Reddit to Experiment with AI in Search Results
Reddit is set to introduce AI-generated summaries at the top of search results, aiming to enhance user experience by summarizing and recommending content. CEO Steve Huffman announced during Tuesday’s earnings…
Biden Expresses Doubts About Peaceful Transfer of Power if Trump Loses 2024 Election
In a recent interview with CBS News, President Joe Biden voiced significant concerns regarding the peaceful transfer of power should former President Donald Trump lose in the upcoming fall election.…
Nasdaq Seeks Regulatory Approval to List Options for Spot Ethereum ETFs
Nasdaq has officially approached U.S. regulators with a proposal to allow options trading on spot Ethereum exchange-traded funds (ETFs), according to a regulatory filing dated August 6. This request specifically…
Crypto Coalition Advocates for Definitive Regulatory Framework from Biden Administration
A coalition of cryptocurrency firms has intensified calls for the Biden administration to establish a definitive regulatory framework for digital assets, emphasizing the potential economic and national security benefits for…
Tech CEOs Reverse RTO Mandates with Only 3% Requiring Full-Time Office Work
Tech firms have spent the last two years urging workers back into the office, often using layoffs as a threat. Even Zoom shifted back to in-person work last year. However,…
Elon Musk’s X Files Lawsuit Claiming Massive Advertiser Boycott
Elon Musk’s social media platform, X, has initiated a lawsuit against a prominent group of advertisers, alleging a “massive advertiser boycott” that resulted in substantial revenue losses and violated antitrust…
Major Job Cuts at Dell as Company Shifts to AI
Dell is undergoing significant restructuring aimed at focusing more on AI-based products and servers, leading to substantial job cuts. An internal memo by sales executives John Byrne and Bill Scannell,…
Ripple Labs Incurs $125M Penalty Following SEC Lawsuit, Judge Rules
A federal judge has imposed a $125 million civil penalty on Ripple Labs, concluding a significant legal battle with the U.S. Securities and Exchange Commission (SEC). The ruling by Judge…
OpenAI Co-founder John Schulman Leaves for Rival Anthropic
John Schulman, one of the co-founders of OpenAI, has left the ChatGPT maker for rival Anthropic. Schulman announced his departure in a social media post on X late Monday, stating,…
Video Game Actors Strike Over AI Concerns
Actors, represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), have initiated a strike against the video game industry due to unresolved issues concerning artificial intelligence…
Crypto Community Reacts to Kamala Harris’ Choice of VP Amid Uncertainty in Digital Asset Policy
As the 2024 presidential race heats up, Democratic presidential nominee Kamala Harris has chosen Minnesota Governor Tim Walz as her vice-presidential candidate. This decision has sparked various reactions from the…
Marathon Digital Holdings Boosts Bitcoin Portfolio by $124M in July
Marathon Digital Holdings, recognized as the world’s largest Bitcoin miner, is steadfastly expanding its Bitcoin reserves, aligning with its declared “full HODL” strategy. This approach, which stands for “hold on…
Waymo Announces New Service Areas in San Francisco and Los Angeles
Waymo, a subsidiary of Alphabet, is expanding its autonomous ride-hailing service areas in San Francisco and Los Angeles to meet growing customer demand, the company announced on Tuesday. This move…
Transak Introduces Wire Transfers as the First US Crypto On-Ramp Option
Transak, a leading provider of Web3 payments infrastructure, has set a new precedent by introducing wire transfers as a fiat-to-crypto on-ramp for cryptocurrency users in the United States. This development…
Potential White Hat Hacker Involved in $9.8M ETH Exploit on Ronin Network
Ronin Network, a leading blockchain platform for gaming, reported a significant security breach resulting in the loss of approximately $9.8 million in Ether (ETH). This incident adds to a growing…
NASA Delays Crew 9 Launch Due to Starliner Issues
NASA is set to delay the launch of the Crew 9 mission to the International Space Station (ISS) from August 18 to September 24. This decision, announced on Tuesday, August…
Microsoft and Delta Clash Over Responsibility for Massive IT Outage
Microsoft has strongly rebutted claims by Delta Air Lines that it was responsible for the airline’s substantial flight cancellations following last month’s global IT outage. The dispute centers around a…
Robinhood Halts 24-Hour Trading for an 8-Hour Period
The stock trading app Robinhood, known for its cryptocurrency-friendly platform, experienced an 8-hour suspension of its 24-hour market, executed through Blue Ocean ATS (BOATs), on August 6. This temporary halt…
Kamala Harris Unveils Running Mate Tim Walz at Energetic Philadelphia Rally
In a display of Democratic unity and excitement, Kamala Harris introduced her vice-presidential pick, Tim Walz, at a spirited rally in Philadelphia, describing him as “the kind of vice-president America…
U.S. Lawmakers Call for CFTC Action to Prohibit Betting on Presidential Elections
Five U.S. Senators and three Representatives have intensified their appeal to the Commodity Futures Trading Commission (CFTC) to enforce a ban on wagering activities related to the 2024 presidential election.…