In the beginning of 2021, Alphabet shuttered Loon. It was a familiar story within the annals of Google X history: an ambitious moonshot with tremendous upside that sputtered out prior to gaining any sort of meaningful traction after nearly a decade. “Despite Loon’s extraordinary technical progress,” X explains with a tinge of melancholy on the […]
FTC seeks to modify rule to combat deepfakes
Spurred by the growing threat of deepfakes, the FTC is seeking to modify an existing rule that bans the impersonation of businesses or government agencies to cover all consumers. The revised rule — depending on the final language, and the public comments that the FTC receives — might also make it unlawful for a GenAI […]
Byju’s seeks to raise $200 million in rights issue amid cash crunch, resets valuation
Byju’s, the world’s most valuable edtech startup, launched a rights issue on Monday, seeking to raise $ 200 million as the Indian firm works to address its working capital issues. The startup is resetting its valuation to “next to nothing” in the rights issue, where all existing investors have an opportunity to participate, according to […]
The Best FIFA Football Awards 2023: Live updates, results, winners as Lionel Messi seeks to defend title in London
FIFA holds its annual awards ceremony to recognise the best players, coaches, fans and participants across the global football community on January 15, 2024. Held in London, England, the ceremony for The Best FIFA Football Awards will see the top men’s and women’s players and coaches for the past season crowned at a star-studded event. […]
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow cryptocurrency payments and investments to be officially supported. New Bill Proposes […]