Jasmin Watson 
Bitcoin, the world’s largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7% at $125,245.57 on Saturday. Bitcoin’s previous record was $124,480 in mid-August, buoyed by friendlier regulations from U.S. President Donald Trump’s administration and strong demand from institutional investors. The cryptocurrency had risen on Friday for an eighth … Read more
Hundreds of AI-generated Bollywood videos, collectively viewed millions of times, were removed from YouTube following an investigation that highlighted potentially infringing content across the platform. Bollywood stars Abhishek Bachchan and Aishwarya Rai Bachchan had filed a legal suit in New Delhi to have AI-manipulated videos — some showing lookalikes in romantic scenes — taken down. … Read more
Elon Musk — CEO of Tesla, SpaceX, and owner of X — has set another record, becoming the first individual in history to briefly reach a net worth of $500 billion, according to Forbes. Musk’s fortune peaked at $500.1 billion before dipping slightly to $499.1 billion, putting him nearly halfway toward becoming the world’s first … Read more
US President Donald Trump has reached a $24.5 million settlement with YouTube over the platform’s suspension of his account following the Jan. 6, 2021, attack on the U.S. Capitol. Alphabet-owned YouTube is the last of three major social media platforms sued by Trump to resolve claims related to his removal. Meta settled earlier this year … Read more
YoungHoon Kim, the Guinness World Record holder for the highest IQ at 276, announced that he has converted all his assets into Bitcoin, calling it “the only hope for the future economy.” Kim, known as a Grand Master of Memory, made the declaration Sept. 29, saying that while he believes Bitcoin will reshape the global … Read more
CANBERRA — Australia is all set to enforce a new law on Dec. 10 banning children under 16 from using major social media platforms, including Facebook, Instagram, YouTube and TikTok. The Online Safety Amendment (Social Media Minimum Age) Act, 2024, amends the country’s Online Safety Act of 2021 and requires platforms to take “reasonable steps” … Read more
BEIJING — China has launched the world’s first “dark factory,” a fully automated manufacturing plant where production runs around the clock without human workers. Unlike traditional factories, the facility operates without lights, as machines and robots do not require visibility to function. By integrating robotics, artificial intelligence, the Internet of Things and big data analytics, … Read more
San Francisco — Elon Musk has lost his title as the world’s richest person to Oracle co-founder Larry Ellison, whose fortune climbed to $393 billion on Wednesday after a sharp rise in Oracle shares, according to the Bloomberg Billionaires Index. Musk’s net worth slipped to $385 billion, ending nearly a year at the top of … Read more
Trump Media & Technology Group the parent company of Truth Social, finalized a deal to acquire 684.4 million Cronos (CRO) tokens, valued at roughly $105 million, in a 50/50 stock-and-cash arrangement with Crypto.com. The tokens amount to about 2% of CRO’s circulating supply and are an addition to the nearly 19% TMTG’s newly formed entity, … Read more
WASHINGTON — President Donald Trump rolled out the red carpet for Silicon Valley’s biggest names at a White House dinner, hailing them as “a high-IQ group” leading a new business revolution. Apple’s Tim Cook, Google’s Sundar Pichai, Meta’s Mark Zuckerberg, Microsoft’s Satya Nadella, OpenAI’s Sam Altman, Microsoft co-founder Bill Gates, and Oracle’s CEO Safra Catz were … Read more
WASHINGTON, US President Donald Trump called for the immediate resignation of Intel’s new CEO Lip-Bu Tan, labeling him “highly conflicted” over his deep investment ties to Chinese chip firms — a rare move of presidential pressure on corporate leadership. “THE CEO OF INTEL is highly CONFLICTED and must resign, immediately,” Trump posted on Truth Social, … Read more
Major tobacco companies are under fire for allegedly using metaverse platforms to market nicotine products to children, a new report reveals. According to a recent investigation by the watchdog group Reset Australia, brands linked to the tobacco industry are leveraging virtual reality platforms such as Roblox and Decentraland to subtly promote e-cigarettes and vaping products. … Read more
Meta CEO Mark Zuckerberg has appointed Shengjia Zhao, the co-creator of ChatGPT, as the chief scientist of Meta Superintelligence Labs, the company’s most ambitious AI research initiative to date. Zhao, who previously worked at OpenAI, played a key role in advancing generative AI technologies and large language models. Her move to Meta underscores the tech … Read more
NEW YORK – Bonnie Barczykowski, CEO of Girl Scouts USA, will speak at Newsweek’s inaugural Women’s Global Impact Forum on August 5 in New York City. The event will bring together senior female leaders from various sectors to address workplace equity, the gender pay gap, and women’s evolving role in leadership. Girl Scouts of the USA, … Read more
NEW YORK – Andy Byron, CEO of the popular AI-powered DataOps platform Astronomer, resigned Saturday following a viral incident at a Coldplay concert, where he was seen embracing an employee on the stadium’s “kiss cam. The board accepted his resignation and has appointed co-founder and Chief Product Officer Pete DeJoy as interim CEO. The employee, identified as … Read more
NEW YORK — The global cryptocurrency market surged past the $4 trillion mark Friday, a milestone fueled by a powerful combination of institutional investment, fresh regulatory clarity and growing adoption, data from CoinGecko showed. According to Bloomberg, the breakthrough followed the U.S. House of Representatives’ approval Thursday of the “Genius Act,” the nation’s first federal legislation … Read more