JP Morgan, one of the largest banks in the US, has not shied away from expressing its belief in the crypto sector despite the fluctuations affecting the market. As highlighted in its latest Global Markets Strategy report, JP Morgan is expecting the crypto industry to undergo significant changes with the onset of 2023. Along with
Europe
NASA’s Orion spacecraft was placed in lunar orbit Friday, officials said, as the much-delayed Moon mission proceeded successfully. A little over a week after the spacecraft blasted off from Florida bound for the Moon, flight controllers “successfully performed a burn to insert Orion into a distant retrograde orbit,” the US space agency said on its
Bollywood legend and veteran actor Amitabh Bachchan filed a suit in Delhi High Court seeking protection of his personality rights, image, voice or any of his characteristics without his consent, following which the court passed an interim ex-parte injunction in his favour. Eminent lawyer Harish Salve along with Ameet Naik and Pravin Anand, instructed by Anand and Naik,
Under a planned amendment to the UK’s new Online Safety Bill, people who share so-called “deepfakes” — explicit images or videos which have been manipulated to look like someone without their consent — will be among those to be specifically criminalised for the first time and face potential time behind bars. The UK government said it
Cryptocurrency exchange Binance said on Thursday it was committing $1 billion (nearly Rs. 8,200 crore) to establishing an industry recovery initiative (IRI) to invest in companies from the digital assets sector. The move comes at a time when the crypto market is teetering from the collapse of FTX, which is seeking Chapter 11 bankruptcy protection
Motorola’s rumoured latest lower-end smartphone which could be called the Motorola Penang has been tipped through the latest image leak by tipster Evan Blass. The image showcases the smartphone sporting a case that features flat sides and rounded corners. The image also suggests that the Motorola Penang may feature a flat back with two cutouts
Defunct cryptocurrency lending company Celsius Network has announced that the bankruptcy court has granted its motion to “set the bar date” for customers to file a claim. Per the announcement, customers now have until January 3, 2023, to file their proof of claims. Celsius further said a notice on the bar date, and steps to
The Broadband India Forum (BIF) has asserted that Over-The-Top (OTT) communications service should be excluded from the elements mentioned in the definition of telecommunication services, as the industry body gave its submissions on the draft telecom bill. BIF said many strong and substantive reasons sharply differentiate OTTs from telecommunications. “By bringing the OTTs under the
Filmmaker R Balki’s Chup: Revenge of the Artist is set to have its OTT premiere on Zee5 on November 25, the streamer announced Saturday. Starring Sunny Deol, Dulquer Salmaan and Shreya Dhanwanthary, the thriller chronicles the story of a psychopath killer targeting film critics. The movie had received mixed reviews from the critics when it was
Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. FTX, along with about 101 affiliated firms, also sought court relief to allow the operation of a new global cash management system and payment to its critical
FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said. Bankman-Fried has sought to explain the implosion of FTX and disparaged government regulators in posts on Twitter and conversations with reporters. Attorneys said such statements will
The United States and Bahamas authorities are discussing the possibility of bringing Sam Bankman-Fried to the US for questioning as new legal proceedings against FTX and its former CEO were also launched on Wednesday. SBF’s collapsed crypto exchange FTX, which filed for bankruptcy in the US last week, has fanned fears about the future of
Smartphone companies and industry organisations have agreed to a phased rollout of a uniform charging port for all electronic devices, the Consumer Affairs Ministry said on Wednesday. A sub-group will be set up to examine the feasibility of uniform charging ports for wearables, it said. This was decided during a discussion in the meeting of
Microsoft Surface Laptop 5, and Surface Pro 9 were launched in India on Tuesday. The company’s Surface-branded laptops will be available for purchase in India by the end of the month. The Microsoft Surface Pro 9 and Surface Laptop 5 models are equipped with 12th Gen Intel Core i5 and i7 processors, and are certified
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces. The New York Times said in a report Monday that Amazon plans to lay off approximately 10,000 people in “corporate and technology
