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Month: October 2024

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  • European Central Bank Paper Claims Older Bitcoin Holders Exploit New Investors

European Central Bank Paper Claims Older Bitcoin Holders Exploit New Investors

A recent paper published by the European Central Bank (ECB) on October 12, 2024, has sparked controversy by claiming that older Bitcoin holders profit at the expense of newer investors.…

Perplexity AI Looks to Raise $500 Million at $8 Billion Valuation

Perplexity AI is reportedly in discussions to raise $500 million in a new funding round, which could more than double its valuation to $8 billion or higher, according to sources…

Internet Archive Hackers Exploit Zendesk Access Again

Hackers who breached the Internet Archive earlier this month continue to exploit the organization’s security vulnerabilities, now using exposed Zendesk access tokens to send unauthorized email blasts. Despite the Archive’s…

Quantum Breakthroughs and Encryption: China’s Progress and Its Implications

Recent developments from Shanghai University have stirred the tech community with claims of breaking RSA encryption algorithms crucial to banking, military, and cryptocurrency applications. Despite the buzz, these claims, as…

Fuji Soft Backs KKR’s Initial Offer as Bain Presents Higher Proposal

The board of Japan’s Fuji Soft (9749.T) is continuing to back the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, despite receiving a higher counter-offer…

Mira Murati Starts Fundraising for AI Startup After Leaving OpenAI

Mira Murati, the former Chief Technology Officer at OpenAI, is currently in the process of raising venture capital for a new artificial intelligence (AI) startup, according to Reuters. Murati, who…

Trump Trolls Harris with French Fry Stunt at Pennsylvania McDonald’s

In a strategic move just over two weeks before Election Day, former President Donald Trump appeared at a McDonald’s in Feasterville, Pennsylvania, to serve up french fries and political jabs…

Musk Gives Away $1 Million Daily to Petition Signers in Support of Trump

Elon Musk is offering $1 million every day to one person who signs a petition from his political action committee (PAC), America PAC, in support of the U.S. Constitution. The…

SEO Werkz Rebrands: Upward Engine Delivers Modern Marketing Solutions

As a recent article on Backlinko explained, optimizing websites and content for user engagement and satisfaction is becoming increasingly important with Google now relying more on ‘user signals’ for ranking.…

Apple’s iPhone Sales in China Climb 20% in First Three Weeks

Apple’s new iPhone sales in China surged 20% in the first three weeks following their launch, according to data from research firm Counterpoint. This growth compares to the 2023 model’s…

Nvidia, Google, and Microsoft Showcase AI Solutions for Health-Care Workers

Nvidia, Google, Microsoft, and a host of other tech companies are heading to Las Vegas to showcase their AI-powered health-care tools, aimed at reducing the administrative burden on doctors and…

Samsung delays ASML chip equipment deliveries for new Texas factory, sources reveal

Samsung Electronics has delayed receiving deliveries of ASML’s chipmaking equipment for its new $17 billion factory in Taylor, Texas, as it faces challenges securing major customers for the project, according…

Waymo Rewards San Francisco Riders with $3 Credit For Transit Station Trips

Waymo is offering a $3 credit to Bay Area riders of its autonomous robotaxi service when they travel to or from select public transit stations in San Francisco. This pilot…

Cyprus Halts Crypto Applications in Preparation for EU-Wide MiCA Regulation

The European Union is set to consolidate cryptocurrency regulation under the new Markets in Crypto-Assets (MiCA) framework by December 30, replacing national laws concerning crypto asset service providers (CASPs). The…

ChatGPT App Now Available for Windows Users

OpenAI has introduced a new preview version of its ChatGPT app for Windows, now available exclusively to ChatGPT Plus, Team, Enterprise, and Edu users. This early version of the app,…

Whole Foods embraces automation as Amazon partners with Fulfil

Amazon is integrating technology from Fulfil, a Khosla Ventures-backed startup, into its Whole Foods stores as part of its push for increased automation in its grocery operations. The retail giant…

Ireland to Implement Urgent Crypto Regulations Ahead of New EU Anti-Money Laundering Directives

Ireland is on the verge of updating its cryptocurrency regulations in response to upcoming Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) standards set by the European Union. The country’s Finance…

Casio Systems Remain Down After Ransomware Attack

Japanese electronics giant Casio has confirmed that several of its systems remain unusable almost two weeks after being hit by a ransomware attack. A Casio spokesperson, Ayuko Hara, informed TechCrunch…

Hong Kong Police Dismantle $46 Million Deepfake Crypto Romance Scam

Hong Kong police have successfully dismantled a sophisticated criminal operation using artificial intelligence deepfakes to orchestrate a crypto romance investment scam, leading to the arrest of 27 individuals. This elaborate…

Pro-Trump PAC Receives $7.5 Million in Cryptocurrency Donations

The Trump 47 PAC, aligned with former President Donald Trump, has raised $7.5 million in various cryptocurrencies to support his presidential campaign, according to an October 15 filing with the…