‘Crypto Advocates for Harris’ Gain Backing from Mark Cuban
As the 2024 presidential race intensifies, a group named ‘Crypto Advocates for Harris‘ is rallying support for Democratic nominee Kamala Harris, urging her to formulate a clear policy on digital…
Rossmann Cuts Ties with Tesla Over Musk’s Political Stance
European drugstore giant Rossmann announced on Tuesday it will no longer purchase Tesla’s electric vehicles for its fleet, effective immediately. This decision follows Tesla CEO Elon Musk’s public support for…
Mox Bank Initiates Crypto ETF Trading in Hong Kong
Mox, a Hong Kong-based virtual bank subsidiary of Standard Chartered, has recently introduced crypto exchange-traded fund (ETF) trading services for its customers, marking a significant development in the region’s financial…
Binance Records $1.2 Billion in Inflows During Major Market Downturn, CEO Reports
On August 5th, amid a significant market downturn, Binance, the leading cryptocurrency exchange, experienced one of its largest trading days of 2024, with a staggering $1.2 billion in net inflows.…
Reddit to Experiment with AI in Search Results
Reddit is set to introduce AI-generated summaries at the top of search results, aiming to enhance user experience by summarizing and recommending content. CEO Steve Huffman announced during Tuesday’s earnings…
Biden Expresses Doubts About Peaceful Transfer of Power if Trump Loses 2024 Election
In a recent interview with CBS News, President Joe Biden voiced significant concerns regarding the peaceful transfer of power should former President Donald Trump lose in the upcoming fall election.…
China’s Robotaxi Revolution Threatens Ride-Hailing Drivers
China’s ride-hailing drivers, like 36-year-old Liu Yi from Wuhan, face new challenges as robotaxis become more prevalent. Liu, who began driving part-time this year due to a construction slowdown, fears…
Crypto Coalition Advocates for Definitive Regulatory Framework from Biden Administration
A coalition of cryptocurrency firms has intensified calls for the Biden administration to establish a definitive regulatory framework for digital assets, emphasizing the potential economic and national security benefits for…
Tech CEOs Reverse RTO Mandates with Only 3% Requiring Full-Time Office Work
Tech firms have spent the last two years urging workers back into the office, often using layoffs as a threat. Even Zoom shifted back to in-person work last year. However,…
Elon Musk’s X Files Lawsuit Claiming Massive Advertiser Boycott
Elon Musk’s social media platform, X, has initiated a lawsuit against a prominent group of advertisers, alleging a “massive advertiser boycott” that resulted in substantial revenue losses and violated antitrust…
Major Job Cuts at Dell as Company Shifts to AI
Dell is undergoing significant restructuring aimed at focusing more on AI-based products and servers, leading to substantial job cuts. An internal memo by sales executives John Byrne and Bill Scannell,…
Nokia and Swisscom Begin Nationwide Drone Service Deployment
Nokia and Swisscom are set to deploy a drone service network across Switzerland to enhance emergency responses and infrastructure inspections, as announced in a joint statement on Thursday. Nokia, the…
Ripple Labs Incurs $125M Penalty Following SEC Lawsuit, Judge Rules
A federal judge has imposed a $125 million civil penalty on Ripple Labs, concluding a significant legal battle with the U.S. Securities and Exchange Commission (SEC). The ruling by Judge…
SoftBank-Backed Ola Electric Achieves $4 Billion Valuation in IPO
Ola Electric‘s initial public offering (IPO) received bids worth $1.8 billion, marking a significant milestone as the first stock offering by a pure-play electric vehicle (EV) maker in India. The…
OpenAI Co-founder John Schulman Leaves for Rival Anthropic
John Schulman, one of the co-founders of OpenAI, has left the ChatGPT maker for rival Anthropic. Schulman announced his departure in a social media post on X late Monday, stating,…
Video Game Actors Strike Over AI Concerns
Actors, represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), have initiated a strike against the video game industry due to unresolved issues concerning artificial intelligence…
ByteDance Enters AI Video Market with New App
ByteDance has introduced Jimeng AI, a text-to-video application, expanding its presence in the AI video generation market. This move places ByteDance alongside other Chinese tech firms and OpenAI, the creator…
Kita Foundation and Kima Network Announce Strategic Partnership to Pioneer Financial Interoperability
The Kita Foundation and Kima Network announced a strategic partnership that aims to set new standards for financial interoperability and Web3 integration. This collaboration marks a significant milestone in the…
LazyCat Kicks Off with a Bang: First Party Launched Successfully in Bangkok, Thailand and Raid System ON
LazyCat kicked off its journey with a bang, hosting an electrifying party at Bangkok’s prestigious Echelon and Onyx clubs. The event drew a crowd of 1,000 to 3,000 Web3 enthusiasts,…
Crypto Community Reacts to Kamala Harris’ Choice of VP Amid Uncertainty in Digital Asset Policy
As the 2024 presidential race heats up, Democratic presidential nominee Kamala Harris has chosen Minnesota Governor Tim Walz as her vice-presidential candidate. This decision has sparked various reactions from the…