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Governance
Dollar rises, yen falls on fading US rate-cut bets
As tensions rise in the Middle East, the pound strengthens on expectations of sustained U.S. interest rates, while the dollar’s surge underscores investor un…
Leaders
Bitcoin’s value plummets 7.9% to $61,842
Cryptocurrency markets saw a major dip as bitcoin’s value fell by 7.9% and ether experienced a 9.18% decline, causing losses of $5,308 and $296.1 respectivel…
Governance
EQT to offload data management firm Rimes to Five Arrows
Swedish investment firm EQT has agreed to sell data management tech firm Rimes to Five Arrows, a unit of Rothschild & Co., bolstering solutions for asset man…
Global
A new AI tool for making hyperlocal weather videos belongs to The Weather Channel’s parent company
OUR TAKEThe launch of ReelSphere by The Weather Company is a significant step forward in the field of weather forecasting. The use of artificial intelligence…
Asia-Pacific
The VPN capability on Google One will be discontinued later this year
Google revealed in an email that the perk will be phased out later this year. Google didn’t provide a specific date when the VPN service will be discontinued…
Institutional
US cyber agency says Russian hackers stole government emails
US cyber agencies say Russian government-backed hackers used Microsoft access to steal emails between government officials and tech giants.
Leaders
Chipmaker Marvell touts new AI business but market doesn’t care
Marvell Technology said on Thursday it won new business helping large US cloud-computing companies customise chips for artificial intelligence, but the compa…
North America
Automakers Magna to trial Sanctuary AI’s humanoid robots
OUR TAKE The partnership between Sanctuary AI and Magna, along with similar collaborations in the automotive industry, signals a growing trend of integrating…
Governance
Pavlovsky exits DeFi platform Marginfi due to policy disputes
Marginfi confirmed Pavlovsky’s resignation, attributing his departure to disagreements with company policies as stated in official statement.
Cloud Service
Apple uses AI technology to overhaul Mac product line
Apple M4 computer processor is coming soon Apple is about to produce an M4 computer processor with AI processing power and plans to update every Mac model wi…
Governance
DuckDuckGo bundles VPN with privacy protection
DuckDuckGo has launched a new Privacy Pro subscription that bundles VPN services, personal information deletion, and identity theft recovery.
Leaders
Ethereum’s EIP-3074: Making normal wallets ‘smart’
Ethereum’s upcoming Pectra upgrade, featuring EIP-3074, is set to transform crypto wallets with smart contract capabilities. EIP-3074 makes waves in crypto w…
Asia-Pacific
WhatsApp trials Meta AI in India and other markets
WhatsApp is testing Meta AI, its large language model-powered chatbot, with users in India and some other markets. Meta begins to test Meta AI in India In a …
Global
ChatGPT upgrade: More direct, less verbose
OpenAI’s popular AI chatbot, ChatGPT, has received a significant upgrade, offering premium users access to an enhanced version of GPT-4 Turbo. OpenAI updates…
Governance
Dubai’s crypto regulation chief eases burden on small firms
Dubai’s VARA CEO Matthew White plans to lower compliance costs for small crypto firms, proposing a framework to include all players in the rapidly growing in…
Global
AI tool ReelSphere makes hyperlocal weather videos
The next time you check your local weather report, it might just be AI-generated. Because The Weather Company is bringing AI tools to make weather videos. Th…
Asia-Pacific
iPhone users in 92 countries receive spyware attack alert
Apple sent a new round of threat alerts to some users in 92 countries on Thursday, warning them that their iPhones could be attacked by hired spyware, includ…
Leaders
Instagram to blur out nude images sent to teens in DMs
Instagram says it’s deploying new tools to protect young people and combat sexual extortion, including a feature that will automatically blur nudity in direc…
Institutional
SK aims for AI tech leadership and semiconductor market growth
The government is spearheading a $454 billion semiconductor “mega cluster” in Gyeonggi-do Province, aimed at centralising chip manufacturing.
Asia-Pacific
DuckDuckGo launches VPN service in new Privacy Pro subscription
Privacy-focused consumer tech company DuckDuckGo launched a new Privacy Pro subscription on Thursday that bundles a VPN service, personal information removal…