KULR Technology Aims to Raise $300 Million to Increase Bitcoin Holdings
Simply put Kulr is aiming to raise $300 million in a new funding effort, part of which will support its Bitcoin strategy. The company currently holds 920 Bitcoin, valued at nearly $100 million. Kulr is among several public companies adopting this growing trend. Kulr Technology Group is looking to gather $300 million to enhance its […]
Walmart is now offering credit cards through its own financial technology company after ending its partnership with Capital One.
Walmart’s New Credit Card Initiative Walmart will introduce Capital One Walmart Credit Card signs on Tuesday, November 19, 2019, at its store in Mountain View, California. On Monday, Walmart’s fintech venture, One Pay, announced plans to roll out credit cards in collaboration with banking partners for its customers, marking an interesting evolution for the retailer. […]
Early Twitter Investor Creates $100 Million Bitcoin Fund for Health Technology Company
Simply put HealthTech Firm plans to purchase 1,000 Bitcoin for its Corporate Treasury, valued at over $100 million. Fintech investor Greg Kidd has acquired a significant stake in the company and will become the CEO after the deal is finalized. Know Labs is among the latest public companies to initiate Bitcoin purchases. Another public company, […]
Achieving the goal: A substitute for facial recognition technology
For a long time, Hollywood has fascinated audiences with its vision of futuristic disguises, which, until now, felt like pure imagination. Things like silicon masks, faux contact lenses, and 3D printed biometric gadgets became staples in famous spy films, particularly the “Mission: Impossible” series. But, interestingly, what once belonged to the realm of fiction is […]
Lawmakers debate preventing state AI regulations due to rising technology worries
As artificial intelligence reshapes American life, Congress is taking steps to implement safeguards. The House recently passed a settlement package included in Section 43201, affecting state and local regulations on AI models, systems, and decision-making processes over the next decade. In response, the Senate introduced its own moratorium, aiming to restrict federal broadband funding to […]
China conceals equipment in solar technology that may impact U.S. trade, according to an expert.
A former NSA analyst has raised concerns that China is placing equipment in key locations potentially aimed at disrupting U.S. commerce. This comes after U.S. experts found unauthorized communication devices in solar inverters made in China, which were not listed in the official product documentation. According to the analyst, these rogue inverters can bypass firewalls […]
China conceals technology in solar equipment that might impact U.S. trade, according to an expert.
A former analyst from the National Security Agency has expressed concerns about China strategically placing equipment that could potentially disrupt U.S. commerce, following the discovery of unauthorized communication devices in Chinese solar inverters. U.S. experts stumbled upon an undocumented device during inspections aimed at identifying security issues in these inverters. The findings were shared with […]
Citi intends to reduce 3,500 technology positions in China as banks worldwide aim to lower expenses.
Citigroup Plans Job Cuts in China Hong Kong, China – 07/06/2024: Pedestrians walk past a Citibank branch in the city. Citigroup announced on Thursday that it intends to eliminate approximately 3,500 tech positions in China as part of an effort to refine its global operations and reduce expenses. These layoffs are expected to occur at […]
How data sharing technology is changing the approach police take to combat human trafficking
Flock Safety Unveils Flock Nova to Aid Law Enforcement Law enforcement agencies across the U.S. are starting to utilize Flock Nova, and initial results are promising. Flock Safety has introduced a new product, Flock Nova, designed to enhance safety for civilians by addressing crucial but often ignored issues such as data sharing and access. The […]
Reasons Behind the Surge in Credo Technology Stock Today
Shares of CREDO Technology Group, a provider of high-speed connectivity solutions based in San Jose, rose by 24.5% by 10:10 AM ET this morning after surpassing analyst expectations last night. Looking ahead to the fourth quarter of 2025, analysts had anticipated earnings of only $0.27 per share and sales below $100 million. In reality, CREDO […]