Decade-Dormant Bitcoin Wallets Transfer $61M, Stirring Market Curiosity
Two previously dormant Bitcoin wallets, containing a total of 1,000 BTC valued at $61 million at today’s prices, have suddenly sprung into action after a ten-year sleep. This unexpected movement…
Activity Declines Notably on Bitcoin’s Runes Protocol
Since its launch, the Runes protocol has experienced a noticeable decrease in user engagement and transaction volume. This change has sparked discussions about the sustainability and long-term viability of the…
South Korea prepares a big $7 billion support package for its chip industry.
South Korea is poised to significantly bolster its semiconductor industry with an expansive support package valued at over 10 trillion won ($7.30 billion), according to statements made by Finance Minister…
Binance Bribery Allegations Put Nigeria’s Foreign Investment at Risk
The recent bribery allegations by Binance CEO Richard Teng against Nigerian government officials are casting a shadow over Nigeria’s efforts to attract foreign investment. SBM Intelligence, a prominent Africa-focused risk…
Apple’s New Payment Option Sees Low Adoption Among Developers
Apple’s recent initiative allowing App Store developers to use external payment methods has seen minimal uptake. As revealed in a legal hearing on Friday, only 38 developers have chosen to…
Biden aims to curb the influx of low-cost Chinese electric vehicles.
In a bold move aimed at recalibrating the competitive landscape of the electric vehicle (EV) market in the United States, President Joe Biden’s administration is reportedly poised to significantly ramp…
Analysts Predict Potential ‘Explosive Rally’ in Altcoin Market, Highlight Key Indicators
The altcoin market appears to be at a pivotal stage, often referred to as the “disbelief stage,” which precedes significant rallies according to historical patterns. This article delves into the…
Maryland Apple Store Workers Vote to Authorize Strike
Workers at an Apple retail store in Towson, Maryland, members of the International Association of Machinists and Aerospace Workers, have voted to authorize a strike. In 2022, the Towson store…
Tech giants begin to view Southeast Asia as the next huge opportunity.
Long perceived as a peripheral player in the technology sector, Southeast Asia is rapidly establishing itself as a pivotal hub for the industry. This dynamic change is highlighted by the…
AMD earns 2024 Corporate Innovation Award for chiplet technology.
In a prestigious ceremony held in Boston, the Institute of Electrical and Electronics Engineers (IEEE) bestowed upon Advanced Micro Devices (AMD) the esteemed 2024 Corporate Innovation Award. This recognition celebrated…
Hungryroot Uses AI to Tackle Food Waste in the US
Hungryroot, a startup based in New York, is addressing food waste significantly with artificial intelligence. Nine years old, the company optimizes grocery deliveries by ensuring customers receive only what they…
Nintendo is discontinuing the integration of Twitter/X with Switch.
In a seismic shift within the gaming and social media spheres, all three major video game console giants have announced the cessation of their integrations with Elon Musk’s once-popular social…
Mistral AI’s valuation soars to a huge $6 billion; SoftBank opts out, while DST jumps in.
In a bid to fortify its position in the competitive landscape of generative AI, Mistral AI, headquartered in Paris, has successfully raised $600 million at a valuation of $6 billion.…
OpenAI Explores NSFW Content Boundaries but Firmly Excludes Pornography
OpenAI has recently updated its guidelines concerning the generation of Not Safe For Work (NSFW) content via its platforms, such as ChatGPT and its API. While the company has opened…
Match Group Sees Growth for Hinge as Tinder Declines
Match Group, the parent company of popular dating apps Tinder and Hinge, reported a contrasting performance between the two platforms in its first-quarter earnings release. Tinder’s paying user base has…
India may delay UPI market caps, favoring the PhonePe-Google Pay duopoly.
India’s mobile payments landscape stands at a crossroads as the National Payments Corporation of India (NPCI) contemplates extending the deadline for imposing market share caps on the Unified Payments Interface…
Intel and motherboard manufacturers disagree on CPU stability remedies.
In the ever-evolving landscape of computer hardware, stability remains paramount, especially for gamers pushing their systems to the limits. Recent developments in the realm of motherboard BIOS updates have thrown…
Disney Plus and Hulu to Feature Targeted Ads Through Walmart Data
Walmart has entered into a strategic partnership with Disney to leverage shopper data for targeted advertising on Disney’s streaming platforms, Disney Plus and Hulu, as reported by Adweek. This collaboration,…
New TikTok Update Labels AI-Generated Content Automatically
On Thursday, May 9th, TikTok has initiated a significant update to its platform by beginning to automatically label videos and images that are created with artificial intelligence. This new feature…
DEEPX, an AI chip startup, successfully raises $80 million in Series C funding, valuing the company at $529 million.
In the ever-evolving landscape of artificial intelligence (AI) technology, South Korean startup DEEPX has emerged as a frontrunner in the development of on-device AI chips. The company, known for its…