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Honor Unveils Its First Flip Foldable Smartphone, Taking on Samsung in the Competitive Market
Honor has officially entered the competitive foldable phone market with the launch of its first vertically-folding device, the Magic V Flip. This significant move, announced on Thursday, marks Honor’s continued…
SEC Chair Anticipates Approval of Spot Ether ETFs This Summer
United States Securities and Exchange Commission (SEC) Chair Gary Gensler has indicated that the SEC may approve the listing and trading of spot Ether (ETH) exchange-traded funds (ETFs) within the…
European Commission Chooses Iota’s Web3 ID Solution for Blockchain Sandbox Initiative
The European Commission has selected Iota’s innovative Web3 Identification (Web3 ID) solution for the latest edition of its European Blockchain Sandbox Initiative (EBSI), underscoring the growing importance of decentralized identity…
KuCoin Reports $1 Billion in May Investments, Highlighting Ethereum’s Influence
KuCoin Research has revealed that the cryptocurrency sector attracted over $1 billion in investments during May 2024, a slight dip from April but showing notable interest in Ethereum and related…
MicroStrategy Plans $500 Million Convertible Senior Notes Offering to Acquire More Bitcoin
MicroStrategy has announced a new initiative to offer $500 million in convertible senior notes, with the funds primarily intended for acquiring additional Bitcoin and supporting general corporate purposes. On June…
North Korean Cyberattacks on Brazilian Fintech Firms Exposed
Google Cloud’s threat intelligence team has uncovered a series of cyberattacks orchestrated by North Korean government-backed hackers targeting Brazil’s cryptocurrency exchanges and fintech companies. This revelation underscores the growing threat…
Generative AI Transforms Robot Training at MIT
Researchers at the Massachusetts Institute of Technology (MIT) have developed a groundbreaking technique that significantly enhances the training of multipurpose robots by integrating data from various sources. This method, called…
Microsoft Exits Affirmed and Metaswitch in Telecom Pullback
When Andrew Ward organized a meeting for those affected by Microsoft’s recent telecom layoffs, he anticipated a modest turnout of around 100 attendees. However, the response was overwhelming, with about…
WeWork Rebounds from Bankruptcy, Appoints John Santora as CEO
WeWork, previously mired in financial distress, successfully exited from Chapter 11 bankruptcy this Tuesday, June 11, bringing in John Santora, a seasoned commercial real estate expert, as its new CEO,…
India’s Jio Platforms Secures License to Launch Satellites Competing with Starlink
Orbit Connect India, a collaborative venture between India’s Jio Platforms and Luxembourg-based SES, has received the green light from India’s space oversight agency to operate satellites over the country. This…
MoonPay Introduces PayPal Fiat On-Ramp for the UK and EU Markets
MoonPay has announced the addition of PayPal as a fiat on-ramp for customers in the European Union and the United Kingdom. This integration aims to simplify and expand access to…
FDA Clears Abbott’s New Glucose Monitors for Over-the-Counter Sales
Abbott Laboratories has received clearance from the U.S. Food and Drug Administration (FDA) to market two new continuous glucose monitoring (CGM) systems, the Libre Rio and Lingo, available over the…
Apple Surpasses Microsoft in Market Value After Best Three-Day Rally Since 2020
In a significant reshuffling of the ranks on Wall Street, Apple Inc. has reclaimed its title as the world’s most valuable company, surpassing Microsoft Corp. This achievement underscores a surge…
Adobe Boosts Annual Revenue Forecast Amid Strong Software Demand
San Jose, CA – Adobe Inc., the company behind the iconic Photoshop software, has significantly raised its revenue forecast for fiscal 2024, reflecting the increasing demand for its artificial intelligence-powered…
Chinese President Xi Jinping Commends Conflux Network’s Chief Scientist in Open Letter
On June 12, Chinese President Xi Jinping expressed his admiration for Andrew Chi-Chih Yao, the chief scientist of the Conflux Network and a prominent professor at Tsinghua University, through an…
Spotify’s Awaited HiFi Feature May Launch This Year with Extra Charges
Spotify is gearing up to launch its much-anticipated HiFi streaming service by the end of 2024, an offering that promises to enhance the audio quality for its users but at…
Circle Announces Integration with Solana: Programmable Wallets and Gas Stations
Circle’s integration with Solana will be executed in two distinct phases. The initial phase, announced on June 12, focuses on deploying programmable wallets. These wallets are designed to allow developers…
Newgen Unveils LumYn: The World’s First Gen AI Platform Tailored for Banking Personalization
Newgen Software, a global leader in digital transformation solutions, has unveiled its latest innovation: LumYn. This groundbreaking platform harnesses the power of Generative AI to revolutionize the banking industry by…
Zimbabwe Seeks Crypto Industry Input for Developing Virtual Asset Regulations
The Zimbabwean government is embarking on a significant initiative to establish regulatory frameworks for its burgeoning cryptocurrency industry. In a bid to shape a comprehensive and effective regulatory landscape, the…
BeReal Acquired by Voodoo for €500 Million
Voodoo, a prominent publisher of mobile apps and games based in France, has officially acquired the social media company BeReal for a total of €500 million. This acquisition comes at…