Intel Avoids UK Sales Ban in Patent Dispute with R2
Intel secured a legal victory in London on Wednesday, defeating U.S. competitor R2 Semiconductor in a significant patent dispute. The case revolved around R2’s claim that Intel had infringed on…
Research Suggests Bots are Behind Solana’s Surge Ahead of Ethereum
This week, Solana has surpassed Ethereum in various performance metrics, yet a new research article raises concerns about the authenticity of this activity. According to a study by the pseudonymous…
Tether Achieves Record $5.2 Billion Profit in first half of 2024
On July 31, Tether, the issuer of the dollar-pegged USDT stablecoin, unveiled its impressive financial performance for the first half of 2024. The company reported a record-breaking profit of $5.2…
Potential U.S. Restrictions on AI Memory Chips Could Impact China’s Tech Sector
The United States is contemplating new unilateral restrictions on China’s access to advanced AI memory chips, specifically targeting products from companies like Micron Technology, SK Hynix, and Samsung, according to…
NASA Shifts from Cable to Streaming with NASA+
NASA is set to shut down its NASA TV cable channel in late August, transitioning all its content to the on-demand streaming service, NASA+. The agency’s modernization efforts are focused…
Trump Accuses Harris of Opportunistically Changing Racial Identity During Tense Exchange with Black Journalists
Donald Trump made headlines with a controversial appearance at a conference hosted by the National Association of Black Journalists (NABJ). During a contentious question-and-answer session, Trump’s remarks about Vice President…
SEC Accuses BitClout Creator Nader Al-Naji of Fraudulent Practices
On July 30, the United States Securities and Exchange Commission (SEC), in coordination with the US Attorney’s Office for the Southern District of New York, announced formal charges against Nader…
Binance Labs Funds Liquid Staking Platform aPriori
Binance’s venture capital arm has recently expanded its investment portfolio by funding aPriori, a promising liquid staking protocol operating on the Monad network. This investment, announced on July 30, highlights…
Federal Ruling: Amazon Accountable for Dangerous Third-Party Products
The US Consumer Product Safety Commission (CPSC) has ruled that Amazon is legally responsible for recalling hazardous products sold by third-party sellers on its platform. In a unanimous decision, the…
Nvidia Gains Momentum with 13% Stock Surge
Nvidia shares jumped 13% on Wednesday following remarks from major customer Microsoft and rival chipmaker AMD, suggesting that the demand for AI server infrastructure, heavily reliant on Nvidia’s GPUs, remains…
Trust Wallet Collaborates with TON to Enhance Blockchain Utilization
Trust Wallet, a prominent self-custody Web3 wallet provider, has entered into a strategic partnership with The Open Network (TON) to accelerate the adoption of blockchain technology. This collaboration is set…
Meta Agrees to Pay $1.4 Billion in Texas Biometric Data Lawsuit
Meta Platforms, the parent company of Facebook, has agreed to a $1.4 billion settlement with the state of Texas. The settlement resolves a lawsuit accusing Meta of illegally using facial…
Harris Refines Policy Strategy in Anticipation of Electoral Showdown with Trump
Vice President Kamala Harris faces the intricate challenge of fine-tuning her policy agenda to resonate with American voters, a crucial task for any presidential hopeful, particularly under unique circumstances this…
Samsung’s Galaxy Z Flip Finds New Role as Police Bodycam
Samsung has recently highlighted an unconventional use of its Galaxy Z Flip series smartphones, promoting them as tools for law enforcement. In a recent post on Samsung’s newsroom, the company…
Ethereum Spot ETFs Record Positive Net Inflows with $34M Gained on July 30
For the first time since their inception, United States-listed spot Ethereum exchange-traded funds (ETFs) have experienced a shift to net positive daily inflows, marking a significant reversal from the consistent…
Google’s AI Ad Faces Backlash Over Tone-Deaf Messaging
Google’s recent Olympics-themed AI advertisement has stirred significant controversy, drawing criticism for its perceived insensitivity and misalignment with genuine human experiences. The ad, which aired during the Olympics broadcast, showcases…
OpenAI Rolls Out Advanced Voice Mode for ChatGPT to Select Users
OpenAI has begun rolling out an advanced Voice Mode for ChatGPT, designed to enhance the user experience with more natural, real-time conversations. Starting today, July 31, a select group of…
Artists File Lawsuit Against SEC to Clarify NFTs’ Status as Securities
Two artists have initiated a lawsuit against the United States Securities and Exchange Commission (SEC) to establish whether non-fungible tokens (NFTs) are subject to the commission’s jurisdiction. This legal action…
Fisker Faces Potential Liquidation as Heights Capital Seeks Chapter 7
Fisker, an electric vehicle (EV) startup, is at a critical juncture in its bankruptcy proceedings, with its primary secured lender, Heights Capital Management, playing a central role. The main issue…
U.S. Government Possesses $12 Billion in Bitcoin, Reports Arkham Intelligence
The United States government currently stands as the largest geopolitical holder of Bitcoin, maintaining control over approximately 183,000 units of this decentralized digital currency. As per the latest market values,…