Topic: regulatory approval
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XBase Wins Dubai VARA Approval for Broker-Dealer Licence
XBase, a subsidiary of XBD Group, has received In-Principle Approval from Dubai's VARA for a Broker-Dealer Services Licence, advancing it toward full operations and supporting Dubai's status as a regulated virtual assets hub. This approval aligns with the UAE's rapid digital finance growth, posit...
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Bybit Partners with QNB Group to Accept QCDT, Unlocking Institutional Crypto Access
Bybit has partnered with QNB Group and DMZ Finance to integrate QCDT, the first DFSA-approved tokenized money market fund, as collateral, bridging traditional and digital finance. QCDT is backed by U.S. Treasuries and operates under regulatory frameworks, offering institutional-grade security and...
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iPhone Air China Launch Delayed Due to eSIM Problems
Apple has delayed the iPhone Air launch in China due to regulatory issues with its eSIM-only design, which conflicts with the country's preference for physical SIM cards. The delay affects preorders, with all three major Chinese carriers awaiting approval to support eSIM functionality, indicating...
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AI's New Role in Measuring Pain
Artificial intelligence is being used for objective pain assessment through facial analysis, with the PainChek app already deployed in aged care in Australia and other countries, showing reductions in antipsychotic use and falls. The AI system provides a quick, standardized pain score via smartph...
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Starlink's $20/mo 5G Phone Service to End Dead Zones
Starlink's Direct-to-Cell service, enabled by a $17 billion spectrum acquisition, aims to provide global, affordable connectivity and eliminate dead zones worldwide. The service is expected to cost $10 to $20 per month, leveraging SpaceX's advanced satellites and Starship rocket to bypass traditi...
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SpaceX's FCC Push Secures $17B EchoStar Spectrum Deal
SpaceX has secured a $17 billion deal to acquire spectrum licenses from EchoStar, strengthening its satellite communications market position and resolving regulatory issues. The agreement includes $8.5 billion in cash, an equivalent in SpaceX stock, and $2 billion in debt interest payments, follo...
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GE Aerospace Invests $300M in Beta Tech for Hybrid-Electric Power
GE Aerospace is investing $300 million in Beta Technologies to co-develop a next-generation hybrid-electric turbogenerator, aiming to enhance aircraft performance and sustainability. The partnership combines GE's extensive engine expertise with Beta's cutting-edge electric propulsion knowledge to...
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SoftBank Expands Robotics Empire with ABB Unit Acquisition
SoftBank Group has agreed to acquire ABB's robotics division for $5.375 billion, marking a strategic expansion into "physical AI" and robotics as a core growth area, with the deal expected to close by late 2026. The ABB robotics unit, which employs 7,000 people and generated $2.3 billion in reven...
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Tesla's Full Self-Driving Under Investigation for Traffic Violations
The National Highway Traffic Safety Administration is investigating approximately 2.8 million Tesla vehicles with Full Self-Driving technology for traffic violations like running red lights and wrong-way driving. The probe includes 58 safety incidents, with 14 collisions and 23 injuries, where FS...
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Dead Bacteria Turned Into Dog Treats - Human Snacks Next?
MicroHarvest produces nutrient-rich protein from agricultural waste using bacteria, offering a sustainable alternative with 60% protein content for pet food and potential human snacks. Their fermentation process is highly efficient, taking less than 24 hours and reducing land use, deforestation, ...
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Lyft and Baidu Plan Robotaxi Expansion in Europe by 2025
Lyft partners with Baidu to launch self-driving taxis in Europe by 2026, integrating Baidu's Apollo Go vehicles into its platform pending regulatory approval in markets like Germany and the UK. The collaboration reflects Lyft's hybrid network strategy, combining human-driven and autonomous vehicl...
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Starship's Fuel Hurdle: SpaceX's Ingenious Solution
SpaceX must overcome major logistical hurdles to achieve its high-frequency Starship launch goals, including building one Starship per day at its Texas facility and managing two launch pads. Each Starship launch requires over a million gallons of propellant, far exceeding industry norms, and curr...
