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WhatsApp Had No Plans to Compete With Facebook, Co-Founder Says
WhatsApp co-founder Brian Acton said that the messaging app had no plans to compete with Facebook. Acton was present at a federal courthouse in Washington to testify in the ongoing US Federal Trade Commission’s antitrust trial against Meta Platforms.
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Meta Asks Judge to Rule that FTC Failed to Prove its Monopoly Case
Meta Platforms asked a federal judge on Thursday to throw out the US Federal Trade Commission's case that accuses it of illegal social media monopoly. Meta is now presenting its own evidence at the trial, which may run into June.
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US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable MeetÂ
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
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Meta Opens Threads to Advertisers Globally
Meta Platforms said on Wednesday it is expanding advertising on its social network Threads to all eligible advertisers globally. A growing user base on Threads—exceeding 320 million monthly users—and uncertainty surrounding a potential TikTok ban in the US could bolster Meta's ability to attract advertisers.
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Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
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Al-Natah: 4,000-Year-Old Ancient Town Discovered In Saudi Arabian Oasis
Archaeologists have uncovered a 4,000-year-old fortified town named al-Natah in northwest Saudi Arabia, illustrating the gradual shift from nomadic to urban lifestyles.
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1,200-Year-Old Viking Cemetery Found in Sweden with Stone Ship Burials
Archaeologists in Sweden have discovered a Viking cemetery, dating back 1,200 years, in the village of Tvååker. The site contains over 100 graves, including unique stone ship outlines. Artefacts such as human and animal bones, metal items, and a fragment of a silver coin were found. This discovery sheds light on Viking burial practices and their ...
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Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
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Telegram-Backed TON Blockchain Under Threat of Phishing Attacks, Experts Warn
As per blockchain security firm SlowMist, the TON blockchain is facing high risk of phishing attacks. In phishing attacks, the actor entices potential victims into sharing their private information – personal as well as financial – in order to exploit the information and steal funds.
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US Warns Pak Of "Potential Risk Of Sanctions" Over Trade Deal With Iran
The US on Tuesday (local time) warned Pakistan of "potential risk of sanctions," adding that they will continue to disrupt and take actions against proliferation networks considering business deals with Iran.
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Social Media Firm Reddit Hits $6.4 Billion Valuation Ahead Of Wall Street Debut
The Reddit social network was set to make its trading debut Thursday after pricing robustly in an initial public offering that suggested greater investor enthusiasm for new stock issuers.
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As NATO Struggles To Expand, China Offers Support To Hungary
China offered to support long-time strategic partner Hungary on public security issues, going beyond trade and investment relations, during a rare meeting with Prime Minister Viktor Orban, just as NATO struggles to expand its network in Europe.
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Vast AI Fleet, Sea-Based Drones: How US Plans To Counter Threats From China
The US Department of Defense is considering the development of a vast network of Artificial Intelligence-powered technology, drones and autonomous systems within the next two years to counter threats from China, the Wall Street Journal reported.
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Meta Set to Contest EU Antitrust Charges at Friday Hearing to Avoid Hefty Fine
Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said.
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CFTC Investigators Find Crypto Lender Celsius, Former CEO Guilty of Breaking US Rules: Report
Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius Network and its former chief executive officer broke US rules before the firm’s implosion. Attorneys in the regulator's enforcement unit reportedly determined that Celsius misled investors and should have registered with the regulator.
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WhatsApp Had No Plans to Compete With Facebook, Co-Founder Says
WhatsApp co-founder Brian Acton said that the messaging app had no plans to compete with Facebook. Acton was present at a federal courthouse in Washington to testify in the ongoing US Federal Trade Commission’s antitrust trial against Meta Platforms.
-
Meta Asks Judge to Rule that FTC Failed to Prove its Monopoly Case
Meta Platforms asked a federal judge on Thursday to throw out the US Federal Trade Commission's case that accuses it of illegal social media monopoly. Meta is now presenting its own evidence at the trial, which may run into June.
-
US Crypto Task Force Spotlights Growing Interest in RWA Tokenisation in Latest Roundtable MeetÂ
Paul Atkins, the chairperson of the Crypto Task Force, acknowledged that securities were rapidly migrating from off-chain databases to on-chain ledger networks, indicating adoption of Web3 technologies. He said that tokenisation could enhance capital formation by transforming relatively illiquid assets into liquid investment opportunities.
-
Meta Opens Threads to Advertisers Globally
Meta Platforms said on Wednesday it is expanding advertising on its social network Threads to all eligible advertisers globally. A growing user base on Threads—exceeding 320 million monthly users—and uncertainty surrounding a potential TikTok ban in the US could bolster Meta's ability to attract advertisers.
-
Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
-
Al-Natah: 4,000-Year-Old Ancient Town Discovered In Saudi Arabian Oasis
Archaeologists have uncovered a 4,000-year-old fortified town named al-Natah in northwest Saudi Arabia, illustrating the gradual shift from nomadic to urban lifestyles.
-
1,200-Year-Old Viking Cemetery Found in Sweden with Stone Ship Burials
Archaeologists in Sweden have discovered a Viking cemetery, dating back 1,200 years, in the village of Tvååker. The site contains over 100 graves, including unique stone ship outlines. Artefacts such as human and animal bones, metal items, and a fragment of a silver coin were found. This discovery sheds light on Viking burial practices and their ...
-
Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
-
Telegram-Backed TON Blockchain Under Threat of Phishing Attacks, Experts Warn
As per blockchain security firm SlowMist, the TON blockchain is facing high risk of phishing attacks. In phishing attacks, the actor entices potential victims into sharing their private information – personal as well as financial – in order to exploit the information and steal funds.
-
US Warns Pak Of "Potential Risk Of Sanctions" Over Trade Deal With Iran
The US on Tuesday (local time) warned Pakistan of "potential risk of sanctions," adding that they will continue to disrupt and take actions against proliferation networks considering business deals with Iran.
-
Social Media Firm Reddit Hits $6.4 Billion Valuation Ahead Of Wall Street Debut
The Reddit social network was set to make its trading debut Thursday after pricing robustly in an initial public offering that suggested greater investor enthusiasm for new stock issuers.
-
As NATO Struggles To Expand, China Offers Support To Hungary
China offered to support long-time strategic partner Hungary on public security issues, going beyond trade and investment relations, during a rare meeting with Prime Minister Viktor Orban, just as NATO struggles to expand its network in Europe.
-
Vast AI Fleet, Sea-Based Drones: How US Plans To Counter Threats From China
The US Department of Defense is considering the development of a vast network of Artificial Intelligence-powered technology, drones and autonomous systems within the next two years to counter threats from China, the Wall Street Journal reported.
-
Meta Set to Contest EU Antitrust Charges at Friday Hearing to Avoid Hefty Fine
Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said.
-
CFTC Investigators Find Crypto Lender Celsius, Former CEO Guilty of Breaking US Rules: Report
Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius Network and its former chief executive officer broke US rules before the firm’s implosion. Attorneys in the regulator's enforcement unit reportedly determined that Celsius misled investors and should have registered with the regulator.
