Republic First Bank Shut Down by Regulators, Crypto Prices Tumble
Apr 27, 2024 12:07 pm UTC| Technology Digital Currency
In a significant regulatory move, the Pennsylvania Department of Banking and Securities has closed Republic First Bank, marking the first major U.S. bank collapse of 2024. The closure has sparked heated reactions within...
Shiba Inu Tops Robinhood, 300M Dogecoin Moves As Market Eyes Breakout
Apr 27, 2024 11:57 am UTC| Technology Digital Currency
Shiba Inu leads this weeks Robinhood cryptocurrency rankings as it surges 11%, while a massive 300 million Dogecoin transfer to Robinhood signals a potential market breakout, stirring interest among traders and...
Tesla Sets Late 2025 Launch for Semi, Expands Megapack Production
Apr 27, 2024 11:33 am UTC| Technology Digital Currency
Tesla Inc. has confirmed the launch of its Semi truck for late 2025, with broader customer deliveries expected in 2026. This announcement coincides with the expansion of Teslas Megapack production at its Lathrop...
DJI Faces Possible US Ban by Congress, Echoing Concerns Over TikTok and China
Apr 27, 2024 08:05 am UTC| Technology Business Law
Congress is poised to include DJI in the FCCs list of banned technologies under the Secure and Trusted Communications Networks Act, highlighting similar US security concerns as those with TikTok. Congressional Action to...
Apr 27, 2024 07:05 am UTC| Technology Law
Sam Altman of OpenAI and executives from Microsoft, Google, and Nvidia have joined a new government AI safety board. This initiative, part of a broader effort to regulate AIs deployment in critical sectors, coincides with...
Social media companies can’t be immune from the need for a social licence
Apr 27, 2024 06:45 am UTC| Insights & Views Technology
In the free-for-all between the Australian government and Big Tech boss Elon Musk this week, the government had to be on a winner. Most people would have little sympathy with Musks vociferous opposition to being told to...
Mainland China Investors Blocked from Accessing New Hong Kong Bitcoin ETFs
Apr 26, 2024 19:14 pm UTC| Technology Digital Currency Business
Despite launching new Bitcoin and Ether ETFs in Hong Kong, mainland Chinese investors remain sidelined due to longstanding cryptocurrency bans in their home country. Spot Bitcoin and Ether ETFs Launch in Hong Kong, But...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight