kamal

Shein is still looking to IPO

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Shein is still looking to IPO, Reuters reports. The company is looking to list on the London Stock Exchange (LSE) and could complete its IPO as early as April.  The push for London comes after the company stopped trying to list in the U.S. as lawmakers raised concerns over the company’s connections to China and … Read more

Meta eliminates DEI programs

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Axios reports that Meta is eliminating its biggest DEI efforts, effective immediately, including ones that focused on hiring a diverse workforce, training, and sourcing supplies from diverse-owned companies. Its DEI department will also be eliminated.   In a memo leaked to the outlet, Meta said it was making these changes because the “legal and policy landscape … Read more

Meta disbands diversity team and says DEI has become ‘charged’

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Illustration by Nick Barclay / The Verge Meta is eliminating its diversity, equity, and inclusion programs because of the “legal and policy landscape surrounding diversity, equity and inclusion efforts” in the US, according to a memo to employees seen by Axios. Meta will also roll back representation goals and end its “diverse slate approach” to … Read more

Automattic cuts WordPress contribution hours, blames WP Engine

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Image: Cath Virginia / The Verge Automattic, the company that runs WordPress.com, is scaling back its contributions to the WordPress open-source project, according to an announcement on Thursday. The company says it’s decreasing contributions to “match” the amount of time companies like WP Engine spend on the ecosystem, further escalating the tension between Automattic CEO … Read more

Bhutan’s Crypto Reserve Could Pave Way for Economic Growth in Other Countries

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Bhutan, a small country in South Asia, is making big waves in the crypto world. The Kingdom, which populates roughly 770,000 people and lies between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy. This includes bitcoin (BTC), ethereum (ETH), and Binance’s BNB token (BNB). El Salvador … Read more

How Elon Musk’s xAI is quietly taking over X

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Illustration by Laura Normand / The Verge When Elon Musk launched his own AI startup, xAI, he touted a key advantage over his competitors: access to the vast trove of data from his newly acquired social media platform Twitter. By implementing new API fees on the network he quickly renamed X, Musk locked out other … Read more

Polkadot‘s Largest LST – vDOT, Reached $2.2M Supply Cap On Hydration MM Within 15 Hours

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SINGAPORE, Singapore, January 10th, 2025/Chainwire/–Bifrost has announced that vDOT, Polkadot‘s largest liquid staking token (LST), has been listed as a collateral asset on Hydration Money Market. Within 15 hours of opening deposits and borrows, vDOT reached the supply cap of 220K and surpassed $2.2 million in Total Value Locked (TVL) pushed by DOT leveraging demand. … Read more

EU approves $35B Synopsys and Ansys merger, subject to divestment conditions

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The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must sell-off various software products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products, such as chips, … Read more

Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft

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Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds of … Read more

Kenya Prepares to Legalize Cryptocurrencies in Policy Shift: Report

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Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry. “The emergence and growth of Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) have given rise to innovations in the local and international financial system with dynamic opportunities … Read more

The new Atari handheld knows its market

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CES isn’t much of a gaming show. Every year, however, a few notable products slip through the news deluge. Created in collaboration with My Arcade, Gamestation Go fits the bill. The handheld sports a 7-inch display and comes preloaded with north of 200 titles from various Atari generations. Of course, simply being portable game emulator … Read more

KuCoin Study: 82% of Vietnam’s Gen Z See Future in Blockchain Careers

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Rising Interest in Blockchain Careers Among Vietnamese Youth A comprehensive survey conducted by cryptocurrency exchange KuCoin at the Vietnam Technology & Investment Summit (VTIS) 2024 has revealed significant interest in blockchain careers among Vietnamese youth. The study, which surveyed 926 participants during December 3-4, 2024, found that 82% of respondents are actively considering careers in … Read more

Three Russians Face Money Laundering Charges Over Mixing Services: DOJ

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Three Russian nationals tied to operating sanctioned crypto mixing services Blender.io and Sinbad.io have been charged with money laundering by a federal grand jury in Georgia, the U.S. Department of Justice said in a statement on Friday. Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik had been arrested last month, and they face money laundering charges. … Read more