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The lawsuit accused Musk of engaging in practices that artificially inflated Dogecoin's price, which reportedly surged over 36,000% before experiencing a sharp decline. Plaintiffs claimed that Musk's public statements and social media activity misled investors, constituting market manipulation.Legal Proceedings: Throughout the legal process, Musk and Tesla sought to have the lawsuit dismissed, arguing that the claims were unfounded. A Manhattan federal judge had previously dismissed the lawsuit

Goldman Sachs' holdings include a major position in BlackRock's iShares Bitcoin Trust, which constitutes a significant portion of their total investment in Bitcoin ETFs. This shift indicates a notable change in the bank's stance towards cryptocurrency.Recent Filings: The disclosures were made in 13F SEC filings, which detail the bank's investment positions. As of June 30, Goldman Sachs reported holding around $418 million in spot Bitcoin ETFs, with the total now exceeding $710 million as of the

The HKMA emphasized that only licensed institutions are permitted to use the term "bank" in their operations. The misuse of this terminology by unlicensed crypto firms could mislead consumers and violate local regulations, specifically the Banking Ordinance.

Specific Cases: In a recent press release, the HKMA pointed out that two overseas crypto firms had made misleading claims, including referring to themselves as banks and describing their products in banking terms, such as "deposits" and "ban

Cheung's elevation to this prominent position signals Trump's intent to maintain a strong and assertive communication strategy in his upcoming term. As communications director, Cheung will be responsible for managing the White House's messaging and public relations, a critical role as the administration navigates both domestic and international challenges.

The proposed price of $135 per share represents a significant valuation for SpaceX, reflecting its growth and the increasing interest in private space exploration and satellite technology.

Valuation Context: This tender offer would position SpaceX as one of the most valuable private companies in the world, highlighting its leadership in the aerospace sector and its advancements in satellite internet services through Starlink.

On Thursday, the European Union published its first draft of a Code of Practice for general purpose AI (GPAI) models. The document, which won’t be finalized until May, lays out guidelines for managing risks — and giving companies a blueprint to comply and avoid hefty penalties.

Overview of the EU's Code of Practice for General Purpose AIOn Thursday, November 14, 2024, the European Union published its first draft of a Code of Practice for general-purpose AI (GPAI) models. This draft is a signifi

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: The tool will utilize AI-generated voices of participating artists, such as Charlie Puth, Charli XCX, Demi Lovato, and John Legend. This feature allows creators to incorporate recognizable vocal styles into their remixes, adding a new layer of creativity.Select Song Availability: Initially, only a limited selection of songs will be available for remixing during this experimental phase. YouTube has not yet disclosed which specific tracks will be included in the test.

The avatar's primary goal is to foster a fun and educational environment around sports analytics, helping viewers understand the data behind the games they love. By presenting information in an engaging format, FACTS aims to attract a broader audience, including those who may not typically engage with sports statistics.

The primary goal of Earth Copilot is to simplify access to complex Earth science data, making it more accessible to a broader audience beyond just specialists. This initiative aims to empower researchers, educators, and the general public to engage with and utilize NASA's extensive geospatial information

ETF analyst Eric Balchunas recently indicated that the momentum for spot Bitcoin ETF options is building, stating that "the ball" is now with the Options Clearing Corporation (OCC). He forecasts that these options will "list very soon," following the recent clearance from the Commodity Futures Trading Commission (CFTC), which has passed a significant regulatory hurdle for these products

Acquisition of ASIC Miners: To support the new facility, Hive has ordered 6,500 ASIC miners from Canaan. These new machines are expected to be delivered in batches, with the first 500 arriving shortly and the remainder scheduled for early 2025.Increased Hashrate: With these upgrades, Hive aims to raise its total mining capacity from 5.6 EH/s to 8 EH/s by mid-2025. This substantial increase in hashrate will position Hive more competitively in the Bitcoin mining sector.

Substantial Holdings: Goldman Sachs' recent filings reveal that the bank holds shares in multiple Bitcoin ETFs, with its largest investment being in the iShares Bitcoin Trust (IBIT), valued at around $238.6 million. Other notable holdings include Fidelity's Bitcoin ETF (FBTC) and Invesco Galaxy's BTC ETF (BTCO), among others.

Allocation of Cash Reserves: Solidion plans to commit 60% of its excess operational cash to Bitcoin purchases. This includes converting interest earnings from money market accounts into Bitcoin, which reflects a proactive approach to managing its financial resources.

The launch of Symphony Creative Studios is expected to significantly boost TikTok's ad business by attracting more advertisers looking for efficient and effective ways to create video content. By integrating generative AI into its offerings, TikTok positions itself as a leader in innovative advertising solutions, potentially increasing engagement and return on ad spend for brands.

The introduction of the Gemini app on iOS represents a strategic move by Google to expand its presence in the mobile AI space, providing iPhone users with access to cutting-edge voice assistant technology. This development is part of a broader trend in which tech companies are enhancing their AI offerings to compete in the rapidly evolving digital landscape.

Murito highlighted that fibre optic cables should be considered critical infrastructure. This classification would help safeguard these essential communication networks from increasing attacks, particularly from criminal syndicates that have been damaging infrastructure to steal equipment like batteries and generators

Role of HHS: The Department of Health and Human Services oversees a wide range of critical areas, including drug and vaccine safety, food safety, and medical research. Kennedy's leadership in this department will be closely scrutinized given his controversial views on vaccines Kennedy, who recently dropped out of the 2024 presidential race to endorse Trump, is expected to bring a unique perspective to the role. His nomination is part of a broader trend of provocative appointments by Trump, which