Uber Freight bets big on AI tools to grow its business

Three years ago, as the pandemic caused chaos for companies big and small, Colgate-Palmolive’s chief supply chain officer Luciano Sieber orchestrated a “logistics blitz.”  The result gave Sieber a better understanding of how Colgate-Palmolive moves its products around the world. But it stuck Sieber with another problem: too much data.  About a year ago, Sieber … Read more

Bold Technologies and My Aion launch $2.5B smart city AI platform

Abu Dhabi-based Bold Technologies, a subsidiary of conglomerate Bold Holdings, has partnered with international artificial intelligence company My Aion to launch a $2.5 billion smart-city initiative aimed at transforming urban infrastructure through AI. The companies announced the development of a platform called Aion Sentia Cognitive City, which manages complex urban systems. The platform will be … Read more

Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union. The Swiss crypto financial service provider received the in-principle approval through its subsidiary BTCS (Middle East), according to a May … Read more

‘Hawk Tuah Girl’ Hailey Welch Claims SEC, FBI Cleared Her for the HAWK Memecoin Disaster

Haliey Welch, better known as “Hawk Tuah Girl,” is now distancing herself from last December’s failed HAWK memecoin — despite previously calling it a fully compliant, fan-focused token she was proud to launch. In a new episode of her Talk Tuah podcast, Welch claimed she was questioned by the FBI and handed over her phone … Read more

These Six Charts Explain Why Bitcoin’s Recent Move to Over $100K May Be More Durable Than January’s Run

Bitcoin BTC is trading above $100,000 again, and investors, prone to recency bias, may be quick to assume that this event will play out like it did in December-January, when the bull momentum faded, with prices quickly falling back into six figures, eventually dropping as low as $75,000. However, according to the following six charts, … Read more

Strive Eyes $7.9B Distressed Mt. Gox Bitcoin Claims to Accumulate Discounted BTC

Strive Enterprises is eyeing a calculated bet on bitcoin BTC discounts. The Ohio-based financial services firm said it struck a strategic partnership with 117 Castell Advisory Group to buy distressed bitcoin claims, specifically those with confirmed legal judgments and pending distributions. Among the targeted claims are holdings from the infamous Mt. Gox bankruptcy in 2014, … Read more

Crypto.com secures EU license to launch crypto financial derivatives

Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we now … Read more