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Samsung Electronics and Union Talks End in Stalemate
Samsung Electronics and representatives of its largest workers’ union in South Korea, currently on strike, met on Tuesday, but the talks ended without results, according to the union. Ongoing Strike…
Cohere Secures $500M Funding to Challenge Leading Generative AI Competitors
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million from investors including Cisco, AMD, and Fujitsu. The new funding round also saw participation from Canadian pension…
Mt. Gox Initiates $3.2 Billion Bitcoin Outflow Within Two Hours
On July 23, Mt. Gox, the now-defunct cryptocurrency exchange, made headlines once again by transferring a substantial amount of Bitcoin, totaling nearly $3.2 billion, to two undisclosed addresses early in…
SoftBank CEO Unveils Revolutionary Vision for Self-Driving Cars
Masayoshi Son, the visionary leader of SoftBank, is setting his sights on a new frontier: self-driving cars. Known for his bold investments and transformative ideas, Son is now working on…
U.S. Spot Ethereum ETFs Scheduled to Start Trading on July 23
The financial landscape for cryptocurrencies is set to change significantly with the launch of spot Ether exchange-traded funds (ETFs) in the United States, slated for July 23. This follows the…
Seoul Court Issues Arrest Warrant for Kakao Founder
A Seoul court has issued an arrest warrant for Brian Kim, the founder of South Korean internet giant Kakao, on allegations of stock price manipulation related to the company’s takeover…
Crypto Policy Prospects Under Potential Harris Vice Presidents
As the 2024 U.S. Presidential Election approaches, Vice President Kamala Harris stands as a prominent candidate to secure the Democratic nomination, especially with endorsements from President Joe Biden and other…
Wiz Declines Google’s $23 Billion Offer, Plans for IPO
Wiz has decided to reject a $23 billion acquisition offer from Google, choosing to pursue an initial public offering (IPO) instead. CEO Assaf Rappaport announced this decision to Wiz’s 1200…
US Dominates as Digital Asset Markets Experience $1.35 Billion Inflow Boost in One Week — CoinShares Report
The last week has witnessed a substantial $1.35 billion inflow into digital asset investment products, as detailed in the latest report by CoinShares. This surge is part of a broader…
Tesla Cybertruck Arrives in Fortnite and Rocket League
Fortnite and Rocket League players will soon have the opportunity to drive the Tesla Cybertruck. Epic Games, the publisher of both titles, announced via social media that the electric truck…
Apple Celebrates 2024 Olympics with New App Features
Apple has updated the Apple Maps app in Paris in preparation for the 2024 Summer Olympics, starting on Friday, July 26. The update includes custom, hand-built 3D landmarks for permanent…
Hong Kong Innovator John Fan Set to Transform AI Smart Glasses Industry
John Fan Chin-Chiang, a notable figure in the development of mini displays for the US military, is now shifting his focus to smart glasses. His Hong Kong-based company, Solos Technology,…
Upcoming Half of 2024 Predicted as Ethereum’s Most Bullish Phase Due to Ether ETFs, Expert Claims
As the Ethereum ecosystem gears up for a potentially transformative period, the anticipated introduction of the first spot Ether exchange-traded funds (ETFs) could herald its most bullish phase yet. According…
Chinese Team Leverages Quantum Technology to Track Electrons in Superconductors
A team of Chinese researchers has developed a quantum computer capable of simulating the movement of electrons in solid-state materials. This achievement could pave the way for applications that surpass…
Asia’s First Inverse Bitcoin ETF Set for Launch in Hong Kong
On July 23, the financial landscape in Hong Kong is set to expand with the launch of the CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), marking Asia’s first foray…
Intel Addresses Critical Instability Issues Amid Growing Concerns
Intel has finally provided an update on the instability issues affecting its 13th-gen and 14th-gen CPUs. An update posted by Thomas Hannaford, Intel’s communications manager, attributes the instability to an…
Anticipated Resignation of SEC Chair Gary Gensler Post-Biden Presidency — Insights from 10x Research
With the political landscape in the United States undergoing significant changes, the implications for regulatory bodies such as the Securities and Exchange Commission (SEC) are becoming increasingly pertinent. This analysis…
Microsoft Challenges FTC’s “Degraded” Label on Game Pass
Microsoft has responded to the FTC’s claims about its Game Pass subscription changes, following its acquisition of Activision. The FTC filed a motion stating that Microsoft’s recent price increase and…
Philippines Begins Phasing Out Offshore Gaming Hubs
The Philippines’ gaming regulator, the Philippine Amusement and Gaming Corp (PAGCOR), announced on Tuesday that it will cancel the licenses of offshore gambling firms. This move is in response to…
Biden’s Presidential Race Exit Triggers $67M Liquidation of Crypto Long Positions in 30 Minutes
The cryptocurrency market witnessed a dramatic flurry of activity following United States President Joe Biden’s announcement to withdraw from the 2024 presidential race. This decision had immediate repercussions on the…