Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday. The round was backed by bitcoin-focused venture capital firm Fulgur Ventures, with participation from current and new investors. Some of the company’s employees also participated in the round. WHY IT’S IMPORTANT The deal…
The British government has pledged to rip up the red tape hindering construction of data centers that underpin artificial intelligence while promoting its “pro-innovation” approach to regulating the technology LONDON (AP) — The British government pledged on Monday to rip up the red tape hindering construction of data centers that underpin artificial intelligence while promoting…
(Reuters) – Location tracking company Unacast has confirmed to the Norwegian government that it was the victim of a hack, according to a notice published by Norwegian public broadcaster NRK on Friday. Last week claims began circulating online that Unacast’s data broker subsidiary Gravy Analytics had been the victim of a digital heist. Experts told…
MILAN (Reuters) – Italy would have full control of its data under any potential deal struck with Elon Musk’s Starlink for secure satellite communications, an Italian representative for the billionaire’s aerospace businesses said. Rome is considering the use of Musk’s telecommunications systems to provide encrypted communications between the government, Italian diplomats and defence officials operating…
Chipmaker Nvidia has unveiled new technology for gamers and creators at CES 2025 LAS VEGAS (AP) — In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double…
BENGALURU (Reuters) -Microsoft will invest about $3 billion to expand capacity for artificial intelligence and its Azure cloud-computing services in India, CEO Satya Nadella said on Tuesday. The tech giant is the latest to pledge investment in India, a country seen as a key growth market for U.S. technology companies thanks to its population of…
JAKARTA (Reuters) -Indonesia’s industry minister met representatives of Apple on Tuesday to discuss the company’s potential investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally, the minister said. Indonesia last year banned sales of the iPhone 16 after it failed to meet requirements that smartphones sold domestically…
Disney’s Hulu + Live TV and sports streaming service Fubo are combining in a deal that will also see the settlement of a lawsuit against the creation of Venu Sports Disney’s Hulu + Live TV and sports streaming service Fubo are combining in a deal that will also see the settlement of a lawsuit against…
Venezuela’s Supreme Court has issued a $10 million fine against TikTok for “not implementing measures” to prevent viral video challenges that have allegedly led to the deaths of three Venezuelan children recently CARACAS, Venezuela (AP) — Venezuela’s Supreme Court on Monday issued a $10 million fine against TikTok for “not implementing measures” to prevent viral video challenges…
Apple complained that requests from Meta Platforms requests for access to its operating software threaten user privacy, in a spat fueled by the European Union’s intensifying efforts to get the iPhone maker to open up to products from tech rivals LONDON (AP) — Apple complained that requests from Meta Platforms for access to its operating…
