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Category Archives: Tech
Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion
Coinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest deal in the crypto industry to date.
Whoop launches two new wearables with 14-day battery life
Whoop on Thursday announced two new wearable devices, called Whoop 5.0 and Whoop MG, with prices starting at $199.
Shopify stock slips on light guidance, company notes tariff ‘uncertainty’
Shopify said it expects its merchants to have less exposure to President Donald Trump’s sweeping tariffs, while acknowledging there’s “uncertainty ahead.”
OpenAI launches a data residency program in Asia
OpenAI is introducing a new data residency program in Asia, the company announced Thursday, following the rollout of its data residency program in Europe in February. The new program, which is available for OpenAI’s ChatGPT Enterprise, ChatGPT Edu, and the … Continue reading
Bill Gates tells his foundation to spend it all by 2045
The Gates Foundation is expected to spend $200 billion over the next 20 years to support causes related to health and human development.
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Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target ‘may be too low’
“I apologise that my USD120k Q2 target may be too low,” Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.
Steph Curry, Tom Brady and other celebrities excluded from most FTX investor claims, judge rules
A Florida judge ruled that the investors failed to prove the celebrities knew about FTX and CEO Sam Bankman-Fried’s misconduct when endorsing the platform.
Match to lay off 13% of staff
Dating app giant Match Group is laying off 13% of its staff as part of a reorganization that aims to reduce costs and simplify its organizational structure.
Pay day banking outages hit 1.2m people, banks reveal
In a letters to MPs, four major banks have set out the extent of the disruption caused in February’s outage.
Amazon’s newest AI tool is designed to enhance product listings
Amazon said Thursday it is releasing a new generative AI-powered tool to help merchants improve their listings with missing details or attributes. Sellers often have hundreds of products listed on Amazon, and they need to update information related to them … Continue reading
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