Business

New York Times takes OpenAI, Microsoft to court over copyright infringement
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2 January, 2024

New York Times takes OpenAI, Microsoft to court over copyright infringement

The lawsuit against OpenAI and Microsoft could either lead to a surge in legal cases involving generative AI tools or...
Is Bitcoin decentralized?
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2 January, 2024

Is Bitcoin decentralized?

While BTC has a higher hash rate that makes it more secure to a hash attack, it does not equate...
Philippine central bank extends ban on new e-money license applications
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2 January, 2024

Philippine central bank extends ban on new e-money license applications

To modify the e-money industry, the Philippine central bank laid out an exemption for EMI-NBFI entrants after a decision was...
Generative AI may inject $1.5T to India’s economy by 2030: report
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31 December, 2023

Generative AI may inject $1.5T to India’s economy by 2030: report

India's GDP could grow to $1.5 trillion by 2030, thanks to the massive potential of generative AI, but an EY...
Norway’s fifth round of CBDC trials focuses on wholesale aspects
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31 December, 2023

Norway’s fifth round of CBDC trials focuses on wholesale aspects

In a 20-page report, the Norges Bank said the likelihood of conducting retail central bank digital currency experiments could be...
Pakistan adopts blockchain KYC platform for financial institutions
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31 December, 2023

Pakistan adopts blockchain KYC platform for financial institutions

Pakistan's central bank has approved blockchain KYC for banks, boosting security and efficiency with privacy measures, uniformity, cost savings, and...
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