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Month: November 2024

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  • NFTs Record $158M Weekly Sales Volume, Led by Ethereum and Bitcoin

NFTs Record $158M Weekly Sales Volume, Led by Ethereum and Bitcoin

Non-fungible tokens (NFTs) showed resilience in their weekly sales volume, recording approximately $158 million in sales for the week ending Nov. 24. Despite a slight decrease compared to the previous…

Tim Cook’s Trump Approach Becomes a Guide for CEOs

Apple CEO Tim Cook achieved what many corporate leaders struggled to accomplish: he forged a personal connection with Donald Trump during his presidency. This unique relationship, cultivated through direct engagement…

Australia Begins Consultation on OECD Crypto Reporting Framework

Australia’s Treasury Department has launched a consultation paper on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF). The initiative is aimed at improving tax transparency…

Matt Gaetz Now Offering Pep Talks and Holiday Wishes on Cameo

After announcing he would not return to Congress, former Florida Representative Matt Gaetz has turned to a new career opportunity: personalized video messages on Cameo. Gaetz joined the platform on…

Huawei Targets 100,000 Apps on HarmonyOS Within a Year

Huawei, a leading tech company in China, announced its ambitious plan to host 100,000 applications on its HarmonyOS within the next year. The announcement underscores Huawei’s efforts to build self-reliance…

Tesla and Rivian Near Resolution in Trade Secrets Lawsuit

Tesla and Rivian are moving toward resolving a long-standing legal dispute over allegations of employee poaching and trade secret theft. Tesla, which initiated the lawsuit in 2020, recently informed a…

Apple Revisits the Idea of an Apple-Branded TV

Apple is once again toying with the idea of manufacturing its own television set, according to reports from Bloomberg’s Mark Gurman. While the company has long considered entering the TV…

Microsoft Halts Windows 11 Update After Ubisoft Game Crashes

Microsoft has confirmed that its Windows 11 version 24H2 update is causing problems for some Ubisoft games, including crashes and black screens. In response, the company has halted the update’s…

Nvidia CEO Addresses Impact of US Policy on Tech Innovation

Nvidia CEO Jensen Huang expressed optimism about the continuity of global cooperation in technology despite potential shifts in U.S. export controls under the next administration. Speaking in Hong Kong on…

Industry Leader Advocates Broader Scope for European Chips Act Revision

The European Semiconductor Industry Association (ESIA) has urged the European Commission to expand its semiconductor strategy to include “foundational and legacy” chips, citing the region’s established expertise in these technologies.…

YouTube Shorts Expands Dream Screen with AI Video Backgrounds

YouTube has upgraded its Dream Screen feature for Shorts, introducing AI-generated video backgrounds. Announced Thursday, the update enables creators to transform text prompts into animated video settings, leveraging Google DeepMind’s…

Mastercard, JPMorgan Integrate Blockchain Payment Solutions for Cross-Border Transactions

Mastercard and JPMorgan have partnered to create a new cross-border business-to-business payment solution, integrating Mastercard’s Multi-Token Network (MTN) with JPMorgan’s Kinexys Digital Payments. This collaboration enables mutual customers to settle…

China’s Wealthiest Man Demands Apology from ByteDance Founder

Zhong Shanshan, the founder of Nongfu Spring Co. and China’s richest individual, has openly criticized two of the country’s tech giants, PDD Holdings Inc. and ByteDance Ltd., blaming them for…

SEC Chair Gary Gensler to Step Down in January 2025

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), will step down on January 20, 2025, the same day President-elect Donald Trump begins his second presidential term.…

Threads Makes Big Changes to Prioritize Accounts You Follow

Meta’s Threads is finally doing what users have been asking for—showing them more of what they actually want to see. Instagram head Adam Mosseri announced that Threads’ algorithm is being…

Baidu’s Revenue Slumps as AI Strategy Faces Hurdles

Baidu Inc., a Chinese pioneer in artificial intelligence, reported a 3% decline in revenue for the third quarter, marking its steepest drop in over two years. The company attributed the…

WhatsApp Launches Voice Message Transcripts

WhatsApp has introduced a new feature that allows users to transcribe voice messages into text, a convenience for those in noisy environments or situations where listening isn’t an option. Announced…

BitGo Launches MAS-Regulated Crypto Subsidiary in Singapore

California-based cryptocurrency exchange BitGo has launched a subsidiary in Singapore, following the receipt of a major payment institution license from the Monetary Authority of Singapore (MAS) three months earlier. On…

Amazon Launches Echo Show 21 Smart Display

Amazon has unveiled the Echo Show 21, its largest and most advanced smart display yet, equipped with a suite of new features aimed at improving both entertainment and functionality. Sporting…

South Korea Confirms North Korea Behind $50 Million Upbit Cryptocurrency Hack

South Korean authorities have officially confirmed that North Korean hacker groups were responsible for the $50 million cryptocurrency theft from Upbit, a South Korean-based cryptocurrency exchange, in 2019. On November…