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19 Sept 2024

Binance Denies Ownership of WazirX Amid Cyber Attack Controversy

Binance, the world's largest cryptocurrency exchange, has distanced itself from WazirX, an Indian crypto platform, following a recent cyber attack. The controversy has reignited discussions about the ownership and control of WazirX.

2 Sources

California's New Deepfake Law Faces Legal Challenges Amid Elon Musk's Reposting of Kamala Harris Parodies

California's recently enacted law targeting AI-generated deepfakes in elections is being put to the test, as Elon Musk's reposting of Kamala Harris parody videos sparks debate and potential legal challenges.

6 Sources

Cisco Announces Second Round of Layoffs in 2024, Cutting 5,600 Jobs Amid AI Focus

Cisco Systems, the networking giant, has announced its second round of layoffs in 2024, cutting 5,600 jobs. The company is shifting its focus towards artificial intelligence and software-defined networking solutions.

2 Sources

Sportradar Expands Micro-Markets Offering, Revolutionizing Sports Betting

Sportradar Group AG has announced a significant expansion of its Micro-Markets offering, introducing new markets for tennis and table tennis. This move aims to enhance the betting experience and drive innovation in the sports betting industry.

3 Sources

Hut 8 Mining Expands Partnership with BITMAIN, Launches Next-Gen Miner Amid Stock Fluctuations

Hut 8 Mining Corp. announces an expanded partnership with BITMAIN, introducing a new Bitcoin mining machine. Despite recent stock volatility, analysts maintain a positive outlook on the company.

5 Sources

One Development Unveils AED 2 Billion Project in Dubai's City of Arabia

One Development, a UAE-based real estate developer, is set to launch a massive AED 2 billion ($544 million) project in Dubai's City of Arabia. The development aims to redefine luxury living and contribute to the UAE's thriving real estate sector.

3 Sources

Firstsource Solutions Expands Operations to Australia and New Zealand

Firstsource Solutions, a global provider of business process management services, announces its expansion into Australia and New Zealand markets, aiming to enhance customer experience and digital transformation services in the region.

2 Sources

XPeng to Showcase AI-Driven Mobility Future at Paris Motor Show 2024

XPeng, a leading Chinese smart electric vehicle manufacturer, is set to make a significant impact at the Paris Motor Show 2024. The company will unveil its latest AI-powered vehicles and technologies, highlighting its expansion into the European market.

3 Sources

Alibaba Expands AI Offerings with Open-Source Models and Text-to-Video Generation

Alibaba Group has announced a significant expansion of its artificial intelligence capabilities, including the release of over 100 new AI models and a text-to-video generation tool. This move positions Alibaba as a major player in the global AI race.

8 Sources

Asus Unveils AI-Powered Laptops in India: ExpertBook P5405 and Zenbook S 14 OLED

Asus introduces two new AI-powered laptops in India: the ExpertBook P5405 for business professionals and the Zenbook S 14 OLED for consumers. Both feature Intel Core Ultra processors and advanced AI capabilities.

5 Sources

Huize Holding Limited Partners with New China Life Insurance to Launch Innovative Annuity Product

Huize Holding Limited, a leading digital insurance product and service platform, has collaborated with New China Life Insurance to introduce "Bliss No. 2," a customized lifetime annuity insurance product designed to address retirement planning needs in China.

3 Sources

Princeton Digital Group Announces $1 Billion Investment to Expand Data Centre Capacity in India

Singapore-based Princeton Digital Group (PDG) unveils a $1 billion investment plan to significantly expand its data centre capacity in Mumbai and Chennai, India. The expansion will increase PDG's total capacity in these cities to 230 MW, supporting India's growing digital economy.

3 Sources

Taiwan Central Bank Maintains Interest Rates, Revises Economic Outlook

Taiwan's central bank keeps key interest rates steady while raising its GDP growth forecast for 2024. The decision comes amid global economic uncertainties and domestic challenges.

3 Sources

Q2 2024 Fund Performance: A Mixed Bag for Small-Cap and Growth Strategies

Various investment funds report their Q2 2024 performance, showcasing diverse outcomes across small-cap, growth, and value strategies. The market landscape presents both challenges and opportunities for fund managers.

14 Sources

Honor 200 Lite 5G Smartphone Launches in India with Impressive Features

Honor has unveiled its latest mid-range smartphone, the Honor 200 Lite 5G, in India. The device boasts a 6.7-inch AMOLED display, powerful cameras, and 5G connectivity, aiming to capture the competitive mid-range market.

5 Sources

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