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Samsung Dunks On Apple's Crushing iPad Commercial Fiasco


Every now and then a corporation is at least a bit funny when going about their late-stage capitalism. For instance, Samsung has released an absolutely perfect diss-ad response to Apple’s recent crushing PR disaster.Read more

Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US


Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...

Apple’s New iPad Ad Sparks Loud, Immediate Backlash


Sometimes, you get blatant reminders of how much disregard big tech has for, well, everything. Whether that’s exorbitant spending on acquisitions, layoffs of hundreds to thousands of people, and refusing to release or delist its employees’ hard work for a tax write-off. But now and then, you...

Larry David Reflects on Super Bowl FTX Ad: ‘Like an Idiot, I Did It’


At the premiere of “Curb Your Enthusiasm’s” final season, Larry David expressed remorse for his participation in a Super Bowl commercial for FTX, reflecting on the decision as misguided after the cryptocurrency exchange’s bankruptcy. Larry David Admits Regret Over FTX Super...

US Gets Serious About Tracking Crypto Mining Electricity Usage


A US government agency responsible for managing energy-related data is going after crypto-mining companies over their power consumption. The Energy Information Administration (EIA) said on Wednesday that it will collect electricity consumption data from identified US-based crypto mining companies...

Hashdex Launches New Commercial for Spot Bitcoin ETF


Source: AdobeStock Hashdex, an asset management firm, has released a new commercial ahead of the upcoming US Securities and Exchange Commission (SEC) decision on the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On January 5, Hashdex posted an advertisement on X (formerly...

ZA Bank Supports Over 80 Web3 Companies with Commercial Banking Services


  Hong Kong-based ZA Bank announced that it has been providing support for over 80 web3 companies since early this year. This is in line with its vision for “Banking for Web3,” which it introduced in April. Among these companies is OKX Hong Kong, and ZA Bank serves as the banking...

Russia’s Digital Ruble ‘Will Affect Banks’ Liquidity’ – Report


Source: Yevgeniy Vershinin/Adobe Russia’s digital ruble will affect the commercial banking sector’s liquidity, experts have claimed as the nation prepares for a CBDC rollout. Per the media outlet Comnews, Russian financial industry experts expressed mixed feelings about the CBDC at a banking...

Banks Flock to Chinese Digital Yuan Pilot – 60 Now Offer CBDC Wallets


Source: Sean K/Adobe Nine more banks have joined China’s digital yuan pilot, bolstering the number of banks offering CBDC wallets to 60. Per Beijing Business Today (via Sohu), the latest batch of commercial banks to join the pilot include three big city-based banks and six rural banks. City-based...

Axie Infinity to provide commercial rights to NFTs


Axie Infinity, a well-known blockchain game, offers commercial value to particular NFT owners, providing them with the option of producing and selling certified products. This is in sync with the introduction of an Axie merch outlet. According to Sky Mavis, specific holders of the games Mystic...

Lloyds Bank Issues ‘Urgent Warning’ on Rising Threat of Crypto Scams


Lloyds Bank, a major retail and commercial bank in the U.K., has issued an “urgent warning” about the growing threat of cryptocurrency scams. “Crypto is a highly risky asset class and remains largely unregulated, which makes it an attractive area for fraudsters to exploit....

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