[unable to retrieve full-text content]CoinspeakerIndia’s Tata Group Partners with UK Government to Invest Over $5B in Battery-Making Factory
The UK Tata factory should begin production by 2026, and supply nearly half of the country’s 2030 EV battery demand estimate.
India’s Tata Group Partners with UK Government to Invest Over $5B in Battery-Making Factory

[unable to retrieve full-text content]CoinspeakerXRP Futures Hit New Open Interest Record for 2023
Open interest on XRP futures has set a new record over $1.1 billion as the community continues to celebrate Ripple’s win against the SEC.
XRP Futures Hit New Open Interest Record for 2023

[unable to retrieve full-text content]CoinspeakerMeta’s Threads Already Has One-Fifth of Twitter’s Weekly Active User Base
The number of downloads and general user base Threads has pulled since launch is expanding and has already surpassed that of Twitter rivals.
Meta’s Threads Already Has One-Fifth of Twitter’s Weekly Active User Base

[unable to retrieve full-text content]CoinspeakerTreasury Yields Decline as Investors Remain Cautious about US and Global Economy
Treasury Yields are falling further due to general uncertainty in the market regarding interest rates and monetary policies.
Treasury Yields Decline as Investors Remain Cautious about US and Global Economy

[unable to retrieve full-text content]CoinspeakerJPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS
The increase in Q2 2023 figures show that JPMorgan is not negatively affected by its recent acquisition of First Republic Bank.
JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS

[unable to retrieve full-text content]CoinspeakerBinance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message 
In addition to thanking customers for 6 years of support, CZ also explained highs and lows Binance experienced since the launch in 2017.
Binance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message

[unable to retrieve full-text content]CoinspeakerSoftBank Group Is Contemplating US IPO for Its PayPay Payments Division
Before the end of 2023, SoftBank may finalize IPO efforts in the US for PayPay and Arm.
SoftBank Group Is Contemplating US IPO for Its PayPay Payments Division

[unable to retrieve full-text content]CoinspeakerChina to Enforce Stricter Rules for Generative AI Content to Maintain Government Control
As part of the rules, China will require a license from companies developing AI tools, obtainable before product launch.
China to Enforce Stricter Rules for Generative AI Content to Maintain Government Control

[unable to retrieve full-text content]CoinspeakerAI Will Be Largest Money Maker in History for Anyone, Says Self-Made Millionaire Exec
The CEO believes that although any one get in at any time, now is the best time to start making money using AI tools.
AI Will Be Largest Money Maker in History for Anyone, Says Self-Made Millionaire Exec

[unable to retrieve full-text content]CoinspeakerBitcoin Maintains $30K Price as Investors Await Data on Inflation and Jobless Claims
Although Bitcoin is holding strong in the $30K region, predictions are bullish, with one putting the coin at $50k this year.
Bitcoin Maintains $30K Price as Investors Await Data on Inflation and Jobless Claims

[unable to retrieve full-text content]CoinspeakerJapan’s Nikkei 225 Enters Fifth Straight Losing Plunge as Global Economy Fluctuates
The Nikkei is reflecting a general plunge in the global financial economy as it saw a plunge today despite hitting a high last week.
Japan’s Nikkei 225 Enters Fifth Straight Losing Plunge as Global Economy Fluctuates

[unable to retrieve full-text content]CoinspeakerMultichain Suspends Services Following $130M Exploit across Multiple Bridges
Multichain has now warned that because of the exploit, all transactions will be stuck on source chains until further notice.
Multichain Suspends Services Following $130M Exploit across Multiple Bridges

[unable to retrieve full-text content]CoinspeakerShibarium Layer 2 Blockchain Set to Launch in August, Says Shiba Inu Lead Developer
In addition to launching Shibarium in August after the blockchain conference, Shiba Inu would likely provide more information on ecosystem projects.
Shibarium Layer 2 Blockchain Set to Launch in August, Says Shiba Inu Lead Developer

[unable to retrieve full-text content]CoinspeakerBitcoin Hits New 2023 High Not Seen in 13 Months
The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin.
Bitcoin Hits New 2023 High Not Seen in 13 Months

