Category: Technology
kharge: Government will probe bitcoin scam, says Karnataka minister Priyank Kharge
[ad_1] The Karnataka government will order a probe into the Bitcoin scam and others that the Congress fought as the Opposition, the state’s new minister Priyank Kharge said Sunday. “This is our sixth guarantee to the people,” he told ET. The probe team would take the help of cybercrime experts, go deep into the case ...
esports industry us: The esports world is starting to teeter
[ad_1] Six years ago, the Madison Square Garden Co., a group that includes James Dolan, owner of the New York Knicks and the New York Rangers, announced a triumphant entrance into sports’ next frontier: a professional video game league. The New York investors spent more than $10 million to purchase a majority stake in Counter ...
Silver Lake acquisition: Silver Lake acquires minority stake in cloud software maker TeamSystem for $660 million
[ad_1] Italian cloud software maker TeamSystem said on Friday that private equity firm Silver Lake has agreed to acquire a minority stake in the company from Hellman & Friedman (H&F). The investment is worth €600 million ($660.48 million), TeamSystem said in a statement, adding that H&F will remain the majority shareholder after the transaction closes. ...
angel tax startups: For VCs, renewed angel tax kills devil in details
[ad_1] Venture capital (VC) investors welcomed the changes proposed by the government to angel tax provisions that were originally announced in the Union budget for 2023-24, saying they provide much-needed clarity on incidence of the tax while preventing it from being arbitrarily applied. “The proposed norms aim to expand valuation methodologies and eliminate price differentials ...
Jeff Bezos: Jeff Bezos’ new yacht is finally ready to set sail
[ad_1] Just in time for the high season of yachting in the Mediterranean, when multimillion-dollar megayachts descend on ports such as Monte Carlo and St. Tropez, Amazon founder Jeff Bezos has been photographed with his partner Lauren Sanchez on his new boat, Koru, off the coast of Spain. Bezos’ vessel is a sailing yacht, a ...
unipol: Elon Musk’s SpaceX and Italy’s Unipol join forces to help Italians hit by flooding
[ad_1] Elon Musk‘s SpaceX and Unipol Gruppo agreed to join forces to help people hit by flooding in northern Italy connect to the Internet, facilitating rescue operations, the Italian insurer said on Saturday. Torrential rains devastated the eastern side of the Italian region of Emilia-Romagna, killing 14 people, causing billions of euros worth of damage ...
mark zuckerberg: Mark Zuckerberg’s fortune grew $44 billion this year, most among billionaires
[ad_1] Mark Zuckerberg was all-in on the metaverse last year, willing to spend whatever it took to dominate virtual reality. And it cost him, big time. At one point his wealth fell more than $100 billion from its high — a stunning decline for the millennial who just a few years ago was the world’s ...
ai content: AI-generated content discovered on news sites, content farms and product reviews
[ad_1] Dozens of fringe news websites, content farms and fake reviewers are using artificial intelligence to create inauthentic content online, according to two reports released on Friday. The misleading AI content included fabricated events, medical advice and celebrity death hoaxes, the reports said, raising fresh concerns that the transformative technology could rapidly reshape the misinformation ...
nft: NFTs belonging to bankrupt crypto firm fetch nearly $2.5 million at auction
[ad_1] Auction house Sotheby’s announced Friday seven non-fungible tokens from bankrupt cryptocurrency hedge fund Three Arrows Capital sold for about $2.5 million. Of the tokens, “Fidenza #725,” an image with graphic dashes and curves in a muted palette of cream, yellow, pink and black, fetched the highest price at over $1 million. Three Arrows Capital ...
nasa: Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander
[ad_1] A team led by Jeff Bezos‘ space company Blue Origin won a coveted NASA contract to build a spacecraft that will send astronauts to and from the moon‘s surface, NASA’s chief announced on Friday, capping a high-stakes contest. NASA’s decision will give the agency a second ride to the moon under its Artemis program, ...