Aptos Co-Founder Launches $50 Million Venture Fund ‘For MFers Ready to Build’
Mo Shaikh and his team raised a total of $400 billion to launch Aptos Labs in 2022. Now he’s helping other founders do the same. Maximum Frequency Ventures Raises $50M…
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Meta Acquires $3.5 Billion Stake in Ray-Ban Maker to Expand AI Glasses Strategy
Meta has invested approximately $3.5 billion for a minority stake in Essilor Luxottica, the world’s largest eyewear manufacturer, as part of its strategy to expand into the artificial intelligence (AI)…
Meta Joins Microsoft, Amazon in Dismissing Bitcoin Treasury Despite Investor Push
Meta firmly rejected a bold shareholder push to adopt bitcoin as a treasury asset, signaling strong resistance to crypto integration despite mounting institutional interest and rising bitcoin momentum. Meta Rejects…
Meta Reportedly Exploring Stablecoins for Small-Payment Use Case
Meta is contacting infrastructure providers to explore the implementation of stablecoins with a payout use case in mind. The development would mark a new start for the company’s crypto plans…
Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand
The Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON) from demanding $38.55 million (NGN60 billion) from Facebook Nigeria Operations Limited…
Why Rumble Matters
In a world where big tech giants control the flow of information, Bitcoin.com CEO Corbin Fraser believes upstarts like Rumble are returning power back to users, such as the ability…
Meta to Resume Training AI With Data From UK Facebook, Instagram Users
Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite…
Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange
The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after…
New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto Fraud
The New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it of defrauding investors via a fraudulent cryptocurrency investment website. Finstate…
Meta to fight AI-generated fake news with ‘invisible watermarks’
Meta will make use of a deep-learning model to apply watermarks to images generated with its AI tool, which would be invisible to the human eye.
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