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Concerns that NFTs may fall through regulatory cracks or be classified as commodities

NFTs are built on blockchain but are separate from cryptocurrencies, should have separate regulations, say exchanges.

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Shiprocket closes $185 million funding led by Zomato, Temasek and Lightrock

The company did not share the expected valuation after the funding round, but people briefed on the matter said it would be $900-950 million.

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Better.com CEO apologises after laying off 900 employees via Zoom call

Vishal Garg, who has come under intense criticism after the SoftBank-backed company laid off about 9% of its workforce through the video call, said he had "blundered the execution" of communicating the layoffs.

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White House to fund tech to evade censorship and increase privacy

The project, part of US President Joe Biden's Dec. 9-10 "Summit for Democracy," aims to promote democratic values "in the face of asymmetries in the way democratic and autocratic actors leverage and derive value from emerging technologies."

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Australia's central bank sceptical on digital currency, but that could change

Reserve Bank of Australia (RBA) Governor Philip Lowe also said regulators were reviewing the treatment of crypto-assets, and cautioned investors to be wary of the risks when buying.

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GameStop discloses SEC subpoena on trading activity, posts bigger-than-expected loss

GameStop's overall revenue rose to $1.30 billion, beating estimates of $1.19 billion.

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Instagram aims to launch chronological feed option in 2022

In his testimony, Instagram's Adam Mosseri called for the creation of an industry body to determine best practices to help keep young people safe online.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...