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Month: August 2024

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Nvidia Approves Samsung’s HBM3E Chips for AI Processors

Samsung’s latest high-bandwidth memory (HBM) chips have passed Nvidia’s tests for use in its artificial intelligence (AI) processors, according to three sources familiar with the matter. This development marks a…

EtherealX Secures $5M to Revolutionize Satellite Launches in India

Indian space startup EtherealX has secured $5 million in seed funding to develop fully reusable medium-lift launch vehicles, aiming to make satellite launches more cost-effective and time-efficient. Space launches have…

New Chinese Internet Satellites Aim to Challenge Starlink

China launched the first batch of its “Thousand Sails” internet satellites on Tuesday, aiming to rival Elon Musk’s Starlink. The constellation, planned to comprise more than 15,000 low-Earth orbit (LEO)…

Robinhood Halts 24-Hour Trading for an 8-Hour Period

The stock trading app Robinhood, known for its cryptocurrency-friendly platform, experienced an 8-hour suspension of its 24-hour market, executed through Blue Ocean ATS (BOATs), on August 6. This temporary halt…

Kamala Harris Unveils Running Mate Tim Walz at Energetic Philadelphia Rally

In a display of Democratic unity and excitement, Kamala Harris introduced her vice-presidential pick, Tim Walz, at a spirited rally in Philadelphia, describing him as “the kind of vice-president America…

Malaysia Aims to Enhance Semiconductor Industry with New Chip-Design Hub

Malaysia has established a chip-design hub in Selangor state to enhance its semiconductor industry and attract foreign investments. This initiative aims to upgrade Malaysia’s capabilities from traditional testing and packing,…

U.S. Lawmakers Call for CFTC Action to Prohibit Betting on Presidential Elections

Five U.S. Senators and three Representatives have intensified their appeal to the Commodity Futures Trading Commission (CFTC) to enforce a ban on wagering activities related to the 2024 presidential election.…

Judge Finds Google Guilty of Search Monopoly

A federal judge ruled on Monday that Google has maintained an illegal monopoly in the search and text advertising markets, marking the first significant antitrust win against a tech giant…

Trump Advises Against Selling U.S. Bitcoin Holdings

In a recent dialogue with streamer and influencer Adin Ross, former President Donald Trump shared insights on the strategic importance of retaining the United States’ Bitcoin holdings. He emphasized the…

Europe’s Fourth-Largest Hedge Fund Invests Nearly $500M in Bitcoin ETFs, According to Filing

Capula Management, ranked as Europe’s fourth-largest hedge fund, has significantly invested in Bitcoin exchange-traded funds (ETFs), channeling nearly $500 million into this digital asset class, as revealed in recent public…

Microsoft Ties Employee Reviews to Security Performance

Microsoft is now prioritizing security as a fundamental aspect of employee performance reviews. The company, responding to years of security issues and criticisms, has made this shift official as of…

Arizona Primary with $1.3M Crypto Super PAC Funding Hangs in the Balance

After more than a week of counting ballots, the Democratic primary in Arizona‘s 3rd Congressional District is proving to be exceptionally tight and could potentially be decided by a single…

Copymatic.ai Demonstrates AI Capabilities with Fully AI-Generated Blog

Copymatic.ai has launched an innovative AI writing assistant that is set to transform the landscape of content creation. This state-of-the-art platform is designed to streamline the process of crafting long-form…

OpenAI Holds Back Tool That Detect Academic Cheating via ChatGPT

OpenAI has developed a text watermarking tool capable of detecting essays authored by ChatGPT with significant accuracy. This development follows a report from The Wall Street Journal suggesting the tool…

Justin Sun Refutes Liquidation Speculations During Market Unrest

Justin Sun, the founder of Tron and Huobi (HTX), has rebutted allegations suggesting that leveraged futures positions at HTX were liquidated during the recent sharp downturn in the market, asserting…

Chinese Tech Giants Increase Samsung Chip Stockpile Ahead of US Restrictions

Chinese technology companies, including Huawei and Baidu, as well as various startups, are actively stockpiling high bandwidth memory (HBM) semiconductors from Samsung Electronics in anticipation of potential U.S. export restrictions,…

Robinhood Confirms Its 24-Hour Trading Service is Operational

Amid swirling rumors of a service disruption, Robinhood has confirmed that its 24-hour trading platform remains fully functional. This statement comes in response to multiple reports suggesting otherwise. Clarification Amidst…

Elon Musk Revives Lawsuit Against OpenAI and Sam Altman in Federal Court

Elon Musk has revived a federal lawsuit against Sam Altman and Greg Brockman, alleging manipulation into co-founding OpenAI. Filed Monday, August 5, the lawsuit claims Musk was misled into investing…

European Commission Closes Case as TikTok Lite Drops Rewards Feature

The European Commission has concluded its Digital Services Act (DSA) investigation into TikTok Lite’s rewards feature, following TikTok’s commitment to permanently withdraw the mechanism from the EU. The “task and…

Musk Urged to Fix Chatbot Spreading False Election Information

Five secretaries of state are urging Elon Musk to address misinformation disseminated by X’s Grok AI chatbot about the 2024 presidential election. The chatbot falsely informed users that Vice President…