Reddit aims for a big valuation nearing $6.5 billion in its forthcoming IPO.
In a bold move signaling its readiness to enter the public market, Reddit, the social media giant famed for its vast array of community-driven forums, has announced plans for an…
The Upcoming Bitcoin Halving: A New Chapter Unfolds
The Bitcoin ecosystem is on the cusp of a pivotal moment, with the forthcoming halving event poised to redefine the supply and demand dynamics more favorably than its predecessors in…
Apple to Enable Direct iOS App Downloads in EU, with a Catch
Apple’s recent announcement introduces a pivotal change for iOS developers in the European Union (EU), enabling them to distribute their apps directly from websites, bypassing the traditional App Store route.…
American technology behemoths encounter formidable obstacles in China.
In what seems to mark the end of an era, American CEOs are confronting a starkly changed business landscape in China, once hailed as a golden land of opportunity. The…
Major Entities Set to Amplify Bitcoin Investments: Insights from Bitwise
Bitwise, a leading crypto-native asset management firm, anticipates a significant surge in Bitcoin investments by entities controlling trillions of dollars in assets. According to a recent investment memo from Matt…
Bluesky Offers Grants to Support Developers for Innovative Development
Bluesky, a promising competitor to Twitter/X, has announced its proactive strategy to bolster growth through the “AT Protocol Grants.” This innovative program aims to financially support developers crafting applications on…
Baron elevates Swiggy’s valuation to $12.16 billion, surpassing its previous value in the private market.
Baron Capital, a prominent investment firm based in New York, has made headlines by significantly increasing the value of its stake in the Indian food delivery startup Swiggy. This move…
Bitcoin Surpasses $71K, Setting a New Record High
Bitcoin marked a significant milestone on March 11 by reaching a new all-time high of $71,415, following a 2.62% increase in the preceding 24 hours, as reported at 08:05 am…
Elon Musk’s xAI Set to Open-Source Grok, Challenging ChatGPT’s Dominance
Elon Musk’s startup xAI is on the brink of open-sourcing Grok, its proprietary chatbot designed to compete with the widely recognized ChatGPT. This move, announced by Musk himself, unfolds amidst…
China is imparting a challenging business lesson to huge companies such as Apple and Tesla.
There was a time not so long ago when the American corporate gaze was firmly fixed on China, seen as a boundless horizon of opportunity. This perception, fueled by years…
South Korea Witnesses Crypto Trading Volumes Outpacing Stock Market Amid Bitcoin Rally
The recent surge in Bitcoin prices has reignited the cryptocurrency trading frenzy in South Korea, with transaction volumes on local crypto exchanges surpassing those of the country’s stock market last…
Epic Victory: Fortnite Returns to iPhone in EU as Apple Complies with New DMA Regulations
Within a day of its implementation, the Digital Markets Act (DMA), a new set of regulations by the European Union aimed at curbing the monopolistic tendencies of Big Tech companies,…
Huawei and Vivo proudly establish a pioneering patent collaboration
In a strategic move that underscores the burgeoning camaraderie within the Chinese technology sector, Huawei, a behemoth in the global telecommunications arena, has recently forged a landmark patent cross-licensing pact…
Impersonation on X Platform Leads to $47 Million Stolen by Crypto Phishers in February
In a recent revelation, fraudulent activities on the social media platform X have been identified as the primary culprits behind over 57,000 individuals falling victim to cryptocurrency phishing scams in…
Insilico Medicine Unveils First-Ever Drug Discovered and Designed by Artificial Intelligence
Insilico Medicine, a biotech startup based in Hong Kong and New York, has unveiled a groundbreaking achievement in the field of drug discovery. In a new paper published in Nature…
How Sony’s PlayStation competes with Microsoft and Nintendo in the gaming console battle
In the ever-evolving tapestry of the video game industry, few names stand as prominently as Sony PlayStation. Over the last thirty years, this gaming behemoth has not only introduced the…
BlackRock’s Bitcoin ETF Surpasses MicroStrategy in BTC Holdings
BlackRock‘s entry into the Bitcoin market through its spot Bitcoin exchange-traded fund (ETF), IBIT, has notably exceeded MicroStrategy’s significant cryptocurrency holdings. As reported by BitMEX Research, IBIT’s holdings reached 197,943…
Tech Giant Acts: Microsoft Adjusts AI to Curb Harmful Content
Microsoft has initiated modifications to its Copilot artificial intelligence tool, following concerns raised by a company AI engineer to the Federal Trade Commission (FTC) about the AI’s capacity to generate…
WordPress and Bluehost launch a managed cloud hosting solution for unmatched performance
In an exciting development for the digital world, WordPress.com has partnered with Bluehost to launch a groundbreaking managed WordPress cloud hosting service, setting a new standard for website performance and…
Appeals Court Reinstates Class-Action Lawsuit Against Binance
An appeals court in the United States has recently reversed a district court’s decision that had previously dismissed a class-action lawsuit against the cryptocurrency exchange Binance. This lawsuit, initiated by…