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Huma Secures $80M Funding to Revolutionize Healthcare Apps Using Generative AI
The influence of AI is expanding across various industries, including the strictly regulated healthcare sector. London-based health-tech company Huma has unveiled an AI-powered cloud platform designed to help startups create,…
OpenAI Releases GPT-4o Mini, Promising Faster and Cheaper AI
OpenAI introduced GPT-4o mini on Thursday, July 18, a new, smaller AI model designed to be cheaper and faster than previous models. Starting today, ChatGPT users on Free, Plus, and…
Fraudulent ‘Professors’ Deceive Victims with Phony Loans in Emerging Crypto Scam
The Washington State Department of Financial Institutions (DFI) has issued a warning about a burgeoning crypto scam involving individuals posing as business professors. These fraudsters entice victims into risky cryptocurrency…
You Can Now Add Multiple Audio Tracks to Instagram Reels
Instagram announced a new feature allowing users to add multiple audio tracks to their Reels, available globally starting Tuesday, July 16. This update enables creators to incorporate up to 20…
Ola Electric Targets $4.5 Billion Valuation in Anticipated IPO
Ola Electric, an Indian e-scooter manufacturer backed by SoftBank, is preparing for its initial public offering (IPO). According to sources with direct knowledge of the matter, the company is expected…
Nigerian Court Issues Arrest Warrant for Prison Doctor Amid Health Concerns for Detained Binance Executive
Justice Emeka Nwite of the Federal High Court in Abuja has escalated the legal proceedings involving a Binance executive’s health concerns by issuing a bench warrant for Dr. Abraham Ehizojie,…
Craig Wright Referred for Perjury Charges Amid Disputed Claims of Being Bitcoin Creator
Craig Wright, an Australian computer scientist who has controversially claimed to be Satoshi Nakamoto, the enigmatic creator of Bitcoin, is now facing severe legal repercussions. A judge at London’s High…
Microsoft’s Hiring of Inflection Staff Faces UK Merger Probe
Microsoft’s recent hiring of employees from Inflection AI has prompted the UK’s Competition and Markets Authority (CMA) to initiate a merger investigation. This hiring includes key figures such as Mustafa…
Launch of Ether ETFs Sets Stage for Solana-Based ETFs and Broad Crypto Product Expansion, Analyst Predicts
The upcoming launch of the first spot Ether exchange-traded funds (ETFs) is anticipated to revolutionize the landscape of cryptocurrency investments. Eric Balchunas, a senior ETF analyst at Bloomberg, predicts that…
Trump Plans Fourth NFT Collection, Expresses Concern Over Potential Chinese Dominance in Cryptocurrency
Former United States President Donald Trump has announced plans to launch a fourth non-fungible token (NFT) collection, highlighting his growing interest in the cryptocurrency sector. During a comprehensive interview with…
IMOTO Unveils VISION.ev: Indonesia’s First Locally Manufactured Electric Motorcycle
Jakarta played host to the global unveiling of VISION.ev, an electric motorcycle fully designed and engineered in Indonesia. This event marks a major advancement towards sustainable transportation. The launch took…
Fisker Cleared for $46.25 Million Ocean SUV Sale
Fisker has been authorized by a bankruptcy judge to sell over 3,000 Ocean SUVs to American Lease, a vehicle leasing company, in a deal worth up to $46.25 million. This…
Rakuten Increases Target Price to RM1.23, Anticipates Growth in AI Server Demand for SNS
Rakuten Trade has affirmed its ‘buy’ rating for SNS Network Technology Bhd (KL) at 84 sen, raising the target price to RM1.23 from 54 sen. This upgrade reflects a revised…
German Government’s Bitcoin Sale Nets $2.8 Billion
The German government has confirmed a substantial emergency sale of Bitcoin, which commenced in June 2024. An official statement from the state of Sachsen on July 17 detailed the sale…
Trump Considering Bitcoin Critic Jamie Dimon for U.S. Treasury Secretary
Former United States President and current Republican nominee Donald Trump recently indicated he might consider JPMorgan CEO Jamie Dimon for a key position in his administration if re-elected. Specifically, Trump…
Indian Crypto Exchange Hit by $235M Hack, Pauses Withdrawals
Web3 security firm Cyvers has identified several suspicious transactions involving WazirX’s Safe Multisig wallet on the Ethereum network. According to an X post by Cyvers, approximately $234.9 million worth of…
Stripe Enables Cryptocurrency Purchases for European Clients, Report Reveals
Stripe, a leading financial services provider, has recently broadened its cryptocurrency offerings in the European market. This expansion enables European consumers to purchase cryptocurrencies like Bitcoin and Ether using their…
TSMC Surpasses Second-Quarter Profit Forecasts Amid Ongoing AI Chip Demand Surge
Taiwan Semiconductor Manufacturing Company (TSMC) exceeded revenue and profit expectations in the second quarter, driven by the growing demand for advanced chips used in AI applications. Metric Q2 2024 Actual…
Li.Fi Protocol Suffers Security Breach, Resulting in $10 Million Cryptocurrency Theft
On July 16, the Li.Fi protocol, which facilitates swaps and bridging between Ethereum Virtual Machine and Solana networks, experienced a significant security breach. Over $10 million worth of cryptocurrencies were…
Senate Committee Reports Alarming Injury Rates During Amazon Prime Day
Amazon Prime Day, the 48-hour discount event that starts Tuesday, is a “major” cause of worker injuries, according to a Senate probe’s preliminary findings. The Senate’s Health, Education, Labor, and…