Company – DIGIT INFO

OpenAI in talks with regulators to become a for-profit company: Report

DIGIT — Tue, 05 Nov 2024 06:00:33 +0000

The $157 billion artificial intelligence giant wants to keep its nonprofit arm to pursue its mission of benevolent AI development.

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Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company

DIGIT — Sun, 04 Aug 2024 07:56:06 +0000

Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million, significantly surpassing the expected $432 million. Other numbers were also positive, including a 36% growth in sales in Brazil, […]

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Musk Mulls AI Startup to Rival Chatgpt Maker Openai, Report

DIGIT — Sat, 15 Apr 2023 17:30:47 +0000

Entrepreneur Elon Musk is preparing to launch a startup that will compete with Openai, the creator of Chatgpt, a media report unveiled. According to quoted knowledgeable sources, the owner of Twitter and Tesla is already assembling a team of developers and talking to investors. Elon Musk Reportedly Working to Establish Openai Rival, Registers X.AI Corp […]

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SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

DIGIT — Mon, 26 Dec 2022 05:30:47 +0000

The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at the time. U.S. Securities Regulator Accuses Thor Technologies’ Management of […]

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Crypto Exchange FTX Fires 3 Top Executives, Report Reveals

DIGIT — Sat, 19 Nov 2022 13:00:13 +0000

Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management Lose Their Jobs, Spokesperson Quoted Troubled cryptocurrency exchange FTX has […]

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Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

DIGIT — Thu, 12 May 2022 08:30:44 +0000

Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian […]

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HP-Branded Servers Hijacked to Mine $110,000 Worth of Cryptocurrency

DIGIT — Tue, 28 Dec 2021 12:30:49 +0000

Hackers recently took control of a group of HP-branded servers and used them to remotely mine a cryptocurrency called raptoreum, according to reports. This resulted in the compromised cluster of HP machines becoming the biggest contributor to the total mining pool of the cryptocurrency, allowing attackers to rake in $110,000 worth. The coins are said […]

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Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

DIGIT — Sun, 10 Oct 2021 18:00:18 +0000

Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes as the South Asian country intensifies efforts to adopt legislation tailored to regulate its blockchain space and attract investments from the crypto industry. Kapruka to Launch Cryptocurrency Payments Within Weeks Kapruka (Kapruka.com), a major e-commerce platform in […]

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Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils

DIGIT — Mon, 04 Oct 2021 03:00:27 +0000

Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the top three as well. ESET: 1 in 10 Crypto-Focused Threats […]

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Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals

DIGIT — Sun, 03 Oct 2021 21:00:25 +0000

The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support of a fintech startup based in Japan. Central Bank of Laos Joins Race to Develop Digital […]

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