[unable to retrieve full-text content]CoinspeakerMastercard Implements AI Fraud Detection Tool in Nine UK Banks to Prevent APP Scams
TSB, one of the nine banks, said the Mastercard AI tool has increased its APP fraud detection ability by 20%.
Mastercard Implements AI Fraud Detection Tool in Nine UK Banks to Prevent APP Scams

[unable to retrieve full-text content]CoinspeakerBinance Stops Deposits and Withdrawals for 8 Multichain-Bridged Tokens Until Further Notice
Binance will no longer allow the affected Multichain-connected tokens on its platform from the 7th of July, according to an announcement.
Binance Stops Deposits and Withdrawals for 8 Multichain-Bridged Tokens Until Further Notice

[unable to retrieve full-text content]CoinspeakerFourth Paradigm Receives Hong Kong IPO Green Light from Chinese Regulator after Fourth Attempt at Public Listing
Following acceptance by the CSRC, Fourth Paradigm should proceed with launching its IPO in the Hong Kong market.
Fourth Paradigm Receives Hong Kong IPO Green Light from Chinese Regulator after Fourth Attempt at Public Listing

[unable to retrieve full-text content]CoinspeakerOECD Data: UK Is Only G7 Country where Inflation Is Still Rising
Inflation in the UK is still on the rise despite continuous hikes in interest rates and inflation reductions in other G7 countries.
OECD Data: UK Is Only G7 Country where Inflation Is Still Rising

[unable to retrieve full-text content]CoinspeakerBitcoin Ordinals Launchpad Luminex Announces BRC-69 Standard to Simplify Recursive Inscriptions
According to ordinals launchpad Luminex, the BRC-69 standard will make recursive ordinals easy and also create additional enhancements.
Bitcoin Ordinals Launchpad Luminex Announces BRC-69 Standard to Simplify Recursive Inscriptions

[unable to retrieve full-text content]CoinspeakerVoyager Creditors Receive $5.1M Bill from Law Firm for March-May Services
McDermott Will & Emery has submitted a new bill of $5 million to Voyager creditors for the third interim, leading to a total over $16 million.
Voyager Creditors Receive $5.1M Bill from Law Firm for March-May Services

[unable to retrieve full-text content]CoinspeakerXpeng Shares Jump 11% as Company Records Growth in Deliveries after Year of Declines
Xpeng is hoping that its new car would help improve the company’s losses even as it has recorded a return to quarterly growth in deliveries.
Xpeng Shares Jump 11% as Company Records Growth in Deliveries after Year of Declines

[unable to retrieve full-text content]CoinspeakerWeb3 Domain Name Protocol Punk Domains Partners with Flare Network for More Domain Extensions
Punk Domains and Flare have partnered to launch more domain extensions and integrate domains with Bifrost for easy minting and fund transfer.
Web3 Domain Name Protocol Punk Domains Partners with Flare Network for More Domain Extensions

The funding round conducted only a few months after its public launch puts Typeface in fierce competition with similar tools.

Typeface, a generative artificial intelligence (AI) content creation platform for enterprises, announced it has concluded a Series B funding round. Typeface received $100 million in funding from a round led by Salesforce Ventures, the arm of Salesforce Inc (NYSE: CRM) that provides funding, support, and mentorship to startups. The round brings Typeface’s total funding to $165 million and puts the company’s valuation at $1 billion.
Other participants in the funding round include Google Ventures, the M12 venture fund from Microsoft, Madrona, Menlo Ventures, and Lightspeed Venture Partners.

In an official release, Typeface founder and CEO Abhay Parasnis said the

As research continues into a possible digital euro, the ECB plans to begin trials that settle transactions using a CBDC.

The European Central Bank will begin trials on market transaction settlements using distributed ledger technology (DLT) via a central bank digital currency (CBDC). The ECB’s readiness to begin the CBDC trials and experimentation follows the first meeting of the New Technologies for Wholesale Settlement Contact Group (NTW-CG).
The minutes of the meeting explored transaction settlements between financial institutions in addition to the development of a CBDC. The ECB’s trials will begin in 2024 and likely cover basic transactions and settlements as they will be “limited in capacity and time”.

