The US Consumer Product Safety Commission (CPSC) said on Wednesday it has sued Amazon to force the retailer to recall hundreds of thousands of hazardous products that it had distributed on its platform. By a 3-1 vote, the CPSC voted to file an administrative complaint saying the Seattle-based e-commerce giant was legally responsible to recall
Month: July 2021
In this article DIDI A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters GUANGZHOU, China — Rivals to Chinese ride-hailing giant Didi are trying to eat away at
Twitter is extending the ability to let users decide who can reply to their tweets even after they have been published on the social media platform. Twitter users already had the ability to limit replies on their tweets, but the choice had to be made before a tweet was published. Users can limit the replies
Amazfit GTR 2 LTE smartwatch has launched alongside the Amazfit Powerbuds Pro earbuds. The wearable comes with an additional eSIM call function. The LTE model brings this added functionality, else all its features are similar to the Amazfit GTR 2 launched last year. The Amazfit GTR 2 LTE comes with a round dial, a silicone
Transform 2021 Live now: Conversational AI & Intelligent AI Assistants Summit, presented by Five9 July 12-16 Watch Now Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9. Watch now! Lambda Labs, an AI infrastructure company, this week announced it has raised $15 million in a venture funding round. This
REvil, the infamous ransomware cartel behind some of the biggest cyberattacks targeting JBS and Kaseya, has mysteriously disappeared from the dark web, leading to speculations that the criminal enterprise may have been taken down. Multiple darknet and clearnet sites maintained by the Russia-linked cybercrime syndicate, including the data leak, extortion, and payment portals, remained inaccessible,
The U.S. Securities and Exchange Commission has settled charges against the defunct initial coin offering (ICO) review website Coinschedule.com for violating the anti-touting provisions of federal securities laws. But two SEC commissioners have penned an open letter in response saying the settlement highlights flaws with the commission’s processes. According to a July 14 release from
Fed Chairman Jerome Powell told the House of Representatives today that stablecoins should face stricter regulations similar to money market funds or bank deposits. Powell was asked specifically about Tether, currently the most valuable stablecoin, by Rep. Anthony Gonzalez (R-OH). Tether claimed each coin was backed by a dollar, but that has been proven false;
In early 2021 Bitcoin and Ether price was the center of attention as each asset seemed to hit a new all-time high every 24-hours and traders called for $100,000 BTC and $5,000 ETH. Fast forward to the present and both assets are still more than 40% down from their all-time highs and the bulls calling
The U.S. Securities and Exchange Commission (SEC) has charged a token listing website with unlawfully touting crypto securities. The site did not disclose that it was paid by the token issuers to profile their coin offerings. SEC Charges Website Touting Security Tokens Without Clarifying Which Tokens Are Securities The U.S. SEC announced Wednesday that a
The California District Judge overseeing a racketeering suit filed against crypto derivatives exchange BitMEX, William H. Orrick, has rebuffed the plaintiffs’ motion offering to provide them with a tutorial on “cryptocurrency basics.” According to a July 13 report from Law360, the judge responded to Bitcoin Manipulation Abatement LLC (BMA)’s proposal with a one-page order on
Bitcoin (BTC) has once again held the critical support area at $31,000 today, indicating accumulation at lower levels. This led some analysts to speculate that traders were selling their holdings to investors with a low history of selling in anticipation that “a supply shock” to occur when the re-accumulation process completes. Another sign of strong
Instagram is getting a new Security Check feature for users whose accounts may have been hacked in the past. The new feature, aimed at making user accounts more secure, will guide users through the steps required to keep their accounts secure. The steps include checking login activity, reviewing profile information, confirming accounts with shared login
The controversial Uniswap-funded DeFi Education Fund has liquidated half of its donated funding into stablecoins, attracting condemnation from many in the crypto community. On June 12, the fund tweeted that it was selling 500,000 UNI to Genesis Trading for 10.2 million USDC in an over-the-counter (OTC) trade, despite the Uniswap proposal for the fund indicating
Call of Duty: Mobile beta test has started allowing players to get an early look at what’s to come in Season 6. The latest beta build is available for Android and iOS users through an ‘apk’ and a Test Flight programme, respectively. The development was shared on the official Call of Duty: Mobile subreddit f/CallOfDutyMobile
Windows 365 has debuted to offer an all-new way to access a full-fledged Windows operating system from anywhere — using a desktop, laptop, or even a mobile device. Microsoft announced the debut of Windows 365 at its partner-focussed virtual conference Inspire 2021 on Wednesday. The new offering brings the concept of a cloud PC to
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