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Month: October 2024

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  • UK Regulator Launches Formal Investigation into Alphabet’s Anthropic Investment

UK Regulator Launches Formal Investigation into Alphabet’s Anthropic Investment

The UK’s Competition and Markets Authority (CMA) has begun a formal investigation into Alphabet’s $2.3 billion investment in Anthropic, an AI startup known for its Claude chatbot. The CMA is…

Nvidia Strengthens AI Presence in India with New Partnerships

Nvidia is entering into a series of strategic partnerships with Indian companies to deploy its AI chips and technology, strengthening its presence in a key growth market. The U.S. chip…

Nvidia CEO Confirms Design Flaw in Blackwell Chips is Fixed

Nvidia’s CEO, Jensen Huang, announced on Wednesday that a design flaw in the company’s latest Blackwell AI chips, which had affected production, has been resolved. The fix came with the…

CharacterAI and Google Sued After Teen’s Death Connected to Chatbot

A lawsuit has been filed against Character.AI, its founders Noam Shazeer and Daniel De Freitas, and Google, following the death of a 14-year-old Florida boy, Sewell Setzer III. The lawsuit,…

HappyFlops Announces Global Expansion Following Scandinavian Success

HappyFlops, a leading Scandinavian footwear brand known for its unparalleled comfort and innovative design, is proud to announce its official global expansion. After selling over 1.5 million pairs across Scandinavia…

Apple and Goldman Sachs Face $89 Million Fine Over Mishandling Apple Card Disputes

Apple and Goldman Sachs have been fined $89 million by the Consumer Financial Protection Bureau (CFPB) for mishandling Apple Card transaction disputes and misleading customers about interest-free payment options. The…

President Biden Set to Formally Apologize for Historic Indian Boarding School Policies

In a historic gesture of reconciliation, President Joe Biden is scheduled to deliver a formal apology for the U.S. government-run boarding school system that forcibly separated Native American children from…

Chinese Companies Quietly Advance Autonomous Vehicle Testing on U.S. Roads

Chinese companies have been testing autonomous vehicles (AVs) in the U.S. for several years as part of their aggressive push to develop advanced driverless car technology. Major Chinese firms such…

Navigating the Crypto Landscape: Japan’s Conservative Stance on ETFs and Regulation

Japan remains cautious about integrating cryptocurrency-based exchange-traded funds (ETFs) into its financial ecosystem, contrasting with the proactive stances of other global economies like the United States and Hong Kong. This…

Bitcoin Struggles to Break $67K Despite Rising Interest from Retail and Institutional Investors

Bitcoin’s price remains stubbornly below the $67,000 mark despite significant interest from both retail and institutional investors. As of October 23, 2024, Bitcoin is trading at $66,432, reflecting a slight…

Tech Titans Bet Big on Augmented Reality: Meta, Snap, and More

Meta and Snap are investing billions in augmented reality (AR) technology, aiming to revolutionize digital interaction despite being years away from consumer-ready products. Meta has unveiled its ambitious AR prototype,…

Crypto Exchanges Should Bear the Brunt of Security, Not Users

At the recent Blockchain Life event held in Dubai, industry professionals deliberated on the distribution of security responsibilities within the cryptocurrency sector. Vugar Usi Zade, Chief Operating Officer at Bitget,…

IBM stock falls after third-quarter revenue disappoints Wall Street

IBM shares dropped by 3% in after-hours trading on Wednesday following the company’s third-quarter earnings report, which revealed lower-than-expected revenue from its consulting and infrastructure segments. While IBM’s adjusted earnings…

Chainlink Partners with Swift to Bridge Blockchain Payments with Traditional Finance

Chainlink, a leading provider of decentralized oracles, is set to revolutionize financial transactions by introducing a new blockchain payment solution tailored for the financial sector. In a strategic collaboration with…

Allegations of North Korean Involvement Rock Cosmos Ecosystem

In an unsettling revelation, Jacob Gadikian, a developer within the Cosmos ecosystem, disclosed on X that North Korean programmers might have been involved in the development of Cosmos’ Liquid Staking…

Tesla Plans to Launch More Affordable EVs in 2025

Tesla reaffirmed its commitment to launching more affordable electric vehicles (EVs) in early 2025, according to its third-quarter earnings report. The company reiterated that it is preparing to introduce new,…

SK Hynix Posts Record Gains Thanks to Generative AI Demand

SK Hynix, one of the world’s largest memory chipmakers, reported a record quarterly profit for the third quarter, driven by the surging demand for high bandwidth memory (HBM) used in…

FTC’s Ban on Fake Online Reviews Officially Begins

A federal ban on fake online reviews is now in effect, marking a significant shift in online commerce practices. The Federal Trade Commission (FTC) has prohibited the creation, sale, and…

American Potential Receives Honorable Mention at 2024 MarCom Awards for Podcast: Inspiring Stories Category

American Potential, the award-winning podcast hosted by Jeff Crank, is proud to announce it has received an Honorable Mention at the 2024 MarCom Awards in the Podcast: Inspiring Stories category. The episode, “Empowering…

AI voice systems for cars get a boost from Qualcomm and Google partnership

Qualcomm and Google are partnering to help car manufacturers develop AI voice assistants for vehicles using the Android Automotive OS (AAOS). Qualcomm announced that it is collaborating with Google to…