FTX Creditors to Decide Between Cash and Crypto for Repayment
FTX, once among the world’s leading cryptocurrency exchanges, has received court approval to present a crucial decision to its creditors: choosing between receiving their recovered funds in cash or in…
Amazon is creating its own AI chatbot to rival ChatGPT, but is the timing right?
In a significant move within the tech industry, Amazon is developing an advanced AI-powered chatbot intended to rival OpenAI’s ChatGPT. Fresh off the news about an upgraded version of Alexa…
Major Record Labels Sue AI Companies Suno and Udio for Copyright Infringement
Major record labels, including Sony Music, Universal Music Group, and Warner Records, have filed lawsuits against AI companies Suno and Udio, alleging mass copyright infringement. The lawsuits claim that these…
Toys ‘R’ Us uses OpenAI’s Sora to create a brand film about its origins, and it’s unsettling.
The rise of artificial intelligence in the media and entertainment industries has sparked widespread concern. Programs like OpenAI’s text-to-video creator Sora are feared to be potential replacements for human artistic…
Accuses Microsoft of Violating Antitrust Laws by Illegally Bundling Teams with Office Suite
In a significant development on Tuesday, the European Commission formally accused Microsoft of violating antitrust regulations by integrating its Teams application with the widely used Office suites, including Office 365…
Nvidia’s Market Value Drops by $500 Billion, Losing Its Title as ‘Most Valuable Company’
In the rapidly evolving tech landscape, Artificial Intelligence (AI) has emerged as a pivotal force, driving innovation and commanding significant economic influence. Nvidia, a leader in the production of AI-capable…
Used EV Prices Plunge as Buyers Pivot to Hybrid Vehicles
Used electric vehicles (EVs) are now cheaper than their gasoline counterparts, with the price gap widening sharply since early 2024. According to a recent iSeeCars report, the average price of…
Hut 8 Secures $150M Investment from Coatue Management Amid AI Expansion
In a significant move reflecting the convergence of cryptocurrency and artificial intelligence (AI) technologies, Coatue Management, led by billionaire investor Philippe Laffont, has committed to a $150-million investment into Bitcoin…
Tesla Issues Another Recall for All Cybertruck Models
Tesla, the pioneering electric vehicle manufacturer, has recently announced a significant recall impacting over 11,000 of its Cybertruck vehicles, all from the 2024 model year. This recall, stemming from an…
Tether Ceases USDT Issuance on Eos and Algorand Blockchains
Tether, the company behind the largest United States dollar-pegged stablecoin USDT, has announced significant changes in its operations by discontinuing the issuance of new USDT tokens on the Eos and…
EU Accuses Apple of Violating Tech Rules
European Union regulators accused Apple of breaching the Digital Markets Act (DMA) for restricting App Store customers from accessing alternative options. The European Commission highlighted that Apple’s fees for developers…
Report Identifies Coinbase as the Most Impersonated Crypto Brand by Scammers
In the evolving landscape of Web3 security, a recent survey has revealed that the Coinbase cryptocurrency exchange is the most frequently impersonated brand by scammers within the sector. This alarming…
Rocketlane snags $24M to bring AI-led experiences for professional services teams
Rocketlane, a SaaS startup catering to professional services teams across the U.S., India, and Europe with its innovative automation platform, has secured $24 million in fresh investment. This funding will…
Shopify Broadens Availability of AI-Powered Tools to Entice Additional Businesses
Shopify, a leading global e-commerce platform headquartered in Canada, announced on Monday significant enhancements to its suite of tools, aimed at increasing platform functionality and broadening its user base. At…
Google is reportedly developing innovative AI chatbots modeled after celebrities and influencers.
Google is reportedly developing new AI-powered chatbots modeled after celebrities and YouTube influencers, aiming to enhance user engagement with innovative virtual personalities. This move follows the footsteps of startups like…
TechWolf Secures $43 Million to Revolutionize Internal Recruiting with AI
A startup from Ghent, Belgium, called TechWolf is addressing this need uniquely by building an AI engine that ingests data from internal workflows to learn about the people doing that…
CoinShares Achieves 116% Recovery from Sale of FTX Claim
CoinShares International, a prominent European investment firm specializing in digital assets, recently announced the successful sale of its claim against the bankrupt cryptocurrency exchange, FTX. This milestone is significant as…
SlowMist Alerts to Surge in Phishing Attacks Within TON Ecosystem
The Open Network (TON), a blockchain platform closely associated with the Telegram messaging service, is experiencing a significant increase in phishing attacks, as reported by security experts. This uptick in…
Starliner Crew’s Return to Earth Delayed Again Due to Technical Issues
Astronauts Butch Wilmore and Suni Williams, participants in Boeing’s Starliner craft’s inaugural crewed mission, face further delays in their return from the International Space Station (ISS). Originally scheduled to leave…
Substrate Secures a huge $8M Funding to Revolutionize Enterprise AI with ‘Lego Blocks’ Method
Substrate, a startup founded by tech industry veterans Rob Cheung and Ben Guo, has emerged from stealth to launch its artificial intelligence development platform. The company also announced an $8…