California bill targeting social-media giants has been halted after tech companies lobby against it
California lawmakers killed a bill Thursday that would have allowed government lawyers to sue social-media companies for features that allegedly harm children byĀ causing them to become addicted. Its death comes…
EU prepares to regulate and treat NFT collections like cryptocurrencies
Non-fungible tokens (NFTs) that are part of a collection will have to apply new European Union crypto rules intended to warn investors of risks, an official told attendees at Korea…
Binance retrieves $450K stolen from DeFi protocol Curve.Finance
Binance CEO Changpeng Zhao “CZ” said on Friday that the exchange has frozen or recovered $450,000, which was stolen from DeFi protocol Curve.Finance earlier this week. On Tuesday, hackers stoleĀ nearly…
Ethereum 2.0 deposit contract reaches 13.3 million ETH, highest level on record
The deposit contract of ETH 2.0 now has over 13.29 millionĀ tokens, which is the highest level on record. Amid the price surge, the total value of Ethereum staked under the…
$250M investment in SpaceX pushes company valuation to $127B
South Korea’s Mirae Asset Global Investments and Australiaās Queensland Investment Corporation lead a $250 million cash injection into SpaceX as an extension of its most recent funding round. The new…
Google will pay $60M fine for misleading users in Australia about location data
Google has agreed to pay $60m in penalties flowing from a long-running court fight with the Australian competition watchdog over the misleading of users on the collection of personal location…
YouTube Shorts witnesses 135% growth in one year
Alphabet-owned YouTube saw views of videos of less than 1 minute jump 135 percent between the second quarter of 2021 and Q2 of 2022. Videos of less than 1 minute…
Xiaomi launches Tesla Bot rival CyberOne
Xiaomi this week introduced CyberOne, a humanoid robot that looks set to take on Tesla Bot. With a Mi-Sense depth vision module working alongside an AI interaction algorithm, CyberOne is…
Meta can track users across websites via its in-app browsers
If you visit a website you see on Facebook and Instagram, you’ve likely noticed that you’re not redirected to your browser of choice but rather a custom in-app browser. It…
Twitter reinstates misinformation rules ahead of election in US
Twitter Inc will revive features on the social media site to promote accurate information about the November US midterm election and clamp down on false and misleading posts, the company…
LinkedIn introduces ‘toolsAto’ that helps scale up creative content
Professional networking platformĀ LinkedIn has announced that it is rolling out new toolsAto make it easier for users to create visual content that helps them stand out. The platform said it…
Reliance added 2.32 lakh employees to its workforce in just one year
The oil-to-telecom conglomerate has hired a total of 2.32 lakh employees in the financial year, taking its total strength to 3.43 lakh, as of March 31, 2022. Over 2,500 new…
ED freezes Rs 370 cr in bank accounts of crypto exchanges
The Enforcement Directorate has frozen ā¹370 crore in the bank accounts of a cryptocurrency exchange, which is under its scanner for alleged laundering of proceeds by companies accused of operating…
Number of teens using Facebook crashes as YouTube becomes platform of choice
Tik-Tok was the unsurprising runner-up, with 67% saying they use it and 16% admitted they’re on the app almost constantly. But it wasn’t all bad news for Meta; Instagram, which…
Banned BGMI game downloaded more than 100 mn times
Banned mobile game BattleGrounds Mobile India has been downloaded more than 100 million times in the country since its launch in July 2021, said its South Korean developer Krafton Inc.,…
Google opposes Facebook-backed proposal for self-regulatory body in India
Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear user complaints, though the proposal has support from Facebook and Twitter. The…
