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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Oyo, the once high-flying Indian budget hotel chain, has withdrawn its Initial Public Offering (IPO) application from the Securities and Exchange Board of India (SEBI) for the second time, delivering…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…
Spotify Unveils Spotify Mix, A New Custom Font for a Visual Upgrade
Spotify introduces its own custom font, Spotify Mix, across its platform. Developed in collaboration with Dinamo Typefaces, this bespoke typeface replaces the previously used Circular font. Spotify Mix is inspired…
PEPE Hits New Record as Ethereum Prices Climb on Anticipated ETF Approvals
The Ethereum-based memecoin, PEPE, has achieved a remarkable 27% increase, reaching a new all-time high in the last 24 hours. This surge is largely attributed to the speculative anticipation surrounding…
DEGEN Token Rises 17% Following Farcaster’s $150 Million Series A Funding
The blockchain-based social platform Farcaster, under the helm of Merkle Manufactory, has successfully secured a $150 million investment in its Series A funding round, significantly boosting the platform’s prospects and…
Disney reaches agreement to sell stake in Tata Play, reports Bloomberg News
In a significant move, Walt Disney has agreed to sell its stake in Tata Play, the satellite TV provider owned by India’s Tata Group. This deal values Tata Play at…
Gala Games Attacker Returns $22M in Ether Following GALA Token Breach
Gala Games, a prominent player in the blockchain gaming sector, recently confronted a severe security breach where an attacker unauthorizedly minted $200 million worth of GALA tokens. This incident unfolded…
Nvidia projects higher-than-expected quarterly revenue and announces a stock split.
Nvidia Corp. on Wednesday forecast quarterly revenue above analysts’ estimates and announced a stock split, propelling its shares to record highs and capturing the attention of investors who have significantly…
Recruiting Startup SeekOut, Once Valued at $1.2 Billion, Cuts 30% of its Workforce
SeekOut, an eight-year-old recruitment startup utilizing AI for candidate discovery, reduced its workforce by approximately 30% last Thursday, May 16th. In a recent communication to employees, SeekOut’s CEO Anoop Gupta…
Governments and Tech Companies Pledge Collaboration to Address AI Risks at Seoul Summit
SEOUL: More than a dozen countries and some of the world’s biggest tech firms pledged on Wednesday to cooperate against the potential dangers of artificial intelligence (AI), including its ability…