At least $1 billion (nearly Rs. 8,050 crore) of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion (nearly Rs. 80,500 crore) of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters. A
Pakistan and England are all set to clash against each other as they play to win the ICC T20 Men’s World Cup Finals on Sunday, November 13. While Pakistan defeated New Zealand in semifinals to reach the final lag, England registered their victory against India by 10 wickets. Both the teams qualified for semifinals after
Crypto exchange FTX filed US bankruptcy proceedings on Friday and Sam Bankman-Fried stepped down as CEO, after a rapid liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed crypto trading platform had been struggling to raise billions in funds to stave off collapse after traders rushed to withdraw
The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn in crypto prices. FTX had agreed earlier this week to sell itself to bigger rival Binance after experiencing the cryptocurrency equivalent of
The Karnataka High Court has directed the authorities to install GPS tracking systems on ambulances in the state to enable them to travel uninterrupted in traffic. A division bench of the High Court headed by Chief Justice Prasanna B Varale gave this direction after hearing a petition by Bharat Punaruttana Trust. The High Court then
Realme GT Neo 4 is believed to be in the works as a rival to the Redmi K60. The Shenzhen company is yet to delve into any details regarding the specifications and launch date of this smartphone. A reliable tipster has now shared some of its key specifications. This Realme handset is said to feature
Redmi K60 series specifications have leaked once again with some additional camera details. The lineup with vanilla Redmi K60 and Redmi K60 Pro is expected to launch soon as flagship offerings from the Xioami sub-brand, but the company has not shared a release date yet. As per the new leak, one of the phones will
PlayStation 5 is getting more expensive in India — by at least 10 percent. On Saturday, Sony India quietly updated the prices for both variants of Sony’s elusive next-gen console, PS5 and PS5 Digital Edition, on the Sony Center website ShopAtSC. The 4K Blu-ray-equipped PlayStation 5 now costs Rs. 54,990, up 10 percent from its
The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 1 lakh on Cloudtail India for selling pressure cookers on Amazon in violation of mandatory BIS standards. The authority has asked Cloudtail to recall 1,033 pressure cookers and also reimburse the money to customers. According to an official statement, CCPA — headed by
NASA rolled out its largest-ever rocket, Space Launch System (SLS), to a launch pad in Florida on Friday and will try again 10 days from now to blast off on a much-delayed uncrewed mission Artemis I to the Moon. After two launch attempts were scrubbed this summer because of technical problems, the rocket returned to the Vehicle
AMD has unveiled the brand new Radeon RX 7900 XT and Radeon RX 7900 XTX, its latest high-end GPUs based on the all-new RDNA 3 architecture and manufactured using multiple scalable ‘chiplets’ which have been fabricated on a 5nm process. Both will be available around the world starting from December 13. While the flagship Radeon
Electronic Arts (EA) lowered its annual bookings forecast on Tuesday as the publisher of FIFA and Apex Legends struggles with this year’s surge in the US dollar and a gaming industry slowdown from pandemic heights. The company now expects annual bookings – an indicator of future revenue – between $7.65 billion (roughly Rs. 63,280 crore) and
Google Workspace Individual paid-upgrade that was announced in 2021 has now received improvements from the search engine giant in terms of increased storage capacity and advanced email personalisation. Google Workspace Individual accounts will now include 1TB of secure cloud storage which will be automatically upgraded from their existing 15 GB of storage, confirmed a company
SpaceX is targeting early December to launch its giant Starship rocket system into orbit for the first time, a pivotal demonstration flight as it aims to fly NASA astronauts to the moon in the next few years, a US official said on Monday. Billionaire Elon Musk‘s SpaceX has sought for years to send its towering
Bharat Sanchar Nigam Limited (BSNL) has launched new tariff offers for its prepaid users this Diwali. The new plans, applicable to all prepaid users across the country, come with different benefits. BSNL’s Diwali Offer 2022 has introduced two tariff plans worth Rs. 1198 and Rs. 439. While the Rs. 1198 plan brings with it a
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