose Gemini chatbot competes with ChatGPT, has been slower to sign such deals.





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Cantor Fitzgerald Boosts Oracle (ORCL) Target as AI Demand Fuels Cloud Business

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Oracle Corporation (NYSE:ORCL) is one of the AI Stocks on Wall Street’s Radar.  On September 10, Cantor Fitzgerald analyst Thomas Blakey raised the price target on the stock to $400.00 (from $271.00) while maintaining an Overweight rating.

The price target raise follows Oracle’s booming AI-related contracts that are driving massive growth in its cloud business. The company reported 359% year-over-year growth in Remaining Performance Obligations (RPO), an increase of $317 billion.

It has also raised its Oracle Cloud Infrastructure (OCI) estimates with visibility and revenue guidance extending to fiscal year 2030. The firm sees upside potential when comparing the $317 billion to new contracts to the FY26-30 outlook.

Overall, the firm expects the stock to trade on long-term AI growth potential.

“RPO wowed investors with a 359% increase y/y and a $ increase of $317 billion as the who’s who of AI signed contracts with Oracle during the quarter. As a result, Oracle meaningfully increased its OCI estimates with visibility and OCI revenue guide out to F30, which appears to have more upside potential when comparing the $317b incremental contract signings to the cumulative F26-F30 OCI revenue guide. Given the dramatic shift upward in estimates, we believe shares will trade off out-year forecasts and note that our $400 PT is ~10.5x F28E EV/R (vs. from $271 & 11.5x prior), using our pro forma b/s, a slight premium to recent multiples and more than warranted, in our view, given Oracle’s positioning to benefit from secular growth trends in AI training and inferencing as well as potential upside to increased forecasts.”

Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider.

While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 AI Stocks In The Spotlight For Investors and 10 AI Stocks on Wall Street’s Radar.

Disclosure: None.



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Spending without thinking is a risk with unlimited contactless cards

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Kevin PeacheyCost of living correspondent and

Tommy LumbyBusiness data journalist

Getty Images Two young women taking selfies in a vintage clothes storeGetty Images

Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say.

At present, the need to press a four-digit PIN for purchases over £100 gives people a timely prompt about how much they are paying, lowering the risk of debt-fuelled purchases.

Earlier this week, the UK’s financial regulator proposed that banks and card providers set their own limits, or are allowed to remove them entirely. That would make entering a PIN even more of a rarity.

Banks, and some BBC readers, say consumers should be able to set their own contactless limits, as debate on the issue picks up ahead of a final decision later in the year.

Reckless or over-regulated?

Contactless payments have become part of everyday life for millions of people across the world.

When they were introduced in the UK in 2007, the transaction limit was set at £10. Increases in the threshold since then included relatively big jumps around the time of the pandemic, to £45 in 2020, then to £100 in October 2021.

They prompted surges in the average contactless spend.

A line chart titled ‘Average contactless spend surged after limits were raised’, showing the average monthly value of contactless payments on debit and credit cards in the UK, from January 2015 to June 2025. The average contactless credit card payment was £6.36 in January 2015. That grew gradually to £11.56 by March 2020, and then surged to £19.39 in April, after the contactless card payment limit rose to £45 in that month. It settled back down to £14.28 by September 2020, and stayed fairly level until September 2021, after which it rose sharply to £20.12 in December, after the contactless limit was raised to £100 in October. From there, it rose more gradually, to £21.94 in June 2025. Average payments for debit cards followed a broadly similar trend, starting at £6.64 in January 2015, growing to £9.73 by March 2020, and then surging to £18.79 in April. The average settled back down to £11.54 by September 2020, and stayed fairly level until September 2021, after which it rose sharply to £14.54 in December, and from there to £14.92 in June 2025. The source is UK Finance.

Clearly, the average would rise because more, higher value, purchases could be made via contactless, without a PIN.

But what is much harder to quantify is whether people were spending more frequently, and larger amounts, than would have been the case if they had needed to enter a PIN.

Richard Whittle, an economist at Salford Business School, says the extra convenience for consumers can come at a cost.

