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.…
Judge Finds Google Guilty of Search Monopoly
A federal judge ruled on Monday that Google has maintained an illegal monopoly in the search and text advertising markets, marking the first significant antitrust win against a tech giant…
Trump Advises Against Selling U.S. Bitcoin Holdings
In a recent dialogue with streamer and influencer Adin Ross, former President Donald Trump shared insights on the strategic importance of retaining the United States’ Bitcoin holdings. He emphasized the…
Microsoft Ties Employee Reviews to Security Performance
Microsoft is now prioritizing security as a fundamental aspect of employee performance reviews. The company, responding to years of security issues and criticisms, has made this shift official as of…
Arizona Primary with $1.3M Crypto Super PAC Funding Hangs in the Balance
After more than a week of counting ballots, the Democratic primary in Arizona‘s 3rd Congressional District is proving to be exceptionally tight and could potentially be decided by a single…
OpenAI Holds Back Tool That Detect Academic Cheating via ChatGPT
OpenAI has developed a text watermarking tool capable of detecting essays authored by ChatGPT with significant accuracy. This development follows a report from The Wall Street Journal suggesting the tool…
Robinhood Confirms Its 24-Hour Trading Service is Operational
Amid swirling rumors of a service disruption, Robinhood has confirmed that its 24-hour trading platform remains fully functional. This statement comes in response to multiple reports suggesting otherwise. Clarification Amidst…
Elon Musk Revives Lawsuit Against OpenAI and Sam Altman in Federal Court
Elon Musk has revived a federal lawsuit against Sam Altman and Greg Brockman, alleging manipulation into co-founding OpenAI. Filed Monday, August 5, the lawsuit claims Musk was misled into investing…
European Commission Closes Case as TikTok Lite Drops Rewards Feature
The European Commission has concluded its Digital Services Act (DSA) investigation into TikTok Lite’s rewards feature, following TikTok’s commitment to permanently withdraw the mechanism from the EU. The “task and…
Musk Urged to Fix Chatbot Spreading False Election Information
Five secretaries of state are urging Elon Musk to address misinformation disseminated by X’s Grok AI chatbot about the 2024 presidential election. The chatbot falsely informed users that Vice President…
Second Patient Receives Neuralink Brain Chip Implant
Neuralink has successfully implanted its brain chip in a second patient, as confirmed by Elon Musk. This device, designed to assist paralyzed patients in using digital devices through thought alone,…
GameStop Shuts Down Game Informer Magazine Ending a 33-Year Legacy
Game Informer magazine, the longest-running gaming magazine in the U.S., has been shut down by its parent company, GameStop. This unexpected closure ends the 33-year legacy of the magazine and…
Crypto Investment Products Lose $528M Due to Recession Concerns, Reports CoinShares
A new report by CoinShares highlights a troubling trend in the cryptocurrency market, with significant capital outflows recorded last week, pointing to growing investor anxiety. These outflows coincide with increasing…
Global Market Downturn Leads to Over $1 Billion in Crypto Liquidations
On August 5, the cryptocurrency market experienced a steep decline, contributing to significant financial losses for investors and traders. This downturn was largely influenced by the global economic slowdown and…
Crypto Hackers Capitalize on Ethereum Price Drop with Stolen Funds
The recent plummet in Ethereum‘s price has presented a ripe opportunity for hackers holding stolen funds to make significant purchases at a discount. On August 5, amidst a sharp 20%…
Apple Begins Payouts Over Faulty Butterfly Keyboards
Apple has initiated payments from its $50 million settlement over the defective MacBook butterfly keyboards. The settlement, approved last year, addresses a class action lawsuit filed in 2018. Keyboard owners…
NVIDIA’s AI Team in Hot Water Over Unapproved Video Scraping
NVIDIA, a $2.4 trillion company, reportedly engaged in scraping copyrighted content from YouTube, Netflix, and other sources for AI training without permission. According to 404 Media’s Samantha Cole, the company…
Legislation Seeks to Enhance Secret Service Authority in Crypto Crime Investigations
On August 2, Senators Catherine Cortez Masto of Nevada and Charles Grassley of Iowa introduced a significant legislative proposal titled the “Combatting Money Laundering in Cyber Crime Act of 2024.”…
Intel to Cut 15% of Workforce, Reports Quarterly Guidance Miss
Intel shares fell by up to 20% in extended trading on Thursday, August 1, after the company announced it would lay off over 15% of its workforce. This move is…
Bitcoin Falls Below $50K as Crypto Market Sees 17% Decline
Bitcoin’s price has recently dipped below the $50,000 mark for the first time since February, touching a low of $49,351 before showing signs of recovery toward the $51,000 level. This…