IREN Faces Lawsuit Over Alleged Overstatements in Computing Capabilities
IREN, previously known as Iris Energy, is currently facing a class-action lawsuit from investors who claim that the crypto mining company misrepresented the capabilities and readiness of its high-performance computing…
Crypto-Mining Malware Infects 28,000 Users But Nets Only $6,000
A recently discovered malware, which infected tens of thousands of devices, managed to yield surprisingly low profits for the effort involved. Cybersecurity firm Doctor Web reported on October 8 that…
Amazon launches AI tech to streamline package deliveries
Amazon announced on Wednesday the launch of Vision-Assisted Package Retrieval (VAPR), an AI-powered technology designed to streamline package deliveries for its electric vehicle fleet. The new system, which integrates vision-based…
Cardano Implements Argentina’s First Legally Enforceable Smart Contract
The Cardano blockchain is pioneering legal technology in Argentina by hosting the first smart contract that is enforceable under Argentine law. This development represents a significant integration of blockchain technology…
Bluesky Uses Meta’s Moderation Woes to Draw Users to Its Platform
Bluesky has gained attention on Threads, Meta’s social media platform, as more users express frustrations over Meta’s content moderation. Meta has been facing criticism for its moderation policies on Threads,…
Amazon’s latest warehouse tech to deploy 10 times more robots
At its Delivering the Future event on Wednesday, Amazon revealed plans for its next-generation robot-powered delivery warehouses. The first of these advanced fulfillment centers is located in Shreveport, Louisiana. Spanning…
Ryan Salame Seeks to Delay Prison Report Date to December 7
Ryan Salame, formerly co-CEO of FTX Digital Markets, is set to commence a prison sentence of seven-and-a-half years. However, recent developments have led him to request a postponement of his…
Canva Reverses Price Hike After Customer Backlash
Canva has reversed its decision to raise prices by up to 300% for long-term customers, responding to backlash from small businesses and other users. Initially, the Sydney-based design software company,…
VanEck Announces $30 Million Ventures Fund Focused on Cryptocurrency and AI Startups
VanEck, a prominent issuer of spot Bitcoin exchange-traded funds (ETFs) in the United States, is broadening its investment strategy with the launch of VanEck Ventures. This new venture capital fund,…
Spotify introduces free streaming in South Korea
Spotify, the global audio streaming platform, announced on Thursday that it has introduced a free music and podcasts option in South Korea. This move aims to expand its audience base…
Wirex Pay Introduces Non-Custodial Crypto Payment Options
Wirex, a Web3 money application, recently unveiled its new payment solution, Wirex Pay, designed to facilitate transactions using cryptocurrencies directly from users’ non-custodial wallets. This development reflects a growing trend…
DOJ Considers Breaking Up Google to Stop Search Monopoly
The Department of Justice (DOJ) has escalated its efforts to curb Google’s dominance in the search engine market, with proposals that could lead to the breakup of the tech giant.…
NFT Holders Sue Art Gallery, Alleging Breach of Metaverse Promises
A group of 36 non-fungible token (NFT) holders has filed a lawsuit against Eden Gallery and artist Gal Yosef, claiming they failed to fulfill promises related to a metaverse-based private…
Bitcoin Drops to $59K as Altcoins Struggle with Regulatory Hurdles
Bitcoin has fallen below the $60,000 mark for the first time since September 18, leading market participants to speculate about the possibility of further declines. As of October 10, Bitcoin’s…
No, YouTube Is Not Removing the Skip Button on Ads
YouTube has confirmed that the option to skip ads is here to stay, but with a new look, as confirmed by The Verge. Recent concerns over the disappearance of the…
Tesla’s Cybercab Robotaxi is Finally Here
Tesla has officially revealed its Cybercab robotaxi, showcasing 20 vehicles at its “We, Robot” event held at Warner Bros. Discovery’s studio in California. Six months after teasing its launch, CEO…
Lyft Rolls Out Upfront Pay and Traffic Delay Compensation For Drivers
Lyft has introduced several new measures to improve driver earnings, including upfront hourly rates and compensation for traffic delays. This change aims to offer more transparency and fairness to drivers…
Consecutive Hurricanes Disrupt Final Weeks of 2024 Presidential Campaign
The 2024 presidential election has been uniquely impacted by the consecutive hurricanes, Helene and Milton, which have not only caused widespread devastation but have also become central themes in the…
Nintendo Seeks 10,000 Testers for New Switch Online Feature
Nintendo has launched a search for 10,000 testers, offering them first access to a mysterious new Switch Online feature. While the announcement provides few details and offers no concrete hints…
Nvidia shares rally 25 percent as AI demand drives growth
Nvidia’s stock has climbed 25% over the past month, approaching record highs ahead of key tech earnings reports from top clients, including Meta, Microsoft, and Alphabet. These companies are expected…