No thank you. Glance AI, a brand owned by mobile advertising company InMobi, has announced a partnership with the Samsung Galaxy Store to roll out its e-commerce platform to Galaxy phones in the US. The company’s app centers around what it calls “a Generative AI shopping platform,” which is a serious contender for the most … Read more
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The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet.
JPMorgan Chase (JPM) plans to let trading and wealth-management clients use certain crypto-linked assets, including spot bitcoin exchange-traded funds (ETFs), as collateral for loans. Starting in the coming weeks, the bank will offer financing backed by shares of BlackRock’s iShares Bitcoin Trust (IBIT), Bloomberg reported Wednesday, citing people familiar. For some clients, JPMorgan will also … Read more
Microsoft’s LinkedIn CEO, Ryan Roslansky, is taking on an expanded role at the software maker as the head of Office. Announced in an internal memo from Microsoft CEO Satya Nadella, the move is part of an AI shakeup that also sees Charles Lamanna and the business and industry Copilot (BIC) team move closer to the … Read more
A group of cybercriminals known as Interlock is advertising stolen data from Kettering Health, which includes patients’ data.
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Reddit sued Anthropic on Wednesday in San Francisco superior court, claiming that the OpenAI rival had accessed its platform more than 100,000 times since July 2024, after Anthropic allegedly said it had blocked its bots from doing so. In the filing, Reddit calls Anthropic a “late-blooming artificial intelligence (‘AI’) company that bills itself as the … Read more
The BFSI industry has long been at the forefront of technological innovation, and Gen AI in BFSI is now driving the next wave of transformation. The adoption of Generative AI for financial assistance is accelerating rapidly, with growing demand and widespread deployment across the sector. Key Takeaways on how Generative AI in Finance is Reshaping Critical Areas … Read more
Huma has officially joined the Global Dollar Network (GDN) — a coalition of leading enterprises committed to accelerating the adoption of stablecoins through aligned incentives, regulatory clarity, and global utility. Launched by Paxos and powered by Global Dollar (USDG), the network includes members such as Robinhood, Kraken, Anchorage, Nuvei, and Worldpay. USDG is a US … Read more
According to the payments company, it had secured approval across a patchwork of regulatory regimes in individual US states allowing it to operate across the country.
Meta has revealed more information about Aria Gen 2, its experimental smart glasses designed to serve as a test platform for research about augmented reality, AI, and robotics. The glasses pack several improvements into their lightweight frame that could one day translate into consumer products, including an improved eye-tracking system that can track gaze per … Read more
U.S. House of Representatives Republicans are forging ahead with legislation to establish regulations for U.S. crypto markets, dissecting that effort in a pair of hearings on Wednesday, but Democrats insist the complex bill is hurried, flawed and fails to address a chief complaint: their accusations that President Donald Trump is engaged in crypto corruption. The … Read more
Reddit is suing Anthropic for allegedly using the site’s data to train AI models without a proper licensing agreement, according to a complaint filed in a Northern California court on Wednesday. Reddit claims in the complaint that Anthropic’s unauthorized use of the site’s data for commercial purposes was unlawful, and alleges the AI startup violated … Read more
Nintendo’s latest console arrives on June 5th. The Switch 2 has finally arrived – well, at least in some parts of the world. Nintendo’s latest console officially launches in the US tomorrow, June 5th, bringing with it more processing power, a larger 7.9-inch LCD display, and an all-new racing title in the form of Mario … Read more
Aerial of California Solar Plant in the Cuyama area of Southern California. | Photo: Getty Images For three years in a row, California has added a record amount of new clean energy capacity. The amount of renewable energy and storage (i.e. batteries) added since 2020 is roughly equivalent to how much electricity the state has … Read more
Crypto-friendly Lee Jae-myung was elected as South Korea’s new president on Wednesday, defeating the incumbent Conservative Party’s leader Kim Moon-soo. During the election Lee made a number of promises to South Korea’s crypto industry, appealing to the nation’s 15 million crypto investors. These included legalizing spot cryptocurrency exchange-traded funds and allowing institutional investors like the … Read more
A 24-year-old French-Moroccan national was arrested for his alleged role running a kidnapping scheme that targeted the crypto-rich in France.
CEO Sebastian Siemiatkowski told the crowd at London SXSW that his company plans to balance employees and AI workers.
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Bitcoin mining firm BitFuFu posted a record-setting month in May, boosting its hashrate under management to 34.1 exahashes per second (EH/s) and producing 400 BTC, up 91% from April. Most of that production came from cloud-mining clients, who generated 357 BTC, while the remaining 43 BTC came from BitFuFu’s self-mining operations. The increase was largely … Read more
Stablecoin issuer Circle Internet Group may price its upcoming initial public offering (IPO) well above its marketed range after demand from investors far outpaced supply, according to Bloomberg. The company has reportedly received orders for more than 25 times the number of shares available in the offering. Circle is expected to finalize its pricing following … Read more
The Korean firm’s stock skyrocketed on Wednesday, shortly after it announced its intentions to become the MetaPlanet of South Korea.