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Bitcoin Mining Stocks Surge After Trump’s Pledge to Support US Miners
Bitcoin mining stocks saw a significant surge on Wednesday, rising by double digits following a statement from U.S. presidential candidate Donald Trump. Trump pledged to enhance Bitcoin mining operations in…
ByteDance to Slash 450 Jobs in Indonesia Following TikTok Shop-Tokopedia Merger Deal
ByteDance, the Chinese social media behemoth and parent company of TikTok, is set to cut approximately 450 jobs at its Indonesian e-commerce division. This move represents the first significant round…
Tether to Invest $1 Billion in Emerging Technologies Over the Next Year
Tether, the company behind the largest stablecoin in the cryptocurrency market, is expanding its horizons with plans to invest a substantial portion of its revenue into cutting-edge technologies. According to…
Huawei denies interesting offer to invest in ex-unicorn Royole, a bankrupt Chinese flexible display maker
Huawei Technologies, the world’s largest telecommunications equipment vendor, firmly denied any plans to invest in Royole Corp, a former Chinese tech darling known for its pioneering foldable smartphones. This statement…
Google Set to Flood Free Streaming TV Channels with Ads
Google is set to expand its advertising reach with the launch of the Google TV network, a new advertising platform targeting users of Google TV-powered streaming boxes and smart TVs.…
Thailand SEC Revokes Zipmex’s Licenses Due to Non-Compliance with Regulatory Orders
After enduring months of intense regulatory scrutiny, Zipmex, a cryptocurrency exchange, has had its operating licenses revoked by Thailand’s Securities and Exchange Commission (SEC). This decision marks a significant setback…
This Tokyo Humanoid Robot Could Become a Driver
A group of researchers at the University of Tokyo, including one who consults for Toyota, believe that the future of autonomous vehicles may involve a humanoid robot behind the wheel.…
Chinese AI social media apps gain traction abroad, lag at home
Chinese artificial intelligence (AI) companies are experiencing a noticeable increase in demand for their social media applications in international markets, contrasting with the more moderate uptake on the mainland. This…
SushiSwap Transitions to ‘Labs’ Model and Introduces Multi-Token Ecosystem
After months of intense debate, SushiSwap, a leading decentralized exchange (DEX), has unveiled a transformative new business model under the banner of Sushi Labs. This transition aims to streamline the…
Elon Musk Withdraws Lawsuit Against OpenAI and Co-founders
Elon Musk has withdrawn his lawsuit against OpenAI, its co-founders Sam Altman and Greg Brockman, and other associated parties, as confirmed by court documents ahead of a scheduled hearing in…
Crypto.com Gains Approval from Ireland’s Central Bank, Expanding Its Reach in Europe
The Central Bank of Ireland (CBI) has granted another major cryptocurrency firm, Crypto.com, the status of a Virtual Asset Service Provider (VASP). This significant approval, announced on June 11, allows…
The U.S. may impose more limits on China’s AI chip tech access.
In an escalating move to safeguard its technological prowess, the Biden administration is reportedly considering tightening restrictions on China’s access to sophisticated semiconductor technology, a move that could have significant…
FTC Issues Urgent Warning Over Rising Crypto Romance Scams
The United States Federal Trade Commission (FTC) has issued a critical consumer warning about a surge in romance scams involving cryptocurrencies. The agency is urging individuals to sever contact with…
OpenAI Appoints New Leaders and Integrates ChatGPT with Apple Devices
OpenAI has declared significant organizational changes and a new strategic partnership on Monday, June 10. The company announced the hiring of Sarah Friar as Chief Financial Officer and Kevin Weil…
Indiana Commits to Reliable Energy and Water Supply for Crypto Miners and Data Centers
Indiana is rolling out the red carpet for major corporations and cryptocurrency mining operations by promising a steady supply of low-cost power and water. This move aims to attract and…
Mistral Secures $640M to Compete in Global AI Race
In an ambitious leap forward, Paris-based Mistral AI has announced a substantial $640 million in Series B funding, a mix of equity and debt. This new financial influx elevates the…
EU Innovation Hub Raises Concerns Over Privacy Coins and Crypto Mixers in New Report
Data encryption is a powerful tool that can strike a delicate balance between safeguarding individual privacy and ensuring collective security. However, in the realm of cryptocurrency, encryption technologies face significant…
GenAI Is Successfully Leveling the Playing Field for Smaller Businesses
GenAI is revolutionizing the business landscape by empowering smaller companies with cutting-edge technology. While larger corporations have long dominated the market, GenAI’s innovative solutions are leveling the playing field, giving…
Adobe Revises Terms to Reassure Users on AI Training Practices
Adobe has announced an overhaul of its terms of service, explicitly stating that it will not use customer work to train its artificial intelligence models. This announcement was made through…
Amazon’s AWS Expands in Asia-Pacific with New Taiwan Region
Amazon Web Services (AWS), a division of the U.S. tech giant Amazon, is set to establish a new infrastructure region in Taiwan by early 2025. This move is part of…