MicroStrategy Inc., recognized as the largest publicly traded corporate holder of Bitcoin, fell victim to a phishing attack that targeted its X account, resulting in unsuspecting users losing $440,000. According to Bloomberg, the incident, now under scrutiny by crypto security analysts, unfolded with alarming consequences as some users unwittingly...
Read moreIn a groundbreaking milestone for private space exploration, a Houston-based startup has achieved a historic feat as their lander touched down on the moon. This remarkable accomplishment marks the first time a private spacecraft from the United States has landed intact on the lunar surface. The event, which took...
Read moreThe gaming industry is booming, and Roblox game developers are reaping the benefits like never before. In a recent announcement, Roblox revealed that it paid out a record-breaking $740.8 million to game creators in 2023, marking a significant increase of approximately 19% from the previous year's payout of $623.9...
Read moreMeta Platforms Inc. is ramping up its efforts to combat misinformation ahead of the critical election year, announcing plans to label more posts created using artificial intelligence tools on its platforms Facebook, Instagram, and Threads. The move comes as part of Meta's broader initiative to prevent the spread of...
Read moreTikTok is committing to allocate $2 billion (S$2.7 billion) in 2024 to enhance the safety of children and other users on its platform, surpassing 170 million monthly active users in the United States. CEO Chew Shou Zi is slated to unveil this initiative during a testimony before the Senate...
Read moreIn a strategic move to enhance its presence in China, Samsung Electronics has announced a key partnership with Baidu, featuring the integration of Baidu's Ernie Bot in its upcoming Galaxy S24 smartphone series. Samsung aims to position the Galaxy S24 as a trailblazer in AI smartphones, leveraging Baidu's artificial...
Read moreChina experienced a substantial surge in the imports of chipmaking machinery in the past year, driven by increased investments by companies aiming to circumvent restrictions imposed by the United States, aimed at impeding the nation's semiconductor industry. According to Bloomberg calculations based on official customs data, imports of machinery...
Read moreMicrosoft Corp. has announced that it is expanding its Office AI Copilot to consumers and smaller companies in an effort to increase its customer base for these new services. The company will now offer a consumer version of Copilot for $20 a month, providing access to OpenAI's latest ChatGPT...
Read moreIn a surprising turn of events, the highly anticipated decision by the US Securities and Exchange Commission (SEC) on whether to approve a spot-Bitcoin exchange-traded fund (ETF) quickly transformed into a major cybersecurity incident. The SEC X Account, a social media account belonging to Wall Street’s main regulator, was...
Read moreData Infrastructure Trust (DIT), sponsored by Brookfield Asset Management, has entered into a definitive agreement with American Tower Corporation (ATC) based in the United States to acquire the complete equity interests in ATC India. On January 4, Moneycontrol initially reported that the prominent Canadian investor, Brookfield, had outpaced its...
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