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UAE sees surge in crypto app downloads in 2024
Feb 21,2025
The United Arab Emirates saw a sharp rise in cryptocurrency app downloads in 2024, with a total of 15 million installations recorded. According to data from AppsFlyer, this marked a 41% increase compared to the previous year, with the biggest surge o...
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China's tech giants take on US rivals in stock market surge
Feb 21,2025
Chinese tech stocks are experiencing a major surge, inspiring catchy nicknames as they rival the United States 'Magnificent Seven' tech giants. Driven by excitement around AI startup DeepSeek and perceived state backing following President Xi Jinping...
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Dutch companies to launch first regulated digital euro
Feb 20,2025
Three Dutch firms have joined forces to launch EURQ, a blockchain-based digital euro designed to merge decentralised technology with traditional financial systems. The collaboration, involving Quantoz Payments, NPEX, and Dusk, marks the first time a ...
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Howard Lutnick confirmed as US commerce secretary in pro-crypto move
Feb 20,2025
Howard Lutnick has been confirmed as the 41st US Secretary of Commerce, marking a significant shift in trade and economic policy. The Senate approved his appointment with a 51-45 vote, placing the pro-crypto former chief executive of Cantor Fitzgeral...
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Humane ends AI pin sales, HP buys company's assets
Feb 20,2025
Humane has officially ceased sales of its AI Pin and is selling most of its assets to HP for$116 million. The AI-powered wearable device, which launched in April 2024, received harsh criticism, with reviewers calling it impractical and poorly designe...
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Google to integrate Bitcoin into its ecosystem via Bitcoin wallet
Feb 20,2025
Google is working on a major initiative to simplify Bitcoin usage for billions of users, according to Kyle Song, a Web3 specialist at the company. Speaking at the Hong Kong Bitcoin Tech Carnival on 18 February, he revealed that Google has been explor...
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Brazil denies reports of tech tax in response to US tariffs
Feb 13,2025
Brazil's finance minister, Fernando Haddad, has dismissed claims that the country is considering taxing US tech companies in retaliation for new American tariffs on steel imports. The report, published by Folha de S.Paulo, suggested that President Lu...
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Toyota to launch blockchain-powered security token bonds
Feb 12,2025
Toyota Financial Services is set to issue its first blockchain-powered security token bonds next month, marking a significant step in the company's embrace of blockchain technology. The offering will be a 1 billion yen ($6.6 million) unsecured bond, ...
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Klarna CEO signals a move into crypto
Feb 12,2025
Swedish payments giant Klarna is considering integrating cryptocurrency into its services, marking a potential shift in its approach to digital assets. CEO Sebastian Siemiatkowski recently hinted at the company's interest, asking his followers for id...
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AI chip firm Groq lands $1.5 billion Saudi investment
Feb 12,2025
Groq, a US semiconductor startup, has secured a$1.5 billion commitment from Saudi Arabia to expand its AI chip delivery. The Silicon Valley firm, founded by a former Alphabet engineer, specialises in AI inference chips designed for speed and efficien...
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OECD and WTO joint report highlights economic impact of data regulation and advocates balanced approach
Feb 11,2025
The World Trade Organisation (WTO) Secretariat and the Organisation for Economic Co-operation and Development (OECD) have jointly released the report "Economic Implications of Data Regulation: Balancing Openness and Trust". The research highlights th...
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Judge says parts of Musk's lawsuit against OpenAI could go to trial
Feb 06,2025
A federal judge in California has indicated that some aspects of Elon Musk's lawsuit against OpenAI may proceed to trial. Musk will be required to testify, with a jury ultimately deciding the outcome. The lawsuit challenges OpenAI's transition from a...
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