Month: May 2023

Sridhar Ramaswamy Krisztian Bocsi | Bloomberg | Getty Images Neeva, the privacy-focused search company co-founded by former Google executive Sridhar Ramaswamy, announced Saturday that it is shutting down its consumer search engine and will focus on exploring use cases for artificial intelligence. In a blog post on the company’s website, Ramaswamy and Vivek Raghunathan, another
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May 20, 2023Ravie LakshmananCyber Crime / Ransomware The notorious cybercrime group known as FIN7 has been observed deploying Cl0p (aka Clop) ransomware, marking the threat actor’s first ransomware campaign since late 2021. Microsoft, which detected the activity in April 2023, is tracking the financially motivated actor under its new taxonomy Sangria Tempest. “In these recent
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The Enforcement Directorate (ED) has seized Rs 8.26 crore in a case against Pigeon Education Technology India Private Limited under provisions of the Foreign Exchange Management Act (FEMA), 1999, according to an official statement issued on Friday. In its statement, the ED said that an investigation found that the company was owned by Chinese nationals
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Twitter has alleged that Microsoft violated an agreement over using the social media company’s data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk’s lawyer leveled accusations of “unauthorized” usage of Twitter’s data by Microsoft, including sharing data with government agencies without permission in some cases. In the letter addressed to
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Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing banking crisis. Tether’s latest audit report shows that the stablecoin issuer withdrew over $4.5 billion from banks in the first quarter to reduce counterparty risk following Circle’s troubles during the collapse of Silicon Valley Bank.
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Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC. Data from Glassnode shows an escalating pattern with regard to the amount of so-called Bitcoin “wholecoiners.” If the trend continues,
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Apple and Samsung Electronics are among companies interested in increasing electronics production in India, a minister said, a boon for the country’s push to challenge neighboring China as a manufacturing hub. The South Asian nation is seeking to expand its early success in smartphones to other product categories, Rajeev Chandrasekhar, India’s minister of state for
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Bitcoin (BTC) remained stuck inside a narrow range into May 20 as cryptocurrency markets shook off United States macro triggers. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Powell leaves market with “tons of uncertainty” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading just below $27,000. The pair had seen brief volatility after
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