The FinTech Hub
Source: Live Mint Perplexity AI has announced that Chinese AI startup DeepSeek’s R-1 reasoning model is now available to use for deep web research on its platform. The Aravind Srinivas led company stated that it is increasing the number of uses for both free and paid users as it adds more capacity. “DeepSeek R1 is…
Source: Bitcoinist Blockchain payment company Ripple has announced the acquisition of two additional Money Transmitter Licenses (MTLs) in the United States, one from New York and another from Texas on Monday. This brings Ripple’s total to over 55 Money Transmitter Licenses across its payments, custody, and stablecoin operations, underscoring the company’s robust growth in the…
Source: Coin Tegraph As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments. Read Full Article
Source: Venture Beat Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future. Read Full Article
Source: Live Mint Motilal Oswal Financial Services Share Price Today Live Updates : On the last trading day, Motilal Oswal Financial Services opened and closed at ₹693.95, with a high of ₹693.95 and a low of ₹628. The market capitalization stood at ₹39,738.17 crore. Over the past year, the stock has seen a 52-week high…
Source: Live Mint US President Donald Trump has reacted to the DeepSeek panic surrounding the US markets calling the Chinese AI app ‘positive’ and a wake up call for the US industry. Speaking to a Republican congressional retreat in Miami, Trump said, “Hopefully, the release of DeepSeek AI from a Chinese company should be a…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25472451/STK270_GOOGLE_MAPS_A.png?w=600&resize=600,400&ssl=1 "Google Maps to show Gulf of America and Mount McKinley")
Source: The Verge Google said today that it plans to update Google Maps to reflect President Trump’s January 20th executive order to change the names of the Gulf of Mexico and Denali to the Gulf of America and Mount McKinley, respectively. The company noted on X the updated nomenclature will appear once the Geographic Names…
Source: Bitcoinist In an announcement earlier today, business intelligence firm MicroStrategy revealed its continued Bitcoin (BTC) acquisition streak, purchasing 10,107 BTC for $1.1 billion. This latest purchase brings MicroStrategy’s total Bitcoin holdings to an impressive 471,107 BTC. MicroStrategy Not Fazed By Crypto Market Drawdown Despite the total crypto market cap declining from $3.75 trillion on…
Source: Coin Tegraph A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25762139/STKS488_TARIFFS_CVirginia_D.jpg?w=600&resize=600,400&ssl=1 "Trump says he’ll put tariffs on imported chips ‘in the near future’")
Source: The Verge Without going into detail about what might happen to the $52 billion in subsidies from the CHIPS Act under his administration, Donald Trump said tariffs on foreign computer chips, semiconductors, and pharmaceuticals are coming “in the near future.” He also namechecked DeepSeek’s AI releases, saying, “…coming up with a faster method of…
