All posts tagged: digital

Texas crypto company sues SEC for ‘overreach’ on digital assets

Texas crypto company sues SEC for ‘overreach’ on digital assets

:A Texas cryptocurrency company and an industry group sued the U.S. Securities and Exchange Commission on Wednesday, saying the regulator has overstepped its authority and asking a judge to rule that digital assets traded on exchanges are not securities. Fort Worth-based crypto company Lejilex and lobbying group Crypto Freedom Alliance of Texas (CFAT) claim the SEC has asserted jurisdiction over the industry without a “clear statutory mandate.” Lejilex says it seeks to run a cryptocurrency platform called Legit.Exchange. The company formed last year said it plans to list digital assets including those the SEC has deemed securities in lawsuits against Coinbase, the largest cryptocurrency exchange in the U.S., and Binance, the world’s largest crypto exchange. Lejilex wants the court to rule that listing pre-existing tokens will not violate securities laws. “We wish we were launching our business instead of filing a lawsuit, but here we are,” Lejilex co-founder Mike Wawszczak said in a statement. A spokesperson for the SEC did not immediately reply to a request for comment. Both Coinbase and Binance have denied the …

‘Anyone But You’ Gets a Digital Streaming Date — Where to Watch Online

‘Anyone But You’ Gets a Digital Streaming Date — Where to Watch Online

Shakespeare’s Much Ado About Nothing gets a modern makeover in Anyone but You, which is now streaming online. Starring Sydney Sweeney as Bea and Glen Powell as Ben (a play on the Bard’s original characters, Beatrice and Benedick), the box office darling is available to buy or rent on digital at Prime Video, Apple TV and other transactional video-on-demand platforms. Directed by Will Gluck (Easy A, Friends With Benefits), the film sees Bea and Ben initially hitting it off on their first date, until it all falls apart due to miscommunication. They reunite one year later at the wedding of Bea’s sister, Halle (Hadley Robinson) and Claudia (Alexandra Shipp), the sister of Ben’s best friend, Pete (GaTa). The nemeses decide to pretend to be a couple to make Ben’s ex-girlfriend want him back and to convince Bea’s parents that there’s no future for her and her ex-boyfriend. All the while, their fellow wedding guests conspire to make the duo believe that the fake couple has found true love. The romantic comedy is on track to …

The Day Before October 7 | Digital Series

The Day Before October 7 | Digital Series

For decades, Gaza has been gripped by a chokehold. Life in the enclave has often been described as an open air prison. No one leaves without the express permission of its neighbour. This is nothing new. But in the weeks and days leading up to October 7, the feeling on the ground was changing. Dareen Abughaida presents this new digital series.Pinch Point, where geography and politics collide. Source link

Nigerian digital bank FairMoney in talks to buy Umba in M all-stock deal, sources say

Nigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch. The move signals FairMoney’s interest in growing its customer base by expanding into more countries, specifically Kenya. But it also underscores the challenges facing fintechs in Africa amid a challenging market for startups globally: a $20 million all-share deal would be roughly equivalent to the amount Umba raised from outside investors. Acquisition negotiations are still in their early stages, according to the sources, who requested anonymity due to the confidential nature of the details. FairMoney and Umba did not respond to requests for comment ahead of publication. Umba, founded by Tiernan Kennedy and Barry O’Mahony in San Francisco in 2018, was launched as a credit-led digital bank targeting emerging markets. It provides banking services such as loans, current accounts, savings accounts, fixed deposit accounts and bill payments to customers in Nigeria and Kenya. To …

Singapore-based fintech Xalts acquires digital trade platform Contour Network

Singapore-based fintech Xalts acquires digital trade platform Contour Network

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. Backed by Accel and Citi Ventures, Xalts enables financial institutions to build and manage blockchain-based apps. Contour was started in 2017 by a consortium of eight banks to digitize trade and is currently used by 22 banks and more than 100 global business including Tata Group, Rio Tinto and SAIC. Xalts was founded in 2022 by Ashutosh Goel and Supreet Kaur, who previously held senior executive positions at HSBC and Meta, respectively. Kaur tells TechCrunch that they launched Xalts because large financial institutions and businesses often don’t have a single process to handle all their financial products, like corporate loans, issuing a letter of credit or bank guarantee. Instead, they’re handled by different teams both inside and outside of their …

The Nixplay Touch 10 digital photo frame is pretty sweet (and it’s on sale for Presidents’ Day)

The Nixplay Touch 10 digital photo frame is pretty sweet (and it’s on sale for Presidents’ Day)

