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Spot Bitcoin ETFs Break Through the 5% Barrier—Is Mainstream Adoption Here to Stay? A recent report has revealed that spot Bitcoin exchange-traded funds (ETFs) now account for 5% of the total Bitcoin supply, underscoring growing institutional interest in the cryptocurrency. According to Bitcoin Magazine, as of October 5, spot Bitcoin ETFs collectively manage over 911,000 BTC. This surge is a positive indicator of the increasing acceptance and adoption of Bitcoin in traditional financial…

Exporting AI Power: New Licensing Talks Could Redefine Global Tech Alliances The Biden administration is exploring potential restrictions on the sale of advanced artificial intelligence (AI) chips produced by companies such as Nvidia Corp. and Advanced Micro Devices Inc. (AMD). According to sources familiar with the discussions, these proposed measures would establish export licenses on a territorial basis, reflecting national security interests. Focus on Strategic Hubs The plan aims to implement…

Revenues Surge as BlackRock Assets Cross $11.5tn, Surpassing Analyst Forecasts BlackRock's assets under management have soared to an unprecedented $11.5 trillion, propelling its shares to a new all-time high. This surge reflects the world’s largest money manager's strong performance amid a rally in global markets, attracting a remarkable influx of new capital from investors. The latest earnings report revealed a 15% increase in revenues, reaching $5.2 billion, which exceeded analysts'…

Can Elon Musk Deliver Again? The CEO’s Lofty Robotaxi Promises Under Scrutiny Tesla CEO Elon Musk took the stage in California on Thursday to unveil his ambitious vision for a future where self-driving cars roam the streets and robots walk among us. Describing this as an “age of abundance,” Musk promised a future filled with excitement, where vehicles have no steering wheels, and parking lots transform into parks. The star of the…

India’s E-Commerce Crackdown: Samsung, Xiaomi Allegedly Colluded with Amazon and Flipkart in Illegal Deals Leading smartphone manufacturers Xiaomi and Samsung have been accused of colluding with Amazon and Flipkart to launch products exclusively on their platforms. This alleged practice, highlighted in regulatory reports by the Competition Commission of India (CCI), is seen as a violation of antitrust laws and is said to have hurt smaller retailers in India.

CEO Durov commits to share user information Messaging platform Telegram is set to change its stance on user data privacy, as CEO Pavel Durov announced the app will now provide IP addresses and phone numbers to relevant authorities upon valid legal requests. This significant policy shift aims to deter criminals from exploiting the platform, as Durov detailed in a recent post on Telegram.

Elon Musk’s Tesla Under Fire: German Workers Protest Home Visits for Sick Employees! The management of Tesla’s gigafactory in Berlin-Brandenburg has come under fire for sending managers to the homes of employees on long-term sick leave. According to plant director André Thierig, the move is intended to “appeal to employees’ work ethic,” but it has instead incited backlash from the plant’s union, IG Metall, which sees the tactic as an invasion of privacy and an extension of a “culture of fear” at the facility.

Caught in the Fold: Samsung’s Response to Competition with a 12.4-Inch Rollable Smartphone Samsung is reportedly planning to launch a groundbreaking rollable smartphone in 2025. This new device, boasting an impressive 12.4-inch display, is a response to the heightened competition posed by rivals such as Google’s Pixel 9 Pro Fold and OnePlus’s latest offering, the OnePlus Open.

Meta Unveils AI-Powered Ray-Bans That Can Remember, Remind, and Translate Meta is redefining the smart glasses experience with the latest updates to its Ray-Ban line, pushing the boundaries of wearable technology. At the recent Connect conference, the company unveiled exciting new features aimed at making these glasses not just a fashion statement, but a practical tool for everyday life.

University of Surrey Unveils Revolutionary Nanogenerator with 140-Fold Increase in Power Density Imagine powering your wearable tech during a morning jog or while simply moving around your home—this could become a reality thanks to a breakthrough at the University of Surrey.