EU antitrust regulators are asking Microsoft’s rivals what kind of customer data they are required to provide to the US tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. Cloud Infrastructure Services Providers in Europe (CISPE), whose members include Amazon, alleged last November
Month: May 2023
Five TikTok users in Montana who create content posted on the short-video app filed a lawsuit in federal court seeking to block the state’s new ban on the Chinese-owned platform. Montana Governor Greg Gianforte on Wednesday signed legislation to ban TikTok in the state, effective Jan. 1. The five users seek to block the law,
A new scam as a service called “Inferno Drainer” has reportedly stolen nearly $6 million from unsuspecting crypto users, according to Web3 scam detecting firm Scam Sniffer. Inferno Drainer reportedly advertises that it provides ready-to-go code to scammers, allowing them to steal crypto in exchange for a 20% cut of the scammer’s crypto “loot”. 1/
U.S. Republican Sen. Cynthia Lummis of Wyoming held a fireside chat with the founder and CEO of Chamber of Digital Commerce Perianne Boring during the Bitcoin 2023 event in Miami on May 19. The topics of discussion were the importance of Bitcoin to U.S. national and energy security and the upcoming legislation surrounding cryptocurrency, blockchain,
The ongoing case of the Securities and Exchange Commission v Ripple Labs could have a significant impact on the future of cryptocurrency regulations. Ripple first popped up in 2012 with the promise of providing financial institutions and other entities with faster, more affordable clearance of cross-border fund transfers. To that end, Ripple created the XRP
Strike, a Chicago-based Bitcoin (BTC) payment provider, expanded its services to 65 countries in parallel to relocating its global headquarters to El Salvador. Before its expansion, the mobile app was operational only in the United States, El Salvador and Argentina. According to Jack Mallers, the CEO and founder of Zap, Strike’s parent company, the expansion
A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC) or Wrapped Matic (WMATIC) pools on Aave V2 Polygon, preventing assets from being withdrawn from them, according to a May 19 proposal that attempts to fix the bug through a patch.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The United States Department of Justice (DOJ) is on the lookout for DeFi hackers and exploiters who have stolen millions of dollars worth of assets. The DOJ’s
Warner Bros. Games has finally announced Mortal Kombat 1, a reboot and reimagining of the universe that’s been created by the Fire God Liu Kang. The fighting game is slated to release September 19 on PC, PS5, Xbox Series S/X, and Nintendo Switch, and has also dropped a cinematic trailer offering glimpses at the characters’
In an aerial view, a modified company sign is posted on the exterior of the Twitter headquarters in San Francisco, April 10, 2023. Justin Sullivan | Getty Images News | Getty Images Elon Musk and X Corp. — the Musk-backed parent company of social media platform Twitter — face an investigation over building code violations
In 2022, Google surprised many when it decided to bring its Pixel 7 and Pixel 7 Pro smartphones to India. Between the two, the Pixel 7 was launched at Rs. 59,999, but can now be found at around Rs. 55,999 online, making it more accessible than any of its predecessors. Google recently launched the Pixel 7a
May 20, 2023Ravie LakshmananMobile Security / Cyber Attack The U.S. Cybersecurity and Infrastructure Security Agency (CISA) warned of active exploitation of a medium-severity flaw affecting Samsung devices. The issue, tracked as CVE-2023-21492 (CVSS score: 4.4), impacts select Samsung devices running Android versions 11, 12, and 13. The South Korean electronics giant described the issue as
The United States stock market recovered sharply on May 17 and May 18 on hopes that the debt ceiling agreement could be reached, but the market gave back some of it gains on May 19 on reports of a temporary halt in the talks. The U.S. dollar index (DXY), which had been rising for the
Samsung Electronics will not change the default search engine on its smartphones from Google to Microsoft’s Bing any time soon, the Wall Street Journal reported on Friday, citing people familiar with the matter. Shares of Google-parent Alphabet gained more than 1 percent in premarket trading. Microsoft shares were down about 1 percent. Samsung has suspended
Meta Platforms‘ Instagram is planning to release a text-based app that will compete with Twitter and may debut as soon as June, Bloomberg News reported on Friday, citing people familiar with the matter. The Facebook parent is testing the product with influencers and some creators, according to the report. The company did not immediately respond
A combination of more hash rate coming online from mining plants and a price protection approach is shielding Bitcoin mining firm Marathon Digital Holdings through the bear market, CEO Fred Thiel told Cointelegraph. In an exclusive interview during the 2023 Bitcoin Conference in Miami, Thiel disclosed the strategy behind Marathon’s figures in the first quarter of
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