In a surprising turn of events, Ripple CEO Brad Garlinghouse announced that the company has decided to abandon its direct acquisition of financial institution Fortress Trust. The decision marks a significant departure from Ripple’s earlier intention to acquire the firm, as they had signed a letter of intent just a few weeks ago. However, Garlinghouse
Month: September 2023
In a court filing, Circle argued that assets that are pegged to the U.S. dollar, like the Binance USD (BUSD) or its own stablecoin USDC, are not securities, partly because those who purchase the assets are not expecting any profit from acquiring them. According to Circle, payment stablecoins do not have the “features of an
Apple has been launching its regular slate of products — most recently the iPhone 15 series, the Apple Watch Series 9, the Apple Watch Ultra 2, and a refreshed pair of AirPods Pro — without noticeable hitches, but its long-gestating, ambitious electric vehicle faces an uncertain future. Riddled with repeated delays and development problems, the
Artificial Intelligence will have significant impacts on geopolitics and globalization, Ian Bremmer told CNBC. Leigh Vogel | Getty Images Entertainment | Getty Images Artificial Intelligence will have a significant impact on both geopolitics and globalization, according to Ian Bremmer, political scientist and president of the Eurasia Group. “I think that AI is transformative for the
Apple Watch Ultra 2 was unveiled earlier this month alongside the iPhone 15 series of smartphones. The company’s latest premium smartwatch comes with a few hardware upgrades over last year’s Apple Watch Ultra, which was the first smartwatch from the company with a 49mm display and a titanium body. These include a new processor that
Meta Platforms used public Facebook and Instagram posts to train parts of its new Meta AI virtual assistant, but excluded private posts shared only with family and friends in an effort to respect consumers’ privacy, the company’s top policy executive told Reuters in an interview. Meta also did not use private chats on its messaging
Sep 29, 2023THNArtificial Intelligence / Malware Malicious ads served inside Microsoft Bing’s artificial intelligence (AI) chatbot are being used to distribute malware when searching for popular tools. The findings come from Malwarebytes, which revealed that unsuspecting users can be tricked into visiting booby-trapped sites and installing malware directly from Bing Chat conversations. Introduced by Microsoft
The United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown. Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the Securities Exchange Commission in separate Sept. 28 filings. Bloomberg ETF analyst James Seyffart is also expecting
Investment manager VanEck has fired up the marketing engine for its “upcoming” Ethereum futures exchange-traded fund (ETF), which some analysts expect could be launched as early as Oct. 2. On Sept. 28, VanEck released the two “Enter the Ether” themed TV commercials, revealing that its Ethereum Strategy ETF — tickered EFUT — is “coming soon.”
PlayStation Plus’ monthly free games for October 2023 have been announced. The three titles will be available to members of PS Plus Essential, Extra, and Deluxe/ Premium plans, starting October 3. PS Plus members can sneak their way through the horrifying confines of a gory space prison in The Callisto Protocol, build out large-scale prosperous
OnePlus Buds Pro 2 TWS earphones were launched in India in February this year at the company’s Cloud 11 event. The Chinese electronics company is now working on OnePlus Buds 3, and the renders of the purported earphones have been leaked online. They reveal the specifications of the audio wearable, and also tease their design. To
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. According to
Amazon Great Indian Festival 2023 Sale will begin on October 8 and ahead of it, the e-commerce company has made a few deals live. Smart TVs from top brands including Samsung, OnePlus, Sony, LG, and Xiaomi with OLED and QLED, and 4K displays are listed with up to 60 percent on Amazon right now. The e-commerce
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images The U.S. Equal Employment Opportunity Commission (EEOC) has sued Tesla accusing Elon Musk’s electric car maker of violating “federal law by
Google Pixel 8 series smartphones are all set to launch on October 4, alongside Pixel Watch 2. The smartphone lineup includes Pixel 8 and Pixel 8 Pro. Both the handsets will be available for purchase in India starting October 5. Ahead of the launch, there have been several leaks regarding the upcoming smartphone series and
Meta Smart Glasses in collaboration with Ray-Ban were introduced on Wednesday alongside the Meta Quest 3 and other products. Users can livestream videos to Facebook and Instagram using the smart glasses, hands-free. The frame comes with a 12-megapixel camera sensor and an LED unit. This smart wearable succeeds the Ray-Ban stories, which were the company’s
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