“If this ease of payment leads to consumers spending without thinking, they may be more likely to buy what they don’t really want or need,” he says.

He says this could be a particular issue with credit cards, when people are spending borrowed money and accumulating debt. He believes regulators should consider whether to have different rules for contactless credit cards than for contactless debit cards.

Stuart Mills, a lecturer in economics at the University of Leeds, says cash gives “visible and immediate feedback” on how much money you have, while a PIN is an “important friction point” for controlling spending.

“Removing such frictions, while offering some convenience benefits, is also likely to see many more people realising they’ve spent an awful lot more than they ever planned to,” he says.

Terezai Takacs stands in front of a display of a range of flowers, mostly roses.

Terezai says most customers pay via a device

Both these academics have raised this concern before, but this is not solely a theoretical argument.

In the Kent market town of Sevenoaks, shopper Robert Ryan told the BBC that entering a PIN “does give me a bit of a prompt to make sure I’m not overspending on my tap-and-go”.

However, the reality for many people is that, under pressure from the cost of living, they are rarely spending more than £100 in one go anyway, so contactless has become the norm.

Research by Barclays suggests nearly 95% of all eligible in-store card transactions were contactless in 2024.

Terezai Takacs, who works in a florists in Sevenoaks, says that over the last couple of years people were cutting back on spending, such as asking for smaller bouquets.

Technology takeover

Ms Takacs also points out that the majority of customers now pay via the digital wallet on their smartphone.

Paying this way already has an unlimited payment limit, owing to the in-built extra security features such as thumbprints or face ID.

Dr Whittle says that is likely to dilute the impact of raising the contactless card limit on spontaneous, or reckless, spending – because young people, in particular, are paying by phone.

Some say scrapping the contactless card limit is overdue, because it is far less relevant when people are accustomed to PIN-free spending on a phone.

“Regulators are finally catching up with how people actually pay,” says Hannah Fitzsimons, chief executive at fintech company Cashflow.

“Digital wallets on smartphones face no limits, so why should cards be stuck in the past?”

If the contactless card limit were to increase or be scrapped, then it would push the UK further on than much of Europe, and more in line with rules in other advanced economies.

In Canada, the industry sets the level rather than regulators, and it is set by providers in the US and Singapore – a model which the Financial Conduct Authority (FCA) wants to replicate in the UK.

Banks agree with the regulator, although UK Finance – the industry trade body – says “any changes will be made thoughtfully with security at the core”.

Personal choice

Banks and card providers that do change limits will be encouraged to allow customers to set their own thresholds, or turn off contactless entirely on their cards.

Gabby Collins, payments director at Lloyds Banking Group – the UK’s biggest bank, says: “Lloyds, Halifax and Bank of Scotland customers can already set their own contactless payment limits in our apps – in £5 steps, up to £100 – and we’re absolutely committed to keeping that flexibility.”

That option has support among some BBC readers, viewers and listeners who contacted us on this topic through Your Voice, Your BBC News.

Ben, aged 36, from London, told us: “The most important principle here is personal choice. I would like to set my own personal limit.

“It is my card and my choice based on convenience and risk tolerance. Some banks do not allow for this. This option has to be provided to everyone.”

Others have concerns over security, saying that unlimited contactless cards would become more of a temptation to thieves and fraudsters.

‘Limitless abuse’

Charities warn that not everyone has the digital skills to set their own limits. In other circumstances, it can have an extremely serious impact on people’s lives.

Sam Smethers, chief executive of Surviving Economic Abuse, says unlimited contactless cards give controlling partners the opportunity for limitless economic abuse.

“Unlimited contactless spending could give abusers free access to drain a survivor’s bank account with no checks or alerts,” she says.

“This could leave a survivor without the money they need to flee and reach safety, while pushing them even further into debt.”

She warns that it could also hasten the shift towards a cashless society.

Cash is a lifeline to many survivors because it was the only way to escape abusers who can monitor online transactions, withhold bank cards and close down bank accounts, she says.

Additional reporting by Andree Massiah



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