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BluSmart, India’s all-electric cab-hailing startup that was once seen as an emerging rival to Uber, appears to have suspended service in some cities just as the country’s market regulator launched a probe into Gensol Engineering, the publicly listed company that shares two of its co-founders. The cab service, which had been operating in Delhi-NCR, Bengaluru, … Read more
Google on Wednesday said it suspended 39.2 million advertiser accounts on its platform in 2024 — more than triple the number from the previous year — in its latest crackdown on ad fraud. By leveraging large language models (LLMs) and using signals such as business impersonation and illegitimate payment details, the search giant said it could suspend … Read more
Ripple Labs (XRP) and the US Securities and Exchange Commission (SEC) have filed a joint motion to suspend their appeals and cross-appeals for 60 days, bringing the long-running saga closer to an official settlement. The joint motion noted that Ripple and the SEC have reached an agreement-in-principle, pending approval from the SEC, to resolve the … Read more
Crypto.com has rejected the Commodity Futures Trading Commission’s request to pause all trading for its sports contracts as the commission decides to review whether they violate any regulations on gaming. According to a recent Bloomberg report, the CFTC has asked the crypto exchange to put all trading of sports-related contracts on hold as the commission … Read more
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