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Sources report Nvidia reduces China prices amid Huawei chip battle
SINGAPORE – Nvidia’s most advanced AI chip developed for the China market has started off weakly, with an abundant supply forcing it to be priced below a rival chip from…
Bybit CEO Denies Insolvency Rumors, Provides Proof of Reserves
Ben Zhou, the CEO of cryptocurrency exchange Bybit, recently addressed and refuted circulating rumors about the platform’s financial health. Speculation had grown on social media platforms, notably on X, suggesting…
TikTok Introduces Several AI Tools to Transform Brand Advertising
TikTok has unveiled a series of new AI-powered tools aimed at transforming advertising strategies for brands. Announced at its fourth annual TikTok World product summit, the tech giant introduced ‘TikTok…
Orca AI secures a huge $23M from OCV Partners and MizMaa Ventures
The concept of autonomous navigation is no longer confined to cars; it has expanded into the maritime sector, revolutionizing the way ships traverse the seas. The “autonomous navigation” market, where…
Unify Launches Tool to Help Developers Pick the Best LLM
Unify, a British startup founded by an Imperial College alum, is revolutionizing how developers select the most suitable large language models (LLMs) for specific tasks with its new router tool.…
Coinbase Resumes XRP Trading in New York After Regulatory Hiatus
XRP, a digital currency developed by Ripple Labs, has been at the center of regulatory scrutiny since the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in…
MetaMask Exploring Bitcoin Integration: Company Urges Users to ‘Stay Tuned’
MetaMask, a prominent wallet application known for its support of Ethereum and Ethereum-based tokens, is reportedly expanding its technological horizons to include native Bitcoin support. This development is part of…
China’s Lenovo Continues Revenue Growth Streak, Surpassing Expectations
China’s Lenovo Group reported a 9% increase in fourth-quarter revenue, reaching $13.8 billion, as the world’s largest personal computer (PC) manufacturer emerges from the COVID-19-induced demand slump. The revenue for…
Binance.US Secures Appeal Victory for Florida Money Services License Reinstatement
Binance.US, a major player in the cryptocurrency exchange market, has successfully overturned the suspension of its money-services business license in Florida. This decision was handed down by the Florida First…
Nigeria Enhances Blockchain Policy Committee with New Expert Inclusions
Nigeria’s National Information Technology Development Agency (NITDA) has taken significant steps to revamp the National Blockchain Policy Steering Committee (NBPSC). This strategic decision was announced by Kashifu Inuwa, the Director-General…
Bolster, maker of CheckPhish, raises $14M led by Microsoft’s M12.
A deceptive email containing a seemingly legitimate link, which is actually malicious, remains one of the most dangerous and successful tricks in a cybercriminal’s arsenal. An AI startup named Bolster,…
Spotify Shuts Down Car Thing by Year-End, No Refunds Offered
Spotify has announced that it will deactivate its Car Thing devices, rendering them unusable by the end of this year. This decision concludes Spotify’s short-lived venture into hardware, which ended…
China’s Xiaohongshu App Targets Wealthy Female Gen Z Users
Teresa Cheung, a 60-year-old actress from Hong Kong, captivated her nearly 1.8 million followers on Xiaohongshu with a seven-hour livestream. Demonstrating a palette of eyeshadow, she showcased a dark berry-colored…
Decline in Bitcoin Runes Transactions as Initial Hype Subsides, Falling 84%
Bitcoin Runes, a protocol that initially captured a significant share of Bitcoin blockchain transactions following its launch on April 20, is experiencing a notable decline in transaction volume. Coinciding with…
Google’s AI Search Features Generate Humorous Yet Concerning Errors
Google’s recent enhancement to its search engine, designed to improve user interaction by providing quick, AI-generated summaries for queries, has instead garnered attention for its inaccurate and often humorous outputs.…
Sony prioritizes creativity in better games, movies, music, sensors, and IP over gadgets.
Tokyo, Japan: Japanese electronics and entertainment company Sony has announced a strategic pivot towards fostering creativity in movies, animation, and video games, moving away from its historical emphasis on consumer…
Balancing Exploration and Exploitation for Successful Growth in 2024
In the realm of business, the path to success diverges: some choose to explore cautiously, while others boldly exploit opportunities. The key lies in striking a balance between these approaches.…
Bluesky Users Can Now Send DMs
Bluesky has officially introduced direct messaging (DM) capabilities, the company announced on Wednesday, May 22. This new feature marks a significant step for the platform, as it plans to “fully…
SEC Grants Official Approval for Spot Ether ETFs in the U.S.
In a significant regulatory development, the United States Securities and Exchange Commission (SEC) has approved the listings of spot Ether exchange-traded funds (ETFs), marking a major advancement for cryptocurrency investments…
U.S. Lawmakers Advocate for SEC Approval of Spot Ethereum ETF
As the anticipation builds within the financial community, a bipartisan group of U.S. House lawmakers is actively urging the Securities and Exchange Commission (SEC) to greenlight a spot Ether (ETH)…