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Florida hotel discriminated against Arab American group after Oct 7 attack: DOJ

A hotel owner in the tourist district of Orlando, Florida has reached an agreement with the U.S. Justice Department over a discrimination lawsuit filed against the resort after it canceled a planned conference for an Arab American group in the aftermath of Hamas’ Oct. 7, 2023 attack on Israel. In the complaint filed Thursday, the … Read more

Freetrade acquired up by IG Group at 29% valuation discount

The Freetrade application on a smartphone and desktop PC. Freetrade LONDON — Freetrade, a British rival to popular stock trading app Robinhood, said Thursday that it’s been acquired by online investing platform IG Group. The deal values Freetrade at £160 million ($195 million) — a 29% discount to its last valuation. The startup said that … Read more

UnitedHealth Group (UNH) Q4 2024 Earnings: Key financials and quarterly highlights

UnitedHealth Group (NYSE: UNH) reported its fourth quarter 2024 earnings results today. Total revenues were $100.8 billion compared to $94.4 billion reported in the same period a year ago. Net earnings attributable to UnitedHealth Group common shareholders were $5.54 billion, or $5.98 per share, compared to $5.45 billion, or $5.83 per share, last year. Adjusted … Read more

Genius Group buys $5m more in Bitcoin, totaling treasury to $35m

Genius Group Limited has increased its Bitcoin Treasury to $35 million.  This purchase surpassed its milestone ahead of schedule in its ongoing effort to amass $120 million in Bitcoin holdings, according to a company release. The latest purchase comes just two months after the Singapore-based, AI-powered education company announced its “Bitcoin-first” strategy in early November. … Read more

Microsoft accuses group of developing tool to abuse its AI service in new lawsuit

Microsoft has taken legal action against a group the company claims intentionally developed and used tools to bypass the safety guardrails of its cloud AI products. According to a complaint filed by the company in December in the U.S. District Court for the Eastern District of Virginia, a group of 10 unnamed defendants allegedly used … Read more

UAE’s Phoenix Group Announces 50MW Bitcoin Mining Facility In North Dakota

The Phoenix Group, a UAE-based crypto powerhouse, is flexing its muscles in the US. On 6 January 2025, the company announced that its latest 50MW Bitcoin mining facility in North Dakota is officially live and operational. Boosting Hash Rates With Cutting-Edge Tech The North Dakota facility is nothing short of a beast. Designed with advanced … Read more

South Korea’s Lotte Group to leverage Arbitrum blockchain for its metaverse

South Korean conglomerate Lotte Group has tapped the Ethereum layer 2 network Arbiturm to enhance its artificial intelligence-driven metaverse platform, Lotte Caliverse. Announced at CES 2025, Arbitrum’s blockchain, with its 250ms block times, is described by Steven Goldfeder, CEO of Arbitrum developer Offchain Labs, as the “ideal home ground for Caliverse,” enabling “high-quality performance within … Read more

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