Tencent, along with other major players in China’s online gaming industry, experienced a staggering loss of approximately $43.5 billion in market value. This substantial decrease came as a surprise to financial markets following the release of draft guidelines by China’s National Press and Publication Administration. As a result, shares of Tencent, NetEase, and Bilibili, three
Beeper, the messaging platform known for its relentless pursuit of bringing Apple’s iMessage to Android phones, has reluctantly announced the release of its final update. After numerous attempts and workarounds involving Mac access, Beeper now claims its efforts to make iMessage work on Android devices are “unsustainable.” In a blog post published recently, the company
The U.S. Food and Drug Administration (FDA) has granted approval for Eplontersen (Wainua) as a treatment option for polyneuropathy associated with hereditary transthyretin-mediated amyloidosis (ATTR). This significant development was jointly announced by Ionis Pharmaceuticals and AstraZeneca. ATTR-PN, which affects a global population of around 30,000 to 40,000 individuals, occurs due to a mutation in the
The U.S. President Joe Biden is set to sign an executive order that would grant Washington the authority to impose sanctions on financial institutions aiding Russia to evade existing sanctions. Treasury Secretary Janet Yellen revealed that the new executive order, which is part of a broader U.S. crackdown on sanctions avoidance, would also empower the
In a shocking turn of events, a former stockbroker named James Patten has pleaded guilty to securities fraud charges in connection with manipulating the stock of Hometown International, a company that only owned a single money-losing deli in southern New Jersey. Patten also admitted to conspiring with two other individuals to manipulate the share price
In a highly competitive streaming market, Apple TV+ has managed to make waves with its recent successes. The platform has broken records and seen significant growth in viewership, marking a turning point for the tech giant’s streaming service. With a lineup of star-studded shows and strategic partnerships with theatrical studios, Apple TV+ is reshaping the
Anthropic, an OpenAI rival, is reportedly in discussions to secure a $750 million funding round. The investment is being led by Menlo Ventures and could potentially value Anthropic at up to $18.4 billion. This latest development comes after Anthropic had already raised $750 million from funding rounds earlier this year, involving prominent companies such as
Cryptocurrency exchange Coinbase has recently obtained registration with the French markets regulator, allowing the company to expand its operations in another significant European market. This approval, known as a virtual asset service provider (VASP) registration, grants Coinbase the ability to offer a range of digital currency services in France. The move reflects the company’s commitment
The Vivo X100 series has been making waves in the Chinese smartphone market since its launch last month. With the regular Vivo X100 and Vivo X100 Pro already gaining popularity, a new addition is expected to join the lineup soon – Vivo X100 Pro+. Although there is no official confirmation yet, leaked details about this
In a groundbreaking development for the Super League project, the European Court of Justice (ECJ) delivered a verdict on Thursday that condemned UEFA for “abusing a dominant position” in its control of European football. The Super League, in partnership with A22 Sports, staunchly argued that UEFA’s prohibition of the proposed competition and its threats of