CryptoBlog n.2346
A Russian court fined Google a record $20 decillion for allegedly censoring pro-Kremlin content on YouTube. This fine, equal to $2.5 trillion trillion trillion, surpasses the world's GDP, and is the result of four years of accumulated fines, with the figure currently doubling every week under Russian law. Initially fined 100,000 rubles in 2020, YouTube faced penalties after lawsuits by Tsargrad and RIA FAN over channel restrictions. Google, with a $306 billion revenue last year, limited new Russian accounts last month and deactivated AdSense there since August. Since March 2022, Google hasn't served online ads to Russian users. These actions led to Russian authorities seizing Google's accounts, pushing its Russian subsidiary to bankruptcy. However, Google's free services like YouTube and Search remain operational in Russia.
CryptoBlog n.2345
OpenAI is exploring a potential partnership with Oracle to maximize computational power and enhance its consumer impact.
CryptoBlog n.2344
Gemini has received in-principle approval from Singapore’s MAS for a Major Payment Institution license, allowing it to offer digital payment and cross-border money transfer services.
CryptoBlog n.2343
Robinhood announced it will now offer contracts for betting on the 2024 U.S. presidential election outcome, allowing U.S. users to trade on the results between Kamala Harris and Donald Trump. This move builds on rising interest in event-based derivatives, and the rollout begins today for select U.S. users, with Robinhood aiming to expand beyond commission-free trading.