Samsung’s profit is expected to reach its highest in six quarters due to rising chip prices.
In a surprising turnaround from last year’s slump, Samsung Electronics is poised to unveil a substantial surge in its first-quarter earnings, indicative of a broader recovery in the semiconductor sector.…
IRS Anticipates Increase in Crypto Tax Evasion Cases in 2023
The United States Internal Revenue Service (IRS) is preparing for a surge in cryptocurrency-related tax crime cases this year, coinciding with the April 15 tax filing deadline for U.S. citizens.…
Tesla to Slash 14,000 Jobs in Major Workforce Reduction
Tesla is set to reduce its global workforce by over 10%, eliminating at least 14,000 jobs in response to slowing demand and competitive pressures. This significant workforce reduction was disclosed…
Window manufacturer supported by SoftBank to declare bankruptcy in an effort to reduce debt burden.
In a strategic move to alleviate its financial burdens, View Inc, a prominent window-maker with a unique sunlight-responsive technology, announced its decision to file for bankruptcy on Tuesday. This decision…
Hong Kong’s Crypto ETFs Face Limited Impact Without Mainland Chinese Investors, Pale in Comparison to U.S. Market
The Securities and Futures Commission (SFC) of Hong Kong has recently granted conditional approvals for three pioneering spot Bitcoin and Ether exchange-traded funds (ETFs). These approvals signal an emerging trend…
Particle Health: Data Dispute with Epic Systems Doesn’t Affect Majority of Customers
Particle Health, a key player in health data interoperability, confirmed on Monday, April 15th that the ongoing data-sharing dispute with Epic Systems, a major medical software provider, has not significantly…
Read AI secures $21M for smarter meetings, email, and messaging
In a significant move underscoring its commitment to revolutionizing the future of work through artificial intelligence, Read AI, a frontrunner in AI-powered meeting summaries, has announced the successful closure of…
Meme Coins and AI Tokens Rally, Leading Market Recovery Following $2 Billion in Bitcoin-Related Liquidations
In the latest turn of events in the cryptocurrency markets, meme coins and artificial intelligence (AI)-linked tokens have demonstrated significant gains, reversing the losses incurred over the weekend. This resurgence…
Epic Systems Halts Data Sharing with Particle Health Over Misuse Concerns
Epic Systems, a major provider of electronic health records software, has taken action against Particle Health, a venture-backed startup, for allegedly misusing patient data. The software giant, which manages the…
Taiwan earthquake prompts TSMC factory evacuation, disrupting chip supply and raising prices.
In the aftermath of a seismic event that rocked Taiwan, the world braces for potential disruptions in the supply of semiconductors, sending shockwaves across industries reliant on electronic devices. The…
Crypto Investigator Alerts to Scam Operations Targeting DeFi Users
Pseudonymous blockchain detective ZachXBT has issued a stark warning about a nefarious group engaged in a sophisticated fraud scheme involving millions in stolen funds across multiple blockchain platforms. Utilizing his…
Tesla Halves the Price of Its Full Self-Driving Package in U.S.
Tesla has announced a significant price reduction for its premium driver assistance system, the Full Self-Driving (FSD) package, in the United States. Tesla CEO Elon Musk confirmed on social media…
HD secures $5.6M funding for developing a Sierra AI tailored for healthcare in Southeast Asia.
In the realm of technological advancement, the evolution of chatbots has been nothing short of remarkable. Gone are the days of rigid, pre-programmed responses; today’s chatbots, powered by sophisticated generative…
Impact of Binance Crackdown on Nigeria’s Web3 Industry
The Nigerian government’s stringent actions against Binance executives are casting a long shadow over the country’s Web3 sector, leading to a significant withdrawal of investor interest and confidence. This chilling…
Game Emulators Now Available on iOS App Store Following Apple Policy Change
Apple’s recent relaxation of its App Store guidelines has opened the door for game emulators to make their debut on the iOS platform. Just a week after Apple’s policy shift,…
US urges South Korea to tighten export controls on China chips.
In the ever-intensifying global technological race, the United States is rallying its allies to stand firm against China’s ambitions in the semiconductor industry. Recent reports indicate that the Biden administration…
Extradition Efforts Underway as Fugitive Binance Executive Located in Kenya
The Nigerian Government is currently undertaking efforts to extradite Binance executive Nadeem Arjarwalla back from Kenya, where he reportedly fled after escaping custody. This development follows allegations of currency manipulation…
Google Announces Free Access to Magic Editor and Other AI Photo Tools
Google announced on Wednesday, March 10th its plans to make a slew of advanced photo-editing tools, previously exclusive or paid, free for all Google Photos users. Starting May 15, Google…
Singtel has dismissed the possibility of selling its Australian subsidiary, Optus.
Singapore – Singapore Telecommunications (Singtel), the leading telecom operator in Southeast Asia, has reaffirmed its stance on Wednesday, dismissing rumors of an imminent deal to divest its Australian subsidiary, Optus.…
Solana Sees Major Downturn with $440M Drop in Open Interest and 11% Price Fall
In the last 24 hours, Solana‘s market dynamics have shown significant volatility, reflective of broader cryptocurrency market trends. Open interest (OI) and Solana’s price have both experienced notable declines. Despite…