EU Extends Digital Markets Act to Apple’s iPadOS
Apple’s iPadOS will now need to adhere to the European Union’s Digital Markets Act (DMA). This decision, announced by the European Commission on Monday, April 29th, increases the number of…
According to IDC, Samsung surpasses Apple as the leading phonemaker as iPhone shipments decline.
In a recent report by research firm IDC, it has been revealed that Apple Inc. (AAPL.O) experienced a notable decline in smartphone shipments, marking a downturn of approximately 10% in…
BlackRock’s iShares Bitcoin Trust Records First Zero Inflow Day
The U.S. Bitcoin ETF market, since its inception with the launch of BlackRock’s iShares Bitcoin Trust (IBIT) on January 11, has experienced remarkable investor engagement. However, recent trends suggest a…
Terraform Labs Advocates for $1M Fine in SEC Lawsuit, Opposes Disgorgement
Terraform Labs and its co-founder, Do Kwon, are embroiled in a significant legal battle with the United States Securities and Exchange Commission (SEC). Following a jury verdict that found them…
ConsenSys Challenges SEC, Seeks Court Decision Declaring Ethereum Not a Security
ConsenSys, a pivotal figure within the Ethereum ecosystem, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court.…
Lawsuit Filed Against Meta for False Celebrity Endorsements in Investment Advertisements
Four individuals have initiated legal proceedings against Meta Platforms Inc.’s Japanese subsidiary for allegedly allowing fraudulent investment advertisements featuring counterfeit celebrity endorsements on its platforms, Facebook and Instagram. The lawsuit,…
Aligned Layer Garners $20M in Series A Funding to Enhance ZK Proofs on Ethereum
The Ethereum blockchain, a cornerstone of the cryptocurrency world, is on the brink of an efficiency transformation with Aligned Layer’s latest financial injection aimed at enhancing Zero-Knowledge (ZK) proofs, a…
Cobot proudly reveals innovative non-humanoid robots, announces $100M Series B.
The burgeoning field of robotics, traditionally dominated by applications in heavy industry and scientific research, is experiencing a significant shift as startups like Sunnyvale, California’s Collaborative Robotics, commonly known as…
Navigating the Future: U.S. Stablecoin Legislation and Its Impact on Banks and Global Issuers
The introduction of the Payment Stablecoin Act to the United States Senate represents a significant legislative effort aimed at regulating the stablecoin market. This move has the potential to reshape…
Apple and OpenAI in Talks for Chatbot Integration in iOS 18
Apple is reportedly enhancing its collaboration with OpenAI to possibly integrate OpenAI’s technologies into iOS 18, as part of its broader strategy to bolster AI capabilities on the iPhone. This…
AMD and Intel shares fall after China orders removal of foreign chips
Shares of major U.S. semiconductor companies, Advanced Micro Devices (AMD) and Intel, experienced a sharp decline on Friday following a report by The Wall Street Journal. According to the report,…
39% of Canadian Institutional Investors Now Hold Crypto Assets, Reports KPMG
In recent years, the cryptocurrency market has matured significantly, attracting not only retail investors but also substantial interest from institutional players. According to a recent survey by KPMG, there has…
OpenAI Faces New GDPR Complaint in EU
OpenAI is currently facing another privacy complaint in the European Union, this time initiated by the privacy rights nonprofit noyb, which represents an unnamed public figure. The complaint, filed with…
U.S. Arrests William Morro in Connection with the OneCoin Cryptocurrency Fraud
The OneCoin crypto scheme remains one of the most notorious financial scandals, leaving a significant mark in the annals of financial crimes. The latest development involves the U.S. Justice Department’s…
Thousands of Explicit AI ‘Girlfriend’ Ads Discovered on Meta Platforms
Meta is currently dealing with a surge of explicit AI “girlfriend” advertisements on its platforms, which seem to contravene its strict policy against adult content in advertising. According to a…
Australia Surpasses 1,000 Bitcoin ATM Milestone, Aligns with US and Canada
Australia has recently marked a significant achievement in the global cryptocurrency landscape by surpassing 1,000 active Bitcoin ATMs, joining the United States and Canada as one of the leading nations…
Sanctuary’s Latest Humanoid Robot Promises Faster Learning and Lower Costs
Sanctuary AI, a Canadian company less frequently discussed alongside prominent humanoid robotics firms like Boston Dynamics, Agility, Figure, and 1X, has recently unveiled the seventh generation of its Phoenix robot…
Alphabet approaches a big $2 trillion valuation as investors applaud advancements in AI
In recent times, Alphabet Inc, the parent company of Google, has seen a significant shift in investor sentiment regarding its artificial intelligence (AI) strategy. After a period characterized by various…
Xaira Launches with $1 Billion to Pioneer AI-Driven Drug Discovery
Xaira Therapeutics, an AI drug discovery startup, recently launched with a remarkable $1 billion funding, backed by prominent investors like ARCH Venture Partners and Foresite Labs. The company, led by…