South Korean Executive Detained Again Over Alleged Samsung Chip Technology Leak
A South Korean executive, Choi Jinseog, has been detained again over fresh allegations of technology theft related to Samsung Electronics’ semiconductor operations. Choi, previously accused of stealing sensitive chip processing…
Spot Bitcoin ETFs Experience $1.2 Billion in Outflows Over Eight Days
In a significant market movement, the 11 United States-based spot Bitcoin exchange-traded funds (ETFs) recorded combined net outflows of $1.2 billion from August 30 to September 6, marking the longest…
Bending Spoons to Cut 75% of WeTransfer Workforce After Acquisition
Bending Spoons, an Italy-based app company known for owning Evernote and Meetup, plans to lay off 75% of the staff at file transfer service WeTransfer following its acquisition in July,…
Over 2.7 Million Pre-Orders for Huawei’s Mate XT as iPhone 16 Launch Approaches
Huawei’s latest tri-fold smartphone has garnered over 2.7 million pre-orders, as the company pushes ahead with its Mate XT model, surpassing Apple’s upcoming iPhone 16 launch, which is scheduled for…
CEO of Crypto Research Firm Steps Down Following Armed Robbery of Company Assets
Nick Drakon, the CEO of the cryptocurrency research and education platform Revelo Intel, has resigned from his position following a traumatic incident where he was coerced at gunpoint to transfer…
Former Ethereum Advisor Files $100M Lawsuit Against Law Firm Over Defense in Crypto Extortion Case
Steven Nerayoff, an early advisor to the Ethereum network, has initiated a lawsuit against the prestigious law firm Covington & Burling, demanding $100 million in damages. This legal action stems…
Tether Expands Portfolio with $100 Million Investment in Agricultural Sector Amid Rising Stablecoin Rivalry
Tether, the organization behind the world’s largest stablecoin, has recently embarked on a new venture by investing $100 million in the Latin American agricultural powerhouse, Adecoagro. This move marks Tether’s…
DirecTV Announces Price Hike Amid Disney Channel Blackout
DirecTV has informed its customers that prices will rise starting in October 2024, just as the company deals with the fallout from losing ESPN, ABC, and other Disney-owned channels in…
GP Solutions, the Leading Travel Tech Company, Will Be among Speakers at the Digital Transformation Conference in London
On August 12, 2024, GP Solutions announced that they will be participating in a conference entitled ‘Digital Transformation 2025’ and arranged by Travel Technology Initiative (TTI), a membership organization based…
Disney’s Lion King Director Calls AI a ‘Wild West’ with Few Rules
AI in the film industry presents both opportunities and challenges, according to Rob Minkoff, director of Disney’s The Lion King. Minkoff described artificial intelligence as a “Wild West” with few…
Fed Survey Reveals Crypto Ownership Growth Isn’t Keeping Pace with Market Recovery
Recent research from the Federal Reserve sheds light on a surprising disconnect between the recent resurgence of the cryptocurrency market and the rate of cryptocurrency ownership. Despite the crypto market’s…
Meta Brings Third-Party Chat Integration to WhatsApp and Messenger in Europe
Meta is updating WhatsApp and Messenger in Europe to allow users to communicate with people on third-party messaging services. This update, aimed at complying with the European Union’s Digital Markets…
Malaysia Scraps DNS Traffic Rerouting Plan Following Public Backlash
Malaysia has halted its plan to reroute web traffic through local DNS servers following public outcry over potential online censorship and negative impacts on the country’s digital economy. Communications Minister…
Bitcoin Could Gain Momentum as Younger Investors Emerge, Says Suze Orman
Financial adviser and bestselling author Suze Orman, known for her influential role in financial advice and her long-running Suze Orman Show on CNBC, recently shared her views on Bitcoin and…
Stacks Sets New Record for Smart Contract Deployments Before Nakamoto Upgrade
Stacks, the layer enabling smart contracts on Bitcoin, has achieved a new milestone with over 1,400 smart contracts deployed in a single month, just days before the Nakamoto upgrade is…
Arthur Hayes Closes Short on Bitcoin, Anticipates Imminent Rally
Arthur Hayes, former CEO of the BitMEX cryptocurrency exchange, has exited his short position on Bitcoin, following his previous warnings of a potential significant downturn. On September 6, Hayes expressed…
Ripple CEO Foresees Inevitable Demand for Japanese Yen Stablecoins
Ripple CEO Brad Garlinghouse expressed optimism about the potential demand for a Japanese yen stablecoin, despite the company not yet committing to launching such a product in Japan. During an…
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…
GitHub Copilot Streamlines MercuryWorks Custom Software Development by at Least 10%
A trial of Microsoft’s “AI pair programmer” tool GitHub Copilot at Tampa’s MercuryWorks, a custom software development company specializing in web apps, mobile apps, .NET development, and legacy application modernization,…
The Persistent Closeness of the 2024 Presidential Election
Vice President Kamala Harris has solidified her position as the Democratic presidential nominee, energizing the party base and securing a significant fundraising lead. However, the latest polls and the volatile…