Author - James Lim

The crypto world is losing its mind over when Bitcoin ETFs will arrive

The regulatory process is normally a dry affair: Corporate executives ask their lawyers to file paperwork and then sit around until an agency makes a decision. But in the case of pending applications for a Bitcoin ETF, crypto nerds are sharing any detail—real or imagined—with an obsession reminiscent of Swifties tracking the progress of the...

Citigroup alumni to offer BTC securities without SEC’s approval

Former executives of Citigroup Inc. will offer Bitcoin (BTC)-backed securities. According to a Bloomberg report published on Jan. 4 former Citigroup executives will offer BTC-backed securities that they say do not need approval from US regulators. The brazen move will see the issuer startup what is known as a “Receipts Depositary Corporation, or RDC. The securities will be Bitcoin...

Microsoft adds AI button to keyboards to call up chatbot

(Reuters) - Microsoft said it is adding a button to its Windows keyboard that would pull up the tech giant's Copilot service, in the first change for the device in nearly three decades. The "Copilot key", announced on Thursday, marks the latest effort by the company, which is investing billions in AI, to incorporate the technology...

Peloton to bring its content to TikTok in exclusive partnership

(Reuters) - Fitness equipment maker Peloton Interactive will bring its workout content to short-form video platform TikTok in an exclusive partnership, the companies said on Thursday. The partnership comes as Peloton, shares of which extended gains to jump 9.5% in premarket trading, is pivoting from hardware and transforming into a software-focused company, leaning on its exclusive...

Soccer-Veliz joins Tottenham’s growing injury list ahead of Burnley FA Cup tie

LONDON (Reuters) - Tottenham Hotspur striker Alejo Veliz is expected to be out for a couple of months with a knee injury, manager Ange Postecoglou said on Thursday as his team's growing injury list and one of 10 who will be missing from Friday's third-round FA Cup match. The 20-year-old Argentine was helped off the pitch...

Perplexity AI valued at $520 million in funding from Bezos, Nvidia

(Reuters) - Perplexity AI has raised $73.6 million in its latest funding round from a group of investors including U.S. chip designer Nvidia and Amazon founder Jeff Bezos in a deal valuing the artificial intelligence startup at $520 million. The round was led by Institutional Venture Partners, the San Francisco, California-based company said on Thursday. Perplexity AI,...

Illegal swims across Sungai Melaka but fails to flee Immigration officers

MELAKA: An illegal immigrant dove into and swam across Sungai Melaka in a bid to flee Immigration officers during a raid at Kampung Morten here. Melaka Immigration director Anirwan Fauzee Mohd Aini said the Indonesian man, in his 20s, was arrested as soon he reached the opposite side of the river bank during the operation at...

Malaysia’s water tariff among lowest in Asean, says SPAN

SHAH ALAM: Malaysia imposes one of the region's lowest average tariffs per cubic metre of water, says the National Water Services Commission (SPAN). Through the frequently asked questions about the water tariff adjustments on its website, SPAN said Malaysia charges the fourth lowest average tariff among Asean countries, at RM1.22 per cubic metre, while Myanmar is...

Johor hit by floods again

JOHOR BAHRU: Floods have hit Johor again, affecting four districts as of 2pm today, following a heavy uninterrupted downpour since last night. State disaster management committee chairman Azmi Rohani said the four districts affected by the floods are Kluang, Mersing, Johor Bahru and Kota Tinggi, with a total of 330 victims from 70 families forced to...

‘Severe continuous’ rain till Sunday expected in Johor, Pahang

PETALING JAYA: Several parts of Johor and Pahang are set to experience “severe continuous” rain from today till Sunday, according to the meteorological department (MetMalaysia). This comes just as over 1,000 people in Johor have been evacuated due to floods caused by persistent heavy rain since last night. In a statement, MetMalaysia said the continuous rain will...