Google parent Alphabet profit surges 29% in Q2 amid AI splurge
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business. Go to Source
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Telegram mini-app devs can now earn Toncoin with Adsgram
The TON Foundation-backed Adsgram platform differs from previously available Telegram advertising tools by allowing developers to earn money from ads in mini-apps. Go to Source
Reddit shares jump after-hours on OpenAI data-sharing deal
Reddit said the deal allows OpenAI’s tools to “better understand and showcase Reddit content” and sees the AI firm back new features on the social platform. Go to Source
Thai regulator cracks down on deceptive crypto ads
Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments. Go to Source
FCA releases guidance for compliance with new UK crypto asset promotion rules
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8. Go to Source
Binance, OKX to comply with new financial promotions rules in UK
Crypto firms such as Binance, OKX and MoonPay have announced they’ve been working to comply with the United Kingdom’s new financial promotion rules. Go to Source
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter. Go to Source
SEC charges crypto investment manager with misleading advertising, custody claims
The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues. Go to Source
Crypto ads face stricter rules including a referral bonus ban by FCA
Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses. Go to Source Powered by WPeMatico
‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change
After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin proponents expressed distaste for the logo change, and a few insisted that … Read more
