Amazon Receives FAA Approval for Expanding US Drone Deliveries
Amazon has received approval from the Federal Aviation Administration (FAA) to extend its drone delivery service, Prime Air, across more locations in the United States. This development marks a significant…
New House Bill Targets Chinese EV Makers and Their Connected Vehicles
Chinese electric vehicle (EV) manufacturers are facing a significant challenge in their bid to enter the U.S. market. A new bill introduced by U.S. Representative Elissa Slotkin aims to limit…
Survey Reveals Most Gamers Unfamiliar with Blockchain Gaming
Despite the growing buzz around blockchain games like Axie Infinity, Gods Unchained, Star Atlas, Decentraland, and The Sandbox within the blockchain community, their penetration into the mainstream gaming community remains…
Steam Accounts Cannot Be Inherited, Confirms Valve
Valve has clarified that Steam accounts are non-transferable upon the owner’s death, which means users cannot bequeath their game libraries through a will. This policy was confirmed in a recent…
India’s Agnikul launches 3D-printed rocket in sub-orbital test after delays
After two years of meticulous preparation and four delays due to technical glitches, Indian space startup Agnikul successfully launched its first sub-orbital test vehicle, powered by its unique 3D-printed rocket…
Uplink CEO Predicts Next $1 Trillion Firm to Emerge from DePIN Sector
The rapid expansion of the decentralized physical infrastructure network (DePIN) sector suggests that the next $1 trillion enterprise could emerge from this innovative field. Uplink’s co-founder and CEO, Carlos Lei…
Pinterest Launches New Inclusion Fund Initiative to Support Diverse Creators
Pinterest is broadening the scope of its creator support initiatives by transforming its Creator Inclusion Fund into the Pinterest Inclusion Fund, a move designed to incorporate small business owners from…
Binance France President Highlights TradFi Investment Surge Due to Bitcoin ETFs
The recent approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has marked a significant shift in the landscape of traditional finance (TradFi), creating a robust channel for…
Mistral Debuts Codestral, Its First Code-Focused AI Model
Mistral, the Paris-based AI startup, has launched Codestral, its first code-centric large language model (LLM). Codestral, a 22B parameter model now available under a non-commercial license, caters to a variety…
Hashdex Retracts Application for Spot Ether ETF
Investment manager Hashdex recently withdrew its application for a spot Ether exchange-traded fund (ETF), a notable development in the evolving landscape of cryptocurrency investment products. This decision came shortly after…
Didi Global Reports First Quarter Loss Amid Decline in Xpeng Income
BEIJING – Didi Global, China’s leading ride-hailing company, has announced a net loss for the first quarter of 2024, following two consecutive quarters of profitability. The company attributed the loss…
UK Researchers Use VR Games to Improve Deaf Children’s Speech Comprehension
Innovative research from the UK suggests virtual reality (VR) games could significantly improve the speech comprehension abilities of deaf children. A recent initiative called Bears (Both Ears) utilizes VR gaming…
New Samsung Chip Division Head Commits to Overcoming AI Era Challenges
SEOUL, May 30 – Samsung Electronics has appointed Young Hyun Jun as the new head of its chip division, urging staff to unite in a collective effort to reclaim the…
Dorsey-Backed Bitcoin Mining Pool Establishes Headquarters in El Salvador
Ocean Mining, a Bitcoin mining pool endorsed by Jack Dorsey, co-founder of Twitter (now X), is establishing a significant operational base in El Salvador, positioning itself as a global player…
Gemini Distributes $2.18 Billion to Earn Users After 18-Month Freeze on Withdrawals
Gemini, a prominent crypto exchange, has initiated the restitution of funds to users of its discontinued lending program, Gemini Earn. This move comes after an 18-month suspension of withdrawals, marking…
PayPal Extends PYUSD Stablecoin to Solana for Enhanced Payment Solutions
PayPal has strategically selected the Solana blockchain to broaden the utility of its stablecoin, PayPal USD (PYUSD), marking a significant expansion beyond its initial deployment on the Ethereum network. This…
Animoca Co-Founder Forecasts Crypto Market Value to Reach $200 Trillion in a Decade
In a recent episode of The Valr Podcast, Yat Siu, co-founder of the Hong Kong-based gaming software company and venture capital firm Animoca Brands, offered a highly optimistic projection for…
Hospitality Employee Sentenced for Laundering $2.5 Billion in Bitcoin
A hospitality worker in the United Kingdom has been sentenced to six years and eight months in prison after being convicted in a specialized court for laundering $2.5 billion worth…
Israel Initiates Digital Shekel CBDC Pilot for Payment Solutions
Israel is set to accelerate the development of its central bank digital currency (CBDC), the digital shekel, aiming to revolutionize its digital payments landscape. The Bank of Israel (BoI) is…
Microsoft Expands Copilot to Telegram
Microsoft has launched its AI-powered Copilot as an interactive chatbot on Telegram. This new feature, named Copilot for Telegram, is currently available in beta and operates seamlessly within the Telegram…