Israeli fintech company Vesttoo is contemplating the removal ofboth its CEO and chief financial engineer, according to Reuters. This decision comes in the wake of a scandal involving fake collateral, which analysts predict could have far-reaching implications for the broader insurance market.A Scandal Unfolds Vesttoo, a firm that leverages artificial intelligence to bridge the gap
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Negative margin — NASAs Artemis II crew meets their Moonship NASA’s Orion spacecraft is taking a bit longer to prepare for its first crew flight. Stephen Clark – Aug 9, 2023 12:25 am UTC Enlarge / Artemis II commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen pose with their
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
LG M Series — New LG TVs relegate I/O to a box you can set 30 feet from the screen Wireless-ishbut TV and port box still need power cords. Scharon Harding – Aug 8, 2023 9:33 pm UTC reader comments 119 with You can’t tell from this picture, but both the TV and port box
all the noise, noise, noise — Author discovers AI-generated counterfeit books written in her name on Amazon Amazon resisted a removal request, citing lack of “trademark registration numbers.” Benj Edwards – Aug 8, 2023 9:09 pm UTC EnlargeGetty Images reader comments 107 with Upon searching Amazon and Goodreads, author Jane Friedman recently discovered a half-dozen
Global Cannabis Holdings (GCH), a tokenized cannabis ecosystem with equity positions in various cannabis companies and projects, unveiled its upcoming Security Token Offering (STO) meant to unlock cannabis investment opportunities for a broader group of investors.STOKR Hosts GCH's STO Global Cannabis Holdings (GCH) announces its highly-anticipated Security Token Offering (STO) scheduled for July 25th, 2023,
Google and Universal Music are in talks to license artists’ melodies and voices for songs generated by artificial intelligence as the music business tries to monetise one of its biggest threats. The discussions, confirmed by four people familiar with the matter, aim to strike a partnership for an industry that is grappling with the implications
a fab deal — Report: Apple buys every 3 nm chip that TSMC can make for next-gen iPhones and Macs TSMC is said to eat the cost of defective chips so it can keep Apple’s business. Andrew Cunningham – Aug 7, 2023 8:35 pm UTC Enlarge / Silicon wafers from a TSMC factory.Taiwan Semiconductor Manufacturing
Summer wave — New SARS-CoV-2 variant gains dominance in US amid mild summer COVID wave Absolute numbers are low, but several indicators show pandemic virus is on the rise. Beth Mole – Aug 7, 2023 10:21 pm UTC EnlargeGetty | Thomas Trutschel reader comments 77 with For a fourth consecutive summer, COVID-19 is on the
Founded in 2019, TradeStation partner Aries is debuting on StartEngine, the same crowdfunding platform trusted by famed businesspeople and investors like Kevin OLeary. Aries challenges traditional full-stack brokers, sporting the tools Main Street needs to compete with its better capitalized and informed peers on Wall Street. Available in 130 countries, Aries differentiates itself by offering
Not a remote possibility — Zoom has Zoom fatigue, requires workers to return to the office Zoom surprisingly decides its teams are more effective working in-office. Ashley Belanger – Aug 7, 2023 8:40 pm UTC EnlargeMorsa Images | DigitalVision reader comments 175 with A video-conferencing company might be the last business anyone would expect to
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
Long gone are the days back when Tesla Inc TSLA CEO Elon Musk wanted to rebrand the digital payment company as X.com two decades ago when he participated in its inception. Musk sees X as the letter that shows the power to change the world. Back then, he believed it can take over the worlds
China’s trade slumped in July, with exports and imports falling more sharply than economists forecast, adding to concerns about growth prospects in the world’s second-biggest economy more than six months after Beijing eased pandemic restrictions. Exports declined by 14.5 per cent year on year in dollar terms, official data showed on Tuesday, the steepest fall
Shiba Inu SHIB/USD , the self-proclaimed Dogecoin DOGE/USD Killer's burn rate has surged over 145%. What Happened: In the past 24 hours, Shiburn, the burning mechanism, reported that 92 million SHIB tokens have been transferred to inferno wallets, effectively removing them from circulation forever. This substantial burn activity includes a single transaction of 34,547,609 SHIB
Last week, the Wall Street Journal reported that a syndicate of investors was in the closing stages of a $125 million deal to purchase CoinDesk. Founded in 2013 and sold to DCG in 2016, CoinDesk has been an important voice in the crypto world as an online publication and for its Consensus events. Benzinga interviewed
No answers yet — Whats going on with the reports of a room-temperature superconductor? Rumors are flying of confirmation, but the situation is still frustratingly vague. John Timmer – Aug 4, 2023 2:07 pm UTC Enlarge / Pellet of LK-99 being repelled by a magnet.Hyun-Tak Kim (CC BY 4.0) reader comments 362 with In late
In the early hours on Monday, Sam Altman, CEO of OpenAI and the driving force behind AI models like ChatGPT, launched his latest venture Worldcoin (WLD). With OpenAI going from a non-profit private organization, to a for-profit private organization in 2019, some questions bear asking: What is Worldcoin? Is it safe? What is it for?
Frameworkers of the world, unite — Turning my Framework laptop into a tiny desktop was fun. Now it needs a job. “Reuse” doesn’t get as much attention as the other two Rs, but it’s important. Kevin Purdy – Aug 7, 2023 11:00 am UTC Enlarge / The Framework Slabtop, as I dub it. Not a
Despite the ongoing digitization of payments, this industry is still struggling to meet the growing demands of the public. Because of this, many financial market players are looking towards blockchain as a potential way to speed up the process. Blockchain is a groundbreaking technology that offers a multitude of use cases and benefits for businesses