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Discussions Intensify as SEC Nears Decision on Ethereum ETFs, Approval Anticipated Soon
The U.S. Securities and Exchange Commission (SEC) has been actively engaging with issuers of potential spot Ether exchange-traded funds (ETFs), signaling a possible imminent approval. These discussions, which revolved around…
BlackRock, Grayscale, and Bitwise Revise ETF Filings Ahead of Impending SEC Decision
As the deadline for a significant regulatory decision approaches, three prominent U.S.-based asset managers—BlackRock, Grayscale, and Bitwise—have revised their 19b-4 filings with the Securities and Exchange Commission (SEC) concerning their…
Samsung’s HBM chips fail Nvidia tests due to heat and power issues, sources say
SEOUL/SINGAPORE – Samsung Electronics’ latest high bandwidth memory (HBM) chips have yet to pass Nvidia’s tests for use in the U.S. firm’s AI processors due to heat and power consumption…
SingTel’s annual profit plunges by over 50% due to a US$2.3 billion impairment charge
Singapore Telecommunications (SingTel) reported a significant 64% drop in its full-year net profit for the fiscal year ending 2023, primarily due to a substantial impairment charge of S$3.1 billion (RM10.8…
iFixit is sadly ending its partnership with Samsung
iFixit and Samsung have ended their partnership, marking the conclusion of a collaboration that began two years ago. This move comes after the two companies failed to renegotiate their contract.…
Neuralink’s Pioneering Patient Stays Optimistic Despite Challenges in Brain-Implant Trial
Four months after undergoing a groundbreaking medical procedure to implant a Neuralink device in his brain, Noland Arbaugh, the first human subject in the clinical trial, continues to demonstrate resilience…
Patronus AI secures $17M to tackle AI hallucinations and copyright issues.
As companies race to implement generative AI, concerns about the accuracy and safety of large language models (LLMs) threaten to derail widespread enterprise adoption. Stepping into the fray is Patronus…
VanEck’s Spot Ether ETF Takes a Step Forward with DTCC Listing Amid Anticipation of SEC Approval
As the cryptocurrency community eagerly anticipates the potential approval of a spot Ether exchange-traded fund (ETF) in the United States, VanEck’s ETF, with the ticker symbol “ETHV,” has been listed…
U.S. DOJ Set to Sue Live Nation Over Ticketmaster’s Market Control
The U.S. Department of Justice (DOJ), along with several states, is set to file an antitrust lawsuit against Live Nation Entertainment, targeting its subsidiary Ticketmaster’s dominant position in the concert…
Vitalik Buterin Supports ZK ‘Likes’ on Farcaster Following X’s Privacy Update
Ethereum co-founder Vitalik Buterin has voiced his approval for a recent development on the decentralized social media platform Farcaster. The platform’s engineer, Haofei, announced that X will be privatizing “Likes,”…
OpenAI and News Corp Announce Partnership to Train AI with Journalistic Content
OpenAI has entered into a significant multi-year global partnership with News Corp., an agreement that grants the AI company access to a wealth of journalistic content from News Corp.’s extensive…
South Korea allocates a record US$19 billion for chipmaking development
In a significant move to strengthen its semiconductor industry, South Korea has introduced a $19 billion package of incentives aimed at bolstering its chip sector. This initiative is set to…
Coffeezilla Investigates AI Firm Rabbit for Alleged NFT Misconduct
Stephen Findeisen, widely recognized by his YouTube alias “Coffeezilla,” has recently spotlighted AI company Rabbit, accusing it of engaging in deceptive practices related to a nonfungible token (NFT) project. On…
Hong Kong Privacy Commissioner Orders Worldcoin to Cease Operations Over Privacy Violations
The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong recently concluded an extensive investigation into the Worldcoin project. Initiated in January 2024, this inquiry scrutinized the…
Truecaller and Microsoft Let Users Answer Calls with Their Own AI Voice
Truecaller has teamed up with Microsoft to introduce an innovative feature that enables users to create an AI replica of their voice to answer phone calls. This collaboration leverages Microsoft’s…
Oyo, previously valued at a whopping $10 billion, postpones IPO plans for the second time.
Oyo, the once high-flying Indian budget hotel chain, has withdrawn its Initial Public Offering (IPO) application from the Securities and Exchange Board of India (SEBI) for the second time, delivering…
How Generative AI is Transforming Digital Marketing and Boosting Brand Engagement
Generative AI is revolutionizing the landscape of digital marketing, ushering in a new era of innovation and efficiency. By harnessing the power of artificial intelligence, businesses can now create compelling…
Microsoft Faces Scrutiny Over New ‘Recall’ AI Feature That Monitors User’s Every PC Move
Microsoft’s recent introduction of an AI-powered feature named Recall has drawn significant scrutiny from both cybersecurity experts and regulatory bodies. The Recall feature, designed to log and index users’ PC…
Newgen collaborates with ASEAN Business Partners to broaden its presence in Southeast Asia
Newgen Software has announced a strategic partnership with ASEAN Business Partners (ABP), marking a significant step towards enhancing the digital banking landscape across Southeast Asia. This collaboration focuses on deploying…
BlackRock’s Bitcoin ETF Sees Significant Inflows During BTC Market Rally
On Tuesday, May 21, BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), captured 95% of the total inflows into United States spot Bitcoin ETFs, highlighting a significant…