FTC and Justice Department Sue TikTok for Alleged Child Privacy Violations
The U.S. Federal Trade Commission (FTC) and the Department of Justice (DoJ) have filed a lawsuit against TikTok and its parent company, ByteDance, alleging violations of the Children’s Online Privacy…
Nvidia AI Chip Delay Threatens Major Tech Giants
Nvidia‘s upcoming artificial intelligence (AI) chips could face a delay of three months or more due to design flaws, according to a report by tech-focused publication The Information on Friday.…
Suno Defends AI Model Training on Copyrighted Music as ‘Fair Use’
Suno, a music generation startup, acknowledged in a court filing on Thursday that it trained its AI model using copyrighted songs, asserting that this practice falls under the fair-use doctrine.…
Digital Chamber Advocates for Senate Support on Lummis’ Bitcoin Reserve Bill
The Digital Chamber, a leading advocate for digital assets in the United States, is actively encouraging US lawmakers to support a groundbreaking bill that aims to integrate Bitcoin into the…
Skype Drops Ads and Adds New AI Features in Latest Update
Microsoft announced that Skype will go ad-free in its latest update, as revealed in a recent blog post. The update eliminates ads from all parts of the platform, including Skype…
New York Authorities File Charges Against Fraudulent Crypto Recovery Firm
Manhattan District Attorney Alvin Bragg has recently unveiled criminal charges against an individual accused of orchestrating a deceitful cryptocurrency asset recovery business. The charges highlight the ongoing efforts by New…
Nvidia Thrives, but Not All Chipmakers Benefit from AI Surge
Recent earnings reports reveal that not all semiconductor companies are reaping the benefits of the AI boom, highlighting the complexities of the semiconductor supply chain and the varying dominance of…
Crypto.com Outstrips Coinbase in Trading Volume Due to Rising Institutional Interest
Crypto.com has recently overtaken Coinbase in terms of trading volume, marking a significant achievement for the centralized crypto exchange (CEX). According to the latest data from Messari, Crypto.com recorded a…
23andMe CEO Anne Wojcicki Proposes Buyout to Take Company Private
23andMe CEO Anne Wojcicki has proposed taking the genetic testing company private, as the stock price remains below $1. According to a recent filing with the U.S. Securities and Exchange…
Trump Campaign Reports $137 Million Raised in July, Falling Short of Harris’ First-Week Total
On Thursday, the campaign for Republican former President Donald Trump and its affiliated entities revealed that they raised $138.7 million in July. This amount is notably less than the fundraising…
Nvidia’s AI Chip Dominance Triggers Antitrust Probe Calls
Nvidia is facing calls for an antitrust investigation from Sen. Elizabeth Warren, D-Mass., and several progressive groups over its dominance in the AI chip market. Controlling about 80% of the…
Meta’s Reality Labs Unit Reports $4.5 Billion Loss in Q2
Meta’s Reality Labs unit, which focuses on the company’s metaverse technologies, reported a substantial operating loss of $4.48 billion for the second quarter. The Reality Labs division, which includes products…
Former CNN Anchor Don Lemon Sues Elon Musk and X Over Cancelled Show
Former CNN anchor Don Lemon has filed a lawsuit against Elon Musk and X Corp, the social media platform formerly known as Twitter, alleging fraud and breach of contract after…
Arm’s Guidance Triggers 7% Decline in Semiconductor Index
U.S. chip stocks experienced their worst day since 2020 on Thursday, with a significant drop triggered by a conservative forecast from Arm Holdings, which dampened investor optimism about artificial intelligence…
Apple Leverages AI for iPhone Upgrades as China Sales Lag
Apple reported better-than-expected third-quarter iPhone sales and forecast further gains, betting on artificial intelligence to attract buyers despite disappointing overall performance in China. Following the announcement, Apple’s shares rose nearly…
Senator Lummis Introduces Bitcoin Strategic Reserve Bill in Senate
On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, a legislative proposal aimed at establishing a reserve fund for Bitcoin, a scarce decentralized asset. The bill…
Biden Adviser Involved in Crypto Discussions to Join Harris-Supporting Super PAC
Anita Dunn, a senior adviser to President Joe Biden, is reportedly on her way out of the White House to join a political action committee (PAC) that supports Vice President…
Wisconsin Introduces New Tracker to Combat Cryptocurrency Fraud and Investment Scams
The Wisconsin Department of Financial Institutions (DFI) has taken a significant step forward in the fight against financial fraud by launching a publicly accessible investment scam tracker. This innovative tool…
Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America
Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…
Full Lyrics Access Back for Spotify’s Free Users
Spotify has recently announced that it will reinstate full lyrics access for free users, allowing them to view lyrics for any song without limitations. This change marks a reversal of…