Shares of Robinhood fell about 8% in pre-market trading on Wednesday after the company reported weaker-than-expected third-quarter profit. A sharp drop in cryptocurrency revenue offset strong growth in options trading and prediction markets. The brokerage posted earnings of 51 cents
Business
AI
Meta has introduced Muse Wonder and Muse Wonder Full, its latest artificial intelligence models for coding and agent-based tasks. The systems can handle multi-step work across personal and professional settings. Meta says they can help users review leases, manage insurance-related
Apple Inc. (AAPL) experienced a notable surge in its stock value on Tuesday, climbing 7% to achieve a record high for the year 2024. This rise came in the wake of the company’s revelation about its latest venture into artificial
In a monumental move blending technology and media, OpenAI and News Corp. have announced a multi-year collaboration, marking a significant milestone in the convergence of journalism and artificial intelligence. Under this historic agreement, OpenAI, the brainchild of tech luminary Sam
As artificial intelligence (AI), cryptocurrency, and remote work gain momentum, the accompanying surge in data center operations is raising concerns among experts about its impact on global energy consumption and climate change mitigation efforts. According to experts interviewed by ABC
Meta Platforms, the parent company of Facebook, surged in trading today following the debut of its latest artificial intelligence model, as CEO Mark Zuckerberg sets his sights on dominating the AI landscape. The tech behemoth, valued at over a trillion
In a move set to galvanize the landscape of artificial intelligence (AI) development, Microsoft has announced a hefty $1.5 billion investment in G42, the foremost AI technology holding company headquartered in the UAE.
Bitcoin & Altcoins
FinTech
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape. This strategic investment underscores Potencia
Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free Transfer and Target Savings, in Nigeria. The company aims to enhance financial accessibility by eliminating transfer fees and offering customizable savings solutions. PalmPay, known for its presence in
Nexi, a leading force in European PayTech, has forged a strategic alliance with Mastercard to propel open banking account-based payments throughout Europe, marking a significant stride in the continent’s payment ecosystem. This collaboration seeks to revolutionize e-commerce transactions across Europe
Shares of Robinhood fell about 8% in pre-market trading on Wednesday after the company reported weaker-than-expected third-quarter profit. A sharp drop in cryptocurrency revenue offset strong growth in options trading and prediction markets. The brokerage posted earnings of 51 cents
Policy
Blockchain & DeFi
Ethereum & NFTs
Hong Kong has stepped into the spotlight as the first Asian market to introduce retail investors to the trading of cryptocurrencies at spot prices, with the launch of six spot bitcoin and ether exchange traded funds (ETFs) on Tuesday. The
Binance NFT, a leading platform for digital collectibles, has announced its decision to discontinue support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its marketplace. The announcement, made on April 4, 2024, calls for users to withdraw their Ordinal inscriptions
Ethereum investors are grappling with the prospect of a significant downturn as the cryptocurrency struggles to maintain its grip above the $3,000 mark. Recent market movements suggest a potential shift towards bearish territory, with analysts warning of further declines if
Optimism, a groundbreaking Ethereum-compatible layer-2 project, is on a mission to tackle Ethereum’s scalability challenges while operating in tandem with the Ethereum blockchain. Led by The Optimism Collective, a coalition of dedicated communities envisioning a fairer internet, the project encompasses
