The CRPTO Act is meant to prevent fraud and protect traders. New York State may soon have its own legislation to prevent crypto scandals on par with FTX’s downfall. Attorney General Letitia James has proposed a law, the CRPTO Act (Crypto Regulation, Protection, Transparency and Oversight), that’s meant to thwart cryptocurrency fraud and protect investors.… Continue reading New York State AG proposes broad regulations for the cryptocurrency industry
Category: Tech News
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Humanity’s historical fascination with wearable wheels
Bipedal locomotion is the worst. You take a step forward and you end up standing there, legs akimbo, until you repeat the process with your other foot. And then do it again, and again, and again — back and forth, left and right, like a putz, until you reach your destination: hopefully, somewhere to sit.… Continue reading Humanity’s historical fascination with wearable wheels
Tepid investor reaction clouds Lyft’s new strategy
The company’s bet on a slimmer, more-focused business echos tech’s trend of doing more with less Alex Wilhelm Anna Heim 7 hours Shares of Lyft are off sharply this morning, falling nearly 20% in early trading. The company’s equity is selling off in the wake of the U.S. ride-hailing giant’s first quarter results and its… Continue reading Tepid investor reaction clouds Lyft’s new strategy
Google’s Pixel Watch is better than a Fitbit and now $60 off
/ The svelte smartwatch is selling for its best price with our special promo code. Plus, an older Echo Dot smart speaker for just $20, the M2 Pro Mac Mini is $100 off, and much more. The Pixel Watch has Fitbit exercise software built in since Google owns Fitbit.Photo by Amelia Holowaty Krales / The… Continue reading Google’s Pixel Watch is better than a Fitbit and now $60 off
Top Google Result for “Edward Hopper” an AI-Generated Fake
AI is already rewriting art history. When you Googled the famed realist artist Edward Hopper this week, the first featured image that appeared was convincing enough. A lone woman, painted in the artist’s signature soft, muted style, stared out a window, sporting a red dress and hair tucked into a bun. Hopper created a number… Continue reading Top Google Result for “Edward Hopper” an AI-Generated Fake
Ant Group weighs stake sale of Hong Kong virtual banking unitAnt Bank (Hong Kong) Ltd is in talks with potential investors to bolster operations
Ant Group Co Ltd is considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday, citing people familiar with the matter. Ant Bank (Hong Kong) Ltd is in talks with potential investors to bolster operations and the plan is preliminary in its preliminary stages, according to the report. Ant… Continue reading Ant Group weighs stake sale of Hong Kong virtual banking unitAnt Bank (Hong Kong) Ltd is in talks with potential investors to bolster operations
AV fever has cooled off, but driverless cars aren’t going away
/ Automakers and tech companies are still aiming for a driverless future. Can they finally deliver? Illustration by Alex Castro / The Verge After years of multibillion-dollar investments, “just around the corner” promises of robotaxis, and predictions that today’s children might never need to learn to drive, 2022 ended with a hard wake-up call for… Continue reading AV fever has cooled off, but driverless cars aren’t going away
Microsoft is reportedly helping AMD expand into AI chips
/ AMD is also said to be helping develop Microsoft’s in-house ‘Athena’ AI chip, but Microsoft denies it. AMD’s AI-capable MI300 data center APU is set to arrive sometime later this year.Photo by ROBYN BECK/AFP via Getty Images Microsoft has allegedly teamed up with AMD to help bolster the chipmaker’s expansion into artificial intelligence processors.… Continue reading Microsoft is reportedly helping AMD expand into AI chips
Tesla secures large order of parts for Cybertruck
Tesla has reportedly secured a large order of interior parts for the Cybertruck worth hundreds of millions of dollars. There are many eyes on the Tesla Cybertruck production program. It is expected to have a significant long-term impact on the EV industry and the pickup truck market. We have been tracking progress toward bringing the… Continue reading Tesla secures large order of parts for Cybertruck
China’s Semi-Tech closes $72m Series C, launches smart manufacturing fund Semi-Tech has launched a $144.7m fund to invest in smart manufacturing softw…
China’s Semi-Tech, which offers computer-integrated manufacturing (CIM) solutions to the semiconductor industry, announced on Friday that it has closed over 500 million yuan ($72.3 million) in a Series C round of financing led by Matrix Partners China. The Series C round brought the firm’s post-money valuation to over 6 billion yuan ($868 million), said Semi-Tech… Continue reading China’s Semi-Tech closes $72m Series C, launches smart manufacturing fund Semi-Tech has launched a $144.7m fund to invest in smart manufacturing softw…