Champaign, Illinois, United States, 2nd July 2024, Chainwire
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1.6K Views
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Why Institutions Are Buying Bitcoin
The rise of Bitcoin is monumental as it grew from its early days to a decentralized payment system that surprised the world with its huge market capitalization. Bitcoin was made in its decentralized nature to give power to the people. […]
3.0K Views
Brussels, Belgium, 2nd July 2024, Chainwire
1.5K Views
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UK fintech startup Revolut seeks $40 billion valuation following a $553.81 million profit
British digital banking startup Revolut announced on Tuesday a record pretax profit of £438 million ($553.81 million) for 2023, driven by robust user growth and a significant rise in interest-related income. This marks a significant milestone as the company aims […]
2.0K Views
Roadtown, British Virgin Islands, 2nd July 2024, Chainwire
1.0K Views
Hanoi, Vietnam, 2nd July 2024, Chainwire
878 Views
Electric Car
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Electric car maker Fisker files for bankruptcy, leaving thousands of EV owners with uncertain future
Electric vehicle startup Fisker filed for Chapter 11 bankruptcy protection in June 2024. The news ends months of speculation over the future of the company and marks a critical point in the company’s tumultuous journey. Fisker is now focused on […]
1.6K Views
Miami, United States, 1st July 2024, CyberNewsWire
1.6K Views
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Amazon hires founders of AI startup Adept to lead its push into AI-powered work automation
Amazon has hired the co-founders of AI agent startup Adept in a move to bolster its artificial intelligence capabilities and enhance its AI-powered work automation efforts. Adept co-founder and CEO David Luan will join Amazon, along with Adept co-founders Augustus […]
2.6K Views
The positive sentiment surrounding Bitcoin ETFs by crypto enthusiasts allowed Bitcoin to rally more than 53% after the US Securities and Exchange Commission (SEC) approved the first regulated spot Bitcoin ETFs on Jan. 10. However, since the rally maxed the […]
1.3K Views
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Google acquires a stake in BlackRock-backed Taiwanese solar startup to boost energy capacity amid AI boom
Google announced on Monday it has acquired a stake in Taiwan’s New Green Power (NGP) in a strategic move to advance its sustainability goals. The deal includes capital investment from Google into the BlackRock fund-owned firm. As part of the […]
4.2K Views
Willemstad, Curaçao, Netherlands, 1st July 2024, Chainwire
1.1K Views
San Francisco, United States, 1st July 2024, Chainwire
1.2K Views
Santa Clara, USA, 1st July 2024, Chainwire
1.1K Views
Artificial Intelligence
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OpenAI and Microsoft sued by Center for Investigative Reporting over copyright infringement
First, it was the major music labels targeting AI startups for copyright infringement. Now, the news industry has secured a formidable ally in its fight against AI giant OpenAI in a major pushback against AI companies and their alleged exploitative […]
2.3K Views
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Fluently, an AI startup founded by YCombinator alum, raises $2M seed round for AI-powered speaking coach for calls
With 84 million non-native employees working in English-speaking environments, companies spend a staggering $10 billion annually on corporate English training to enhance communication and boost confidence. Now, one tech startup aims to transform how near-native speakers refine their English language […]
3.1K Views
The rise of online casino gambling in the US has been extraordinary as many states have been regulating and legalizing these platforms. These regulations and laws can differ between states and affect online casino experiences. That is why we’ll be […]
2.4K Views
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SpaceX soars to record $210 billion valuation, making it the second most valuable private company after ByteDance
SpaceX is selling insider shares at $112 apiece in a new tender offer, significantly boosting the company’s valuation to nearly $210 billion, according to sources cited by Bloomberg. This new valuation positions SpaceX as the second most valuable private company […]
2.6K Views
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Nokia acquires Infinera in $2.3 billion deal to tap into AI-driven data center boom
Nokia announced on Thursday it has agreed to acquire U.S.-based optical networking gear maker Infinera Corp in a deal valued at $2.3 billion to bolster its optical network business and tap into an AI-fueled data center boom. This strategic acquisition […]
3.7K Views
Blockchain
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Fhenix to Host ‘Encryption Day’ as a Side Event at EthCC Brussels on July 9, 2024
Fhenix, the pioneering Fully Homomorphic Encryption (FHE) Layer 2 blockchain, today announced Encryption Day as a side event alongside EthCC in Brussels. Scheduled for July 9 at Ace Events on Av. d’Auderghem 22, this developer-focused gathering promises deep insights into […]
2.4K Views