Alibaba Takes on Rivals with E-Commerce Reshuffle
Alibaba Group is consolidating its domestic and international e-commerce operations into a unified business unit to counter increasing competition, according to a Thursday stock exchange filing. The move marks the…
Indian Quick-Commerce Giant Zepto Raises $350M
Zepto has secured $350 million in its third funding round in six months, cementing its position as a leading player in India’s burgeoning quick-commerce sector. The Mumbai-based startup, which plans…
Trump’s Presidency Expected to Boost DeFi and Gaming, Says Sky Mavis Co-Founder
Blockchain gaming and decentralized finance (DeFi) are poised for significant growth under Donald Trump’s presidency, according to Jeffrey Zirlin, co-founder of crypto gaming platform Sky Mavis. Speaking at the YGG…
Comcast to Spin Off Rotten Tomatoes, Fandango, and Cable Networks Into a New Public Company
Comcast is restructuring its portfolio by spinning off a group of NBCUniversal’s cable networks and digital assets into a new independent, publicly traded company. The move, announced Wednesday, includes channels…
Threads Takes Aim at Bluesky with Custom Feed Rollout
Meta has officially rolled out custom feeds for Threads, following a swift testing phase that began just last week. The feature, now available to all users, enables greater personalization by…
Japan Set to Implement Stimulus Package with Emphasis on Tax Reform, Including Cryptocurrency
Japan is poised to implement a new economic stimulus package by the end of 2024, as promised by Prime Minister Shigeru Ishiba, who has committed to engaging in bipartisan discussions…
American Airlines Tackles Line Cutting with New Boarding Tech
American Airlines has introduced a new solution to stop boarding line cutters, and it comes with a distinct sound. As reported by CNBC, the airline’s latest system emits a two-tone…
Five Charged for Phishing Attacks on US Companies
The U.S. Department of Justice (DOJ) has charged five individuals believed to be part of the Scattered Spider hacking group, accusing them of orchestrating a series of phishing and hacking…
Logan Paul Accused of Undisclosed Profits from Cryptocurrency Promotions
Social media influencer Logan Paul is currently embroiled in controversy following a BBC investigation that accuses him of profiting from cryptocurrency promotions without proper disclosures. The investigation reveals a complex…
Meta Brings HD Video Calls, AI Backgrounds, and More to Messenger
Meta has rolled out an update for Messenger, introducing HD video calls, AI-generated backgrounds, and enhanced messaging options. These new features aim to elevate the app’s video and audio calling…
Russia Sets to Impose Crypto Mining Limits in 13 Regions to Conserve Energy
The Russian government is actively deliberating the imposition of crypto mining restrictions across 13 regions to mitigate energy shortages, particularly during peak demand periods. This decision follows the enactment of…
Indonesia Considers Apple’s Offer to Lift iPhone 16 Restrictions
Indonesia will review a US$100 million investment proposal from Apple Inc. as the tech giant aims to reverse the government’s ban on iPhone 16 sales. The Ministry of Industry announced…
Toyota Develops Self-Pressurizer to Boost Cold Hydrogen Vehicle Efficiency
Toyota has unveiled a novel innovation for liquid hydrogen vehicles aimed at enhancing efficiency and minimizing fuel loss. The new system, showcased during the Super Taikyu Series 2024 race, incorporates…
OpenAI Wants to Teach Teachers About AI, But Not Everyone Is On Board
OpenAI wants teachers to get comfortable with AI. The company has partnered with Common Sense Media to launch a free online course designed to help K-12 educators understand and integrate…
Japan’s Kioxia to List with $5 Billion Market Value
Bain-backed Kioxia, a major player in the global chip market, is set to receive listing approval from the Tokyo Stock Exchange on Friday, two unnamed sources revealed. With an indicative…
Quasar Markets Named Best AI Research Platform at 2024 Benzinga Fintech Awards
New York, New York – Quasar Markets, a pioneer in financial research, is proud to announce it has received the prestigious “Chairman’s Award: Best AI Research Platform” at the 10th…
Ford to Lay Off 4,000 Workers in Europe and Scales Back EV Plans
Ford has announced plans to cut 4,000 jobs across its European operations while scaling back production targets for its Explorer and Capri electric vehicles (EVs). The move affects 14 percent…
South Korea’s Democratic Party Advocates for 20% Crypto Tax Starting in 2025
The Democratic Party of Korea (KDP) is making strides toward implementing a tax on cryptocurrency gains by the start of 2025, proposing a significant increase in the threshold for taxable…
Trump Appoints Pam Bondi as U.S. Attorney General Following Gaetz’s Withdrawal
On Thursday, President-elect Donald Trump made a quick decision to nominate Pam Bondi, the former Florida Attorney General, to the position of U.S. Attorney General. This move came after Matt…
Digital Wallets Face Bank-Like Regulations Under New CFPB Rule
The U.S. Consumer Financial Protection Bureau (CFPB) has announced a landmark ruling that will subject digital payment services to bank-like regulations. This new rule targets popular payment wallets and money…