The former CEO of cryptocurrency exchange Binance, Zhao, is facing a legal battle as U.S. prosecutors are pushing for a 36-month sentence for charges related to money laundering. This sentence is significantly higher than the 12 to 18 months advised under the guidelines. Prosecutors argue that such a harsh sentence is necessary to reflect the
admin
Christophe Fouquet, a Frenchman, is stepping into the role of CEO at Dutch chip giant ASML amidst a challenging environment. The company’s position as a key player in manufacturing machines for ultra-thin microchips has thrust it into the spotlight of geopolitical tensions, particularly in relation to business with China. The need to balance commercial interests
Google has announced yet another delay in the deprecation of third-party cookies, citing concerns raised by the U.K.’s Competition and Markets Authority (CMA). The CMA has expressed worries about the impact of this move on the digital marketing industry and Google’s competitors, prompting Google to reevaluate its approach. In 2022, the CMA pointed out that
The passing of a bill that would compel China-based company ByteDance to sell TikTok or face a ban in the US reflects growing concerns about the implications of Chinese ownership on national security. Lawmakers and intelligence officials worry that the Chinese government could potentially use TikTok to gather data on US users or manipulate the
In a groundbreaking study utilizing data from a 2002 game show, Xunyu Chen, an assistant professor at Virginia Commonwealth University, has managed to train a computer to identify signs of lying in individuals. By delving into the wealth of deception and trust cues present in human behaviors, Chen highlights the potential of artificial intelligence techniques,
Against The Storm’s latest update brought a significant addition to the game – the River Kelpie, a “legendary water demon” that can mesmerize villagers in rain-slick settlements. While this new feature adds an intriguing element to the gameplay, what truly captured my attention was the ability to zoom out 66% further than before. The expanded
Valve, a prominent video game distributor, has recently made changes to its refund policy for games purchased through the Steam platform. This update comes in response to a loophole that allowed users to play Early Access and Advanced Access games for extended periods before requesting a refund. Initially, Valve’s refund policy allowed users to request
Jack Dorsey, the co-founder of Block (formerly Square), recently announced the company’s ambitious plans to expand its bitcoin mining operations. This expansion includes not only designing chips but also developing a full bitcoin mining system. This move signals a significant shift in Block’s approach to the mining industry and aims to democratize access to bitcoin
Apple’s highly anticipated Vision Pro headset has hit a snag in its roadmap, with reports indicating a significant decrease in shipment forecasts for the remainder of the year. Analysts suggest that Apple has cut orders for the Vision Pro even before its launch outside of the US, signaling a shift in demand for the $3,500
Oracle Chairman Larry Ellison recently made headlines by announcing that the tech giant is relocating its world headquarters to Nashville, Tennessee. The decision was primarily driven by the city’s reputation as a major health-care epicenter. During a conversation with former U.S. Senate Majority Leader, Bill Frist, Ellison emphasized the importance of proximity to the health-care