Allison Murray/ZDNET What is the Presidents’ Day deal?  The Nixplay 10-inch smart frame is currently on sale on Amazon for $120, making it $70 off.  Why this deal is ZDNET-recommended  Remember digital photo frames? They were all the craze in the late 1990s/early 2000s — when parents and grandparents alike had to own one. But, ultimately, they seemed to decline in popularity. I’m here to say we should make digital photo frames “in” again. Also: The best digital picture frames I got my hands on a Nixplay Touch 10 Smart Frame, and I’m impressed. As a millennial, I take hundreds of photos on my phone but rarely print them out to display them in my home. Although digital photo frames are typically associated with older adults, I think everyone should give them — or at least the Nixplay Touch 10 Smart Frame — a try. First impressions The Nixplay Touch 10 Smart Frame comes in black, classic matte, and wood. It has 4.7 out of 5 stars on Amazon and over 22,000 ratings — so digital …

Yuga Labs acquires Proof Web3 digital art platform

Yuga Labs acquires Proof Web3 digital art platform

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Yuga Labs, the Web3 lifestyle and media company that created Bored Ape Yacht Club and Otherside, has announced the acquisition of Proof, a Web3 digital art platform. This move aligns with Yuga Labs’ vision of becoming the gateway to Web3, as it plans to integrate Proof’s assets, particularly Moonbirds, into its expanding metaverse platform, Otherside. The acquisition encompasses Proof’s entire ecosystem, including the Proof Collective, Moonbirds collection, Oddities, Mythics, and the Grails exhibition series. Yuga Labs aims to leverage Proof’s intellectual property, artistic portfolio, and community to enrich its Web3 offerings. “As a company committed to championing art, culture, and community on the blockchain, we’re excited to have Proof join the Yuga ecosystem.” said Daniel Alegre, CEO of Yuga Labs, in a statement. “Moonbirds is a collection with great potential and many unifying brand elements with Otherside. We look forward to Proof Collective becoming an important part of our ongoing art and …

Best film and digital point-and-shoot cameras

Best film and digital point-and-shoot cameras

Beloved by millennials and Gen Z-ers alike, the Canon AF35M point-and-shoot is a brilliant compact film camera which is equipped with a fantastic 38mm f.28 lens. The first 35mm autofocus compact camera that Canon ever produced, this beautiful, hard-wearing, and tactile piece of kit is also considered a collector’s item by photophiles across the globe. You can tell that the Canon AF35M is relatively old-school considering it’s powered by AA batteries. The battery life isn’t top-notch on these older models either, so be prepared to replace the batteries regularly. Equipped with an active autofocus system, the Canon AF35M has a shooting distance range of 0.9m (3ft) and a filter thread diameter of 48mm. Prefocus is available using the self-timer lever, while the self-timer itself offers a delay of approximately 10 seconds and is activated by pressing the shutter button and self-timer lever at the same time. The flash is a built-in pop-up, and the recycling time (which is the interval between the firing of the flash and the relighting of the pilot lamp) is about …

Are AI Hallucinations a Glimpse into Digital Creativity?

Are AI Hallucinations a Glimpse into Digital Creativity?

Source: Art: DALL-E/OpenAI The amazing abilities of Large Language Models can sometimes act up. This phenomena—labeled as “hallucinations”—might not always be mere glitches, but rather glimpses into a novel form of digital creativity. These unexpected deviations, traditionally seen as errors, could in fact be the AI’s way of “thinking outside the chip,” pushing the boundaries of conventional computational thought processes. But this is an oversimplification. Let’s take a closer look. Magic or Just Messy? In the simplest of terms, hallucinations in LLMs might stem from phenomena such as overfitting, where the model, overly attuned to its training data, struggles to generate novel yet accurate outputs. This overfitting, rather counterintuitively, can lead to the generation of entirely original, albeit nonsensical, outputs. This phenomenon intriguingly mirrors the creative process in humans, where true originality often emerges from the edge of chaos and order, from the interplay of deep knowledge and the ability to transcend it. Further, the intricacies of data contamination in LLM training sets serve as a fertile ground for the phenomenon of hallucinations. This contamination, …

With Navalny’s death, Russians lose their last hope – POLITICO

With Navalny’s death, Russians lose their last hope – POLITICO

Meanwhile, in keeping with a previous tradition, Putin refused to call Navalny by name, referring to him as “the Berlin patient.” (Even on Friday, Putin maintained his hallmark trait of not deigning to refer to his adversary despite ample opportunity to do so in a public appearance at a factory.) In 2021, although he could have stayed in exile, Navalny made the daring — and ultimately fatal — decision to return to Russia. “If your beliefs are worth something, you have to be willing to stand up for them. And if necessary, sacrifice something,” Navalny said on X last month, on the reason for his return. He was immediately arrested upon landing for failing to report his whereabouts to the Russian authorities while undergoing treatment in Germany, thereby violating the terms of his parole. While in jail, a Russian court declared his Anti-Corruption Foundation an “extremist” organization, forcing his employees and volunteers underground or into exile.  That, and military censorship laws, passed in the wake of Russia’s full-scale invasion of Ukraine, quashed any remaining hope of …