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Digital Wallets Face Bank-Like Regulations Under New CFPB Rule

The U.S. Consumer Financial Protection Bureau (CFPB) has announced a landmark ruling that will subject digital payment services to bank-like regulations. This new rule targets popular payment wallets and money…

Nvidia Predicts Surging Sales for Next-Gen Blackwell Chips

Nvidia revealed that its next-generation Blackwell chips are expected to surpass earlier sales projections, signaling robust demand from AI developers. Following a quarter where Nvidia’s revenue nearly doubled, CEO Jensen…

OpenAI Engineers Accidentally Delete Data in in New York Times Lawsuit

OpenAI inadvertently erased crucial evidence tied to a high-profile lawsuit brought by The New York Times and other news outlets, according to court documents filed Wednesday. The data loss complicates…

Indian News Agency ANI Takes OpenAI to Court Over AI Training Dispute

Indian news agency ANI has initiated legal action against OpenAI, alleging that the company used ANI’s proprietary content without authorization to train its AI chatbot, ChatGPT. The lawsuit, filed in…

Coinbase Announces Plans to Suspend Trading of Wrapped Bitcoin

Coinbase has declared its intention to suspend trading of Wrapped Bitcoin (WBTC) come December, highlighting undisclosed issues that failed to meet the exchange’s rigorous token listing standards. The cryptocurrency exchange…

Indicators Suggesting a Potential Peak in Bitcoin Prices

CryptoQuant, an onchain data service, has identified several key metrics that can indicate when Bitcoin may be nearing a price peak. According to a recent update posted on November 19,…

Microsoft Introduces AI Voice Cloning for Teams Meetings

Microsoft has unveiled an AI-powered feature for Teams called Interpreter, which enables real-time voice cloning and translation. Announced at the 2024 Microsoft Ignite conference, this new tool allows users to…

Paxos Expands into the EU with Membrane Finance Acquisition for Stablecoin Growth

Paxos, a leading blockchain infrastructure platform, has strategically positioned itself for an expansion into the European market by acquiring Membrane Finance, a Finnish Electronic Money Institution. This acquisition is set…

Elon Musk’s X Sues Twitch for Alleged Advertising Boycott

Elon Musk’s X has taken legal action against Amazon-owned Twitch, alleging that the livestreaming platform has boycotted advertising on X since November 2022. Twitch is the latest target in X’s…

Germany Points to Sabotage in Baltic Sea Cable Damage

Germany and Finland are investigating the deliberate severing of undersea data cables in the Baltic Sea, calling it a likely act of sabotage. Two cables—one connecting Finland to Germany and…

Kim Kardashian Befriends Tesla’s Robot Optimus in Style

Kim Kardashian has taken her love for cutting-edge tech to the next level, teaming up with Tesla’s humanoid robot, Optimus. The fashion icon shared videos on Instagram and X (formerly…

PayPal Enhances Cross-Border Payments with Xoom Using PYUSD Stablecoin

PayPal has announced a significant step in its global payments strategy by tapping Xoom to facilitate cross-border payments using its stablecoin, PayPal USD (PYUSD), as of November 19. This initiative…

Hong Kong Cyberport’s Web3 Ecosystem Expands to 270 Blockchain Companies

Hong Kong‘s Cyberport, a state-supported business hub, has rapidly expanded its roster of blockchain-related enterprises to over 270, following the addition of more than 120 firms in just 16 months.…

Microsoft’s BiomedParse Brings AI to Cancer Detection

Microsoft has unveiled BiomedParse, a new AI model powered by OpenAI’s GPT-4, designed to analyze medical images and assist in identifying diseases, including various cancers. The tool, announced on Monday,…

Stalemate in House Ethics Committee Over Release of Matt Gaetz Report

On Wednesday, the House Ethics Committee convened in a closed session without reaching a consensus on whether to publicly disclose a detailed report of their extensive investigation into former Rep.…

HarperCollins’ Mystery AI Partner Identified as Microsoft

HarperCollins has partnered with Microsoft to license select nonfiction titles for artificial intelligence model training, according to Bloomberg. The deal, which spans three years, requires authors to opt in, ensuring…

Nvidia’s Blackwell Chips Lead AI Market Growth

Nvidia’s third-quarter performance exceeded Wall Street expectations, with the company reporting significant revenue growth fueled by robust demand for its artificial intelligence chips. The technology giant delivered $35.08 billion in…

Elon Musk and Vivek Ramaswamy Reveal Plans for the Department of Government Efficiency

Elon Musk and Vivek Ramaswamy, newly appointed co-leads of the Department of Government Efficiency (DOGE), have detailed their ambitious plan to reshape the federal government. Writing in The Wall Street…

Alphabet Cleared for $2 Billion Investment in Anthropic by UK Regulator

The U.K.’s Competition and Markets Authority (CMA) has approved Alphabet’s $2 billion investment in Anthropic, a San Francisco-based artificial intelligence startup developing large language models (LLMs) and the chatbot Claude.…

Launch of DeFi Vaults for BlackRock’s BUIDL by Securitize and Elixir

On November 19, Securitize and Elixir introduced a significant innovation in the realm of tokenized securities with the launch of a liquid staking token (LST) for BlackRock’s onchain money fund,…