<b>Coinbase CEO: JPMorgan Chase UK shouldn't 'deplatform' crypto industry</b>
Coinbase CEO: JPMorgan Chase UK shouldn't 'deplatform' crypto industry
CEO Brian Armstrong is unhappy with decision to block crypto-related transactions at its U.K. digital banking subsidiary, Chase UK. Chase UK earlier this week put out a notice to customers saying it will no longer allow its customers to pur...
2023-09-29 21:48:27
Apple expresses concern over China's foreign app restrictions: Report
Apple expresses concern over China's foreign app restrictions: Report
expressed concern to Chinese officials in recent months over new rules that would ban unregistered foreign apps from its App Store, according to a report from the . The new rules would prevent Apple from offering many of the apps that are c...
2023-09-29 21:48:22
Alibaba plans to IPO its logistics unit Cainiao
Alibaba plans to IPO its logistics unit Cainiao
plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the Chinese e-commerce giant said in a regulatory filing on Tuesday. Alibaba will continue to hold more than 50% of the shares of Cainiao after the spinoff. The move...
2023-09-27 15:18:29
AI chip firm Kneron raises $49 million as it looks to rival Nvidia
AI chip firm Kneron raises $49 million as it looks to rival Nvidia
But Foxconn's foray into semiconductors so far has been rocky. Last year, it agreed with Indian metals-to-oil conglomerate Vedanta to set up a semiconductor and display production plant in India as part of a $19.5 billion joint venture. But...
2023-09-27 15:18:23
Apple exec Eddy Cue testify Google trial about $19 billion search deal
Apple exec Eddy Cue testify Google trial about $19 billion search deal
senior vice president of services Eddy Cue is expected to testify all day Tuesday in federal court where the U.S. Department of Justice is accusing of using licensing agreements to monopolize online search. Under scrutiny is a deal in which...
2023-09-27 15:18:17
Meta's Twitter-like Threads tries to grow amid rivalry with Elon Musk's X
Meta's Twitter-like Threads tries to grow amid rivalry with Elon Musk's X
Threads real-time messaging app is struggling to attract new users like it did during its blockbuster July debut. The Twitter clone now ranks near the bottom of the most popular social media platforms, ahead of only Tumblr, as measured by t...
2023-09-27 15:18:11
<b>Where are bitcoin miners in 2023: Texas</b>
Where are bitcoin miners in 2023: Texas
Crypto winters don't scare Kevin Zhang, who has been in the business of mining for ten years. He's lived through a few bear markets in the last decade, but no matter where he has set up shop — the U.S., Sweden, the Republic of Georgia, an...
2023-09-27 15:18:06
JPMorgan's UK digital bank blocks customers from buying crypto
JPMorgan's UK digital bank blocks customers from buying crypto
Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The company said in a statement Tuesday that, starting Oct. 16, Chase UK customers would "no longer be able to make cr...
2023-09-27 15:17:59
<b>SoftBank-backed Improbable slashes losses by 85% after metaverse pivot</b>
SoftBank-backed Improbable slashes losses by 85% after metaverse pivot
Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company pivot its focus to . The British company said in a press release that its revenues more than doubled last year to £78 mill...
2023-09-27 15:17:54
<b>Apple's Eddy Cue defends default search contract with Google in trial</b>
Apple's Eddy Cue defends default search contract with Google in trial
Eddy Cue, Apple's senior vice president of services, testified on Tuesday that the company chose to make the default search engine on iPhones because it made the most sense for consumers and "there wasn’t a valid alternative." Cue, lead n...
2023-09-27 15:17:49
<b>FTC and 17 states sue Amazon on antitrust charges</b>
FTC and 17 states sue Amazon on antitrust charges
"The upshot here is that Amazon is a monopolist and it's exploiting its monopolies in ways that leave shoppers and sellers paying more for worse service," Khan said at the briefing. "In a competitive world, a monopoly hiking prices and degr...
2023-09-27 15:17:43
<b>Dawn Capital defies venture capital downturn with $700 million fund</b>
Dawn Capital defies venture capital downturn with $700 million fund
Dawn Capital, one of Europe's biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling down on its bid to find technology champions in the region at a time when venture capital funding fo...
2023-09-26 16:06:51
Spotify will use AI to replicate and translate podcasters' voices
Spotify will use AI to replicate and translate podcasters' voices
on Monday a new artificial intelligence-powered feature that can translate podcasts into different languages using the host's own voice. The company said the feature relies on OpenAI's voice generation , which was also . The technology can...
2023-09-26 16:06:46
Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
E-commerce giant on Monday said it will invest up to $4 billion in artificial intelligence firm Anthropic and take a minority ownership position in the company. The move underscores Amazon's aggressive AI push as it looks to keep pace with...
2023-09-26 16:06:41
ChatGPT can now 'speak,' listen and process images, OpenAI says
ChatGPT can now 'speak,' listen and process images, OpenAI says
OpenAI's ChatGPT can now "see, hear and speak," or, at least, understand spoken words, respond with a synthetic voice and process images, the company Monday. The update to the chatbot — OpenAI's biggest since the — allows users to opt i...
2023-09-26 16:06:35