Huawei has made headlines once again by officially releasing its newest operating system, HarmonyOS NEXT, on October 22, 2023. This innovative platform is noteworthy not only for its performance but also because it integrates China’s central bank digital currency (CBDC), the digital yuan, directly into the OS. With this integrated approach, Huawei aims to enhance […]
Kremlin Urges YouTube to Lift Ban on Russian State Media
As political tensions rise and legal pressures escalate within Russia, the Kremlin is making a substantial push to have Google reverse its YouTube ban on Russian state media. This action follows the blocking of over a thousand Russian channels and the removal of more than 5.5 million videos from the platform, including state-funded media, after […]
UAE Invests in Autonomous AI to Boost Energy Efficiency
In a landmark initiative, the United Arab Emirates (UAE) is set to revolutionize its energy sector through the integration of autonomous artificial intelligence (AI). This strategic move is largely driven by Abu Dhabi National Oil Company (ADNOC), which has partnered with G42, Microsoft, and AIQ to harness the power of highly autonomous agentic AI. CEO […]
Trump vs Harris: The Tech Industry’s Pivotal Role in 2024
As the 5 November US presidential election approaches, the spotlight is on the closely contested race between former President Donald Trump and current Vice President Kamala Harris. With polls indicating a tight competition, mobilizing voters becomes essential. In this uncertain political climate, support from prominent business leaders, particularly those in the tech industry, could significantly […]
Inside Department Stores’ Plans to Bring Beauty Customers Back
The once-dominant beauty counters of department stores are poised for a revival just in time for the 2024 holiday season. Retail giants like Macy’s and Nordstrom are currently overhauling their approaches, aiming to attract customers back into their stores and recapture the allure of physical beauty shopping. Historically, department store beauty sections were the hallmark […]
Crypto Becomes Focus in Close Race Between Trump and Harris
As the countdown to Election Day intensifies, the spotlight is firmly on cryptocurrency in the heated competition between former President Donald Trump and Vice President Kamala Harris. With key states like Georgia, Texas, and Arizona nearing the close of voting, the candidates’ positions on digital assets may become a pivotal factor influencing undecided voters and […]
Crypto firm Gotbit's founder faces fraud charges
Aleksei Andriunin, the founder of the cryptocurrency firm Gotbit, has found himself at the center of a major legal storm. The United States Department of Justice has officially indicted him for allegedly orchestrating a substantial conspiracy that aimed to manipulate cryptocurrency markets. This case highlights the growing scrutiny on the cryptocurrency sector, which has been […]
Big Tech's AI Investments Test Investor Patience
In recent months, leading technology companies such as Microsoft, Meta, and Amazon have significantly increased their investments in artificial intelligence (AI). However, this surge in spending is straining investor confidence, as the expected returns remain uncertain. With billions allocated to bolster AI infrastructure, these companies face mounting pressure to deliver measurable results. The stock performance […]
Blockchain Association Claims SEC’s Crypto Crackdown Costs $426 Million
In recent developments, the Blockchain Association, an advocacy group representing the interests of the cryptocurrency and blockchain industry, has asserted that the US Securities and Exchange Commission (SEC) has incurred significant costs on crypto firms, amounting to over $426 million in legal expenses since Gary Gensler took on the role of SEC Chair in 2021. […]
Nvidia's $700 Million Run:ai Acquisition Under EU Review
In a significant move that highlights the complex landscape of antitrust regulations, Nvidia is facing scrutiny from the European Union regarding its planned acquisition of the Israeli artificial intelligence (AI) startup Run:ai. This proposed deal, valued at approximately $700 million, has raised eyebrows within the EU, reflecting a broader regulatory environment that is increasingly cautious […]
