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Inc42
16h
168
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ED Searches At Probo Premises, Attaches Assets Worth INR 284 Cr
- The Enforcement Directorate (ED) conducted search operations at four premises linked to the opinion trading platform Probo in connection with alleged illegal gambling/betting activities across India.
- During the searches, incriminating documents and digital data were seized, and assets totaling INR 284.5 Cr were frozen.
- Probo had reportedly received funds from foreign entities, and the ED alleged that the platform promoted deceptive betting mechanisms to exploit users.
- The platform lacked KYC verification, induced users through misleading ads, and did not have safeguards to prevent minors from registering. The probe was initiated following FIRs in Haryana and Uttar Pradesh.
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TronWeekly
16h
346
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Aerodrome (AERO) Gains 37 % in One Month as Breakout Signals Continue to Strengthen
- Aerodrome (AERO) has gained 37% over the past month, trading at $0.7060 with a market cap near $605 million.
- Technical analysis suggests AERO is approaching key resistance levels, potentially leading to a parabolic rally before year-end.
- Investor interest in AERO is increasing, driven by its positive performance and potential future gains.
- Analysts predict a breakout for AERO, with a possibility of triple-digit growth by the end of the year due to strong technical indicators and market dynamics.
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Mensjournal
16h
187
Study Names Most 'Dangerous' Beach in the U.S.
- A recent study identified New Smyrna Beach in Volusia County, Florida as the most dangerous beach in the U.S., based on shark attacks, surf zone fatalities, and hurricanes.
- Tideschart's rankings revealed that all 10 of the most dangerous beaches in the country are located in Florida, with New Smyrna Beach leading the list.
- New Smyrna Beach scored highest due to its significant number of shark attacks, with 277 recorded incidents, making it the 'shark bite capital of the world.'
- Despite being a popular tourist destination, Florida's beaches, including New Smyrna Beach, pose risks with shark encounters, surf fatalities, and hurricane threats.
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TechCrunch
16h
105
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Steve Davis left DOGE in May, but officials say he’s still running the show
- Steve Davis left the U.S. government in May but continues to have influence at DOGE, giving directions to officials and dismissing his departure as 'fake news'.
- Davis, a longtime Musk ally, remains engaged behind the scenes at DOGE, creating internal tension between Musk and President Trump.
- Current and former officials mention that Musk allies aim to establish 'DOGE 2.0' focusing on government IT systems, but critics believe their involvement benefits Musk's businesses.
- The situation at DOGE suggests ongoing power struggles and loyalty tests between supporters of Musk and Trump within the department.
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Pymnts
16h
34
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Insomnia Labs Debuts Stablecoin-Based Credit Platform for Creators
- Insomnia Labs has launched CreatorFi, a stablecoin-based credit platform for creators, offering advances on future earnings.
- The platform integrates financial tools for creators, enabling access to fiat or stablecoin lending.
- CreatorFi addresses the challenge of creators being shut out of traditional credit markets and underwriting of digital rights.
- The $12 million credit facility from investors like Kamui Finance will help creators scale production, launch new projects, and expand marketing.
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Hackernoon
16h
231
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MultiBank Group Announces Early Access Waitlist For Pioneering $MBG Token
- MultiBank Group has announced the opening of the waitlist for its $MBG Token, aimed at bridging traditional finance and blockchain technology.
- The $MBG Token differs from typical speculative offerings as it is a utility token backed by tangible assets worth $29 billion and daily trading volumes exceeding $35 billion.
- Built on MultiBank Group's ecosystem, the $MBG Token is supported by entities like MultiBank TradFi, MEX Exchange, MultiBank.io RWA, and MultiBank.io.
- The $MBG Token is expected to power a $440 million buyback and burn program over four years, leveraging real-world trading fees and commissions for sustained demand and value for token holders.
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Medium
16h
347
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How AI Max Revolutionizes Google Search Campaigns with Broad Match and Keywordless Targeting
- AI Max revolutionizes Google Search campaigns by utilizing broad match and keywordless targeting to enhance ad relevance and reach valuable search queries.
- By dynamically adapting ads to user intent, AI Max improves conversions and expands campaign reach beyond explicitly listed keywords.
- The use of AI Max was particularly beneficial for capturing longtail and conversational queries, providing a more efficient approach compared to traditional keyword targeting.
- AI Max automates campaign optimization by leveraging existing keywords, ad copy, and landing pages, allowing marketers to focus on strategic aspects of their campaigns.
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Insider
16h
179
Image Credit: Insider
These are the 10 most-shorted stocks in the market right now
- The most-shorted stocks in the market currently include retailer Kohl's and CRISPR Therapeutics, with short interest based on the percentage of shares outstanding on loan to short sellers.
