Reddit CEO Lashes Out on Protests
Reddit CEO Steve Huffman continues to defend the idea of expediency and justification of changes in the Application Programming Interface (API) access policy amid protests against this decision.
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Blackbird.AI Raises $20 Million to Fight Market Manipulation
Blackbird.AI, a company specializing in the analysis of narratives and risks with the help of artificial intelligence, announced that it managed to raise investment funds in the amount of $20 million following the results of the Series B funding round.
BlackRock Applies for Spot Bitcoin ETF
The largest investment company globally is eyeing the first crypto spot ETF in the United States
New York Bans CoinEx Crypto Exchange
Local regulator banned Hong Kong-based CoinEx from operating in New York and seized over $1.7 million worth of the crypto exchange’s funds
Twitter Faces $250 Million Lawsuit by Major Music Publishers
A coalition of music publishers, which includes Universal Music Corp., BMG, Warner Chapell, and Sony Music Publishing, is suing Twitter over claims against the social network over copyright violations.
OpenAI Intros New Generative Text Features
OpenAI upgraded models for creating text amid growing competition in the field of generative artificial intelligence.
Triple and Prizeout Team for Digital Gift Card Offering
The Prizeout company, which operates in the field of advertising, announced the beginning of a partnership with the Triple offer platform, which is linked to cards.
Thousands of Reddit Communities Go Dark to Protest Company’s New Policy
Thousands of Reddit forums closed on June 12, Monday, as part of a large-scale protest by users of this social media platform.
FTX Can Redact Customer Names in Bankruptcy Case
FTX has received permission to edit the names of clients in the documents used in its bankruptcy case.
Nasdaq to Acquire Financial Services Software Company Adenza
Nasdaq today, June 12, announced the purchase of Adenza, a company that specializes in creating risk management software and related regulation for the financial services market.
Nike Renews Relationships With Retailers in Shift From D2C Focus
Nike products will be available again in the warehouses of designer shoes.
SoFi Debuts Student Loan Tool
SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.
BNY Mellon Partners With MoCaFi on Payments to the Unbanked
The new service from BNY Mellon Partners and MoCaFi is designed for federal, state and local governments and corporations looking to reach those who are unbanked or underbanked
FTC Returns $392 Million to Consumers After Law Enforcement Actions
In the United States, the Federal Trade Commission (FTC) last year returned $392 million to citizens after a refund made possible as a result of the actions of law enforcement officers.
Wall Street Makes Moves into the Realm of Crypto Exchange
Wall Street has made some profound changes recently with the announcement that some larger traditional firms are seeking to engage with newer crypto exchanges.
Apple Uses Innovative Iris Biometrics for New VR Headset, Acquires AR Startup Mira
Apple aims to expand a range of virtual reality products, such as its new Vision Pro VR headset that supports Optic ID, with the acquisition of AR startup Mira, which provides hands-free, smartphone-powered headsets purpose-built for industrial applications
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