Taiwan has blocked Uber’s $950 million acquisition of Foodpanda, citing significant anti-competition concerns. Regulators argue the deal could undermine market fairness, reducing consumer choices in the rapidly growing food delivery sector.
A former FTX customer has filed a lawsuit against a hedge fund, alleging breach of a bankruptcy payout agreement. The dispute highlights ongoing challenges in the financial sector.
Steven Soderbergh’s newest venture, an NFT-funded film, has secured a worldwide distribution deal. Working with Nifty Gateway, the film’s producers have high hopes that this collaboration will be a success.
CoinDesk, a media and research company in the digital currency space, has announced a strategic partnership with Intercontinental Exchange (ICE) to launch new indices for the Asia Pacific region. The indices will include real-time pricing of select digital assets traded on multiple exchanges.
Polygon has announced a $1.5 million institutional investment in the Decentralized Exchange (DEX) platform D8X. The investment signals Polygon’s goal for the Decentralized Finance (DeFi) industry to surpass traditional Centralized Finance (CeFi).
Cerebras Systems has secured a major deal with G42 the UAEs artificial intelligence arm to provide them with a 100M AI supercomputer This marks a major milestone for Cerebras Systems and cements their place as a leader in large-scale AI computing