Author: GT

Google Search and its Play Store app marketplace are suspected of breaching the European Union’s Digital Markets Act (DMA), per preliminary findings announced Wednesday by EU Commission enforcers of the bloc’s flagship market contestability law, who have been investigating the company for months. The DMA applies to a handful of tech giants, Alphabet (Google’s parent) included. Aspects of Google’s business have been under investigation by the EU since March 2024, shortly after the regime came into force. Confirmed violations of the DMA can attract sanctions of up to 10% of global annual turnover, so the stakes are high for Google.…

SEC Drops Lawsuit Against Ripple Labs After 4-Year Legal Battle, Marking a Major Victory for the Crypto Industry The SEC has decided to drop its lawsuit against Ripple Labs, marking a significant shift in the long-running legal battle. Ripple CEO Brad Garlinghouse announced the decision on March 19, 2025, confirming that the case had come to an end. He expressed that it was a “victory for the industry” and described the case as “doomed from the start.” Garlinghouse criticized the SEC’s approach, calling it an overreach in its efforts against Ripple. The case, which had been a significant challenge for…

Energy Secretary Chris Wright said Thursday that the oil market is discounting President Donald Trump’s push to produce more crude and gas in the United States.”We’ve seen a market discounting the fact that clearly it’s going to be easier to produce oil and gas in the United States,” Wright told CNBC’s “Squawk Box.” “More supply is going to come, and that’s pushed down prices of oil, gasoline, home heating fuels, everything across the board, that’s a win to the American people.”U.S. crude oil futures have fallen nearly 14% since Trump took office on Jan. 20. Trump has made energy a…

Streaming service and software maker Plex is raising its prices. The company announced on Wednesday its first price increase in a decade for its premium subscription service Plex Pass, which offers power users a variety of additional features, like offline access, themes, hardware transcoding, and other advanced settings. The service will now cost $6.99 per month, up from $4.99 previously. The yearly cost will also increase to $69.99 up from $39.99, and the lifetime Plex Pass will be $249.99, up from $119.99. The changes will go into effect on April 29, giving Plex Pass subscribers a few more weeks to…

Crypto.com Faces Backlash After Reversing 70 Billion CRO Token Burn, Alleging Vote Manipulation Crypto.com has come under fire after it reversed a major token burn on the Cronos blockchain, which was initially announced in 2021 as the “largest token burn in history.” The company planned to burn 70 billion CRO tokens to decentralize the network but recently proposed to reissue these tokens, bringing the total supply back to 100 billion. This has led to widespread criticism and accusations of vote manipulation within the crypto community. The proposal, introduced on March 2, suggested the creation of a Cronos Strategic Reserve, which…

Dataminr, a data analytics company that counts NATO and OpenAI among its customers, has raised $85 million in a combination of convertible financing and credit, the company announced on Wednesday. It’s chump change for Dataminr, which closed a $475 million round at a $4.1 billion valuation in 2021. But the company has seen its fair share of downs as well as ups. In November 2023, Dataminr laid off 20% of its staff as it raced to fend off economic headwinds and “doubled down” on AI. “The new capital will allow Dataminr to accelerate its growth trajectory, [and] provide investors with…

By Prakhar Srivastava (Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, said on Thursday it would buy retail futures trading platform NinjaTrader for $1.5 billion, in a deal that would allow it to expand into multiple asset classes and grow its user base. The acquisition comes at a time the crypto industry is optimistic about more relaxed regulation under U.S. President Donald Trump, who courted crypto donors during the election and promised to support the sector. Industry leaders hope for policy shifts that roll back enforcement actions, encourage institutional adoption and create clearer rules for digital asset trading. Earlier…

NVIDIA has launched Dynamo, an open-source inference software designed to accelerate and scale reasoning models within AI factories. Efficiently managing and coordinating AI inference requests across a fleet of GPUs is a critical endeavour to ensure that AI factories can operate with optimal cost-effectiveness and maximise the generation of token revenue. As AI reasoning becomes increasingly prevalent, each AI model is expected to generate tens of thousands of tokens with every prompt, essentially representing its “thinking” process. Enhancing inference performance while simultaneously reducing its cost is therefore crucial for accelerating growth and boosting revenue opportunities for service providers. A new…

India has always been a country of dichotomies.It is the world’s most populous nation, fifth biggest economy and home to the highest number of billionaires after China and the U.S. It is a world leader in digital finance, thanks to the creation of digital public infrastructure, and is the world’s third-largest start-up hub.Yet it remains a lower-middle-income economy, with a large share of the population classified as low-income or poor, and is a highly unequal society.India’s climate narrative is, similarly, marked by contradictions.While its contribution to world cumulative emissions is negligible — India accounts for approximately 4% of the global…

“The enthusiasm into AI actually carries over into everything, which effectively impacts all startups,” said AngelList CEO Avlok Kohli when asked if investors remain as excited about emerging startups outside of AI. According to Kohli, AI startups make up nearly 40% of the startups on AngelList’s platform. Today on Equity, Mary Ann Azevedo caught up with Kohli to discuss how AngelList has evolved its model — from SPVs to collaborating with larger funds, how AI is reshaping the startup landscape, and what founders need to do to thrive in today’s market. Delving into AngelList’s expansion over the past six years,…