Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers
BEIJING — Chinese augmented reality glasses and software company Rokid this week announced it raised 500 million yuan ($70 million)…
Here’s what a bitcoin ETF actually means for investors
The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of…
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening…
Biden administration issues rule that could curb ‘gig’ work, contracting
The U.S. Department of Labor on Tuesday issued a final rule that will force companies to treat some workers as…
Mysterious crypto ‘dark money’ group ramps up lobbying efforts ahead of 2024 election
A new mysterious nonprofit group backed by the crypto industry has set up a mailing address about 100 miles away…
Supreme Court rejects appeal by Elon Musk’s X on disclosing federal surveillance
The Supreme Court on Monday refused to hear an appeal by the social media giant X challenging a ban on…
Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU
Coinbase plans to offer crypto-linked derivatives in the European Union, and it’s planning to acquire a company with a license…
Microsoft, OpenAI sued for copyright infringement by nonfiction book authors in class action claim
Two nonfiction book authors sued Microsoft and OpenAI in a would-be class action complaint alleging that the defendants “simply stole”…
Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK
Coinbase, Crypto.com, Gemini and other cryptocurrency exchanges are warning users in the U.K. that they’ll need to start filling out…
