Chinese Car Industry Pushes Global Expansion at Frankfurt Trade Fair
Chinese auto suppliers and electric vehicle (EV) manufacturers have made a strong presence at the Automechanika trade fair in Frankfurt, Germany. Nearly 900 Chinese suppliers, along with major carmakers such…
Apple Ordered to Pay €13 Billion in Back Taxes to Ireland After EU Court Ruling
Apple has been ordered by the European Court of Justice (ECJ) to pay €13 billion ($14.4 billion) in back taxes to Ireland, marking the conclusion of a 10-year legal dispute…
Skype Founder’s Atomico Raises $1.24 Billion to Support European Startups
Atomico, the venture capital firm founded by Skype’s co-creator Niklas Zennström, has raised $1.24 billion to invest in emerging and growth-stage tech startups across Europe. This marks a substantial increase…
Latvia’s Central Bank Initiates Pre-Licensing Consultations for Crypto Companies
The European Union’s comprehensive crypto regulation, known as the Markets in Crypto-Assets (MiCA) Regulation, is beginning its phased implementation across member states, prompting various local responses. In Latvia, the central…
Investigations Reveal Telegram as a Hub for Extremism and Crime
Telegram founder Pavel Durov was arrested in France last month, accused of failing to cooperate with law enforcement and being complicit in crimes committed through his platform. These crimes include…
Visa Launches New Tool to Make It Safer to Pay Merchants Directly From Your Bank Account
Visa has announced plans to introduce a new product aimed at enhancing the security and flexibility of account-to-account (A2A) payments, bypassing the traditional direct debit system, as reported by CNBC.…
Global Downtrend: Over 600 Bitcoin ATMs Decommissioned in Recent Months
In the first two quarters of Q3 2024, the global network of Bitcoin ATMs saw a significant reduction, with more than 600 units going offline. This trend, particularly pronounced in…
Major Swiss Bank ZKB Initiates Trading Services for Bitcoin and Ether
Zurich Cantonal Bank (ZKB), one of Switzerland’s largest banking institutions, has officially launched cryptocurrency trading and custody services, broadening its financial offerings to include Bitcoin and Ether. This move marks…
X Adheres to EU Regulations, Halts AI Chatbot Data Usage
The European Union‘s scrutiny of the social media platform X concluded successfully after the platform pledged compliance with the mandates set forth by the European Data Protection Commission (DPC). As…
Durov Says French Authorities Mishandled Telegram Investigation, But Vows to Improve Moderation
Telegram CEO Pavel Durov has criticized French authorities for detaining him, stating they should have contacted his company through established channels instead of holding him personally responsible for illegal activities…
Volkswagen Brings ChatGPT Voice Assistant to U.S. Vehicles
Volkswagen is set to introduce its AI-powered ChatGPT voice assistant to vehicles sold in the United States, starting September 6, 2024. This new feature, known as Plus Speech, will initially…
Crypto Platform Nexo Resumes UK Registrations Following 10-Month Compliance Pause with FCA Regulations
After a 10-month hiatus, Nexo has resumed new user registrations in the United Kingdom, following a comprehensive update to align with the Financial Conduct Authority’s (FCA) regulatory guidelines. This strategic…
No Screens Before Age Two, Says Swedish Health Authority
Sweden’s health authorities have issued new guidelines advising that children under the age of two should not be exposed to screens at all, while teenagers should limit their screen time…
World’s First Jet-Powered Humanoid Robot Developed in Italy
A jet-powered humanoid robot, named iRonCub3, developed by researchers at the Italian Institute of Technology (IIT), is capturing attention for its ability to fly using four jet engines. This robot,…
Investigation Launched by South Korea into Telegram’s Role in Deepfake Distribution
South Korean police have initiated an investigation into Telegram to determine whether the encrypted messaging app has played a role in the distribution of sexually explicit deepfake content, as reported…
European Chip Sector Calls for Faster Aid and New ‘Chips Act 2.0’
Europe’s main semiconductor industry body, the European Semiconductor Industry Association (ESIA), has urged the European Union to enhance support for the chip sector. This includes accelerating aid disbursement, developing a…
AI News Anchors Debut in Venezuela to Shield Journalists from Crackdown
Venezuela’s latest attempt to protect journalists amid ongoing government crackdowns involves using artificial intelligence (AI) news anchors to deliver headlines. Named “El Pana” and “La Chama,” these AI-generated figures were…
Netherlands considers ASML’s interests in potential China export rules
The Dutch government is considering the economic interests of ASML when evaluating potential restrictions on the export of its computer chip-making equipment to China, according to Dutch Prime Minister Dick…
Significant Financial Losses as Mbappé’s Hacked X Account Fuels $460M Crypto Scam
Traders experienced substantial financial losses following the hacking of soccer superstar Kylian Mbappé’s X account on August 29, which was used to promote a deceptive cryptocurrency scheme. This incident underscores…
Vitalik Buterin and Ethereum Foundation Detail 2023 Spending Amid Community Queries
In response to growing inquiries from the Ethereum community, Vitalik Buterin, co-founder of Ethereum, along with spokesperson Josh Stark, provided a comprehensive overview of the Ethereum Foundation’s financial allocations for…