ISLAMABAD ( Channel News Pakistan) Pakistan has signed a memorandum of understanding with cryptocurrency exchange Binance to investigate the “tokenisation” of up to $2 billion in sovereign bonds, T-bills, and commodities reserves in order to increase liquidity and attract investors, the finance ministry announced on Friday. Tokenization is the processContinue Reading
(Webdesk) Britain’s financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for poor financial crime protection, including accepting users who named landmarks such as Buckingham Palace as their location. Monzo failed to maintain adequate controls to reduce the risk of financial crime as it developed fast, accordingContinue Reading
(Reuters) – According to The Information, OpenAI and Meta Platforms have had separate meetings with Reliance Industries about prospective partnerships to extend their artificial intelligence products in India. According to The Information, a partnership between Reliance Jio and OpenAI to distribute ChatGPT was being negotiated. Two persons acquainted with theContinue Reading
Meta has launched a new tool on Facebook that lets content producers to earn money from public story views, boosting the platform’s monetization potential. The tool is only available to creators who have previously participated in Facebook’s content monetization program. It allows them to generate income from existing material thatContinue Reading
The CEO of social media company TikTok will attend Donald Trump’s inauguration on Monday, according to US media, as the president-elect appears to consider sparing the app from a potential ban on US operations. Shou Chew is expected to attend the January 20 event with many other high-profile social mediaContinue Reading
(Reuters) – Telstra, a leading Australian telecom, said on Thursday that it is cooperating with billionaire Elon Musk’s SpaceX to offer satellite broadband technology to its remote clients. Telstra has teamed with satellite-based internet provider Starlink to introduce the latter’s Starlink-to-Mobile technology to Australia, allowing the United States company toContinue Reading
WASHINGTON (Reuters) — On Tuesday, a group representing self-driving car businesses urged the US government to do more to accelerate the deployment of autonomous cars and eliminate impediments to adoption. “The federal government needs to lead when it comes to vehicle design, construction, and performance, and we haven’t seen enoughContinue Reading
(Reuters) Google, an Alphabet firm, announced the debut of two new capabilities for advertisers on Wednesday. These features will use artificial intelligence to locate the most effective ad placements for companies across all of Google’s services. Since Google and other businesses created innovative chatbots that can engage people in open-endedContinue Reading