- On July 7, short-sellers betting against Tesla made profits of $1.6 billion after Elon Musk announced the formation of a new political party.
- The list of most-shorted stocks consists mostly of smaller companies across various sectors, according to data from S&P Global Market Intelligence.
- Some of the top 10 most-shorted stocks in the US include names like Kohls Corp, CRISPR Therapeutics, and CleanSpark, each with different levels of short interest and year-to-date performance.
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Mensjournal
16h
220
Image Credit: Mensjournal
Deion Sanders Announces Decision on 2025 Season Amid Health Issues
- Deion Sanders, Colorado Buffaloes head coach, had been dealing with health issues earlier this summer, preventing him from attending the team's annual summer camps.
- Sanders has now announced that he is set to return from the health issues he was facing, as confirmed during one of his first public appearances of the summer at Big 12 media days.
- Despite being back and ready for the upcoming season, Sanders did not disclose the specific health issue that had kept him away.
- Colorado Buffaloes, under Sanders' leadership, are preparing for the upcoming season with potential starting quarterback decisions and a season opener against Georgia Tech on August 29.
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Mensjournal
16h
359
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Popular Bakery Closes Due to Cockroaches - Again
- L’Avenue Hats & Bakery in Sacramento, California, was forced to close for the second time due to health violations involving cockroaches and flies.
- In June, the bakery initially shut down after 29 German cockroaches were found in various locations, along with flies in the kitchen.
- The bakery was allowed to reopen after meeting specific requirements, but was closed again on July 1 due to additional cockroach and fly infestations.
- Despite the repeated violations, L’Avenue Hat’s and Bakery quickly passed a reinspection on July 2 and reopened, without issuing a statement regarding the incidents.
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Securitysales
16h
348
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DSI Security Services Partners Launching Nationwide Executive Protection
- DSI Security Services has partnered with Buckhorn Advisors, led by security veteran Todd Kreisher, to expand its executive protection services nationwide.
- The partnership aims to provide tailored security solutions and advanced consulting services, focusing on executive protection strategies in today's complex risk environment.
- DSI's CEO, Eddie Sorrells, highlights the collaboration as a significant step in supporting clients, combining operational strength with high-level risk consulting expertise.
- The partnership between DSI and Buckhorn Advisors offers a comprehensive risk management approach, merging operational excellence and strategic consulting to enhance security services nationwide.
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Medium
16h
29
Image Credit: Medium
Why Data Quality Revolutionizes Large Language Model Training
- Data quality plays a significant role in revolutionizing large language model training by unlocking superior performance, fairness, and efficiency.
- Carefully selecting, filtering, and ethically managing the data fed into these models is crucial for their effective training.
- A smaller model trained on cleaner, well-curated data can outperform a larger model trained on noisy, unfiltered datasets, emphasizing the importance of data quality over quantity.
- The shift towards data-centric AI is transforming how model training is approached and reshaping the entire AI landscape.
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Macdailynews
16h
233
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WaPo: ‘Apple faces existential problems and is in need of new blood’
- Apple faces mounting challenges in the tech landscape, including geopolitical tensions, regulatory scrutiny, and market dynamics.
- The company is struggling to keep up with technological shifts, notably missing the AI paradigm shift and facing antitrust issues.
- Adam Lashinsky suggests Apple needs new leadership to address its existential problems and outdated product strategy.
- Despite upcoming product launches like the Vision Pro headset, critics argue that Apple should have had a visionary leader preparing for technological advancements like AI.
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Insider
16h
89
Image Credit: Insider
How much do you know about the world's largest company? Take our quiz about Nvidia!
- Nvidia briefly crossed a $4 trillion valuation, becoming the first company to hit this milestone.
- CEO Jensen Huang transformed Nvidia from a gaming hardware maker into a premier AI tech company over the last 33 years.
- Nvidia dominates the AI chip market with GPUs necessary for training large language models.
- The company was founded in 1993 by Huang and his co-founders in a Denny's restaurant; it nearly went bankrupt in 1996 before a recovery.
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Inc42
16h
50
Image Credit: Inc42
India Mulls Incentivising Rare Earth Production To Tame China’s Tantrums
- India is considering incentivizing local production of rare earth materials to reduce dependence on China.
- The Centre is working on a plan to offer incentives to companies to produce rare earth magnets within the country.
- India's reliance on China for rare earth magnets has been impacted by China's export restrictions, prompting exploration of alternatives like sourcing from Australia.
- Despite the challenges posed by China's export ban, industry players are relatively optimistic and are exploring solutions like developing rare-earth-free motors.
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