TheSpuzz Desk

Europe must choose between US or Chinese satellite tech, says FCC chair

Europe must choose between US or Chinese satellite tech, says FCC chair

Source: The Verge European allies who have reservations about working with Elon Musk’s Starlink will have more to worry about if they side with Chinese satellite internet services, Federal Communications Commission chair Brendan Carr told the Financial Times. Carr said that politics having an influence on long-term decisions in Europe was “unfortunate,” and that “allied…

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Ethena Labs exits German market following agreement with BaFin

Ethena Labs exits German market following agreement with BaFin

Source: Coin Tegraph Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy. Ethena Labs reached an agreement with Germany’s Federal Financial Supervisory Authority, also known as BaFin, to cease…

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Moveworks joins AI agent library craze

Moveworks joins AI agent library craze

Source: Venture Beat Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More AI agent marketplaces have become ubiquitous as enterprises look for ready-made agents they can customize and find agents for most of their use cases.  ServiceNow, Google, Writer, Amazon Web Services and Microsoft are…

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Sebi’s PaRRVA framework: Will it build trust in investment performance claims?

Sebi’s PaRRVA framework: Will it build trust in investment performance claims?

Source: Live Mint This framework introduces a mechanism to verify the past performance claims made by investment advisors (IAs), research analysts (RAs), and algo providers (collectively, Regulated Persons). Under the new framework, a registered credit rating agency will be designated as PaRRVA, an independent body responsible for verifying the risk-return metrics of investment advice, strategies,…

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