DEGEN Token Rises 17% Following Farcaster’s $150 Million Series A Funding
The blockchain-based social platform Farcaster, under the helm of Merkle Manufactory, has successfully secured a $150 million investment in its Series A funding round, significantly boosting the platform’s prospects and…
Disney reaches agreement to sell stake in Tata Play, reports Bloomberg News
In a significant move, Walt Disney has agreed to sell its stake in Tata Play, the satellite TV provider owned by India’s Tata Group. This deal values Tata Play at…
Nvidia projects higher-than-expected quarterly revenue and announces a stock split.
Nvidia Corp. on Wednesday forecast quarterly revenue above analysts’ estimates and announced a stock split, propelling its shares to record highs and capturing the attention of investors who have significantly…
Recruiting Startup SeekOut, Once Valued at $1.2 Billion, Cuts 30% of its Workforce
SeekOut, an eight-year-old recruitment startup utilizing AI for candidate discovery, reduced its workforce by approximately 30% last Thursday, May 16th. In a recent communication to employees, SeekOut’s CEO Anoop Gupta…
Bitcoin Reaches New Milestones in Local Currencies of Japan, Argentina, and the Philippines
Bitcoin has recently achieved notable gains, experiencing a 7% increase in a single day which propelled its value towards record highs in various countries across Asia and South America. As…
Former Florida Congressman Appointed to Coinbase Global Advisory Council
Kendrick Meek, the former House Representative for Florida’s 17th congressional district, has taken on a new role within the cryptocurrency sector by joining Coinbase’s Global Advisory Council. This move marks…
New York Attorney General Secures $2 Billion Settlement with Genesis to Compensate Investors
Letitia James, the Attorney General of New York, has achieved a significant legal victory, securing a $2 billion settlement with the cryptocurrency firm Genesis. This agreement aims to compensate investors…
Meta’s Oversight Board Hears its First Threads Case
Meta’s Oversight Board, initially established to handle content moderation decisions for platforms like Facebook, has now taken its jurisdiction to Threads, Instagram’s latest venture. This move introduces a new dynamic…
Aurora and Volvo Roll Out New Self-Driving Truck for Future Freight
Aurora Innovation and Volvo Autonomous Solutions have introduced a groundbreaking self-driving truck, the Volvo VNL Autonomous, which promises to shape the future of driverless freight transport. Unveiled at the ACT…
Nvidia’s Earnings Report May Trigger $200 Billion Market Shift, According to Options Data
NEW YORK – Traders are bracing for a significant movement in Nvidia’s shares following the chipmaker’s earnings report on Wednesday. However, current expectations for volatility are more subdued compared to…
Bitcoin Needs a $93K Valuation to Surpass Silver in Market Cap
In 2024, silver has notably outperformed Bitcoin, reclaiming its position as the eighth-largest asset by market cap, a spot it lost to Bitcoin in March. This resurgence in silver’s value…
Neuralink Gains FDA Approval for Second Brain Implant Procedure
Neuralink has secured approval from the FDA to conduct a second surgical implantation of its device into another patient, according to The Wall Street Journal. This development comes months after…
Massachusetts Confronts Uber and Lyft in Court Over Gig Worker Classification
Massachusetts’ attorney general, Andrea Joy Campbell, is taking Uber and Lyft to court in a landmark trial starting Monday, May 20th, alleging that the ride-sharing companies have improperly classified their…
Debate Intensifies Over the Importance of Decentralization in Crypto
On May 19, Ethereum researcher Dankrad Feist ignited a spirited discussion on the social platform X by proclaiming Ethereum as a true embodiment of the cryptocurrency vision. Feist’s assertion that…
Google may consider transitioning to TSMC for upcoming Pixel phone chipsets
Google may soon change its chipset manufacturer for upcoming Pixel phones, potentially shifting its Tensor chip production to TSMC starting next year. This news comes from the leaker @Revegnus1, who…
Apple needs to address the issue of deleted photos reappearing.
In a recent update, Apple released a patch for iOS and iPadOS 17.5.1, addressing a significant issue that had caused considerable concern among users. The update aims to fix a…
Accelerated Developments in Ether ETF Filings, Yet Approval Remains Uncertain
Stock exchanges aiming to list and trade shares of spot ether (ETH) exchange-traded funds (ETFs) have been promptly instructed by regulators to update their key filings. This sudden regulatory activity…
Ethereum’s Price Soars 18% Amid Optimism for Spot Ether ETF Approvals
Ethereum (ETH) has witnessed a dramatic 18% rise in just 24 hours, fueled by renewed optimism that spot Ether exchange-traded funds (ETFs) might receive regulatory approval soon. This surge occurs…
Analysts Suggest SEC May Reconsider Denial of Spot Ether ETF
Recent discussions within the financial community have prompted two Bloomberg ETF analysts, James Seyffart and Eric Balchunas, to reassess their expectations regarding the U.S. Securities and Exchange Commission’s (SEC) stance…
Scarlett Johansson Demands Clarity on ChatGPT Voice Mirroring ‘Her’ Character
OpenAI has decided to pause the use of a voice in its ChatGPT model named “Sky” following feedback from users and a legal inquiry initiated by actress Scarlett Johansson. The…