Meta forced to sell Giphy by UK Competition Council

Giphy, the GIF animation hosting service bought by Facebook in 2020, will have to change ownership. The UK Competition and Markets Authority (CMA) has ruled that the acquisition restricts competition in the market and Meta, the current owner, will have …

Nasdaq Composite hits record high amid positive earnings

The U.S. stock market is enjoying a bullish rally today, adding to the rally that began on Monday, spurred by impressive earnings reports from Wall Street companies. Futures linked to the Nasdaq 100 are up 2.32%, those linked to the …

Nothing Ear headphones (1) are 50% more expensive than the launch price

We’re not only facing a chip shortage that’s been going on for a couple of years now, but also huge global inflation, and that’s been seen lately in higher prices for many new products. Apple has increased the price of …

Vkontakte and other Russian apps return to iPhone

After removing Vkontakte and other related Russian-origin social network apps due to new UK sanctions on Russia, Apple appears to have changed its mind. So, after three weeks of absence, “Russian Facebook”, Mail.ru and other “related” apps are back on …

Bank of America and JPMorgan say U.S. economy is doing well, consumers in good shape despite inflation

Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “Consumers have more money in their accounts than before the pandemic“, said …

Apple launches iPad 10 with USB-C, iPad Pro with M2 processor and Apple TV 4K with A15

Without holding a lengthy unveiling event, Apple announced the new 10th generation iPad tablets and new iPad Pro models with M2 processors directly on its official website. The announcement of these tablets was inevitable, as it’s been about a year …

EU commissioner urges U.S. to create new rules for crypto-currencies and says “we need to consider global regulation of crypto-currencies”

The European Commission’s financial services commissioner has reportedly urged U.S. lawmakers to create new rules to regulate the crypto industry. “We do need to see other players legislating as well… We need to look at global regulation of crypto“, said …

DOGE vs SHIB: Which Memecoin will be more successful in the upcoming Bull Run?

What started as a cryptocurrency crash still continues to plague the cryptocurrency market with the bear market situation. With the institutional adoption of memecoins, it has become easier for them to be adopted by the general public. In addition, strong …

TikTok will have an adult content option, but not on the OnlyFans model

Motivated more by the negative image left by the many not-so-underage-friendly live streams, ByteDance is officially introducing “adult content”, with the setting to be ticked on its own initiative by TikTok creators who want to warn their followers. At the …

Twitter: Elon Musk deal to close, employee stock accounts frozen!

According to BloombergTwitter has reportedly locked up its employees’ stock accounts in anticipation of a deal. This could be an indication of an impending deal with Elon Musk’s purchase of Twitter. However, it remains to be seen if the terms …

EU about to ban the most energy-efficient TVs

The same rules that have driven truly powerful vacuum cleaners off the market are about to ban most 8K TVs, as well as some high-end 4K TVs. Surely, when you’re shelling out over €1000 on the purchase of a high-end …

Bankrupt hedge fund Three Arrows Capital under investigation by SEC and CFTC for possible legal violations

Reports indicate that bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) is facing new problems from liquidators and financial authorities at the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). The whereabouts of the hedge fund’s …