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Newswire > November, 2024
November, 2024

November, 2024

Google uses search remedies trial to subpoena OpenAI, Perplexity and Microsoft over their generative AI efforts
For the remedies phase in the Google search antitrust trial, the giant has subpoenaed three of its biggest AI rivals — OpenAI, Perplexity AI, and Microsoft. The subpoenas, sent in October, were m...
Insurtech Ecosystem in India Includes 150+ Insurtechs with 12x Increase in Revenue in 5 Years – Report
Although globally there has been positive moment for insurance technology platofrms, Insurtech funding has continued its downwards trend in certain regions. But APAC has been fairly resilient, accordi...
Japan’s Financial Intelligence Unit Says Crypto Poses Significant Money Laundering Risk – Report
This year has seen a number of seemingly positive developments for the cryptocurrency ecosystem, according to an update from Chainalysis. Chainalysis noted in a blog post that in many ways, crypto has...
Nu Colombia Reportedly Receives Approval to Consolidate Operations Under Single Business Entity
Nu Colombia, a subsidiary of Nu Holdings, confirms that the Colombian Financial Superintendence (SFC) has formally approved its request to consolidate its account and credit operations under the entit...
Rumble Announces Plans to Invest in Bitcoin (BTC) from Cash Reserves
Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced that its Board of Directors has approved a corporate treasury diversification strategy of allocating “a portion...
Cantor Fitzgerald and Lutnick have Reportedly Negotiated Ownership Stake in Tether
Cantor Fitzgerald, which currently maintains the majority of Tether’s $133 billion+ held in reserves, has reportedly negotiated a 5% ownership stake in the stablecoin USDT issuer within the last yea...
Fintech Platform Synapse’s Collapse Could Lead to Thousands of Americans Receiving Almost Nothing from Savings Accounts
Thousands of Americans have reportedly seen their savings vanish following the Synapse fintech crisis. It’s now being reported that many Americans will most likely receive very little or nothing fro...
Insurtech: AAIS Partners with Akur8 to Enhance Predictive Modeling Capabilities
Akur8, the insurance pricing and reserving solution powered by machine learning, is announcing that it has partnered with the American Association of Insurance Services (AAIS), the not-for-profit advi...
Tornado Cash Sanctions Nullified, TORN Token Surges Almost 400%
A US federal appeals court struck down sanctions imposed by the Treasury Department on Tornado Cash. This popular crypto-mixing service enables users to anonymize their cryptocurrency transactions thr...
Donald Trump Eyes AI Czar In Joint Vision for Artificial Intelligence and Crypto Leadership
President-elect Donald Trump is reportedly considering creating a dedicated “AI czar” position to coordinate federal policies and spearhead advancements in artificial intelligence (AI). This po...
Newswire > November, 2024
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