Recently, U.S. prosecutors have recommended an above-guidance sentence of 36 months for the former CEO of cryptocurrency exchange Binance. This recommendation comes in response to charges of enabling money laundering. The prosecutors argue that this harsh sentence is necessary to reflect the seriousness of the crimes committed by the former CEO. Violation of U.S. Law
Future
The bill that was passed by the Senate and is on its way to President Joe Biden’s desk represents a significant step in the ongoing battle over the ownership and governance of popular social media platform TikTok. The legislation is aimed at forcing China-based company ByteDance to sell TikTok within a specified timeframe or face
Oracle Chairman Larry Ellison recently announced that the company will be relocating its world headquarters to Nashville, Tennessee. This move comes as Oracle aims to be closer to a major health-care epicenter. Ellison cited Nashville as an established hub for the health-care industry and a desirable place to reside. This decision to shift Oracle’s operations
In the ever-changing world of social media platforms, one app seems to be on the rise. According to recent data from Apptopia, Threads is gaining momentum in terms of daily active users, particularly in the U.S. market. The app has surpassed X in daily actives, indicating a significant shift in user behavior and preferences. The
Google has once again pushed back the deprecation of third-party cookies, citing the need to address concerns raised by the U.K.’s Competition and Markets Authority (CMA). The CMA has expressed worries about the impact this move will have on Google’s competitors and the digital marketing industry as a whole. Despite Google’s efforts to revise its
China is making significant strides in the field of aviation, particularly in the realm of unmanned aerial systems (UAS). This progress is leading to a transformative shift in low-altitude airspace management, driven by the need to integrate a growing number of unmanned aircraft into the national airspace. However, these advancements come with unique challenges and
Human behaviors are a multifaceted aspect that can provide valuable insight into deception and trust cues. Dr. Xunyu Chen, an assistant professor at Virginia Commonwealth University, has harnessed the power of artificial intelligence methods such as machine learning and deep learning to analyze these behaviors. By utilizing data from a popular game show and applying
Jack Dorsey, the founder of Block (formerly Square), has announced that the company is taking its bitcoin mining ambitions to a whole new level. Instead of just focusing on designing chips, Block is now working on developing a complete bitcoin mining system. This move signifies a significant shift in the company’s strategy towards becoming a
Apple is facing a decrease in demand for its Vision Pro headset, with analyst Ming-Chi Kuo reporting that the company has cut its shipment forecast for the rest of the year. This drop in demand has led Apple to adjust its headset roadmap, potentially delaying the release of a lower-cost mixed reality headset until 2025
The Securities and Exchange Commission (SEC) in the Philippines has taken a strict stance against cryptocurrency exchange Binance. In a recent press release, SEC Chairperson Emilio Aquino announced that the regulator had issued letters to both Google and Apple, requesting the removal of all Binance-related applications from their respective app stores. The reason cited for