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Young Consumers Show Diminishing Interest in Traditional Blockchain Loyalty Programs
The landscape of blockchain loyalty rewards programs is evolving rapidly as the Web3 and decentralized application (DApp) sectors mature. Despite these advances, the most sought-after consumer demographic—young adults—demonstrates a growing…
Microsoft Plans New Windows Security Platform to Prevent Future Outages
Microsoft is taking steps to prevent future security issues like the one caused by CrowdStrike in July, where a faulty software update led to a widespread Windows outage. During a…
Ethereum Name Service Integrated with PayPal and Venmo for Crypto Transfers
On September 10, ENS Labs announced a new integration that will enable users of Venmo and PayPal to transfer cryptocurrency using Ethereum Name Service (ENS) names. This development is poised…
Samsung Workers Extend India Plant Strike After Failed Negotiations
Samsung workers at its India plant will continue their strike for the fifth day after negotiations involving the union, company management, and state government officials failed to produce a settlement.…
Ant Group Secures $6.5 Billion Refinancing for Overseas Expansion
China’s Ant Group is refinancing its $6.5 billion credit line, the company confirmed on Thursday. The move comes as the Alibaba-backed fintech giant aims to strengthen its overseas operations. According…
Microsoft Announces 650 Additional Layoffs in Xbox Division
Microsoft has laid off another 650 employees from its Xbox division, marking the latest round of job cuts linked to its acquisition of Activision Blizzard. According to an internal memo…
Young Sohn Returns to Arm’s Board After Samsung Advisory Role
Young Sohn, a senior adviser at Samsung Electronics, is set to rejoin the board of Arm Holdings, the British chip firm announced on Thursday. Sohn, who previously held a position…
Brazilian Bank Nubank Halts Trading of Native Crypto Token After 97% Decline in Value
Nubank, one of the largest crypto banks in Latin America and backed by Warren Buffet’s Berkshire Hathaway, has suspended trading of its native cryptocurrency, Nucoin, effective immediately. This decision follows…
Meta, Snap, and TikTok Join Forces to Tackle Suicide and Self-Harm Content
Meta, Snap, and TikTok have partnered to launch a new initiative aimed at curbing the spread of suicide and self-harm content on their platforms. The program, named Thrive, is designed…
India’s Antitrust Investigation Confirms Amazon, Flipkart Breaches
Indian authorities have concluded that e-commerce giants Amazon and Walmart’s Flipkart breached local antitrust laws by favoring specific sellers on their platforms, according to reports obtained by Reuters. The investigation,…
Scientists Create Microscopic Robots to Treat Brain Aneurysms Safely
Scientists have developed microscopic robots capable of treating brain aneurysms with unprecedented precision, offering a potential alternative to invasive brain surgeries. An international team, including researchers from the University of…
Indian Startup Swiggy Targets $1.4B IPO with $150M Increase
Swiggy is considering expanding its IPO by $150 million, potentially raising up to $1.4 billion. This would make it one of the largest public listings in India this year. The…
UAE Enhances National Crypto Regulation Through Strategic Dubai Partnership
The United Arab Emirates is making significant strides towards a unified regulatory framework for cryptocurrency operations across its territories. This move comes as the Securities And Commodities Authority (SCA), the…
Alibaba’s Taobao App Tops Singapore App Store After English Update
Alibaba’s Taobao shopping app has rapidly gained popularity in Singapore, topping the Apple App Store charts after launching an AI-powered English version, designed to improve accessibility for non-Chinese users. The…
Indodax Halts Operations Following Suspected $22 Million Crypto Hack
Indonesian cryptocurrency exchange Indodax recently faced a severe security breach leading to a suspected loss of approximately $22 million in various cryptocurrencies. In response, Indodax has temporarily disabled both its…
Oura Strengthens Its Health Platform with Veri Acquisition
Oura has announced the acquisition of Veri, a Finnish startup known for its metabolic health product, marking a significant development in the health hardware space. Veri, recognized for providing insights…
Oracle Stock Surges 49% This Year as Ellison Nears Bezos in Wealth
Oracle has emerged as a standout performer among large-cap tech stocks this year, trailing only Nvidia in gains, as Larry Ellison’s cloud-centric strategy has propelled the company forward. Following a…
Australian Crypto Investors Await Clear Regulations Before Entering the Market
In Australia, millions of potential cryptocurrency investors are hesitating to enter the market, awaiting clearer regulations. According to Jason Titman, CEO of Swyftx, an Australian crypto exchange, there’s a significant…
Atomic Wallet Secures Dismissal in Class Action Lawsuit Following $100M Hack
In a notable legal development, a United States federal judge has dismissed a class-action lawsuit against Atomic Wallet, an Estonian cryptocurrency firm, due to insufficient jurisdictional grounds. The dismissal, ordered…
Google Begins Deleting Inactive Gmail Accounts
Google has begun enforcing its policy to delete inactive Gmail accounts, a move aimed at enhancing user security. Accounts that haven’t been used for two years are being targeted for…