In 2023, co-founders Karim Jouini and Jihed Othmani sold their expense management startup Expensya to Swedish procurement software firm Medius in what is widely considered to be one of the largest acquisitions of an African startup. Some sources say the sum was just over $120 million, although deal terms were not disclosed. Success achieved, both … Read more
I recently did something sort of unusual: I went to a preview event for a game that’s been out for almost three years. I’ve played around 400 hours of Pokémon Scarlet, according to my Nintendo Switch, since it was released in late 2022. It’s safe to say I know the game pretty well. And yet, … Read more
The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues.
The announcement of a Donald Trump-branded crypto wallet from the team behind his memecoin has been muddled after the president’s sons disavowed it.
Paul Atkins is promising a “rational” approach to rulemaking instead of enforcement, as lawmakers eye sweeping reforms.
Bitcoin BTC holders have increased their profit-taking activity since the cryptocurrency’s price averages flashed a key bullish signal two weeks ago. BTC’s 50-day simple moving average (SMA) crossed above its 200-day SMA on May 22, confirming a golden cross – a technical indicator signaling bullish long-term momentum, according to data from TradingView. On the same … Read more
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Meta will use nuclear energy to power its data centers and AI models with a 20-year deal to secure 1.1 gigawatts of energy from an Illinois facility.
Bybit unveiled a major security overhaul following its $1.4 billion hack in February, with upgrades across audits, wallet protection and information security.
NYSE Arca, which is part of the New York Stock Exchange, has filed paperwork with the Securities and Exchange Commission (SEC) to launch a fund issued by U.S. President Donald Trump’s media company Truth Social. On Tuesday, the exchange filed a 19b-4 document with the SEC for a fund that would track the price of … Read more
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Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Keep an eye on ETH, is what fund manager March Zheng … Read more
Windsurf, the popular vibe coding startup that’s reportedly being acquired by OpenAI, said Anthropic significantly reduced its first-party access to the highly popular AI models Claude 3.7 Sonnet and Claude 3.5 Sonnet. Windsurf CEO Varun Mohan said in a post on X that Anthropic gave Windsurf little notice for this change, and the startup now … Read more
A Trump deepfake calling for dinosaur border patrols has gone viral, highlighting rising concerns over AI-generated content.
A Bitcoin ETF branded with Donald Trump’s social media platform, Truth Social, is seeking a green light from the Securities and Exchange Commission.
Google has quietly launched AI Edge Gallery, a new Android app that runs large language models like Gemma entirely offline.
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Last week, Elon Musk’s media tour included telling CBS Sunday Morning he was “disappointed” by the Republican domestic policy bill backed by President Trump. Now, the former White House employee is calling it a “disgusting abomination” and claiming that Congress is making America bankrupt in posts on X on Tuesday. Elon’s problem isn’t the provisions … Read more