Hong Kong Ceases License Applications for Cryptocurrency Exchanges
In a significant regulatory shift, as of February 29, Hong Kong has announced the cessation of accepting license applications from cryptocurrency exchanges. This development heralds a new era of compliance…
Bumble Seeks to Revive its BFF Platform Amid A Dating App Slump
Bumble, the renowned dating app creator, is embarking on a strategic transformation to rejuvenate its Bumble BFF platform, a segment dedicated to fostering platonic relationships. This shift comes in the…
Intel identifies AI potential in a dedicated, programmable chip division
In a significant development from the tech giant, Intel‘s programmable chip unit has officially commenced operations as a separate entity at the start of this year. The division, now named…
Central Bank of Nigeria Expresses Concerns Over Binance Amidst Regulatory Scrutiny
In a recent development that has caught the attention of both national and international observers, Binance, the world’s largest cryptocurrency exchange, has come under increased scrutiny from Nigerian authorities. The…
Waymo Gains Approval to Launch Paid Robotaxi Service in Los Angeles and San Francisco
Waymo, the autonomous vehicle division of Alphabet Inc., has received the green light from the California Public Utilities Commission (CPUC) to begin charging for its robotaxi services within Los Angeles,…
Bfree, a Nigerian tech startup that promotes ethical debt recovery, secures $3M in funding
In the bustling tech landscape of Nigeria, Bfree stands out as a beacon of innovation and ethical practice in the debt collection industry. Founded with the vision to revamp the…
HashKey OTC Gains Preliminary License Approval from Singapore’s Monetary Authority
HashKey Technology Services, the distinguished over-the-counter (OTC) trading division of the HashKey Group, marked a significant milestone on February 28 by receiving in-principle approval from the Monetary Authority of Singapore…
Bumble Cuts Workforce by 30% in Strategic Shift
Bumble, a leading dating platform known for its women-first approach, has announced a significant reduction in its workforce. Approximately 350 employees, constituting 30% of the company’s workforce, are set to…
Dell Projects Positive Outlook for Fiscal Year 2025 Due to Huge Demand for AI Servers
In a remarkable financial update, Dell Technologies announced its annual revenue and profit projections that significantly exceed the expectations of Wall Street analysts. This optimistic forecast is largely attributed to…
Shido Token’s Value Tumbles by 94% Following Ethereum Staking Contract Breach
In a startling turn of events, the Shido blockchain, a layer-1 entity, witnessed a dramatic plunge in its token value, nosediving by up to 94% within a mere half-hour. This…
TikTok Faces Further Song Losses Amid Its Dispute with UMG
TikTok and Universal Music Group (UMG) are embroiled in a contentious dispute leading to the removal of a significant portion of songs from the popular social media platform, as confirmed…
Figure achieves a $2.6 billion valuation by capitalizing on the excitement surrounding humanoid robots.
In a monumental move for the robotics industry, the Bay Area-based Figure Robotics has officially announced securing a whopping $675 million in Series B funding, propelling the startup’s valuation to…
Gradial Secures $5.4 Million in Funding to Integrate AI into Corporate Marketing Processes
In an ambitious leap forward for marketing automation, Gradial, a burgeoning artificial intelligence startup, has successfully closed a seed funding round of $5.4 million. This financial infusion, led by the…
Uniswap Announces Web Wallet Extension Launch
Decentralized exchange (DEX) Uniswap is set to enhance its ecosystem with the introduction of a web wallet extension for its native wallet, according to a recent announcement on February 27.…
Massive Layoffs at PlayStation: 900 Jobs Cut Across Key Studios
PlayStation has announced the layoff of approximately 900 employees, signaling a major restructuring within Sony Interactive Entertainment (SIE). This decision affects roughly 8% of the workforce in PlayStation’s division, underscoring…
Qualcomm introduces the new and improved Snapdragon X80 5G Modem-RF System at Mobile World Congress 2024
At the prestigious Mobile World Congress (MWC) held in Barcelona, Qualcomm Technologies Inc. made headlines with the unveiling of its 7th-generation Snapdragon X80 5G Modem-RF System. This groundbreaking development is…
U.S. Miners Less Affected by Bitcoin Halving Due to Energy Efficiency
Recent investigations by Hashlabs Mining reveal that the United States hosts 40% of global Bitcoin mining activities, a significant statistic that highlights the country’s dominant position in the cryptocurrency mining…
Gemma by Google: Bridging the Gap with Open-Source AI for English Language Mastery
Google has announced the release of Gemma 2B and Gemma 7B, a new suite of open-source artificial intelligence (AI) models. This strategic development is designed to empower developers by providing…
Filigran, maker of OpenCTI, secures $16 million for cybersecurity suite.
In the heart of Paris, a burgeoning cybersecurity startup named Filigran is making waves with its innovative approach to threat management. Leveraging the success of its flagship product, OpenCTI, Filigran…
Matrixport Signals Caution Amid Market Exuberance Following Bitcoin’s Surge Past $60K
In a recent observation, Daniel Yan, the co-founder of the Singapore-based cryptocurrency service firm Matrixport, has voiced concerns over the potential for a market correction following Bitcoin’s climb to its…