Bitwise’s Matt Hougan said crypto wouldn’t “fully overcome” a four-year cycle but said market pullbacks would be “shorter and shallower” than before.
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024.
Investment firm D.E. Shaw has built a stake in Riot Platforms and is pushing the Bitcoin miner to change, Reuters reports.
Solana has captured around half — and sometimes nearly all — of the DEX volume in the last five weeks, and OKX says it’s extending its dominance over Ethereum.
Texas Lieutenant Governor Dan Patrick revealed that establishing a Bitcoin reserve in the state will be among 2025’s legislative priorities.
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the Microsoft-backed startup, according to the Financial Times. The potential investment would make SoftBank OpenAI’s largest single backer, the report said, surpassing […]
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Meta says its controversial decision to put an end to its fact-checking program hasn’t impacted advertiser spend. On its Q4 2024 call, Meta CFO Susan Li assured investors that advertiser demand remains strong and the company’s commitment to brand safety remains unchanged, despite the new measures. Meanwhile, CEO Mark Zuckerberg noted that the community notes […]
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Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand.
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LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company. But around earnings time, LinkedIn often reveals some figures that point to how it continues to grow. On Wednesday, as Microsoft reported its Q2 numbers, the […]
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Tesla CEO Elon Musk said Wednesday his company will launch a paid ride-hailing robotaxi service in Austin, Texas using its own fleet vehicles this coming June — the latest in a long line of sky-high promises he has yet to meet about autonomy. Musk was otherwise unsurprisingly light on details. During an earnings call, Musk […]
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