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Trust Wallet Adds Revolut for Instant, Low-Cost Crypto Purchases
Trust Wallet, a self-custody wallet owned by Binance’s co-founder Changpeng Zhao, announced yesterday, December 11, that it has added Revolut to allow users to purchase crypto using the popular...
Netflix Stock Whipsaws After Announcing Acquisition of Warner Bros.
The streaming landscape is set for a monumental shift as Netflix has announced a definitive agreement to acquire the film and television studios, as well as the streaming division,...
Big Tech Pours Billions Into India as AI Race Intensifies
Big Tech has once again reaffirmed its interest and high expectations of AI after investing more than $50 billion in AI in India. According to a report by the...
FCA Fines Nationwide £44m Over Financial Crime Failures
The Financial Conduct Authority (FCA), the UK’s financial watchdog, announced earlier today, December 12, that it has fined Nationwide £44 million for failings in financial crime controls. According to...
Reddit Takes Australia to Court Over Child Social Media Ban
Message board platform Reddit has filed a lawsuit in Australia’s highest court, seeking to overturn the country’s recent social media ban for children, as reported by Reuters earlier today,...
CFTC Issues No-Action Letters on Event Contract Reporting
The US commodities regulator, the Commodity Futures Trading Commission (CFTC), issued a significant round of No-Action Letters yesterday, December 11. The letters were issued to four major operators in...
xAI Partners with El Salvador on National AI Learning Program
Elon Musk’s artificial intelligence company, xAI, announced yesterday, December 11, that it is entering into a transformative partnership with the government of El Salvador. xAI said that it is...
Meta Plans Deep Cuts to Metaverse Spending, Signaling Shift Towards AI
Meta Platforms is reportedly planning significant budget cuts for its metaverse division, Reality Labs, which houses projects like Meta Horizon Worlds and the Quest VR unit. This move suggests...
Enova to Acquire Grasshopper Bank in $369M Cash-Stock Deal
The leading financial services company, Enova International, announced yesterday, December 11, that it has signed a definitive agreement to acquire Grasshopper Bancorp, Inc., as well as its wholly owned...
OBL Warns of Growing APP Scams Targeting Open Banking
The Open Banking Limited, UK’s key delivery body that develops and governs the standards for open banking in the country, recently published an update to its report regarding financial...


