Business News
With $100M raised, Akeana unveils new RISC-V chip designs
Venture Beat - 13 Aug 2024 15:00
Akeana, which has raised over $100 million in funding in the past three years to design RISC-V processors, is unveiling products.
SEC Charges Novatech in $650 Million Crypto Fraud Scheme
Bitcoin.com - 13 Aug 2024 01:17
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset ...
A Michigan bank's next big move may push it closer to Detroit
American Banker - 13 Aug 2024 19:00
Though it hasn't set a timeline, Oxford Bank, based north of the Motor City, is weighing a southward expansion that would add all the Detroit metropolitan area to its footprint.
Starbucks names Chipotle chief Brian Niccol as new CEO in surprise shakeup
The Guardian - 13 Aug 2024 15:48
Niccol replaces Laxman Narasimhan as company tries to fend off pressures from activist investor Starbucks named the Chipotle Mexican Grill head, Brian Niccol, as its new CEO on Tuesday in a surprise management shakeup as...
Mt. Gox's suspected Bitgo $2.1B BTC wallet activates
Coin Telegraph - 13 Aug 2024 14:50
A test transaction from a dormant Mt. Gox wallet triggers speculation of Bitgo's role in the ongoing Bitcoin distribution to creditors.
Oil prices edge lower after Monday surge as investors weigh demand outlook
Market Watch - 13 Aug 2024 14:43US Court of Appeals reboots HEX manipulation case against Binance.US
Coin Telegraph - 13 Aug 2024 08:29
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token.
Bitcoin risks 'sharp weekend price swings' as ETFs suck up liquidity
Coin Telegraph - 13 Aug 2024 07:38
Bitcoin trading volume and liquidity are concentrated on weekdays due in part to ETFs and could cause more wild price swings on the weekend.
Latam Insights Encore: El Salvador Forges a Path to Overcome IMF's Bitcoin-Phobia
Bitcoin.com - 13 Aug 2024 07:30
Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other ...
Artists celebrate as copyright infringement case against AI image generators moves forward
Venture Beat - 13 Aug 2024 03:45
The case can move forward toward a discovery phase -- which allows the lawyers for the artists to peer inside AI image generator companies.
New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra
Bitcoin.com - 13 Aug 2024 02:16
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into ...
A millionaire landlord has 3 tips for anyone thinking of buying rental real estate right now
Business Insider - 13 Aug 2024 00:17Starbucks' interim boss sells $341K in stock after surprise CEO shuffle
New York Post - 13 Aug 2024 23:56
"It's probably fair to assume that other Starbucks executives didn't benefit from the stock pop the way she did."
The best boxers for men who like a relaxed, supportive fit
Business Insider - 13 Aug 2024 23:34Starbucks Ousts CEO, Names Chipotle Boss as Replacement
Wall Street Journal - 13 Aug 2024 23:26NIST urges immediate adoption of new, post-quantum encryption standard
American Banker - 13 Aug 2024 23:23
The National Institute of Standards and Technology finalized long-awaited standards for encryption algorithms that can withstand quantum computers.
The international fight over a US gymnast's bronze medal is getting messy
Business Insider - 13 Aug 2024 23:21X CEO Linda Yaccarino says GARM antitrust lawsuit aimed at fixing 'broken' ad ecosystem
New York Post - 13 Aug 2024 23:20
"We were victimized by a small group of people pushing their authority or ability to monopolize what gets monetized," Yaccarino said.
Bitcoin entrepreneur teams with SpaceX to command first manned spaceflight over Earth's poles
Market Watch - 13 Aug 2024 23:16The Story Behind Florida's Weird Billboard Targeting Trump
AdWeek - 13 Aug 2024 23:11
Charli XCX may be our "favorite reference," as she sings on her hit album "Brat," but "weird" is the Democrats' new favorite way to refer to Republican presidential candidate Donald Trump and his running mate, Ohio Sen. ...
White House, CFPB take on 'ineffective, time-wasting chatbots'
American Banker - 13 Aug 2024 23:08
A new government effort intends to tackle unfriendly consumer practices. The CFPB is tasked with addressing chatbot misuse and customer service "doom loops."