Criminal groups are siphoning billions of dollars annually from the music industry through fraudulent streaming activities, according to a streaming technology firm.
Industry
Bitcoin Dips to 2-Month Low Amid US Presidential Election Uncertainty
Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.
Second Donald Trump Presidency Would Cause Spike in Long-Term US Bond Yields, Edmond De Rothschild Investment Head Says
A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
Samsung Records Unexpected Profit Gain, Cites AI Boom's Impact on Chip Prices
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
Trader Joe’s Recalls Popular Mango Tangerine Candle Over 'Larger-Than-Expected' Flame
Trader Joe's is carrying out a nationwide recall of its Mango Tangerine Scented Candle. Trader Joe's is carrying out a nationwide recall of its Mango Tangerine Scented Candle as it might cause harm to users due to a larger-than-expected flame.
Latest News
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.
Amazon has announced it will discontinue its Astro for Business security robot and shift its focus back to household robots.
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Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.
The administration of President Joe Biden has announced the awarding of $504 million in funding for 12 technology hubs in the US.
The Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation over alleged violations of the Bank Secrecy Act.
Samsung Electronics workers in South Korea will hold a strike from July 8 to 10, according to union officials.
President Joe Biden and Senator Bernie Sanders have urged Novo Nordisk and Eli Lilly to lower the prices of their popular weight loss drugs.
The Biden administration canceled eight export licenses this year that had allowed several companies to send goods to the Chinese telecom giant Huawei.
