November, 2024

November, 2024

Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it pla...

OpenAI, Australia and EU Each Push Own AI Regulations
Major nations split over artificial intelligence (AI) regulation this week, as Australia committed to strict oversight, while the EU raced to implement its AI Act, and OpenAI will reportedly unveil a ...

Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments Roadmap
Cryptocurrency exchange Coinbase has acquired the Utopia Labs team to accelerate its onchain payments roadmap within Coinbase Wallet. “The Utopia team has been on the ground floor building onchai...

Digital Wallet and eCommerce Growth Drive Paysafe Merchant Solution Sales
Shares of Paysafe slumped 25% Wednesday (Nov. 13) in the wake of earnings that missed Wall Street forecasts. But the company’s materials and management commentary revealed growth in core segments, g...

Report: Meta Plans to Add Advertising to Threads
Meta reportedly plans to add advertising to its social media platform, Threads. The company’s Instagram ad unit is spearheading the initiative, and a small number of advertisers will be allowed to p...

Nuvei Gets Regulatory Blessing to Go Private
Canadian FinTech Nuvei is expected to become a private company by the end of the week. The company received all the regulatory approvals it needs in order to be acquired by Advent International, accor...

This Week in Web3: Crypto Excitement Now, Real-World Utility Later?
As the price of bitcoin surges on promises of a crypto-friendly White House, a juxtaposition is emerging in the digital asset space: While speculation soars, the industry’s promised revolution in pa...

Cardano (ADA) Price Slows After 52% Surge, Faces Key Resistance
Cardano (ADA) price has surged 52% in the last seven days, but has seen a pullback of over 5% in the past 24 hours. Despite the recent rally, there are signs that the current uptrend might be losing m...

Whale Buying Accelerates, Supporting Ethereum (ETH) Price Bullish Momentum
Ethereum (ETH) price has been on a remarkable rally, gaining 20% over the past week. This rally has been fueled in part by a significant outflow of ETH from exchanges, suggesting growing confidence am...

Apple updates Logic Pro with new sounds and search features
Apple Logic Pro for Mac 11.1 with Quantec Room Simulator | Image: Apple Apple today announced some minor updates to Logic Pro for both the Mac and the iPad, including the ability to ...

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November