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Month: October 2024

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  • Nvidia Tops Apple to Become World’s Most Valuable Company

Nvidia Tops Apple to Become World’s Most Valuable Company

Nvidia has claimed the title of the world’s most valuable company, temporarily surpassing Apple on Friday after a historic stock rally driven by extraordinary demand for its artificial intelligence (AI)…

Bitwise Executive Forecasts Bitcoin Surge to $92K with Trump Presidential Win

The intersection of cryptocurrency and politics reaches a notable peak as industry experts weigh in on the potential financial implications of the upcoming U.S. presidential election. Jeff Park, the head…

Singapore Airport Cuts Immigration Time to 10 Seconds Using Biometric Scanning

Singapore’s Changi Airport has significantly accelerated its immigration process, allowing travelers to clear in just 10 seconds using advanced facial recognition and iris biometric technology. According to a statement released…

Bluesky Raises $15M, Sticks to Fairness With Upcoming Premium Plan

Bluesky, a decentralized social media app, has announced a $15 million Series A funding round as it works on introducing a new subscription service. This funding follows an $8 million…

Radiant Capital Exploiter Transfers $52 Million to Ethereum in Aftermath of DeFi Hack

Recently, the decentralized finance (DeFi) platform Radiant Capital suffered a significant breach, resulting in the theft of over $50 million. This event has added to the growing concerns about security…

Microsoft Shareholders to Consider Proposal on Bitcoin Investment Strategy

In an upcoming shareholder meeting on December 10, Microsoft shareholders will vote on a significant proposal regarding the potential addition of Bitcoin to the company’s balance sheet. This proposal, detailed…

Intel Wins Overturning of €1bn Fine in EU Competition Case

Intel has won a significant victory in its long-running legal battle to overturn a €1.06bn (£880m) fine imposed by the European Commission for allegedly abusing its market dominance in the…

Amazon to End Same-Day Delivery Service from Brick-and-Mortar Stores

Amazon is shutting down its same-day delivery service, Amazon Today, which facilitated rapid deliveries from mall and brick-and-mortar retailers, according to information obtained by CNBC. Development on the service has…

Roblox to Launch New Child Safety Controls Next Month

Roblox is introducing significant changes to enhance child safety and give parents more control over their children’s activities on the platform. Starting next month, these updates will implement a range…

Huawei Cloud sees rapid expansion in South Africa’s growing market

Huawei Cloud has witnessed significant business growth in South Africa over the past five years, with plans to introduce more cloud solutions to increase its market share and drive revenue…

SEC Retains Focus on Cryptocurrencies in 2025 Examination Priorities

The U.S. Securities and Exchange Commission (SEC) has reiterated its commitment to scrutinize the cryptocurrency sector by including it as a focal point in its 2025 examination priorities. This decision…

Rivian Faces Scrutiny After Reports of Serious Injuries at Factory

Electric vehicle manufacturer Rivian‘s factory in Normal, Illinois, has amassed 16 serious safety violations from the Occupational Safety and Health Administration (OSHA) within a 21-month period, according to a report…

Binance Executive Released from Nigeria Following Dismissal of Legal Charges

Tigran Gambaryan, a senior executive at Binance specializing in financial crime compliance, has been released from detention and has left Nigeria. His release comes after an eight-month legal battle involving…

Apple Invites Security Experts to Hack Its AI Servers with Bounties Up to $1 Million

Apple is offering security researchers up to $1 million to uncover vulnerabilities in its Private Cloud Compute, a new server system that will handle complex generative AI tasks for its…

Tether Suggests Boron-Backed Digital Tokens to Turkish Government

Tether, the entity behind the world’s largest stablecoin by market capitalization, has recently approached the Turkish government with a proposal to innovate in the digital asset space by creating tokens…

Adobe Fresco Makes All Previously Paid Features Free for Everyone

Adobe has made its painting app, Adobe Fresco, entirely free, allowing users to access previously paywalled features without any cost. Originally launched nearly five years ago at $10 a year,…

OpenAI Plans to Release Orion AI Model by December

OpenAI is reportedly preparing to release its next major AI model, codenamed Orion, by December 2024. Unlike previous models such as GPT-4o and o1, Orion will not be immediately available…

China Welcomes Tesla and HSBC in New Telecom Service Pilot

Tesla and HSBC are leading the way in a new pilot programme launched by China that allows foreign firms to independently operate data centres and provide telecom services. The programme,…

Ethereum’s ‘Verge’ Upgrade to Enable Node Operations on Phones and Smartwatches

Ethereum is gearing up for a significant transformation with its upcoming “The Verge” upgrade, which aims to enhance the network’s security and accessibility. Vitalik Buterin, co-founder of Ethereum, has highlighted…

LinkedIn Fined €310 Million by EU for Data Privacy Violations

LinkedIn has been fined €310 million ($335 million) by Ireland’s Data Protection Commission (DPC) for improperly using members’ personal data in targeted advertising, a violation of the European Union’s General…