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…
Study Reveals How Six Dating Apps Expose User Locations to Stalkers
Belgian researchers from KU Leuven have discovered significant security vulnerabilities in six popular dating apps—Bumble, Hinge, Grindr, Badoo, Happn, and Hily—that could allow malicious users to pinpoint a user’s location…
Coinbase Denies Allegations of Campaign Finance Law Violations
Coinbase, a leading cryptocurrency exchange, finds itself at the center of controversy concerning a significant political donation. The exchange’s Chief Legal Officer, Paul Grewal, has publicly refuted accusations that Coinbase…
Bybit Suspends Services in France Amid Regulatory Challenges
In a significant development on August 1, Bybit, a popular cryptocurrency exchange, announced its decision to suspend operations in France. This decision comes in response to recent actions and regulatory…
Reddit CEO Demands Microsoft Pay for Data Usage
Reddit’s CEO, Steve Huffman, has publicly demanded that Microsoft and other AI companies compensate Reddit for using its data, which they have been accessing without authorization. In a detailed interview…
Casper Network Resumes Activity After Halting Due to Security Breach
The Casper Network has successfully resumed its operations following a temporary shutdown caused by a security breach. On July 31, at precisely 3:18 pm UTC, a significant step was taken…
India Emerges as Leading Market for Meta AI Usage
Meta’s Chief Financial Officer, Susan Li, highlighted India’s significance as the largest market for Meta AI usage during the company’s second-quarter earnings call. This milestone, achieved just a few months…
Perplexity AI’s New Program to Compensate Publishers for Content
Perplexity AI, a burgeoning AI search engine, is set to share advertising revenue with news publishers when its chatbot cites their content in response to user queries. This initiative appears…