EDX Markets Sees $36 Billion Trading Volume Surge in 2024
Crypto exchange EDX Markets has reported impressive trading activity in 2024, with over $36 billion in volume generated since January from institutional clients. The exchange has experienced significant growth, particularly…
Ford Faces $165 Million Penalty Over Delayed Rearview Camera Recall
Ford Motor Company has agreed to pay up to $165 million in penalties after the National Highway Traffic Safety Administration (NHTSA) found the automaker failed to promptly address a recall…
AMD Cuts Workforce by 4 Percent as Competition in AI Chip Market Heats Up
AMD is set to reduce its workforce by 4%, translating to approximately 1,000 employees, as part of a strategic move to strengthen its position in the artificial intelligence (AI) chip…
Trump Nominates RFK Jr., a Vocal Anti-Vaccine Advocate, as Secretary of Health and Human Services
President-elect Donald Trump has nominated Robert F. Kennedy Jr., an anti-vaccine activist and former 2024 presidential candidate, to lead the Department of Health and Human Services (HHS). Kennedy, who endorsed…
TikTok Adds Lemon8 Integration Amid U.S. Ban Threat
TikTok users can now directly access ByteDance’s latest social media app, Lemon8, using their TikTok login, enabling seamless cross-sharing between the two platforms. Announced on Tuesday, the integration will let…
Nvidia and SoftBank Unveil First AI and 5G Telecom Network
Chipmaker Nvidia and SoftBank Corp have launched a pilot for the world’s first telecom network that combines artificial intelligence (AI) and 5G technology. Announced on Wednesday, this collaboration pioneers a…
Coinbase Unveils COIN50 Index for Global Digital Asset Tracking
Coinbase has expanded its offerings with the introduction of a new index, the Coinbase 50 Index (COIN50), which monitors over 50 digital currencies available on its platform. Announced on November…
Meta Cuts EU Ad-Free Prices by 40%, Adds Unskippable Ads for Free Users
Meta, under mounting pressure from European regulators, announced a 40% price cut for its ad-free Facebook and Instagram plans within the EU. Starting November 13, Meta’s ad-free plans now cost…
Tesla’s Cybertruck Hits Sixth Recall in a Year for Faulty Inverters
Tesla’s Cybertruck is facing yet another setback. The automaker just issued its sixth recall for the steel-bodied pickup, affecting 2,431 units built between November 2023 and July 2024. Tesla’s latest…
Cryptocurrency Markets Approach ‘Extreme Greed,’ Potential Deleveraging Ahead of $100K Bitcoin
As cryptocurrency markets experience a sharp upward trajectory, signs of overheating are emerging, with some market leaders cautioning about a potential deleveraging phase before further gains. On November 12, the…
Caitlyn Jenner Sued by Investors Over JENNER Memecoin Controversy
On November 13, a class-action lawsuit was initiated by Naeem Azad and Mihai Caluseru, citizens of the United Kingdom and Romania, respectively. Filed in a California federal court, the suit…
Tragic End for Crypto Influencer Kevin Mirshahi Found in Montreal After Abduction
In a grim development, the decomposing body of Kevin Mirshahi, a noted crypto influencer, was discovered in Île-de-la-Visitation park, Montreal. Local media reported that a passerby found Mirshahi’s remains on…
Meta Partners with US, UK Universities to Test VR in Classrooms
Meta is taking a big step to get virtual reality (VR) into classrooms, partnering with 13 universities across the U.S. and U.K. to see how VR might actually work for…
23andMe Cuts 40% of Staff as Revenue Falls
23andMe just dropped some major news in a tough year for the genetic testing company. After months of financial challenges, data breaches, and leadership shakeups, the company has announced that…
Guardian Pulls Official Accounts from Musk’s X
The Guardian has announced it will no longer post on X, the social media platform owned by Elon Musk and formerly known as Twitter. The decision, affecting more than 80…
Bluesky Soars with 1.25 Million New Users Post U.S. Election
In the wake of the recent U.S. presidential election, the social media platform Bluesky has experienced a significant surge in users. Bluesky reported an influx of 1.25 million new users…
Final Media Buys by Crypto PAC Target Wisconsin Before US Election Day
In a strategic maneuver on the eve of the US Election Day, the cryptocurrency political action committee (Crypto PAC) directed its last media purchases towards Wisconsin. This decisive move underscores…
Apple Faces $3.8 Billion UK Lawsuit Over Alleged iCloud Monopoly
Apple finds itself at the center of a £3 billion lawsuit in the United Kingdom, claiming the tech giant has violated competition laws by imposing inflated prices on its iCloud…
Apple Reportedly Bringing AI-Powered Smart Home Hub to Walls in 2025
Apple may be preparing to join the smart home market in 2025 with a wall-mounted tablet designed to control home appliances, make video calls, and feature Apple Intelligence. According to…
Investor Loses $6 Million in GIGA Tokens to Phishing Scam Involving Fake Zoom Link
A significant phishing attack targeting a well-known memecoin investor resulted in a loss of $6.09 million, striking a major blow to the victim and sparking widespread concern within the cryptocurrency…