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Bank of Japan issues latest report on ‘digital yen’ CBDC investigation
A regular update published this month by the Bank of Japan's Payment Services Department looks at what additional functions a digital yen could have. [...] Read More... The post Bank of Japan … more
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‘Airbus for the metaverse’ key in attaining Europe’s Web4 ambitions: LSE Consulting
An "Airbus for the metaverse" is projected to provide a European innovation network while ensuring access to skilled talent in Europe and foster demand, scale, and open innovation across the bloc. … more
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Jack Dorsey’s Block under federal investigation for terror transactions, sanctions evasion
A former Block employee had met with prosecutors at the U.S. Attorney’s Office for the Southern District of New York regarding 'compliance lapses’ at Block’s Square and Cash App divisions. … more
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Abu Dhabi free zone inks MOU with auditing firm for blockchain security, compliance standards
The ADGM-Hacken collaboration will focus on developing security standards, on-chain monitoring solutions in line with the region's aspiration to become a Web3 hub. [...] Read More... The post … more
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Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan
Some of the internships are unpaid, while others reportedly offer $18 to $28 an hour. more
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U.S. fishermen poised to harvest millions of baby eels worth $2000 a pound as authorities battle illegal sales
The tiny fish are raised to maturity so they can be used as food. more
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Europe's sliding foreign investments are a 'wake-up call,’ EY expert says
“We need to make sure regulation doesn’t get in the way of innovation and enabling businesses in Europe to compete,” an expert told Fortune.   more
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MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange
Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024. more
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One day after being cited for contempt, Donald Trump insulted the judge presiding over his case
Former President Trump is barred from making public statements about witnesses, jurors and some others connected to his hush money case. more
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Texas vet who cares for 40,000 cattle said nearly every farm that had cows sick with bird flu also had sick workers: 'I had people who never missed work, miss work'
Farmers have been hesitant to allow health officials onto their land because of the "stigma" of bird flu, another vet said. more
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Cruise operator Viking raises $1.5 billion in year’s largest IPO
Although the IPO market has been heating up, the upcoming election could reduce the number of public offerings seen before 2025. more
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Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’
Peloton has lost 90% of its value since the beginning of the pandemic, when the company soared to a $45 billion market cap. more
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Southwest flight attendants are now the highest-paid in the industry thanks to a historic pay raise—'This is the least they deserve'
The second-best paid flight attendants, at Delta, make 14% less than those at Southwest. more
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NBC courting the NBA with a $2.5 billion media deal that could permanently bench TNT
With the NBA’s current media rights contract set to expire next year, negotiations with cable companies and streamers are in full throttle. more
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Tesla’s top HR executive has left the company, sources say
Allie Arebalo was one of the most senior women at the company, in her role since February 2023. She worked for Tesla for about six years, according to her LinkedIn profile.  more
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Obinna Odirionye: How This Founder Is Reimagining Cloud Computing in 2024
Obinna Odirionye, CEO and creator of Clouddley, wants to democratize the cloud. He believes the cloud will define the next generation of technologies like artificial intelligence, machine learning, … more
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Thailand’s NACC finds guilty among four former executives of energy base firm of corruption and bribery
BANGKOK, THAILAND - Media OutReach Newswire - 1 May 2024 - The National Anti-Corruption Commission (NACC) reached a resolution that four former executives of the Thai State-owned oil and gas company, … more
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Bitcoin ETF Leader BlackRock Leads $47M Funding Round in Securitize
BlackRock’s BUIDL fund, created with Securitize, has $375 million in assets under management. more
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DEMAND Pool’s CEO Says The Time To Decentralize Bitcoin Mining Is Now
Alejandro De La Torre believes Bitcoin mining is dangerously centralized and plans to put power back into the hands of solo miners with DEMAND. more
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Apple in talks with OpenAI for iPhone AI features: report
Apple has renewed talks with OpenAI to power some features in the upcoming iOS 18; the iPhone maker is also in talks with Google for Gemini integration. [...] Read More... The post Apple in … more
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This headteacher is preparing 'homebird' Gen Z pupils for the world of work by bringing in a 12-hour school day
Instead of scrolling TikTok or BeReal, Gen Z students' hours will be filled with activities such as cooking lessons, public speaking lessons, basketball training, and extra time to finish homework. more
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An unusual phenomenon led to 'disappointing' Starbucks sales: the brand is too popular with morning commuters
The maths equates to between one in seven or eight customers giving up on their order because of how busy their particular Starbucks cafe is. more
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Meet the Norwegian-owned cruise challenger to Carnival and Royal Caribbean that just raised $1.54 billion
Viking's cruises aren't just boozy party boats. They specifically cater to older, affluent guests. more
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Bitcoin Price Could Fall to $50,000: Standard Chartered
Standard Chartered sees Bitcoin falling to $50,000 near-term amid outflows and tight liquidity, but maintains a bullish long-term outlook with a $150,000 target for 2024. more
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Is your council declaring bankruptcy?
Councils declaring bankruptcy   Since 2018 8 council have declared bankruptcy including 4 in the past 15 months which are, Woking, Nottingham, Birmingham and Thurrock. Almost 1 in 10 councils in … more
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