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UK House of Lords calls for more action from government on AI copyright, competition oversight
The chair of the Communications and Digital Select Committee in the House of Lords asked the U.K. government to “go beyond its current position” on copyright infringement and market competition … more
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Robinhood’s Dramatic Turnaround: $157 Million Q1 Profit, Crypto Revenue Up 232%
Robinhood's Q1 results show a profit and crypto surge, but SEC scrutiny looms. The post Robinhood’s Dramatic Turnaround: $157 Million Q1 Profit, Crypto Revenue Up 232% appeared first on … more
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South Korea’s Kakao, Naver merge blockchain projects to launch ‘kaia’
The two companies were behind Klaytn and Finschia blockchain projects, which had a combined market cap of $876 million and target becoming “Asia’s largest blockchain.” [...] Read … more
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Dodger superstar's confidant pleaded guilty to stealing $17 million from the power hitter to cover debts
Ippei Mizuhara incurred the debt through an illegal bookmaking operation, prosecutors said. more
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FTX creditors seek repayments at current market rates
FTX's new compensation plan faces opposition as creditors demand repayments based on current asset values, not bankruptcy figures. The post FTX creditors seek repayments at current market rates … more
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Executive on probation for giving freebies to a high roller and letting him gamble millions
Former MGM Grand President Scott Sibella pleaded guilty in January to violating federal anti-money laundering rules. more
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CEO Dara Khosrowshahi wants more workers to return to the office—preferably in an Uber
After a full year of profitability, Uber reported a first quarter loss and its CEO blames a lack of commuters post-pandemic. more
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Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale
After net outflows in the tens of billions, investors surprisingly began buying back into GBTC earlier this week. This might explain it. more
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Panera is ditching its Charged Lemonade after 2 customers died—but Gen Z is still thirsting for dangerous snacks and drinks
A 30-ounce Charged Lemonade reportedly contained 390 milligrams of caffeine, the equivalent of about five Red Bulls. more
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The UK’s second-richest man is demanding Manchester United workers return to the office—’If you don’t like it, please seek alternative employment’
Even if workers prefer flexibility, executives are getting impatient. more
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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House
This announcement comes amidst debates and discussions in Congress today regarding the regulation and oversight of digital assets. more
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Bitcoin Lightning Wallet ZEUS Isn’t Going Anywhere
Evan Kaloudis, the US-based founder of ZEUS, believes that now is the time to take a stand and fight for KYC-free bitcoin self-custody wallets. more
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Disney caps Marvel Studios output as it tries to recapture the magic of the ailing MCU
From now on, Iger will approve a maximum slate of three MCU films a year and two Disney+ TV series in an effort to boost quality. more
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Kazakhstan sets up new committee to spearhead AI advancements
With artificial intelligence’s growing popularity, Kazakhstan established a new committee whose key role revolves around the development and implementation of legislations tied to AI. [...] Read … more
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Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer
Lagrange Labs, a cryptography startup specializing in zero-knowledge proofs, raises $13.2M seed round led by Peter Thiel's Founders Fund. The post Lagrange Labs closes $13.2M to build out ZK … more
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Argentina to Mine Bitcoin with Stranded Gas
Argentina partners with GDA to launch a gas flare-powered Bitcoin mining facility, using stranded gas to generate value and mitigate emissions. more
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10% of German money could shift into digital euro: Bundesbank
The overall estimate found by Deutsche Bundesbank was that 10% of German money holdings would shift into the digital euro, with bank deposits being hit the hardest. [...] Read More... The post … more
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More people are looking to leave their jobs now than during The Great Resignation, LinkedIn and Microsoft's study of 31,000 workers warns
Workers who switched jobs are already feeling burned out and undervalued—so yet again, they're looking to pastures new. more
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Gen Zers could nab jobs from millennials if have AI skills, LinkedIn and Microsoft data shows
Microsoft and LinkedIn research of 31,000 knowledge workers reveals that managers are willing to overlook experienced candidates in favor of digitally savvy young starters. more
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Republicans beat up SEC’s Gary Gensler but can’t crimp ‘crypto’ crook crackdown
U.S. SEC Chair Gary Gensler came in for more bashing on Capitol Hill from Republicans, some of whom are planning a symbolic vote to bring him down. [...] Read More... The post Republicans beat … more
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China has a flourishing market for deepfakes that clone the dead
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. If you could talk again to someone you … more
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P2P digital currency ban looming in Nigeria as central bank halts fintech account opening
Four leading fintech apps were directed to halt onboarding recently, and with the National Security Agency classifying digital currency as a national security issue, a ban is imminent. [...] Read … more
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Philippines, ADB collaborate to pioneer digitally tracked green bonds
The tie-up between gov't agencies and the ADB is geared toward supporting the country in fostering a sustainable capital market, with DTGBs eyed as a starting point to achieve this. [...] Read … more
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Is money the secret to getting Gen Z talking? The U.K.’s national data crunchers reveal their latest tricks for finding out what makes them tick
The Office of National Statistics is revamping how to gets data on Gen Z participants, including higher cash prizes and face-to-face interviews. more
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London Drugs reopens all stores after cyberattack
London Drugs says it has reopened all its stores across Western Canada after a cybersecurity breach forced the retailer to close last month. more
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