Topic: regulatory environment
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Robinhood Launches Copy Trading After Warning Rivals on Regulation
Robinhood is launching a copy trading service called Robinhood Social, allowing users to manually follow and replicate trades of well-known investors, marking a strategic shift from its previous regulatory caution. The move reflects a changing regulatory environment and growing competition in soc...
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Tesla's Austin Robotaxi Test: 3 Crashes on Day One
Austin, Texas has become a major hub for autonomous vehicle testing, attracting companies like Tesla with its favorable regulations and infrastructure, despite a competitive landscape. Tesla's robotaxi testing in Austin experienced a problematic start, with three reported crashes on its first day...
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Meta Launches Ad-Free Subscription Plan in the UK
Meta is introducing a new, ad-free subscription plan for Facebook and Instagram users in the UK, allowing them to pay a monthly fee to remove all advertisements from their experience. The subscription costs £2.99 per month on the web or £3.99 via app stores, with tiered pricing for additional acc...
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Volvo's New American-Made Hybrids Are Range-Extended EVs
Volvo is developing a new generation of extended-range electric vehicles (EREVs) for the American market, which will be built at its South Carolina factory as a strategic response to market conditions. The vehicle is designed as an electric car first, with a gasoline engine acting only as a gener...
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Egypt's MNT-Halan Targets GCC's Underserved Market with Expansion
MNT-Halan is expanding in GCC nations, targeting underserved consumers in the UAE and Saudi Arabia to increase access to digital financial services. The company has grown rapidly, gaining 1.5 million users and offering loans, salary advances, and auto loans through strategic partnerships. Leverag...
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Gemini Crypto Exchange Files for IPO by Winklevoss Twins
Gemini Space Station Inc., founded by the Winklevoss twins, has filed for an IPO to list on Nasdaq, marking another step in crypto's mainstream financial integration. Despite expanding into stablecoins and credit cards, Gemini faces financial challenges, with significant losses ($282.5M in H1 202...
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Meta's 'Super-Sensing' AI Glasses: A New Gaze on Privacy?
Reports suggest Meta is developing a new generation of AI-powered smart glasses, codenamed Aperol and Bellini, that could incorporate facial recognition technology and "always-on" sensing capabilities. This development marks a potential shift from the company's earlier
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ReOrbit Secures Record Funding to Challenge SpaceX's Starlink in Europe
ReOrbit, a Finnish startup, raised €45 million in Series A funding to provide sovereign satellite solutions, enabling nations to operate independent communication networks without relying on foreign systems like Starlink. The company offers both hardware and proprietary software for managing sate...
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Microsoft's $30B UK Investment Outshines Google's Efforts
Microsoft is investing £22 billion ($30 billion) in the UK from 2025 to 2028 to enhance AI infrastructure, including building a state-of-the-art supercomputer with over 23,000 GPUs. The investment, described as a substantial increase over previous commitments, contrasts with Google's smaller pled...
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Shamillah Bankiya on the State of Europe's Venture Market
Shamillah Bankiya, a partner at Dawn Capital, highlights Europe's dynamic venture market growth, including increased American investor interest and globally successful startups in AI and fintech. She points out structural challenges such as fragmented European stock exchanges and stringent regula...
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Hyundai's Supernal Loses More Execs in Air Taxi Shake-Up
Hyundai's electric air taxi venture Supernal is undergoing a significant leadership transition, with key executives including the Chief Strategy Officer and Chief Safety Officer departing as part of a strategic reassessment. The company is pausing its core air taxi development program and has fac...
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