News

A Game-Changer for the Fintech and Crypto Industry In a landmark deal, Stripe, the payment processing behemoth, has acquired the stablecoin platform Bridge for a staggering $1.1 billion. This acquisition marks Stripe’s largest deal to date and stands as one …

Global payments giant Stripe is reportedly in advanced negotiations to acquire stablecoin platform Bridge for a staggering $1 billion. The potential acquisition would mark Stripe’s largest deal to date, signaling the company’s strong focus on the growing crypto market. According …

Canva reached a milestone of 1 billlion app users, and has announced a significant expansion of its developer platform. This expansion introduces new APIs and tools. and also positions Canva as a formidable player in the market.

Ripple launches Ripple Custody, a secure crypto storage service for banks and fintechs. Offering features like AML monitoring and asset tokenization, it competes with Coinbase and attracts major clients like HSBC.

OpenAI has successfully completed a funding round, achieving a remarkable valuation of $157 billion after raising $6.6 billion from prominent investment firms and tech companies. Thrive Capital led the round, with significant participation from Microsoft, Nvidia, and Softbank, highlighting OpenAI’s …

OpenAI on Tuesday announced a partnership with Condé Nast, in which the Microsoft-backed artificial intelligence company’s products, such as ChatGPT and SearchGPT, will be able to display content from Vogue, The New Yorker, Condé Nast Traveler, GQ, Architectural Digest, Vanity Fair, Wired, Bon …

Global technology giants are pushing back against attempts by India’s telecom networks to bring internet services under stricter regulation, rejecting arguments that such measures are necessary to create a “level playing field” and address national security concerns. The Asia Internet …

Meta and Universal Music Group (UMG) announced on Monday the expansion of their multi-year music licensing agreement, which enables users to share songs from UMG’s music library across Meta’s platforms (Facebook, Instagram, Horizon, Threads and WhatsApp) without violating copyright.  What’s most notable …

A federal U.S. judge ruled Monday that Google has illegally held a monopoly in two market areas: search and text advertising. The landmark case from the government, filed in 2020, alleged that Google has kept its share of the general search market by creating …

Cybercriminals are increasingly targeting wealthy individuals, making cybersecurity concierges a new must-have for the rich and their families, including executives. While companies are spending heavily on cybersecurity, personal and home devices are generally less protected, making them easier to crack. …

Meta on Tuesday announced the latest version of its Llama artificial intelligence model, dubbed Llama 3.1. The newest Llama technology comes in three different versions, with one variant being the biggest and most capable AI model from Meta to date. Like previous versions …

Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, according to a person familiar with the matter who said a deal is expected to close “soon.” Wiz was founded in 2020, and has grown at a rapid clip under …