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Month: August 2024

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  • Uber Faces Record €290 Million Fine Over Data Transfer Violations

Uber Faces Record €290 Million Fine Over Data Transfer Violations

Uber has been fined €290 million ($324 million) by the Dutch Data Protection Authority (DPA) for improperly transferring European driver data to the United States without adequate safeguards. This is…

Crypto Investment Products Record Highest Inflows in Five Weeks

Cryptocurrency investment products have witnessed significant inflows, marking the largest investment surge in five weeks, particularly into Bitcoin-related exchange-traded products (ETPs). This increase in activity comes amid speculations about potential…

Ikea Tests Secondhand Marketplace in Madrid and Oslo

Ikea is conducting a trial of its secondhand furniture marketplace, Ikea Preowned, in Madrid and Oslo, offering a new way for customers to buy and sell used Ikea items online.…

Weekly NFT Sales Show Recovery Despite Ongoing Market Challenges

The non-fungible token (NFT) market has seen a notable rebound in weekly sales volumes across some of the leading blockchains for digital collectibles after experiencing several downturns throughout 2024. According…

Judge Temporarily Halts Biden’s Green Card Program for Undocumented Immigrants Married to U.S. Citizens

A federal judge in the Eastern District of Texas has temporarily blocked a Biden administration program that would have allowed undocumented immigrants married to U.S. citizens to apply for green…

India’s AI Startups Introduce Affordable Voice Bots Nationwide

Executives from Alphabet Inc.’s Google DeepMind, Microsoft Corp, and Meta Platforms Inc recently gathered in Bangalore with tech founders to witness Sarvam AI, one of India’s leading AI startups, introduce…

Thai Authorities Crack Down on Illegal Bitcoin Mining Operation Linked to Power Outages

Authorities in Thailand have taken decisive action against an illegal Bitcoin mining operation in Ratchaburi, a town located west of Bangkok. This raid, conducted on August 23, follows numerous complaints…

Binance Labs: New AI Investments Poised to Drive Growth in AI-Powered DApps

As artificial intelligence (AI) continues to converge with blockchain technology and digital assets, Binance’s venture capital and incubator arm, Binance Labs, has directed its investments toward AI-focused startups. Max Coniglio,…

Chinese Electric Vehicles Face 100% Tariff in Canada

Canada announced it will impose a 100% tariff on Chinese electric vehicles (EVs), starting October 1, aligning with similar moves by the United States and European Union. This measure will…

Stablecoin Market Cap Reaches Record High Following 11 Months of Consecutive Growth

The stablecoin market has reached a new all-time high, with its capitalization hitting $168 billion, marking 11 consecutive months of growth. This surge surpasses the previous peak observed in March…

Nvidia Partner Introduces Technology to Halve Data Center Energy Use

Nvidia partner Sustainable Metal Cloud (SMC) claims its innovative cooling technology can cut data center energy usage by up to 50% as the artificial intelligence (AI) boom drives demand for…

Mac Users Cautioned Over New “Cthulhu Stealer” Malware Targeting Crypto Wallets

Apple Mac users are currently facing a new cybersecurity threat from a malware strain known as “Cthulhu Stealer.” This malicious software has the capability to steal personal information, including credentials…

AI Tokens Surge Ahead of Anticipated Nvidia Earnings Report

Artificial intelligence-focused cryptocurrency tokens have experienced significant gains over the past week in anticipation of a major second-quarter earnings report from Nvidia, a tech giant known for its cutting-edge graphics…

Singapore Ecommerce Centre Launches Singapore’s First AI-Powered Wellness Portal with Personalized Plans and Extensive Video Library

Singapore, August 2024 — Singapore Ecommerce Centre is thrilled to announce the launch of Singapore’s first AI-powered wellness portal, healthhub.nanosingaporeshop.com, dedicated to helping Singaporeans lead healthier lifestyles. This unique platform…

NLK Plumbing Announce the Dangers of DIY Drain Cleaning

NLK Plumbing has issued a warning to homeowners about the dangers of DIY drain cleaning by highlighting the risks of damage to pipes, health hazards and costly repairs. As a…

Swiggy Plans $15 Billion Valuation with Major IPO Move

Swiggy, a prominent Indian food delivery company backed by SoftBank, is planning to pursue a valuation of approximately $15 billion for its upcoming initial public offering (IPO), aiming to raise…

Shiba Inu’s DAO Launch: A Step Towards Decentralized Governance

The team behind Shiba Inu, a popular memecoin and the 13th largest cryptocurrency by market capitalization, is gearing up to introduce a decentralized autonomous organization (DAO). This move marks a…

Local Crypto Stakeholders Advocate for Compliance-Based Regulation in Nigeria

Local stakeholders in Nigeria’s cryptocurrency sector are pushing for a regulatory framework that emphasizes compliance over criminalization. This shift is championed by Obinna Iwuno, the former president of the Stakeholders…

US Trustee Raises Concerns Over FTX’s Reorganization Plan

The reorganization proceedings for FTX, the beleaguered cryptocurrency exchange, have hit a significant snag. The U.S. trustee overseeing the case has lodged major objections against FTX’s revised reorganization plan. This…

Quasar Markets Partners with Finit to Enhance User Experience with TradePulse Stock Market Analysis Solution

Quasar Markets, a pioneering financial services marketplace that integrates advanced AI technologies, is thrilled to announce its new partnership with Finit, a leading provider of innovative trading solutions known for…