Latest FTX Bankruptcy Twist May Compromise Small Creditors
In a recent twist in the FTX bankruptcy saga, a substantial claim against FTX EU—formerly known as K-DNA Financial Services—has been transferred to FTXcreditor, a move that could both streamline…
TSMC reports no damage to its Arizona facilities following the incident.
Taipei – Taiwanese chipmaker TSMC confirmed on Thursday that there was no damage to its facilities after an incident occurred at its Arizona factory construction site. The incident involved a…
Humanity Protocol Valued at $1 Billion Following $30M Funding Round
Humanity Protocol, a decentralized identity solution, has recently achieved unicorn status with a valuation of $1 billion after a successful $30 million fundraising round. This round was led by Kingsway…
Vanguard’s New CEO Confirms No Plans for Bitcoin ETF, Upholding Firm’s Investment Strategy
Salim Ramji, soon to be the new chief executive of Vanguard and the former head of BlackRock’s global ETF business, has confirmed that Vanguard will not deviate from its current…
TikTok Creators Sue U.S. Government to Prevent App Ban
A coalition of TikTok influencers has initiated a lawsuit against the U.S. government, challenging a legislative move that could force the sale of the app’s parent company, ByteDance, effectively banning…
LanceDB secures a big $11M to develop an open-source multimodal AI database
Traditional tabular databases, long the backbone of data management, are proving inadequate in the AI era. These conventional systems struggle to manage complex data types such as vectors, images, videos,…
Apple Introduces Eye-Tracking in iPhones and iPads
Apple has announced the introduction of eye-tracking capabilities to recent iPhone and iPad models, enhancing accessibility features across its devices. This update arrives just in time for Global Accessibility Awareness…
Snowflake invests in Metaplane to address data quality challenges hindering AI development.
Today, Snowflake announced an investment in Metaplane, a Boston-based startup specializing in identifying and rectifying data quality issues using an end-to-end AI-powered platform. Although the investment amount remains undisclosed, Snowflake…
Apple to integrate its proprietary chips into data servers to enhance iOS 18’s AI capabilities.
Apple is poised to revolutionize its data centers by integrating its own high-end chips to enhance AI features in the forthcoming iOS 18. According to insiders familiar with the plans,…
Worldcoin Enhances Biometric Security by Open-Sourcing Its Data System
In a significant development for biometric data protection, the Worldcoin Foundation, recognized for its innovative iris biometric cryptocurrency project, has taken a proactive step by open-sourcing its secure multi-party computation…
UN Report: North Korea Funneled $147.5 Million Through Tornado Cash
In a startling development reported by Reuters, entities linked to the North Korean regime reportedly used the privacy-enhancing protocol Tornado Cash to launder approximately $150 million in stolen cryptocurrency in…
Intuitive Machines Aims to Assist NASA in Retrieving Mars Samples
Intuitive Machines is aiming to leverage its lunar technology for NASA’s Mars Sample Return (MSR) mission. The company, having achieved a historic milestone by being the first private entity to…
Former Biden Adviser Advocates for Education Over Regulation in Crypto Sector Post-FTX Collapse
In the aftermath of the FTX collapse, which led to a staggering $8.9 billion loss for users, Moe Vela, former senior adviser to President Joe Biden and current senior adviser…
Tesla Sued Over Air Pollution Claims at Fremont Factory
Tesla faces legal challenges over environmental concerns at its Fremont, California factory, as the Environmental Democracy Project has filed a lawsuit alleging Tesla’s non-compliance with the Clean Air Act. This…
Circle’s Strategic Relocation to the U.S. in Preparation for IPO
Circle Internet Financial, known for its operation of USD Coin, the world’s second-largest stablecoin, is shifting its legal base from Ireland to the United States. This move is set against…
Meta Faces EU Probe Over Child Safety and Behavioral Addictions
The European Commission has officially launched a rigorous investigation into Meta Platforms Inc. to assess potential violations of the Digital Services Act (DSA). This investigation targets the social media giant’s…
$20 Million Hack Paralyzes Sonne Finance, Hacker Unresponsive to Negotiation Efforts
On the evening of May 14, Sonne Finance, a prominent lending protocol, experienced a severe security breach that resulted in the theft of $20 million in cryptocurrencies. The hack targeted…
OpenAI Forms Partnership with Reddit to Access User Data for AI Training
OpenAI has announced a strategic partnership with Reddit, gaining access to a real-time feed of Reddit’s content, including posts and replies. This collaboration is aimed at enhancing OpenAI’s conversational AI,…
Massive Influx of Over 1 Million New Crypto Tokens Since April Marks Industry Boom
The cryptocurrency landscape has experienced a significant boom in token creation, with more than one million new tokens introduced since the beginning of April across various platforms, predominantly on Ethereum…
OpenAI’s Leadership Shakeup Intensifies as Jan Leike Resigns
OpenAI faces a leadership crisis marked by the exit of key safety-focused members. This trend began with Leopold Aschenbrenner’s departure due to alleged information leaks, followed by Daniel Kokotajlo and…