US President Joe Biden Signs Pact With Internet Companies to Reduce Prices for Low-Income Americans

US President Joe Biden Signs Pact With Internet Companies to Reduce Prices for Low-Income Americans

The Biden administration announced on Monday that 20 Internet companies have agreed to provide discounted service to low-income Americans, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy. The $1 trillion (roughly Rs. 77,37,100 crore) infrastructure package passed by…

Binance Has Halted Crypto Derivatives Trading in Spain: Here’s Why

Binance Has Halted Crypto Derivatives Trading in Spain: Here’s Why

Binance, one of the world’s biggest crypto exchanges by transaction volume has decided to disable its derivatives services in Spain while seeking regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV), a government agency responsible for the financial regulation of the securities markets in the country. Binance’s website…

India Should Stop ‘Regulatory Assault’ on Chinese Firms, Chinese State Media Says After Xiaomi Accusations

India Should Stop ‘Regulatory Assault’ on Chinese Firms, Chinese State Media Says After Xiaomi Accusations

India should stop its “regulatory assault” on Chinese companies, state-backed Chinese newspaper Global Times said, after smartphone maker Xiaomi alleged threats of “physical violence” in Indian investigations. Reuters reported on Saturday that Xiaomi had told a court that its top executives faced threats and coercion during questioning by the Enforcement…

Bitcoin Slips to Four-Month Low as Crypto Market Continues to Follow ‘Risk Asset’ Pattern

Bitcoin Slips to Four-Month Low as Crypto Market Continues to Follow ‘Risk Asset’ Pattern

Bitcoin has witnessed a sharp fall in value yet again following dips through Saturday and Sunday as equity markets across the world also saw a considerable slump during the same time frame. In terms of value, Bitcoin was moving closer to the $40,000 (roughly Rs. 30.5 lakh) mark on early…

Farhan Akhtar to Appear in Ms Marvel Series, Out June 8 on Disney+ Hotstar

Farhan Akhtar to Appear in Ms Marvel Series, Out June 8 on Disney+ Hotstar

Actor-filmmaker Farhan Akhtar will be making an appearance in Ms Marvel, the first Muslim superhero series from Marvel Studios. The Disney+ show will be the first Hollywood project for Akhtar, who is known for starring in hits like Rock On!, Zindagi Na Milegi Dobara, Bhaag Milkha Bhaag and Dil Dhadakne…

Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

The Enforcement Directorate on Saturday rejected as “baseless” the allegations that the statements of Xiaomi India officials, the wholly-owned subsidiary of Chinese mobile manufacturing company Xiaomi, were recorded “under coercion”, saying the charges were an afterthought. The federal agency was responding to certain news reports that said Xiaomi alleged in…

Nvidia to Pay .5-Million SEC Penalty for ‘Inadequate Disclosures’ About Cryptomining

Nvidia to Pay $5.5-Million SEC Penalty for ‘Inadequate Disclosures’ About Cryptomining

Nvidia Corporation has agreed to pay $5.5 million (roughly Rs. 42 crore) to settle civil charges that the technology firm did not properly disclose the impact of cryptomining on its gaming business, the US Securities and Exchange Commission (SEC) said on Friday. In back-to-back quarters in fiscal 2018, Nvidia failed…