If granted, the trust bank charter from the Office of the Comptroller of the Currency would allow Paxos to conduct a wide range of financial activities across the United States under a…
Category: News
European Union Clears Prosus Acquisition of Just Eat Takeaway Stake with Conditions
European Union antitrust regulators have granted conditional approval to Dutch technology investment firm Prosus for its proposed acquisition of a significant stake in Just Eat Takeaway dot com, one of the continent’s…
Micron Increases Forecasts as Artificial Intelligence Drives Soaring Demand for Memory Chips
Micron Technology, one of the leading global suppliers of memory and storage solutions, has raised its financial forecasts for the current quarter, signaling a strong rebound in the semiconductor industry. The company…
Firefly Aerospace Shares Lose Altitude After Soaring Nasdaq Debut
Just one day after its widely celebrated debut on the Nasdaq Stock Market, shares of Firefly Aerospace experienced a notable pullback, declining nearly 12 percent by the close of trading on Thursday….
Apple Taps Samsung’s Texas Plant for Future Chip Supply
The announcement underscores Apple’s ongoing effort to reduce reliance on overseas manufacturing and increase resilience amid rising geopolitical and trade uncertainties. The chips to be supplied are expected to support next generation…
U.S. Steps Up Pressure on EU Over Tech Rules as Rubio Directs Diplomatic Push
Washington, D.C. — U.S. Senator Marco Rubio has instructed American diplomats to initiate an aggressive diplomatic campaign aimed at countering the European Union’s sweeping digital regulations, according to sources familiar with the…
Australia’s Regulator Accuses YouTube and Platforms of Ignoring Child Abuse Content
The ACMA emphasized that despite the existence of laws and industry codes designed to prevent the circulation of child exploitation material, these platforms have not done enough to stop such content from…
Nvidia Dismisses Backdoor Allegations and Opposes U.S. Chip Tracking Proposal
Nvidia, the world’s leading designer of artificial intelligence chips, has publicly reaffirmed that its products contain no backdoors, strongly denying recent concerns about potential vulnerabilities in its hardware. In a detailed response…
OpenAI Considers Employee Share Sale That Could Value Company at Five Hundred Billion Dollars, Source Says
The proposed deal, still in early discussions and subject to change, would allow current and former employees to sell a portion of their shares to outside investors in what is known as…
Match Group Beats Revenue Forecasts, Leans Into AI to Court Gen Z Users
Match Group Inc. (NASDAQ: MTCH), the parent company behind dating platforms like Tinder, Hinge, and OkCupid, topped Wall Street’s revenue expectations in its latest quarterly report, as the company intensifies its focus…