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Digital Currency Revolution

Genesis Sues Gemini for $689M, Citing Preferential Transfers in Crypto Market

Nov 22, 2023 10:57 am UTC| Business Digital Currency Law

Genesis, a leading financial institution, has filed a lawsuit against Gemini, one of the prominent cryptocurrency exchanges. The lawsuit aims to retrieve preferential transfers worth a staggering $689...

Pocket FM Nears Significant Milestone in Funding Amid Revenue Surge

Nov 22, 2023 10:44 am UTC| Technology Business

Pocket FM, a trailblazing audio series app, is reportedly on the verge of a major financial breakthrough, according to three sources. The app is close to securing over $80 million in a new funding round, demonstrating its...

Walmart Launches Parcel Stations to Step Up Delivery Time and Increase Holiday Sales

Nov 22, 2023 10:38 am UTC| Business

Walmart Inc. unveiled its parcel stations that can be found inside its stores. The company said it set this up to make deliveries faster in this holiday season. According to Reuters, Walmart also said that the new...

OpenAI Announces Leadership Shake-Up, Bret Taylor to Chair New Board

Nov 22, 2023 10:31 am UTC| Technology Business

In a dramatic turn of events, OpenAI, a leading AI research company, has announced a major reshuffle in its leadership. Following the unexpected removal of Sam Altman as CEO last Friday, the company has reached an...

Wyndham Board Deliberates on Choice Hotels' Revised Proposal, Says It’s a ‘Step Backwards’

Nov 22, 2023 10:18 am UTC| Business

The Wyndham board has evaluated Choice Hotels latest offer amid intense negotiations concluding it to be a step backwards. This development comes as the two hospitality giants compete for market dominance. Details of...

Merck Acquires Caraway Therapeutics for $610M

Nov 22, 2023 10:15 am UTC| Business

Merck Co. Inc. is buying Caraway Therapeutics for a potential sum of up to $610 million. The New Jersey-based company confirmed this deal on Tuesday, Nov. 21. Reuters reported that Merck will acquire the said biotech...

PepsiCo’s Walkers Discontinues Wotsits Flavor After Brief Return, Fans Flared Up

Nov 22, 2023 10:11 am UTC| Business

PepsiCos Walkers Snack Foods Limited dropped one of the Wotsits flavors that many customers have come to love. The company is discontinuing the sizzling steak variant that just made its comeback recently in the United...

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Economy

Japan Bond Issuance Set to Surge 28% by 2029 Amid Rising Debt Costs

Japan is projected to face a sharp increase in government bond issuance over the next three years as rising debt-financing costs strain public finances, according to a finance ministry estimate reviewed by Reuters. The...

Asian Currencies Slip as Dollar Strengthens Ahead of Key U.S. Economic Data

Most Asian currencies weakened on Tuesday as Lunar New Year holidays across major regional markets led to thin trading volumes, while the U.S. dollar edged higher ahead of crucial economic data releases. With China, Hong...

Oil Prices Steady as Iran Strait of Hormuz Drills Heighten Supply Concerns Ahead of U.S. Nuclear Talks

Oil prices remained steady on Tuesday as investors monitored rising geopolitical tensions following Irans naval drills near the Strait of Hormuz, a critical global oil transit route. The military exercises took place just...

Dollar Holds Firm as Fed Rate Cut Expectations and Global Data Drive Currency Markets

The U.S. dollar held onto recent gains Tuesday as investors looked ahead to key signals from the Federal Reserve that could clarify the timing of anticipated interest rate cuts. Currency markets remained relatively quiet...

U.S. Stock Futures Steady as Investors Await Fed Minutes and Key Economic Data

U.S. stock index futures traded little changed on Monday evening as investors prepared for a week packed with major economic data releases and Federal Reserve commentary that could shape the outlook for interest rates....

Politics

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

U.S. President Donald Trump said he will be indirectly involved in high-stakes nuclear talks between the United States and Iran scheduled for Tuesday in Geneva, expressing cautious optimism that Tehran is ready to...

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

Ukraine-Russia Peace Talks in Geneva Focus on Land Disputes and Donetsk Control

Representatives from Ukraine and Russia are set to meet in Geneva on Tuesday and Wednesday for a new round of U.S.-mediated peace talks aimed at ending Europes largest conflict since World War II. The Kremlin has indicated...

Israel Approves West Bank Land Registration Plan, Palestinians Warn of ‘De-Facto Annexation’

Israels cabinet has approved new measures aimed at strengthening its control over the occupied West Bank, including a landmark decision to begin formal land registration in the territory for the first time since 1967. The...

Australia Refuses Repatriation of Citizens Held in Syrian ISIS Camp

Australian Prime Minister Anthony Albanese has confirmed that the government will not repatriate Australians currently detained in a Syrian camp housing families of suspected Islamic State (ISIS) militants. Speaking to ABC...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Self-driving cars are poorly prepared for high-risk road situations – here’s how AI can improve them

Self-driving cars have made impressive progress. They can follow lanes, keep their distance, and navigate familiar routes with ease. However, despite years of development, they still struggle with one critical problem: the...

India AI Impact Summit 2026: Global Tech CEOs Join World Leaders in New Delhi

Top executives from leading global AI companies are gathering in New Delhi this week alongside world leaders for the India AI Impact Summit 2026, as India accelerates efforts to attract artificial intelligence investment...

Ireland’s Data Protection Commission Launches GDPR Investigation Into X’s AI Chatbot Grok

Irelands Data Protection Commission (DPC) has opened a formal investigation into Xs AI chatbot, Grok, over concerns about personal data processing and the generation of harmful sexualised images, including manipulated...

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...