China’s Wealthiest Man Demands Apology from ByteDance Founder
Zhong Shanshan, the founder of Nongfu Spring Co. and China’s richest individual, has openly criticized two of the country’s tech giants, PDD Holdings Inc. and ByteDance Ltd., blaming them for…
SEC Chair Gary Gensler to Step Down in January 2025
Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), will step down on January 20, 2025, the same day President-elect Donald Trump begins his second presidential term.…
Threads Makes Big Changes to Prioritize Accounts You Follow
Meta’s Threads is finally doing what users have been asking for—showing them more of what they actually want to see. Instagram head Adam Mosseri announced that Threads’ algorithm is being…
Baidu’s Revenue Slumps as AI Strategy Faces Hurdles
Baidu Inc., a Chinese pioneer in artificial intelligence, reported a 3% decline in revenue for the third quarter, marking its steepest drop in over two years. The company attributed the…
WhatsApp Launches Voice Message Transcripts
WhatsApp has introduced a new feature that allows users to transcribe voice messages into text, a convenience for those in noisy environments or situations where listening isn’t an option. Announced…
BitGo Launches MAS-Regulated Crypto Subsidiary in Singapore
California-based cryptocurrency exchange BitGo has launched a subsidiary in Singapore, following the receipt of a major payment institution license from the Monetary Authority of Singapore (MAS) three months earlier. On…
Amazon Launches Echo Show 21 Smart Display
Amazon has unveiled the Echo Show 21, its largest and most advanced smart display yet, equipped with a suite of new features aimed at improving both entertainment and functionality. Sporting…
South Korea Confirms North Korea Behind $50 Million Upbit Cryptocurrency Hack
South Korean authorities have officially confirmed that North Korean hacker groups were responsible for the $50 million cryptocurrency theft from Upbit, a South Korean-based cryptocurrency exchange, in 2019. On November…
Alibaba Takes on Rivals with E-Commerce Reshuffle
Alibaba Group is consolidating its domestic and international e-commerce operations into a unified business unit to counter increasing competition, according to a Thursday stock exchange filing. The move marks the…
Indian Quick-Commerce Giant Zepto Raises $350M
Zepto has secured $350 million in its third funding round in six months, cementing its position as a leading player in India’s burgeoning quick-commerce sector. The Mumbai-based startup, which plans…
Trump’s Presidency Expected to Boost DeFi and Gaming, Says Sky Mavis Co-Founder
Blockchain gaming and decentralized finance (DeFi) are poised for significant growth under Donald Trump’s presidency, according to Jeffrey Zirlin, co-founder of crypto gaming platform Sky Mavis. Speaking at the YGG…
Comcast to Spin Off Rotten Tomatoes, Fandango, and Cable Networks Into a New Public Company
Comcast is restructuring its portfolio by spinning off a group of NBCUniversal’s cable networks and digital assets into a new independent, publicly traded company. The move, announced Wednesday, includes channels…
Threads Takes Aim at Bluesky with Custom Feed Rollout
Meta has officially rolled out custom feeds for Threads, following a swift testing phase that began just last week. The feature, now available to all users, enables greater personalization by…
Japan Set to Implement Stimulus Package with Emphasis on Tax Reform, Including Cryptocurrency
Japan is poised to implement a new economic stimulus package by the end of 2024, as promised by Prime Minister Shigeru Ishiba, who has committed to engaging in bipartisan discussions…
American Airlines Tackles Line Cutting with New Boarding Tech
American Airlines has introduced a new solution to stop boarding line cutters, and it comes with a distinct sound. As reported by CNBC, the airline’s latest system emits a two-tone…
Five Charged for Phishing Attacks on US Companies
The U.S. Department of Justice (DOJ) has charged five individuals believed to be part of the Scattered Spider hacking group, accusing them of orchestrating a series of phishing and hacking…
Logan Paul Accused of Undisclosed Profits from Cryptocurrency Promotions
Social media influencer Logan Paul is currently embroiled in controversy following a BBC investigation that accuses him of profiting from cryptocurrency promotions without proper disclosures. The investigation reveals a complex…
Meta Brings HD Video Calls, AI Backgrounds, and More to Messenger
Meta has rolled out an update for Messenger, introducing HD video calls, AI-generated backgrounds, and enhanced messaging options. These new features aim to elevate the app’s video and audio calling…
Russia Sets to Impose Crypto Mining Limits in 13 Regions to Conserve Energy
The Russian government is actively deliberating the imposition of crypto mining restrictions across 13 regions to mitigate energy shortages, particularly during peak demand periods. This decision follows the enactment of…
Indonesia Considers Apple’s Offer to Lift iPhone 16 Restrictions
Indonesia will review a US$100 million investment proposal from Apple Inc. as the tech giant aims to reverse the government’s ban on iPhone 16 sales. The Ministry of Industry announced…