Twitch Introduces Pay-to-Play Model for DJs
Twitch has introduced a new program to address copyright issues commonly encountered by DJs using its platform. This program mandates DJs to pay a portion of their earnings to music…
Robinhood to Acquire Bitstamp Crypto Exchange to Enable Institutional Trading in the U.S.
Robinhood, the popular stock trading app, is significantly expanding its footprint in the cryptocurrency sector by acquiring Bitstamp, one of the world’s oldest and most reputable cryptocurrency exchanges. This $200…
TikTok Tests New Streak Feature Similar to Snapchat
TikTok is currently testing a new engagement feature closely resembling the “streaks” popularized by Snapchat, as it seeks to increase user interaction and time spent on the platform. The company…
NY Attorney General Sues Crypto Trader NovaTech, Alleging $1 Billion Fraud
New York Attorney General Letitia James has filed a lawsuit against NovaTech, a cryptocurrency trading company, and its founders, Cynthia and Eddy Petion, along with other associated entities. The suit…
Salesforce Plans New AI Center in London as Part of $4 Billion UK Investment
Salesforce announced on Thursday, June 6, that it will establish its first and flagship artificial intelligence center in the United Kingdom, situated in London’s Blue Fin building. This initiative is…
Banks Warn of New Risks in Increasing Dependence on Big Tech for AI
The integration of artificial intelligence (AI) in banking continues to surge, largely driven by the innovations following OpenAI’s launch of the ChatGPT chatbot in late 2022. This technological shift is…
Apple to Address Parental Control Flaw in Upcoming Update
Apple has committed to fixing a long-standing bug in its parental control system that permits children to bypass internet restrictions and access adult content by inputting a specific nonsensical phrase…
Telegram Launches In-App Currency ‘Stars’ for Digital Purchases
Telegram, the popular social messaging platform, has introduced a new in-app token called “Telegram Stars,” designed to facilitate the purchase of digital goods and services within the app. This new…
New Law Grants U.S. President Extensive Powers to Block Digital Asset Access
A recently enacted law has granted the President of the United States extensive authority to block access to digital assets, a move that has sparked significant concern and debate among…
Humane Seeks $1 Billion Sale After AI Pin Fails to Impress
Humane,the AI hardware startup founded by former Apple designers, is reportedly seeking a buyout valued at over $1 billion despite poor reception and low sales of its AI Pin device.…
Binance Reinstates Cryptocurrency Purchases via Mastercard
Binance, the world’s largest cryptocurrency exchange, has announced the reinstatement of cryptocurrency purchases using Mastercard debit and credit cards. This move comes as part of Binance’s efforts to facilitate smooth…
Nigeria Defends Prosecution of Binance Executive Amid U.S. Lawmakers’ Criticism
The Nigerian Minister of Information, Mohammed Idris, has affirmed that the ongoing legal proceedings against Binance and its executive, Tigran Gambaryan, adhere strictly to the country’s legal protocols. Gambaryan faces…
ETH Ecosystem Users Increase Ninefold Since 2020 as VanEck Predicts $22K by 2030
There are almost nine times as many daily active users in the Ethereum ecosystem today compared to four years ago, and analysts suggest that this increasing demand is set to…
Short positions in Nvidia reach $34 billion, according to S3 Partners.
As Nvidia inches closer to overtaking Microsoft as the world’s most valuable company, its rapid ascent has not gone unnoticed in the financial markets. With Nvidia’s shares skyrocketing, a significant…
Beware of Fake Work-from-Home Jobs – It’s a Ploy to Steal Your Crypto
Be cautious if an employer demands that you send cryptocurrency to secure your dream job working from home. The United States Federal Bureau of Investigation (FBI) warns that it’s likely…
Stability AI Launches New Sound Generator
Stability AI, known for its AI-powered art generator Stable Diffusion, has launched a new open AI model called Stable Audio Open, designed for generating sounds and songs. The model was…
US Regulators Investigate Microsoft, OpenAI, and Nvidia for Potential Antitrust Violations
Microsoft, OpenAI, and Nvidia are under heightened scrutiny from US regulators for potential breaches of antitrust laws in the artificial intelligence sector. The Department of Justice (DoJ) and the Federal…
Most Celebrity Tokens Drop Over 66% Since Jenner’s Surprising Crypto Launch
The recent wave of celebrity-backed tokens launched last week has faced significant declines, with many dropping over 66% from their peak values. Notably, tokens such as JENNER, DAVIDO, and RICH…
Tesla’s Elon Musk May Depart if $56 Billion Compensation Plan Fails, Board Chair Warns Shareholders
Tesla’s board chair, Robyn Denholm, is urging shareholders to approve Elon Musk’s extraordinary $56 billion compensation package, cautioning that rejecting the proposal might lead the CEO to explore other opportunities.…
Vanguard and NXP, backed by TSMC, will construct a $7.8 billion wafer plant in Singapore.
In a significant development for the global semiconductor industry, Vanguard International Semiconductor Corporation, a company backed by Taiwan Semiconductor Manufacturing Co. (TSMC), along with Dutch chip designer NXP Semiconductors, have…