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CFPB Sues Walmart Over Unauthorized Bank Accounts for Delivery Drivers
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart and payroll service provider Branch Messenger, alleging they engaged in deceptive and abusive practices affecting gig workers. The…
Metaplanet Makes Largest Bitcoin Purchase, Scooping Up 620 BTC
Japanese investment firm Metaplanet has made its largest Bitcoin purchase to date, acquiring almost 620 BTC as the cryptocurrency trades below $100,000. The Tokyo-based firm, known for its growing Bitcoin…
India’s Rapido Website Feedback Form Exposed Sensitive User and Driver Data
India’s ride-hailing platform Rapido recently patched a security vulnerability that exposed sensitive information of its users and drivers. Security researcher Renganathan P discovered the issue, which involved a website feedback…
Growing Demand from Crypto and AI Could Challenge North American Power Grids
As cryptocurrency mining and artificial intelligence (AI) operations expand, they are increasingly impacting electricity demand across North America, with large-scale data facilities connecting to the energy grid at unprecedented rates.…
Russia Implements a Six-Year Ban on Crypto Mining Across 10 Regions
The Russian government has officially sanctioned a six-year prohibition on cryptocurrency mining in 10 specific regions, slated to commence on January 1, 2025. This decision, as reported by the local…
Lumen Technologies Begins Process to Sell Consumer Fiber Unit
Lumen Technologies has begun the process of selling its consumer fiber business, signaling a shift in its operational focus while addressing its substantial debt, sources familiar with the matter disclosed.…
Elon Musk’s xAI Raises $6 Billion
Elon Musk’s AI company, xAI, has secured another $6 billion in funding, bringing its total raised to $12 billion in just half a year. The latest investment round, confirmed in…
X Raises Premium+ Subscription Price to $22 Monthly
Elon Musk’s X, formerly known as Twitter, has announced a steep price hike for its Premium+ subscription, marking the most significant increase since Musk acquired the platform in 2022. The…
Intel Rolls Out Fixes for Arrow Lake CPUs to Improve Gaming Performance
Intel has been working to resolve performance shortcomings identified in its Arrow Lake CPUs, launched in October. Promising high performance with lower power consumption, the CPUs faced criticism for their…
Trump Allies Urge Gaetz to Stand Strong Amid Ethics Report
The release of a House ethics report alleging that former Rep. Matt Gaetz had sex with a minor has complicated his potential return to public office. The report, which also…
NASA’s Parker Solar Probe Prepares for Closest Sun Encounter on Christmas Eve
NASA’s Parker Solar Probe is about to set another historic milestone as it swoops closer to the sun than ever before, according to NASA’s blog. On December 24 at 6:53…
Botswana Central Bank Flags ‘Minimal’ Crypto Risks but Calls for Regulation
Botswana’s central bank has acknowledged that the country’s local cryptocurrency market remains underdeveloped, posing only “minimal” risks to the country’s financial stability. Despite this, the bank emphasized the importance of…
Google Responds to DOJ with Plan for Search Monopoly Fixes
Google has proposed alternative remedies to address its antitrust violations, responding to the U.S. Department of Justice’s (DOJ) push for drastic measures like selling Chrome and restricting its practices favoring…
Amazon to Introduce Ergonomic Improvements Across US Facilities
Amazon has agreed to adopt new safety measures across all U.S. facilities to resolve claims by the Occupational Safety and Health Administration (OSHA) that the company failed to prevent ergonomic…
Crypto Event Attendees’ Personal Data Being Sold, Raising Privacy and Phishing Concerns
Sensitive personal data from attendees of crypto industry events is being sold under the guise of “marketing, promotion, and client finding,” creating significant privacy risks and presenting a potential gold…
Trump Appoints Stephen Miran as Chairman of the Council of Economic Advisors
On December 22, President-elect Trump took to social media to announce the nomination of economist and former advisor Stephen Miran as the chairman of the Council of Economic Advisors. This…
Singapore’s Bolttech Raises Over $100 Million to Reach $2.1 Billion Valuation
Insurance technology company bolttech, headquartered in Singapore, has announced raising over $100 million in its Series C funding round. Led by Dragon Fund, Mitsubishi UFJ Financial Group, and fintech direct…
Sony Acquires 10 Percent Stake in Kadokawa Amid Market Fallout
Japan’s Kadokawa Corporation, known for its popular game “Elden Ring,” faced a sharp sell-off in its stock on Friday following an announcement that dashed hopes of a full acquisition by…
Bitcoin Experiences First Major Weekly Decline Since Trump’s Election Victory
Since President Donald Trump’s election in November, Bitcoin has experienced a significant rally, propelling its value well into six figures. However, the week ending December 22 marked Bitcoin’s first considerable…
US Bitcoin Reserve Could Significantly Reduce National Debt by 2049
VanEck, an asset management firm, has put forward a striking financial strategy suggesting that the United States could diminish its national debt by 35% by 2049. This projection is based…