Antitrust authorities in both Europe and the U.S. are tightening the grip on Apple. Facing an impending lawsuit from the U.S. Justice Department, the tech giant was also fined $2 billion by the European Commission for purportedly violating competition regulations abroad. Apple’s Antitrust Spotlight In a decisive move, the European Commission imposed a hefty fine […]
Gaming Industry of China and Tencent’s Market Value A recent proposal of China to revise online gaming rules has sent shockwaves through the industry, significantly impacting major players like Tencent. Initially, the draft guidelines, aimed at curbing excessive gaming and spending, have led to a substantial loss in market value for Tencent and other tech […]
United Effort for Secure AI A significant global initiative has been launched. The United States, United Kingdom, and 16 other countries are unveiling guidelines for secure AI development. This historic move is led by the UK’s National Cyber Security Centre and the US’s Cybersecurity and Infrastructure Security Agency. It underscores a “secure by default” approach. […]
Former Twitter CEO Jack Dorsey claims that the Indian government threatened to shut down Twitter in India. Dorsey Accuses the Indian Government The Indian government has vehemently denied allegations made by former Twitter CEO Jack Dorsey, who claimed that authorities had threatened to shut down Twitter in India and raid the homes of its staff […]
The G-7 countries are working on introducing CBDCs and toughening global crypto regulations. Accelerated Discussions The Group of Seven (G-7) countries are prioritizing how they can better help developing nations introduce their central bank digital currencies (CBDCs), while addressing challenges such as transparency and governance. Masato Kanda, Japan’s Vice Minister of Finance for International Affairs […]
Several politicians have recently stood up against US CBDC stating that it would lead to “financial slavery”. Presidential Nominee Against The CBDC Robert F. Kennedy Jr. has filed papers to run as a Democratic presidential nominee in 2024 according to various reports. He is expected to officially announce his candidacy on April 19 in Boston, […]
The U.S authorities are attacking the crypto industry from left and right. Now New York is suing KuCoin. Unregistered Crypto Exchange The New York Attorney General, Letitia James, is taking legal action against KuCoin. The company operates a virtual currency trading platform. The crypto exchange can be accessed by users from all over the world, […]
U.S. watchdog issued a warning to investors not to fall for the proof of reserve (PoR) audits. SEC Watchdog On A Leash The Public Company Accounting Oversight Board (PCAOB) is responsible for overseeing the audits of all public companies operating in the U.S. It must be noted that the office is backed by the U.S. […]
Ripple, The Movie: The Battle Of The Crypto David And The SEC Goliath The legal battle is dragging on between Ripple and SEC as the entire world watches. The outcome of this absurd fight will determine the entire future of the crypto industry as it will become a precedent in court. The lawsuit has been […]
Miners Have A Lot To Worry About – In Other States Miners have had a rough few years starting with the complete ban in China and having to migrate their entire operations to other countries. A lot of them found their new greener pastures in Texas and some of them even made it to Montana. […]
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