Venmo to allow cryptocurrency transfers on and off platform in response to growing demand
Venmo, a leading mobile payment platform owned by PayPal, would soon offer a new feature allowing its users to transfer cryptocurrencies on and off the...
Oxfam Study shows Irish workers suffered 3.9% pay cut due to inflation in 2022
Oxfam, a global charity, has released new research on International Workers’ Day revealing that workers in Ireland faced a 3.9% pay cut last year due...
Qatar Airways Plans to Launch Boeing 737 MAX 8 Commercial Flights on May 15th
Qatar Airways is scheduled to operate its first commercial flight using a Boeing 737 MAX 8 on May 15th, according to its filing with OAG...
Sony set to introduce its latest flagship Xperia 1 V smartphone
Sony is set to introduce its latest flagship Xperia smartphone in less than two weeks. However, ahead of the official launch, a billboard in Hong...
JPMorgan Chase wins auction for First Republic bank in biggest U.S. bank failure since 2008 crisis
Regulators have seized control of First Republic, marking the third US bank failure since March. JPMorgan Chase emerged as the winning bidder for the ailing...
Saudi’s eXtra cancels expansion plans in Egypt due to feasibility concerns
eXtra, the Saudi consumer electronics company, has announced that it will no longer pursue expansion plans in Egypt following a feasibility study, citing negative financial...
BitOasis becomes first broker-dealer to receive operational license from Dubai crypto regulator VARA
BitOasis, a crypto exchange based in the United Arab Emirates, has become the first broker-dealer to receive an operational license from Dubai’s Virtual Asset Regulatory...
Quest Diagnostics acquires oncology company Haystack for $450 million
Quest Diagnostics, a provider of diagnostic information services based in Seacaucus, New Jersey, has acquired Haystack Oncology, an early-stage oncology company based in Baltimore, Maryland,...
Japan’s Astellas Pharma to acquire U.S. drugmaker Iveric Bio for $5.9 billion
Astellas Pharma, Japan’s third-largest drugmaker by sales, has announced its biggest-ever acquisition with the purchase of US-based Iveric Bio for around $5.9 billion. The deal...
G7 agrees on “risk-based” regulation for AI, ChatGPT in focus
Digital ministers from the Group of Seven (G7) nations have agreed on Sunday to adopt “risk-based” regulations on artificial intelligence (AI), in a move that...
US Bitcoin mining costs soar to $17,000 per BTC due to rising electricity rates and operational costs
The cost of Bitcoin mining has surged to over $17,000 per coin in the United States, up from the $5,000-10,000 range a year ago, due...
Samsung’s Next-Generationg Galaxy Z Fold 5 and Galaxy Z Flip 5 to Offer Larger Cover Display and Teardrop Hinge Design”
Samsung, one of the leading manufacturers in the smartphone industry, is gearing up to launch its latest line of foldable devices, the Samsung Galaxy Z...