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Ripple CEO Brad Garlinghouse Admits $204M Crypto Super PAC Wouldn’t Exist If Gary Gensler Wasn’t The SEC Chair
Ripple CEO Brad Garlinghouse said on Sunday that the establishment of Fairshake, a cryptocurrency-focused super political action committee, was a direct response to the SEC’s approach toward the industry under Gary Gensler. read more
Disney Doubles Down On Cruises With Seven New Ships By 2031, Targets Asian Market Expansion: ‘Best Time To Invest In This Business’
The Walt Disney Co. plans to invest approximately $12 billion in its cruise business over the next decade, aiming to more than double its fleet from six to 13 ships by 2031. The expansion comes as Disney’s newest vessel, the Disney Treasure, recently made its debut in New York Harbor read more
TikTok-Parent ByteDance, Now Nvidia’s Largest Asian Chip Customer, Races Ahead Of Alibaba And Baidu To Dominate China’s Generative AI Market: Report
ByteDance, TikTok’s parent company, has emerged as Nvidia’s largest chip buyer in Asia, surpassing Alibaba and Baidu, as it aggressively invests in AI infrastructure and talent to dominate China’s generative AI market amidst U.S. restrictions and a potential TikTok ban. read more
Palantir’s Shyam Sankar Says AI The New Frontier In Defense — Reflects On Possible Pentagon Rule Under Trump As Stock Soars
Palantir Technologies Inc. Chief Technology Officer Shyam Sankar highlighted the critical role of artificial intelligence in national defense and outlined the company’s vision for rebuilding America’s industrial base during a CNBC “Closing Bell Overtime” appearance on Saturday Dec, 7, 2024. read more
Amazon Shareholders Propose Adding Bitcoin To Treasury For ‘Best’ Long-Term Interest, Cite Michael Saylor’s MicroStrategy As Example
Following in the footsteps of other Wall Street giants, shareholders of online retail giant Amazon.com Inc. (NASDAQ:AMZN) urged the firm Sunday to consider a Bitcoin (CRYPTO: BTC) treasury strategy to enhance shareholder va read more
Apple Faces $1.2B Lawsuit Over Child Sexual Abuse Material Detection On iCloud — Tech Giant Says, ‘Urgently And Actively Innovating’
Apple faces a $1.2 billion lawsuit over its decision to discontinue child sexual abuse material (CSAM) detection, drawing criticism for prioritizing user privacy over child safety while competitors like Google and Meta adopt stricter measures. read more
Bitcoin, Ethereum, Dogecoin Reverse After Advances: BTC Records Historic Weekly Close While Analyst Paints $6K Target For ETH
Leading cryptocurrencies slipped in overnight trading on Sunday after Bitcoin recorded its first-ever weekly close above $100,000. read more
Donald Trump Shifts Stance On Jerome Powell, Says No Immediate Plans To Replace Fed Chair: ‘I Don’t Think So’
President-elect Donald Trump said on Sunday, that he has no immediate plans to remove Federal Reserve Chairman Jerome Powell after getting elected in November, marking a notable shift in his stance toward the central bank leader ahead of a crucial December Fed meeting. read more
Bashar Al-Assad And His Family Granted Asylum By Russia: Kremlin Source Says ‘Always Spoken In Favor of Political Settlement’
On Sunday, Dec. 8, 2024, former Syrian President Bashar al-Assad and his family have been granted asylum in Russia, with Moscow citing humanitarian reasons and reiterating support for a political resolution to the Syrian crisis. read more
Apple Eyes Sony Partnership For Game-Changing Vision Pro Upgrade
Apple and Sony are reportedly joining hands to augment the gaming capabilities of the Vision Pro. read more