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Bluesky Soars with 1.25 Million New Users Post U.S. Election
In the wake of the recent U.S. presidential election, the social media platform Bluesky has experienced a significant surge in users. Bluesky reported an influx of 1.25 million new users…
Final Media Buys by Crypto PAC Target Wisconsin Before US Election Day
In a strategic maneuver on the eve of the US Election Day, the cryptocurrency political action committee (Crypto PAC) directed its last media purchases towards Wisconsin. This decisive move underscores…
SoftBank Reports Major Profit Surge with Vision Fund’s Rebound
SoftBank’s Vision Fund division reported significant gains of 608.5 billion yen ($3.96 billion) in its fiscal second quarter, as the Japanese conglomerate experienced a sharp rise in returns on its…
Apple Faces $3.8 Billion UK Lawsuit Over Alleged iCloud Monopoly
Apple finds itself at the center of a £3 billion lawsuit in the United Kingdom, claiming the tech giant has violated competition laws by imposing inflated prices on its iCloud…
Apple Reportedly Bringing AI-Powered Smart Home Hub to Walls in 2025
Apple may be preparing to join the smart home market in 2025 with a wall-mounted tablet designed to control home appliances, make video calls, and feature Apple Intelligence. According to…
Small Businesses Gain New AI Tool as Alibaba Expands International Reach
Alibaba has launched a new artificial intelligence-driven search engine, Accio, aimed at small businesses in Europe and the Americas to aid in sourcing supplies. This tool represents Alibaba’s strategic move…
Investor Loses $6 Million in GIGA Tokens to Phishing Scam Involving Fake Zoom Link
A significant phishing attack targeting a well-known memecoin investor resulted in a loss of $6.09 million, striking a major blow to the victim and sparking widespread concern within the cryptocurrency…
US Ether ETFs Experience Record Inflows, Signaling Strong Market Confidence
The U.S. spot Ether exchange-traded funds (ETFs) have marked a significant milestone, registering the largest single-day inflow since their inception, as investor enthusiasm surges following Donald Trump’s election victory. On…
French Newspapers Sue Social Platform X, Demand Payment for Shared News
French newspapers have banded together to take social platform X to court, accusing it of skirting a law that requires digital platforms to pay for reusing news content. Heavyweights like…
Tether Introduces Open-Source Wallet Kit Compatible with AI
Tether, the leading issuer of the world’s largest stablecoin, unveiled a significant innovation on November 11—a Wallet Development Kit (WDK) that is open-source and designed for integration across a diverse…
Baidu Launches AI Tools to Simplify App Development and Image Creation
Baidu Inc introduced a range of new AI-powered applications at the annual Baidu World Conference, marking a strategic push toward the commercial application of its AI advancements. The Chinese tech…
PayPal USD Implements LayerZero to Facilitate Cross-Chain Transfers Between Ethereum and Solana
PayPal‘s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), has made a significant leap in blockchain interoperability by integrating with the cross-blockchain bridging protocol LayerZero. Announced on November 12, this integration marks…
Intel Brings Back Free Coffee to Ease Workplace Woes
Intel, reeling from substantial layoffs and budget cuts, is attempting to boost employee morale by reintroducing free tea and coffee at its facilities. According to TechSpot, despite recent cuts affecting…
Crypto Adoption Higher Among Underbanked in U.S., According to FDIC
In 2023, cryptocurrency usage was more prevalent in “underbanked” households in the United States than those fully integrated into the banking system, according to a report released by the Federal…
Japan Launches $65 Billion Boost for Domestic Chip and AI Sectors
Japanese Prime Minister Shigeru Ishiba announced a $65 billion plan to support Japan’s semiconductor and artificial intelligence sectors through subsidies and financial incentives. The initiative, targeting domestic chip production, aims…
TSMC and GlobalFoundries Set to Receive Final Chips Act Awards, Sources Say
Taiwan Semiconductor Manufacturing Co. (TSMC) and GlobalFoundries, along with another unnamed chipmaker, are reportedly set to receive their final awards under the U.S. Chips and Science Act. The Commerce Department…
TikTok Awaits Trump’s Next Move on Potential U.S. Ban
Donald Trump is reportedly expected to challenge a potential U.S. ban on TikTok as a critical January deadline approaches. The ban would compel TikTok’s Chinese parent company, ByteDance, to divest…
Trump to Nominate South Dakota Governor Kristi Noem as Homeland Security Secretary
Donald Trump, following his presidential election victory, plans to nominate Governor Kristi Noem of South Dakota as the Secretary of the Department of Homeland Security, according to insiders. This decision…
Grab raises 2024 revenue forecast as holiday demand surges
Singapore’s Grab Holdings raised its revenue forecast for fiscal 2024, signaling expectations of strong performance in its food delivery and ride-hailing sectors, particularly during the holiday season. The Southeast Asian…
Trump Names Musk and Ramaswamy to Lead Government Efficiency Group
President-elect Donald Trump announced Tuesday that he has chosen Elon Musk, CEO of Tesla and SpaceX, and former Republican candidate Vivek Ramaswamy to spearhead a new Department of Government Efficiency…