Reuters

New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly “defrauding” investors of more than $1 billion (roughly Rs. 8,317 crore).  The development underscores the challenges the crypto industry continues to face almost a year after the bankruptcy of Sam Bankman-Fried’s … ادامه

Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge $1 (roughly Rs. 83) annual fee for basic features. The new subscription termed as “Not A Bot” will charge users for likes, reposts or quoting other accounts’ posts, and bookmarking posts on … ادامه

Xbox maker Microsoft closed its $69 billion (nearly Rs. 5,75,620 crore) deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including Call of Duty to better compete with industry leader Sony. Originally unveiled in January 2022, the biggest deal in the gaming industry cleared its final big hurdle — an approval from Britain — earlier in … ادامه

NASA on Wednesday gave the public a first glimpse of what scientists found inside a sealed capsule that was returned to Earth last month carrying a carbon-rich soil sample scooped from an asteroid’s surface, including water-bearing clay minerals. A small quantity of the material collected by the OSIRIS-REx spacecraft three years ago from the near-Earth … ادامه

The US Space Force has paused the use of web-based generative artificial intelligence tools like ChatGPT for its workforce over data security concerns, according to a memo seen by Reuters. A memo dated September 29 and addressed to Guardians, the name Space Force calls its workforce, prohibits personnel from using such AI tools including large-language … ادامه

Run off their virtual feet at the start of India’s festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers’ spirit in Asia’s third largest economy, are being rapidly dispelled. RedSeer, a Bangalore-based consultancy, … ادامه

Private equity firm Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday. Blackstone is the latest suitor for Disney’s assets in the hyper competitive Indian market, where it has been exploring a sale or … ادامه