Business

Taiwan’s TSMC projected to hit $7.25B in Q2 profits amid AI boom
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17 July, 2024

Taiwan’s TSMC projected to hit $7.25B in Q2 profits amid AI boom

Just a week after TSMC’s ADR shares on the NYSE hit $1 trillion for the first time, the company is...
Apple opens NFC tap-and-go payments tech to third parties in EU
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16 July, 2024

Apple opens NFC tap-and-go payments tech to third parties in EU

The company had restricted its NFC features on its iPhones to Apple Pay users, but European Union regulators have broken...
Craig Wright barred from further Satoshi lawsuits
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16 July, 2024

Craig Wright barred from further Satoshi lawsuits

The judgment contained rulings on several injunctions that were requested by the Crypto Open Patent Alliance (COPA) following their victory...
US legislator urges Congress to declare Binance exec ‘hostage’ of Nigerian government
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16 July, 2024

US legislator urges Congress to declare Binance exec ‘hostage’ of Nigerian government

Rep. Rich McCormick demanded that Nigeria release Tigran Gambaryan immediately or risk hostile relations, even as a local court postponed...
META region’s AI spending may climb to $7B by 2026: report
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15 July, 2024

META region’s AI spending may climb to $7B by 2026: report

Data released by the IDC shows that the projected AI spending of up to $7 billion would be driven by...
‘Crypto’ anti-money laundering efforts need to incorporate tradfi tools
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15 July, 2024

‘Crypto’ anti-money laundering efforts need to incorporate tradfi tools

Chainalysis details the extent to which money launderers use blockchain “to launder funds from a broader range of illicit activities...
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