Apple to Unveil New ‘Passwords’ App at WWDC Next Week
Apple is set to introduce a new application called Passwords at its upcoming Worldwide Developers Conference (WWDC), according to Bloomberg. This standalone app will help users manage their login credentials…
Tether Announces Strategic Investment and Launch of XAU1 Stablecoin
Tether, the digital asset company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin, XAU1. This collaboration…
Humane Issues Warning on Charging Case Due to Fire Hazard
This week has been tumultuous for the tech startup Humane, following its recent product launch debacle with the Ai Pin. Adding to its challenges, Humane has issued a precautionary warning…
Centralized Crypto Exchange Trading Volume Drops to $5.2 Trillion in May
According to the latest report by CCData, May 2024 saw a significant decline in both spot and derivatives trading volumes in the cryptocurrency market. The combined trading volume on centralized…
Tether CEO Warns of New Wave of Crypto Airdrop Scam Emails; CoinGecko Potentially Affected
Cryptocurrency users should exercise extreme caution, as a prominent industry leader has warned of a potential new wave of crypto airdrop scam emails. Paolo Ardoino, the CEO of Tether, revealed…
Elon Musk Doesn’t Grasp EU’s Worries About X Disinformation, Says Official
EU Commissioner Vera Jourová has voiced significant concerns about Elon Musk’s grasp of European issues surrounding disinformation on X, the social media platform formerly known as Twitter. Jurová’s comments come…
OpenAI, Google Deepmind Workers Urged to Improve Whistleblower Protections
A collective of current and former OpenAI employees from prominent AI companies such as OpenAI, Google DeepMind, and Anthropic issued an open letter, voicing concerns over the rapid advancement of…
Amazon Acquires Indian Video Streaming Platform MX Player
In a significant move to expand its influence in India, Amazon has secured a deal to acquire key assets of the video streaming service MX Player from Times Internet, a…
Bitcoin Halving Impacts Miner Riot’s Revenue by 43% Despite New Facility
Bitcoin (BTC) miner Riot Platforms produced 215 BTC in May, marking a 43% decrease from the previous month. This decline in mining revenue is directly attributed to the Bitcoin halving…
Nvidia Reaches $3 Trillion Market Cap Amid Surging AI Demand
On a remarkable Wednesday, Nvidia‘s shares surged by 5%, closing at an impressive $1,224.40. This surge pushed the company’s market capitalization over the $3 trillion threshold, a first in its…
BlackRock and Citadel Support New National Stock Exchange in Texas
The world’s largest asset manager, BlackRock, and market maker Citadel Securities have reportedly backed a firm in launching a new national stock exchange in Texas. The Texas Stock Exchange (TXSE)…
Bitcoin ‘Coiling’ Up for a Significant Move as It Hovers Around $71K
Bitcoin may soon find itself at a critical price crossroads. Its average price across three different time frames has now fallen within a tight cluster, signaling a potential breakout. Indicators…
New York to Give Parents Greater Control Over Children’s Social Media
New York lawmakers are on the brink of approving a law aimed at increasing parental oversight over social media usage by teenagers. The forthcoming legislation, known as the Stop Addictive…
Musk Allegedly Shifts Nvidia Chips from Tesla to X
Elon Musk is ambitious about turning Tesla into a leader in AI and robotics, a vision that demands significant investment in Nvidia’s high-cost processors to enhance its infrastructure. During Tesla’s…
Nvidia and Salesforce invest $450 million in AI startup Cohere, source says.
Canadian AI startup Cohere has secured $450 million in funding from returning investors such as Nvidia and Salesforce Ventures, as well as new investors including Cisco and Canadian pension fund…
TikTok Hack Targets Paris Hilton, CNN, and Others Through Direct Message
A new exploit has emerged on TikTok, compromising the official accounts of Paris Hilton, CNN, and others, as reported by Forbes. This exploit spreads via direct message and doesn’t require…
True Fit Uses Generative AI to Help Shoppers Find Perfect Fit Online
For nearly two decades, True Fit has been a leader in AI-powered size-and-fit personalization, assisting thousands of retailers with its size recommendation solutions. Now, the company is taking a significant…
Samsung stock rises as Nvidia certifies its high-bandwidth memory chips
Samsung Electronics Co‘s shares saw a significant rise after Nvidia Corp announced that it is in the process of certifying Samsung’s high-bandwidth memory (HBM) chips. This crucial development could allow…
Max Raises Subscription Prices Again
Max, previously known as HBO Max, HBO Go, HBO, and other names, has raised its subscription prices. Famous for shows like The Sopranos and Game of Thrones, Max has increased…
Chinese AI chip firms are scaling down their designs to secure TSMC production
SINGAPORE – Several Chinese AI chip companies are now designing less powerful processors to maintain access to production capabilities at Taiwan Semiconductor Manufacturing Co (TSMC), in light of stringent U.S.…