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Reddit aims to raise $500 mn in stock market debut
Reddit aims to raise $500 mn in stock market debut
by  AFP

Reddit plans to raise some $500 million with its initial public offering of shares , using the money to improve the platform and its money-making power, according to a regulatory filing on Monday. A date for the initial public offering of shares has yet to be set.

French state hit by 'intense' cyberattack: PM's office
French state hit by 'intense' cyberattack: PM's office
by  AFP

Cyberattacks of "unprecedented intensity" have targeted several French government institutions just months before the Paris Olympics but have been contained, the prime minister’s office said Monday. "Many ministerial services were targeted" from Sunday "using familiar technical means but of unprecedented intensity," Attal's office said.

TikTok dragged into US election as Trump opposes ban
TikTok dragged into US election as Trump opposes ban
by  AFP

In a major reversal, former US president Donald Trump on Monday said he was against a ban of TikTok as the fate of the popular video-sharing app was dragged into the US election campaign. The former US leader denied accusations that he changed his tune because a major investor in Bytedance, hedge funder Jeff Yass, is donating to his campaign.

Bitcoin zooms to record beyond $72,000
Bitcoin zooms to record beyond $72,000
by  AFP

Bitcoin raced to an all-time peak above $72,000 Monday as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. Bitcoin won further support Monday after Britain's Financial Conduct Authority watchdog said it would join US regulators by allowing the creation of crypto-related securities.

Proliferating 'news' sites spew AI-generated fake stories
Proliferating 'news' sites spew AI-generated fake stories
by  AFP

A sensational story about the Israeli prime minister's "psychiatrist" exploded online, but it was AI-generated, originating on one of hundreds of websites researchers warn are churning out tech-enabled fiction masquerading as news.

In bitcoin's shadow, another cryptocurrency, Ether, stages its own rally
In bitcoin's shadow, another cryptocurrency, Ether, stages its own rally
by  AFP

Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Bitcoin's rise has been well-documented, but Ether's has been even more impressive, surging almost 72 percent year to date in comparison to bitcoin's 61 percent rise.