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Month: May 2024

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Thailand’s SEC Intensifies Action Against Misleading Cryptocurrency Advertisements

The Thai Securities and Exchange Commission (SEC) is intensifying its efforts to safeguard investors from misleading cryptocurrency advertisements. In a recent move, the regulator has issued a stark warning to…

InnerPlant Equips Plants with the Ability to ‘Speak’ About Their Health

A California-based startup, InnerPlant, is pioneering a novel approach to agricultural practices with its groundbreaking technology that enables plants to ‘communicate’ their distress to farmers. This innovative method employs fluorescent…

Huawei Malaysia expects industries to adopt 5.5G technology.

Kuala Lumpur – Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) has set its sights on revolutionizing various industries in Malaysia through the deployment of its 5G-Advanced (5.5G) technology. With its…

Analysts Debate Bitcoin’s Next Peak: $70K vs. $210K Amid Conflicting Predictions

The Bitcoin market is currently at a crossroads, with different models and analysts predicting vastly different peaks for this cycle. Veteran trader Peter Brandt has introduced the concept of “exponential…

Anthropic Launches Enterprise Plan and iPhone App, Challenging OpenAI’s ChatGPT

Anthropic, a generative artificial intelligence startup, has launched its first enterprise solution alongside a new iPhone application. As of Wednesday, May 1st, businesses can subscribe to Anthropic’s “Team” plan, which…

Google Wallet launches in India with local features; Google Pay remains.

Google Inc. is poised to introduce its Google Wallet service in India, nearly two years after its American relaunch as a comprehensive digital wallet platform. This introduction marks a significant…

MicroStrategy’s Michael Saylor Benefits Significantly from Bitcoin Investment Amid Record Gains

Michael Saylor, the visionary co-founder and executive chairman of MicroStrategy Inc., embarked on a significant investment journey in 2020 by acquiring large amounts of Bitcoin. This decision has proven exceptionally…

Expert Who Foretold 2018 Bitcoin Crash Suggests Current Bull Run May Have Ended

Peter Brandt, the seasoned chart analyst and CEO of Factor LLC, known for his bullish outlook on Bitcoin, has recently shifted his stance. In a new report to CoinDesk, Brandt…

Pinterest Reports AI Collages Outperforms Pins in User Engagement

Pinterest has announced that its AI-powered collages are now attracting three times more user engagement compared to its traditional Pins. This revelation was part of a broader discussion during the…

Eight US Newspapers File Copyright Infringement Lawsuit Against OpenAI and Microsoft

Eight US newspapers, including the New York Daily News, Chicago Tribune, and Denver Post, have initiated a lawsuit against OpenAI and Microsoft. The lawsuit was filed on Tuesday, 30th April,…

Microsoft’s $1.5 billion investment in G42 underscores escalating tensions between the US and China

In a significant development in the global technology landscape, Microsoft has announced a strategic investment of $1.5 billion in G42, an influential Abu Dhabi-based AI company. This investment not only…

Bain Plans IPO for Japan’s Kioxia to Facilitate Refinancing of $5.8 Billion Loan

Tokyo, Japan — Bain Capital has proposed launching an initial public offering (IPO) for Japan’s Kioxia Holdings, aiming to refinance a significant debt as the semiconductor company faces financial hurdles,…

Single Miner Claims 3.125 BTC Reward in Rare Solo Mining Success

In a rare feat within the Bitcoin mining community, a single Bitcoin miner successfully solved a Bitcoin block by themselves, securing the entire block reward of 3.125 Bitcoin, approximately valued…

Backflip Secures $15 Million to Assist Real Estate Investors in House Flipping

Backflip, a startup established in late 2020, has successfully raised $15 million in a Series A funding round led by FirstMark Capital. This investment will support Backflip’s innovative approach to…

Startup Rivos Secures $250 Million in Funding to Develop AI Chips Based on RISC-V Architecture

In a significant move that underscores the growing competition in the AI computing market, chip startup Rivos has announced a successful $250 million funding round. This influx of capital sets…

Australian Securities Exchange Anticipated to Sanction Spot Bitcoin ETFs by Year-End

Australia’s main securities exchange, the Australian Securities Exchange (ASX), is reportedly on the brink of approving several spot Bitcoin exchange-traded funds (ETFs) by the end of the year. This move…

Microsoft Invested in OpenAI Due to Concerns of Lagging Behind Google in AI

Microsoft’s $1 billion investment in OpenAI in 2019 was primarily driven by concerns that Google had significantly advanced in AI development, according to internal communications revealed in a US Justice…

AMD launches AI processors for corporate laptops and desktops.

Advanced Micro Devices (AMD), a leading semiconductor company, officially announced its latest innovation—a new series of chips specifically designed for artificial intelligence (AI) enabled business laptops and desktops. This move…

Ethereum’s Record Low Fees May Indicate Upcoming Altcoin Season, According to Santiment

Ethereum’s network fees have dipped to a six-month low, while the price of Ether has seen a modest increase over the recent weekend. This trend, highlighted by cryptocurrency analytics platform…

Tesla Pulls Back from Next-Gen ‘Gigacasting’ Manufacturing Process

Tesla has recently stepped back from its progressive gigacasting method of manufacturing, which would have allowed for entire vehicle underbodies to be produced in one piece. This change in strategy,…