January 16, 2025
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FTX founder Sam Bankman-Fried found guilty on all counts, faces over 100 years in prison
Nickie Louise Posted On November 3, 2023


After 15 days of testimony and around four and a half hours of deliberation, a jury in a lower Manhattan court found FTX founder Sam Bankman-Fried, also known as SBF, guilty on all seven counts related to fraud, conspiracy, and […]


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Validation Cloud launches new staking platform for institutional investors
Nickie Louise Posted On November 2, 2023


Validation Cloud, a web3 infrastructure platform, today unveiled its next-generation Staking-as-a-Service platform specifically designed for institutions. The launch follows closely on the heels of the company’s attainment of SOC 2 Type 1 Compliance just a month ago. With this new […]


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Chiliz unveils SportFi ecosystem with 25 strategic partnerships, empowering sports brands to launch innovative products
Nickie Louise Posted On November 2, 2023


Chiliz, a sports blockchain startup company, today unveiled its SportFi ecosystem, featuring partnerships with over 25 sports brands. The new ecosystem aims to deliver new products and experiences to fans using blockchain technology. This collaborative space brings together the worlds […]


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US nuclear missile test failed mid-flight due to anomaly in Minuteman III ICBM
Daniel Levi Posted On November 2, 2023


The US military was forced to shoot down its defective missile after an anomaly was detected mid-flight. US officials reported the launch of an unarmed Minuteman III intercontinental ballistic missile (ICBM) for an operational test, but an unexpected issue, described […]


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Amazon made $1 billion with its secret price-raising algorithms codenamed ‘Project Nessie,’ FTC says
Nickie Louise Posted On November 2, 2023


Barely a month following an investigative report by the Wall Street Journal uncovering Amazon’s use of secret algorithms to inflate prices, the Federal Trade Commission (FTC) revealed today that Amazon had generated $1 billion through these price-raising algorithms. According to […]


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India Blockchain Week (IBW) Reveals Exciting Line-up of Speakers: Sandeep Nailwal, Mo Shaikh, Dr. Emin, Justin Sun and More
Nickie Louise Posted On November 2, 2023


India Blockchain Week (IBW), the country’s flagship series of blockchain and Web3 events held in Bangalore from Dec.4-10, is thrilled to announce the speaker lineup for the main IBW Conference. The conference’s headline speakers include Polygon Co-Founder Sandeep Nailwal, Aptos […]


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Amazon partners with Affirm to offer “buy now, pay later” checkout option to small business owners
Nickie Louise Posted On November 2, 2023


Amazon has just unveiled its first “buy now, pay later” (BNPL) checkout option for the millions of small business owners using its online store, as detailed in a CNBC exclusive report. Citing executives from both firms, CNBC reported that the […]


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What is the point of owning Tether?
Daniel Levi Posted On November 2, 2023


Tether stands as the unrivaled leader in the realm of stablecoins, firmly tethered to the U.S. dollar, a fact well-known to many. However, its steadfast position in the crypto world prompts a fundamental question: What purpose does this type of […]


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You can now register .BOT domain names at Amazon to automate your repetitive tasks using AI
Daniel Levi Posted On November 1, 2023


The highly-anticipated Amazon .BOT domain names for Artificial Intelligence (AI) are finally available to the public for purchase without any restrictions. The domain extension was first launched on December 1, 2017, but the registration process was difficult. But after five years […]


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WeWork to file for bankruptcy as early as next week after burning through $22 billion of investors’ money
Nickie Louise Posted On November 1, 2023


Venture capital-backed star, WeWork, has finally met its downfall, transforming into what many are calling “WeCrashed,” a reference to the TV show on Apple+. The once-celebrated co-working unicorn startup is filing for bankruptcy as early as next week, according to […]


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23andMe to give drugmakers non-exclusive access to consumer DNA data
Daniel Levi Posted On November 1, 2023


In a recent development that may raise serious concerns among privacy advocates, drugmakers are set to gain non-exclusive access to 23andMe consumer genetic data in exchange for millions of dollars paid to the genetic company. The news comes just a […]


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Allstate, Allianz invest $265 million in insurtech startup Next Insurance
Daniel Levi Posted On November 1, 2023


Next Insurance, an insurtech startup that provides coverage for small businesses and entrepreneurs, has secured $265 million in funding led by insurance giants Allstate and Allianz. The investment makes it the biggest funding deal in the company’s history and the […]


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Splunk to lay off 7% of workforce, ahead of $28 billion Cisco acquisition
Nickie Louise Posted On November 1, 2023


Splunk announced on Wednesday it is laying off nearly 7% due to the challenges posed by an uncertain global economic situation in the cybersecurity and cloud software industry. As of January 31, Splunk boasted 8,000 employees and approximately 560 employees […]


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LinkedIn crosses 1 billion members mark, adds AI-powered job search tools
Nickie Louise Posted On November 1, 2023


LinkedIn, the world’s largest professional networking platform, has hit a major milestone of 1 billion members. The Microsoft-owned platform also announced new artificial intelligence (AI) features to help job seekers find and land jobs. However, these new AI tools will […]


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Tesla aims to make 200,000 Cybertrucks per year, up from 125,000; release date set for Nov. 30
Daniel Levi Posted On October 31, 2023


Tesla is aiming to make 200,000 units of its electric pickup truck Cybertruck per year once production ramps up, Tesla CEO Elon Musk revealed on the “Joe Rogan Experience” podcast on Tuesday. The highly anticipated Cybertruck is set to commence […]


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Bitcoin could hit $150,000 by 2025, Bernstein predicts
Nickie Louise Posted On October 31, 2023


Bitcoin has finally staged a comeback! Following a dip to as low as $15,696.30 on November 9, 2022, analysts are now forecasting a potential surge for the world’s most renowned cryptocurrency, predicting it could exceed its previous high of $69,000 […]


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A mystery company backed by tech billionaires is reportedly “forcing farmers to sell” their lands to build a new city for the Silicon Valley elites
Daniel Levi Posted On October 31, 2023


Tech billionaires including Andreessen Horowitz co-founder Marc Andreessen and LinkedIn founder Reid Hoffman are reportedly backing a mystery tech company that’s buying up lands and forcing farmers to sell their land for a new city for Silicon Valley elites. According […]


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Mistral, a generative AI startup aiming to be Europe’s OpenAI, seeks $300 million in new funding
Nickie Louise Posted On October 31, 2023


Mistral AI, a Paris, France generative AI startup co-founded by former researchers from Meta Platforms and Alphabet, is reportedly seeking to raise an additional $300 million. The news comes as the AI race heats up, and emerging generative AI startups […]


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Alibaba unveils Tongyi Qianwen 2.0, its new AI model to take on Microsoft and Amazon
Daniel Levi Posted On October 31, 2023


Alibaba on Tuesday announced the launch of its latest artificial intelligence (AI) model as the Chinese tech giant looks to compete with U.S. tech rivals including Amazon and Microsoft. Known as Tongyi Qianwen 2.0, the new advanced large language model […]


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Brazilian fintech startup QI Tech raises $200 million led by General Atlantic to fund future acquisitions
Nickie Louise Posted On October 31, 2023


QI Tech, a provider of financial services businesses in Brazil, announced today it has closed 1 billion reais (equivalent to $200 million) in Series B funding for potential future acquisitions and to lay the groundwork for a potential public offering. […]


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