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Meta’s stock surge boosts Zuckerberg’s net worth to $201B, ranks fourth globally
30.9.2024
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
Meta’s stock surge boosts Zuckerberg’s net worth to $201B, ranks fourth globally
30.9.2024
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
Zuckerberg becomes fourth-wealthiest person following shift to Meta
30.9.2024
Tech giant Meta's current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance
12.4.2024
The Competition and Markets Authority (CMA) of the United Kingdom, under the direction of Sarah Cardell, has voiced its dissatisfaction with AI Foundation Models (FMs) that are owned by a small number of tech companies.
The post UK Competition and Markets Authority Raises Alarms Over...
EU Launches Probe into Tech Giants Apple, Google, Meta, and Amazon Over Digital Markets Act Violations
25.3.2024
The European Commission has begun an extensive investigation targeted at Apple, Amazon, Alphabet, and Meta over non-compliance practices under the new Digital Markets Act (DMA). The notice of the inquiry was disclosed by the commission on March 25, and it represents the EU’s first major attempt...
European Commission Grills Big Tech on AI Risks to Elections: Deepfakes, Misinformation in Focus
15.3.2024
On March 14, the European Commission formally enquired into strategies adopted by big tech companies to mitigate generative Artificial Intelligence (AI) risks capable of misleading voters. The commission has given the companies an April 3 deadline to provide documents and information.
The post...
Senator Elizabeth Warren Advocates for a “Level Playing Field” and Regulations in Crypto and AI
28.2.2024
United States Senator Elizabeth Warren has emphasized the need for a legal "level playing field" in the cryptocurrency industry and has called for restrictions on major tech companies' development of artificial intelligence (AI) models.
The post Senator Elizabeth Warren Advocates for...
HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions
28.12.2023
  The Hong Kong-based digital asset exchange, HKbitEX, partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies, supported by China’s Ministry of Science and Technology and Shanghai municipal government. On December 28, in a significant...
China's Baidu and other tech companies release ChatGPT-like AI chatbots
31.8.2023
Multiple Chinese tech companies launched their own ChatGPT-like AI chatbots for mass market use two weeks after China’s AI regulations came into force which requires prior government approval
AI mentions skyrocket in major tech companies' Q2 calls
1.8.2023
As major tech companies race to develop and deploy high-level AI systems, mentions of the technology is skyrocketing in company calls
US Senator pushes tech companies to label AI-generated content
30.6.2023
The U.S. Democrat Senator Michael Bennet wrote a letter to major tech companies including OpenAI and Google to urge the labeling of AI-generated content
‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO
21.5.2023
Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of Coinbase believes this would be done to remit funds...
Harvard Business Review: Alchemy Pay, Crypto Payment Ecosystem Pioneer
17.5.2023
Introduction. When we discuss the future of the digital economy and real life in the next generation of the Internet, we are inevitably talking about Web 3.0. The future is unknown, but we have seen some tech companies already exploring and deepening on their tracks, such as Alchemy Pay, mentioned...
Tech companies enter agreement for 'Japan Metaverse Economic Zone'
27.2.2023
A group of major Japanese technology companies including Fujitsu Ltd. and Mitsubishi Corporation came together in a new agreement to help advance the country’s metaverse sector
Meta Joins Growing List of Tech Companies Letting Workers Go – Crypto Firms to Follow Suit?
7.11.2022
With Facebook-owner Meta now joining a growing list of tech companies that are letting workers go, the inevitable next question becomes what crypto companies will do.
Per a report from the Wall Street Journal, “large-scale layoffs” are set to begin at Meta as early as this week. The layoffs could...
Xiaomi Files Patent to Create Its Own Blockchain-Powered Virtual Characters
22.7.2022
Xiaomi, one of the biggest mobile phone and tech companies in the world, has introduced a patent that implements blockchain technology for the creation of its own virtual characters. The patent, introduced in China, mentions that the creation of these characters will be randomized thanks to...
Report: Fintech Firms Received 62% of the $4.9 Billion Raised by African Tech Companies in 2021
11.1.2022
Fintechs account for nearly two-thirds of the $4.9 billion that was raised by African technology firms during the past year. Fintech groups also dominate in terms of funding that exceeds $50 million, with a 40% share of the total number of tech firms. The Covid-19 Factor Out of the $4.9 billion...
Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet
1.8.2021
The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin to its balance sheet. Unnamed sources detail that the American asset management firm leveraged bitcoin to diversify from traditional debt investment strategies....
Cathie Wood: More Tech Companies Will Adopt Bitcoin Treasury Reserves
25.1.2021
Wood said large companies are asking her if they should follow Square's lead
Deloitte includes BitPay on top 500 tech companies list
18.11.2020
BitPay beat Pinterest by several ranks on Deloitte's prestigious list