
Kraken Halts Transactions as It Delist USDT, DAI, WBTC, WETH, WAXL Stablecoins in Canada
Oct 28, 2023 05:15 am UTC| Business Digital Currency Investing
Kraken, a US-based cryptocurrency exchange, is reportedly delisting US Dollar Tether (USDT), DAI, Wrapped Bitcoin (WBTC), Wrapped Ether (WETH), and Wrapped Axelar (WAXL) stablecoins. With this move, the company is stating...

Elon Musk's X Corp. Unveils Two New Premium Subscription Plans to Boost Revenue
Oct 28, 2023 04:57 am UTC| Business Technology
Elon Musks social media platform, X, also formerly known as Twitter, expanded its subscription plans by introducing two new premium tiers. The company reportedly added these in a bid to bolster its subscription...

Shein, PDD Holdings' Temu End US Legal Skirmish Amid Market Share Struggles
Oct 28, 2023 04:54 am UTC| Business Law
Fierce rivals Shein and PDD Holdings-owned Temu have agreed to end their legal battles in the U.S., according to documents filed in court. This surprising development comes amid an intensifying global market share...

Amazon's Cloud Business Soars 7%, Setting Stage for AI Showdown With Microsoft
Oct 28, 2023 04:46 am UTC| Business Technology
Amazon.com saw a 7% rise in its stock on Friday, driven by accelerated growth in its highly profitable cloud business. The e-commerce giant intends to secure a larger share of the thriving artificial intelligence market,...

Forever21, SHEIN Ink Strategic Partnership to Launch Co-Branded Fashion Line
Oct 28, 2023 03:47 am UTC| Business
Forever21s parent company, Authentic Brands Group, has partnered with the Singapore-headquartered SHEIN fashion company. This agreement is a strategic one for the American fast fashion retailer. As per CNBC, the deal...

Apple Watch Faces Import Ban After ITC Ruling on Masimo Patent Violation
Oct 28, 2023 03:42 am UTC| Business Technology
The U.S. International Trade Commission (ITC) has issued an order that could potentially bar Apple from importing its Apple Watches. The decision comes after the ITC found that the devices violate the patent rights of...

Cruise Suspends Nationwide Driverless Car Operations Amid Safety Concerns by Regulators
Oct 28, 2023 03:17 am UTC| Business
General Motors driverless car unit, Cruise, announced late Thursday that it will temporarily halt all operations nationwide. This decision comes after California regulators ordered Cruise to take its driverless cars off...