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TikTok lays off staff in trust and safety restructuring
Feb 21,2025
TikTok is reportedly laying off staff from its trust and safety unit, which is responsible for content moderation, as part of a restructuring effort. The layoffs began on Thursday, affecting teams in Asia, Europe, the Middle East, and Africa. Adam Pr...
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Microsoft unveils groundbreaking quantum computing chip
Feb 20,2025
Microsoft has announced a groundbreaking quantum computing chip, Majorana 1, which it claims could make useful quantum computers a reality within years. The company believes this innovation puts it ahead in the race to unlock quantum computing's vast...
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Two charged after pensioner loses over
Feb 20,2025
Two men have been charged in connection with a cryptocurrency fraud that saw a 75-year-old man from Aberdeenshire lose more than
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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$116 million. The AI-powered wearable device, which launched in April 2024, received harsh criticism, with reviewers calling it impractical and poorly designe...
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Two charged after pensioner loses over
Feb 20,2025
Two men have been charged in connection with a cryptocurrency fraud that saw a 75-year-old man from Aberdeenshire lose more than
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Argentina's President faces impeachment calls over cryptocurrency scandal
Feb 19,2025
President of Argentina, Javier Milei, is facing impeachment calls from opposition lawmakers after promoting a little-known cryptocurrency that crashed shortly after his endorsement. Late on Friday, Milei posted on X recommending the crypto coin$LIBRA...
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Argentine President rejects claims over LIBRA meme coin
Feb 18,2025
Argentine President Javier Milei has denied endorsing the LIBRA meme coin, which recently surged in value before collapsing, leaving investors with heavy losses. He stated that he merely shared information about the token and never encouraged people ...
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OpenAI weighs governance changes to block takeover
Feb 18,2025
OpenAI is considering granting special voting rights to its non-profit board as part of new governance measures aimed at protecting the power of its directors amid a potential takeover bid from Elon Musk. The company's CEO Sam Altman and board member...
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Russian brokerage to offer Bitcoin ETF investment product
Feb 17,2025
Russian brokerage Finam is set to launch structured notes linked to BlackRock's iShares Bitcoin Trust ETF (IBIT), providing qualified investors in Russia with exposure to Bitcoin ETFs. The new investment product, available from 17 February, will be o...
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GlobalWafers confirms US investments are on track
Feb 17,2025
Taiwan's GlobalWafers confirmed on Friday that its investments in the US are proceeding as planned, despite potential changes under the US CHIPS Act. The company has been awarded$406 million in government grants to expand its silicon wafer production...
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South Korea moves to lift corporate crypto trading ban
Feb 14,2025
South Korea is set to gradually lift its ban on corporate cryptocurrency trading, according to the latest announcement from the Financial Services Commission. The phased approach will begin with law enforcement agencies, non-profits, universities and...
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