India’s Koo, a Twitter Alternative, to Cease Operations
Homegrown microblogging platform Koo, which had advertised itself as an alternative to X, has abruptly terminated its services, leaving…
How DePin Networks Can Decentralize Law Enforcement
Radar arrays and acoustic networks that triangulate active shooters are among the many items that can be decentralized and community-owned…
EU Raises Tariffs on China EVs; Nio eyes Europe Price Hike
Europe announced increased tariffs on Chinese electric vehicles, prompting concerns from automakers about potential price hikes starting…
Tesla Short Sellers Lose $3.5B After Deliveries Report
Tesla shares surged this week following a better-than-expected second-quarter deliveries report, causing significant losses for short sellers…
J2 Ventures Raises $150M for Military Healthcare Fund
J2 Ventures, a firm predominantly led by U.S. military veterans, announced on Thursday that it has raised a $150 million second fund to…
Australia’s Spy Agency Shifts Intel Data to Amazon Cloud
Defence Minister Richard Marles said a A$2 billion deal with Amazon Web Services will move Australia’s top secret intelligence data to…
EU Sets Duties on China’s EVs, Allows 4-Month Negotiation
EU officials warned Thursday that electric vehicle (EVs) imports from China will be taxed up to 37.6% from Friday, escalating trade tensions…
EU Consortium to Develop Efficient Satellite Navigation Sensors
On Thursday, a consortium that receives funding from the European Union (EU) announced that it is in the process of creating sensors that will…
Nigeria to Open AI, Blockchain Research Centers Nationwide
The National Information Technology Development Agency (NITDA) of Nigeria plans to establish research centers on AI, IoT, and blockchain…
OpenText to Layoff 1,200 Workers
As part of its new business optimization strategy, OpenText Corp announced on Wednesday that it would eliminate approximately 1,200 positions,…
Bezos to Sell $5B in Amazon Stock After Record High
According to a regulatory filing, Jeff Bezos, the founder and executive chairman of Amazon, intends to liquidate nearly $5 billion in shares…
AI Boom Likely Raised Samsung Q2 Profit 13-Fold
As memory chip prices rise due to artificial intelligence demand, Samsung Electronics’ second-quarter profit is predicted to rise…
Amazon to Halt Astro for Business Security Robot
On Wednesday, Amazon.com announced that it would discontinue the Astro for Business security robot, which was designed for small and…
Microsoft Settles Worker Leave Probe for $14M
On Wednesday, a California commission said that Microsoft Corp. will pay $14 million to settle allegations that it unfairly penalized workers…
Big Tech’s Carbon Footprint Surpasses BTC Mining Since 2019
Before ChatGPT, U.S. tech giants pledged “net zero” carbon emissions. Now, Big Tech’s carbon footprint surpasses…
Musk to Speak at Shanghai WAIC
According to an agenda that was published prior to the event, Elon Musk will be one of the keynote speakers at the opening ceremony of the…
Telegram Enables Paid Content Sharing in Channels
Last month, Telegram introduced a digital currency known as Stars for in-app use and the company is currently expanding its use cases to…
Figma Disables AI Design Tool Copying Apple’s Weather App
Dylan Field, the CEO of Figma, has announced that the business will temporarily stop its “Make Design” AI tool, which was…
Ex-Apple Lawyer Fined $1.15M for Insider Trading
A federal judge determined Tuesday that the former top Apple lawyer who pleaded guilty to insider trading and spared prison must pay a $1.15…
Meta Lifts Ban on ‘Shaheed’ per Board’s Recommendations
Meta Platforms lifted its blanket ban on “shaheed” (English: “martyr”) on Tuesday after a year-long oversight board…