The ECB and the Digital Euro CBDC
Last month, the ECB finalized a digital

After sustaining more than 1 billion euros in losses, Orange has decided to exit retail banking and has begun negotiations with BNP Paribas.

French telecommunications giant Orange is looking to get out of the banking sector by selling Orange Bank to BNP Paribas. Orange has now begun exclusive negotiations with BNP Paribas, which would end Orange’s banking business if successful.
Orange Bank has faced a little too much difficulty since the telecoms giant ventured into retail banking. The Orange Group began banking after buying a majority stake in Groupama Banque in 2016. At the time, Stephane Richard oversaw the acquisition and new business as the CEO. However, the current CEO, Christel Heydemann, is now getting rid of Orange Bank, hoping to sell it to BNP Paribas.

In an official

The European Commission’s proposals for the use of cash and the digital Euro contain similar content as a draft bill leaked earlier in June.

The European Union has published proposals that seek to preserve the use of cash in the region, while simultaneously setting a framework for the possible issuance of a digital euro. According to proposals by the European Commission, the aim is to ensure that banknotes and coins are still as accessible as ever while digital options are also supported.
The Commission said people in the EU have been transacting with euro coins and banknotes for over 20 years. While it wants this option to remain available, the publication notes that more people are now looking to digital payments. The European Commission stated:

“While 60% of people surveyed would

The head of Google’s cloud division has said the company’s discussions with the EU will help create a “path forward” for AI development.

Google is currently in productive talks with authorities in the European Union (EU) about artificial intelligence (AI) regulations. The company and EU regulators are having early discussions about designing safe AI technology.
Google Cloud CEO Thomas Kurian told CNBC that the conversations are for the progress of the technology. Kurian also noted that the aim is to maximize AI opportunities despite its inherent risks:

“We’re having productive conversations with the EU government. Because we do want to find a path forward…These technologies have risk, but they also have enormous capability that generate true value for people.”
Kurian confirmed that

Despite a few headwinds Wise has recently faced, the company’s stock jumped after revealing a spike in profits and revenue.

British fintech online money transfer firm Wise’s (LON: WISE) stock jumped almost 18% on Tuesday in reaction to a rise in company profits. In a recent statement, the London-based fintech noted that its profit before tax tripled to £146.5 million ($186.5 million). The company also reported that its earnings per share tripled to 11.53 pence.
According to data from MarketWatch, Wise stock has gained 6.58% in the last five days and 16.64% in a month. Since January, WISE rose 11.09%, and a whopping 97.6% in the past year. As of 1:49 pm BST, WISE was trading at £624.40 after climbing nearly 19% on the day. The company’s previous close was £525.40.

Wise has recorded a

WhatsApp Business is introducing new paid features as it announces its monthly active users are now more than 200 million.

Meta Platforms-owned WhatsApp Business, a version of the instant messaging app built for small businesses, now has over 200 million users. According to Meta CEO Mark Zuckerberg, this is a 4x jump from three years ago. In 2020, 2 years after its launch, WhatsApp Business announced a monthly active user (MAU) count of 50 million.
Meta is now touting the advantages of business messaging as the company records a decrease in advertising. The social media and tech giant has lost some of its core advertising business to a dwindling economy and a general reduction in spending power.

In 2021, the Facebook company rebranded to Meta Platforms to shift its focus to the

The state-owned Aramco believes that the oil demand forecast for the rest of 2023 is solid even though metrics point to a dwindling economy.

Saudi-owned oil and gas firm Saudi Aramco has a strong outlook on oil for the rest of the year as it anticipates healthy demand from India and China. Saudi Aramco predicts strong demand from both countries regardless of an economic retraction expected in global markets.
Speaking at the Energy Asia conference in Kuala Lumpur, Aramco CEO Amin Nasser said oil market fundamentals “remain generally sound” for 2023. He maintained this expectation, notwithstanding several signs of economic decline in China and India.

“Despite the recession risks in several OECD countries, the economies of developing countries, especially China and India, are driving