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Ambani’s Reliance Takes First Step in Fintech War, Unveils JioFinance App
Indian conglomerate Reliance Group is making a significant move into financial services with the launch of JioFinance, an app designed to be a comprehensive platform for UPI digital payments, loans,…
Twitch Ends Partnership with Safety Advisory Council
Twitch, the Amazon-owned game-streaming platform, announced it will be terminating all members of its Safety Advisory Council, effective May 31, 2024. This decision concludes a four-year collaboration where the council…
Big Tech Establishes AI Networking Standard, Leaving Out Chip Leader Nvidia
BENGALURU: In a significant move to challenge the dominance of Nvidia in the AI data center market, leading tech companies Meta, Microsoft, Advanced Micro Devices (AMD), and Broadcom have announced…
ifeel’s Mental Health Insurance Platform Raises $20 Million in Series B Round
ifeel, a European startup dedicated to improving mental health support in corporate settings, has successfully secured a $20 million Series B funding round co-led by FinTLV Ventures and Korelya Capital.…
Dell Shares Decline Despite Growth in AI Server Business
Dell Technologies reported first-quarter earnings on Thursday, beating analysts’ estimates for both earnings and sales. The company has solidified its position as a leading vendor for artificial intelligence (AI) servers,…
Mastercard Launches Crypto Credentials P2P Pilot Program
Mastercard has initiated a pilot program for its innovative crypto credentials system, aimed at enhancing the security and efficiency of cryptocurrency transactions. This initiative marks a significant step in the…
Amazon Receives FAA Approval for Expanding US Drone Deliveries
Amazon has received approval from the Federal Aviation Administration (FAA) to extend its drone delivery service, Prime Air, across more locations in the United States. This development marks a significant…
New House Bill Targets Chinese EV Makers and Their Connected Vehicles
Chinese electric vehicle (EV) manufacturers are facing a significant challenge in their bid to enter the U.S. market. A new bill introduced by U.S. Representative Elissa Slotkin aims to limit…
Survey Reveals Most Gamers Unfamiliar with Blockchain Gaming
Despite the growing buzz around blockchain games like Axie Infinity, Gods Unchained, Star Atlas, Decentraland, and The Sandbox within the blockchain community, their penetration into the mainstream gaming community remains…
Steam Accounts Cannot Be Inherited, Confirms Valve
Valve has clarified that Steam accounts are non-transferable upon the owner’s death, which means users cannot bequeath their game libraries through a will. This policy was confirmed in a recent…
India’s Agnikul launches 3D-printed rocket in sub-orbital test after delays
After two years of meticulous preparation and four delays due to technical glitches, Indian space startup Agnikul successfully launched its first sub-orbital test vehicle, powered by its unique 3D-printed rocket…
Uplink CEO Predicts Next $1 Trillion Firm to Emerge from DePIN Sector
The rapid expansion of the decentralized physical infrastructure network (DePIN) sector suggests that the next $1 trillion enterprise could emerge from this innovative field. Uplink’s co-founder and CEO, Carlos Lei…
Pinterest Launches New Inclusion Fund Initiative to Support Diverse Creators
Pinterest is broadening the scope of its creator support initiatives by transforming its Creator Inclusion Fund into the Pinterest Inclusion Fund, a move designed to incorporate small business owners from…
Binance France President Highlights TradFi Investment Surge Due to Bitcoin ETFs
The recent approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has marked a significant shift in the landscape of traditional finance (TradFi), creating a robust channel for…
Mistral Debuts Codestral, Its First Code-Focused AI Model
Mistral, the Paris-based AI startup, has launched Codestral, its first code-centric large language model (LLM). Codestral, a 22B parameter model now available under a non-commercial license, caters to a variety…
Hashdex Retracts Application for Spot Ether ETF
Investment manager Hashdex recently withdrew its application for a spot Ether exchange-traded fund (ETF), a notable development in the evolving landscape of cryptocurrency investment products. This decision came shortly after…
Didi Global Reports First Quarter Loss Amid Decline in Xpeng Income
BEIJING – Didi Global, China’s leading ride-hailing company, has announced a net loss for the first quarter of 2024, following two consecutive quarters of profitability. The company attributed the loss…
UK Researchers Use VR Games to Improve Deaf Children’s Speech Comprehension
Innovative research from the UK suggests virtual reality (VR) games could significantly improve the speech comprehension abilities of deaf children. A recent initiative called Bears (Both Ears) utilizes VR gaming…
New Samsung Chip Division Head Commits to Overcoming AI Era Challenges
SEOUL, May 30 – Samsung Electronics has appointed Young Hyun Jun as the new head of its chip division, urging staff to unite in a collective effort to reclaim the…
Dorsey-Backed Bitcoin Mining Pool Establishes Headquarters in El Salvador
Ocean Mining, a Bitcoin mining pool endorsed by Jack Dorsey, co-founder of Twitter (now X), is establishing a significant operational base in El Salvador, positioning itself as a global player…