Pharos Network, a layer 1 blockchain focused on tokenized real-world assets, said it raised $44 million in a Series A round led by a mix of traditional finance and crypto investors. Backers include Sumitomo Corporation’s venture arm, SNZ Holding, Chainlink and Flow Traders, along with unnamed financial institutions the firm described as “giants in global…
Shares of Nvidia surged to a record high on Friday, pushing its market capitalisation past $5 trillion for the first time since October, as investor enthusiasm for artificial intelligence chips gathered pace ahead of key earnings from major tech firms.The stock climbed 4.3% to close at $208.27, marking a strong comeback after a weak start…
NEW DELHI: West Bengal Police on Saturday detained the main organiser of an event in Kolkata’s Salt Lake after chaos erupted over Argentine football star Lionel Messi’s brief appearance.During a press briefing, Kolkata DGP Rajeev Kumar said that the police are taking action to ensure the mismanagement “does not go unpunished.”“We have already detained the…
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NEW DELHI: Nearly seven lakh voters have been added to the electoral rolls in West Bengal ahead of the assembly elections, officials said, though detailed demographic data is yet to be released by the Election Commission of India. Of the newly added electorate, about 3.22 lakh are set to vote in the first phase, while…
NEW DELHI: Supreme Court has ruled that candidates belonging to Scheduled Castes, Scheduled Tribes, Other Backward Classes and Economically Weaker Sections are entitled to general category posts if they secure the cutoff marks stipulated for general category.The ruling by a bench of Justices Dipankar Datta and Augustine G Masih was inspired by SC’s landmark verdict…
Prime Minister Narendra Modi NEW DELHI: Prime Minister Narendra Modi on Monday addressed the Lok Sabha on the ongoing crisis in West Asia, triggered on February 28 when the United States and Israel launched joint attacks on Iran, plunging the Gulf region into turmoil.The continued bombings and strikes across the oil-rich region have posed serious…
As fears mount that the artificial intelligence (AI) bubble has popped, Wall Street dealmaking is being kept alive by a fundamental problem: bitcoin BTC$87,650.10 miners and data center developers still require serious amounts of power. “M&A work is still ongoing as people still need power,” said Joe Nardini, head of investment banking at B. Riley…
