The Enforcement Directorate in India exposed a massive money laundering scheme involving Rs 1,646 crore, centered around the BitConnect lending program. The investigation involved untangling complex transactions hidden in numerous crypto wallets, revealing digital tricks…
Alphabet's quantum chip, Willow, completed a task in under five minutes, which would take classical supercomputers 10 septillion years. The breakthrough sparked volatility in stock markets, with Rigetti Computing's shares rising amid excitement over quantum…
Qualcomm's stock rise is driven by AI innovations and 5G developments. The company is leveraging AI-integrated chips to enhance consumer and enterprise experiences. Qualcomm's leadership in 5G technology boosts investor confidence with its extensive portfolio…
Chicago's South Side is set to become a hub for quantum computing, transforming former steel manufacturing sites into a center of technological progress. The project involves a substantial $500 million state investment, aiming to create…
Major American banks are actively exploring cryptocurrency services, driven by a shifting regulatory landscape. State Street is planning to launch a digital asset custody service, highlighting the growing importance of digital currencies. BNY Mellon has…
Blockchain.com, a leading cryptocurrency exchange, is preparing for a potential IPO by enhancing its executive team with financial experts. Justin Evans, former Goldman Sachs executive, joins as CFO, while Mike Wilcox steps in as COO,…
EverCommerce has steadily improved its Returns on Capital Employed (ROCE), rising to 2.1% from past losses. The company remains below the software industry's average ROCE of 8.6%, but its progress signals operational strength. EverCommerce demonstrates…
Qualcomm leverages 5G and AI technologies to drive smart city, autonomous vehicle, and IoT device innovations. AI-enhanced chips boost device performance, impacting smartphones and automotive technology. Qualcomm's strategic expansion into automotive, AR, and VR sectors…
Aytu BioPharma aims for a notable shift from losses to profitability, with a market cap of $8.5 million and a breakeven target by 2025. Analysts project a transition to profits by 2024, with anticipated earnings…
The SEC has temporarily paused its lawsuit against Binance, potentially indicating a shift in U.S. crypto regulation. A new crypto task force aims to establish clear guidelines, focusing on differentiating between crypto securities and commodities.…
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