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FCC Filing Reveals New MacBook Pro Details
FCC filings reveal unreleased Apple products, including a new MacBook Pro and iPad Pro models, with model numbers not matching current devices. The documents suggest the new iPad Pro models will support Wi-Fi 7, while the MacBook Pro may not, and approvals hint at a near-term launch timeline. App...
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SoftBank Bets $5.4 Billion on AI-Powered Robotics
SoftBank is investing $5.4 billion to acquire ABB's robotics division, marking a major return to robotics and expanding its automated systems portfolio despite past setbacks like the Pepper robot. The acquisition strengthens SoftBank's position in industrial robotics and aligns with founder Masay...
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OpenAI Acquires Statsig for $1.1B in Major Executive Reshuffle
OpenAI has acquired Statsig for $1.1 billion to enhance its product development and analytics capabilities, integrating A/B testing expertise and appointing Vijaye Raji as CTO of Applications. The company is restructuring its leadership, promoting Srinivas Narayanan to CTO of B2B Applications and...
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Google Transforms Cloud Security with $32B Wiz Acquisition
Google's $32B acquisition of Wiz marks a significant milestone in enhancing its cloud security capabilities. Discover the strategic implications and future prospects of this groundbreaking move.
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EA Buyout Stuns Gaming Industry: Key Reactions
A private-equity consortium, including Saudi Arabia's PIF, Silver Lake, and Affinity Partners, has acquired Electronic Arts in a $55 billion leveraged buyout, marking a major shift in the gaming industry. The deal raises concerns about creative control, increased soft power for state-controlled f...
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SpaceX's Falcon Heavy Awaits Customer Demand for California Launch
The Department of the Air Force has authorized SpaceX to conduct up to 100 missions per year from Vandenberg Space Force Base, significantly increasing the launch rate from historical levels. Vandenberg specializes in polar orbit launches, which are crucial for Earth observation satellites and se...
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Fivetran and dbt Merge to Power AI Data Pipelines
Fivetran and dbt are merging to create a unified platform, combining data movement and transformation capabilities to simplify complex data architectures. The new entity will focus on open data infrastructure, supporting multiple cloud environments and tools while maintaining dbt Core as an open-...
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Verizon Names New CEO to Lead Post-5G Era
Dan Schulman, former PayPal CEO, has been appointed as Verizon's new CEO to lead the company's expansion, replacing Hans Vestberg who will stay on as an advisor until 2026. Under Vestberg's leadership, Verizon launched its nationwide 5G network, adapted to longer consumer device replacement cycle...
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Qualcomm Acquires Arduino, Launches New Raspberry Pi Rival
Qualcomm has acquired Arduino, which will continue to operate under its own brand and uphold its open-source principles while expanding Qualcomm's reach in prototyping and education. The acquisition will give Arduino's 33 million users access to Qualcomm's advanced technology, benefiting develope...
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ÄIO Makes Edible Fat From Sawdust and Farm Waste
ÄIO, an Estonian startup, produces edible fats from agricultural byproducts like sawdust and farm waste using a unique yeast strain that converts sugars into fats instead of carbon dioxide or alcohol. The resulting fats are versatile, resembling chicken fat in solid form or vegetable oils like ca...
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Apple's 25W MagSafe Charger Now Works With Android Phones
Apple's new 25W MagSafe Charger now supports select Android devices in addition to Apple products, enhancing flexibility for users in the MagSafe ecosystem. The charger, available in 1-meter and 2-meter cable options for $39 and $49 respectively, was first noted in regulatory filings in Taiwan be...
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Fivetran and dbt Labs Merge in Major Data Infrastructure Shift
Fivetran and dbt Labs have merged in an all-stock deal to create an open data infrastructure platform that integrates data movement, transformation, and activation, aiming to simplify workflows and support various tools and AI models. The merger reinforces a commitment to open-source development,...
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Fertility Startup Revitalizes Human Eggs to Improve Conception Odds
A groundbreaking fertility startup is pioneering new methods to enhance human egg quality, potentially transforming IVF success rates for hopeful parents.Based in Germany, Ovo Labs has developed innovative therapies designed to "rejuvenate" aging eggs, addressing one of the biggest challenges in reproductive medicine. The technology could significantly improve outcomes for women undergoing in vitro fertilization (IVF).
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