Binance Has Named Co-Founder Yi He as the New Head of VC Arm Binance Labs

Binance Has Named Co-Founder Yi He as the New Head of VC Arm Binance Labs

Binance has announced that co-founder Yi He will take over as head of its venture capital investing and incubator arm, Binance Labs. The operation has invested in over 200 projects in the blockchain space, and Binance says it manages assets totaling $7.5 billion (roughly Rs. 59,374 crore), making it one…

SpaceX Launches South Korea’s First Lunar Orbiter Danuri on Falcon 9 Rocket

SpaceX Launches South Korea’s First Lunar Orbiter Danuri on Falcon 9 Rocket

South Korea’s first lunar orbiter successfully launched on a year-long mission to observe the Moon, Seoul said Friday, with the payload including a new disruption-tolerant network for sending data from space. Danuri — a portmanteau of the Korean words for “Moon” and “enjoy” — was on a Falcon 9 rocket…

Google Asked to Block Banned Groups, Organisations From YouTube in Nigeria

Google Asked to Block Banned Groups, Organisations From YouTube in Nigeria

Nigeria asked Google to block the use of YouTube channels and livestreams by banned groups and terrorist organisations in the country, Information Minister Lai Mohammed said on Thursday. Nigeria has been exploring ways to regulate social media usage in the country, Africa’s most populous. The country is home to millions…

Blockchain.com Gains Regulatory Approval to Offer Crypto and Digital Wallet Services in Italy: Details

Blockchain.com Gains Regulatory Approval to Offer Crypto and Digital Wallet Services in Italy: Details

London-based crypto firm Blockchain.com said on Thursday it had registered as a virtual asset service provider in Italy, the latest in a string of digital asset firms to do so. Italy created a special registry with its brokerage regulator in February to list crypto operators with a stable presence in…

5G Should Be Priced at Premium to 4G With More Data, Overall Tariffs Expected to Rise, Vodafone Idea MD Says

5G Should Be Priced at Premium to 4G With More Data, Overall Tariffs Expected to Rise, Vodafone Idea MD Says

Debt-ridden Vodafone Idea expects 5G to be priced at a premium with more data bundled with plans compared to 4G services at present, a top company official said on Thursday. Vodafone Idea (VIL) Managing Director and Chief Executive Officer Ravinder Takkar, during an earnings call, said the company has spent…

Tesla to Seek Investor Approval on Second Stock Split at Annual General Meeting: Details

Tesla to Seek Investor Approval on Second Stock Split at Annual General Meeting: Details

Tesla will host its annual general meeting on Thursday, with the world’s most valuable automaker’s proposal for a second stock split in as many years set to take center stage for investors gathered in Austin, Texas. Also on the agenda are shareholder proposals for corporate governance-related items, including endorsing the right…

Taiwan Plagued by Cyberattacks on Convenience Stores, Train Stations Over Nancy Pelosi Visit

Taiwan Plagued by Cyberattacks on Convenience Stores, Train Stations Over Nancy Pelosi Visit

As US House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing, the welcome she received from government officials and the public was in sharp contrast with a different sort of message that began popping up elsewhere on the island.  On Wednesday, in some…

Xiaomi Leads Indian Smartphone Market Share With 20 Percent Share in Q2 2022, CMR Report Says

Xiaomi Leads Indian Smartphone Market Share With 20 Percent Share in Q2 2022, CMR Report Says

Chinese smartphone company Xiaomi led the Indian smartphone market during the April-June 2022 period despite a 22 percent decline in its sales volume, a Cyber Media Research (CMR) report said on Thursday. Xiaomi stayed on top position with 20 percent market share, followed by Samsung with 18 percent share. The Korean…