Meta Platforms is reportedly acquiring a 49% stake in Scale AI, a leading data labeling company that powers many AI applications, as CEO Mark Zuckerberg seeks to strengthen Meta’s position in the competitive artificial intelligence landscape. After days of speculation, The Information reported on Tuesday that Meta has finalized a $14.8 billion deal for a … Read more
The new Head Endure tennis footwear lineup. Head The BOA Performance Fit System is coming back to tennis footwear. And this time Head introduces two dials, a first in the world of tennis. The new Head Endure Pro BOA men’s tennis shoe, launching July 17, brings two of BOA’s fit-forming dials—instead of laces—to the shoe’s … Read more
Trump administration officials met with the Chinese delegation in London for the second day on Tuesday, as the two countries seek to strike a trade deal in the aftermath of a contentious tariff war. Will US-China Trade Talks Be the Catalyst for Bitcoin’s $110K Breakthrough? The world’s two largest economies have been locked in a … Read more
Quant (QNT) crypto is sitting pretty at slightly above $120. The big question, though, is whether it will smash past $200 by month’s end. At $122, QNT crypto has a ways to go—just another 63% leap to hit $200. As hefty as it sounds to ask for it in under three weeks, it has never … Read more
Dogecoin skidded to a low near $0.168 last week before snapping higher to trade around $0.19 on Tuesday morning, up roughly six percent over 24 hours. The rebound unfolded in lock-step with bitcoin’s own recovery from the technically charged $106,800 level to just above $109,000, re-invigorating short-term dip-buyers across the memecoin complex. Dogecoin Needs To … Read more
Canaan Inc. (NASDAQ: CAN), an innovator in Bitcoin mining, reported today their bitcoin mining update for the month ending May 31, 2025, with 109 bitcoins mined. The company’s total bitcoin holdings rose to 1,466 BTC. “In May 2025, despite the 10% increase in tariffs on our Malaysia-made Bitcoin mining machines due to ongoing U.S. trade … Read more
The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the latest round of layoffs at the media company as it contends with the decline of the traditional pay-TV bundle and macroeconomic headwinds. The … Read more
Ahead of today’s markup of the CLARITY Act in the House Financial Services and Agriculture Committees on June 10, crypto industry leaders are sounding the alarm over a last-minute amendment. According to a post on X by popular crypto journalist Eleanor Terrett, crypto leaders think that new amendments in the CLARITY Act grant the SEC … Read more
US investment manager Guggenheim is expanding its digital commercial paper offering through a partnership with Ripple, underscoring the growing convergence between traditional finance and crypto-native enterprises. Under the partnership, Guggenheim’s subsidiary, Guggenheim Treasury Services, will make its US Treasury-backed fixed-income asset available on the XRP Ledger, according to Bloomberg. Ripple will invest $10 million in … Read more
In an expansion of its digital asset portfolio, Quantum BioPharma Ltd. has announced the purchase of an additional $500,000 in Bitcoin and other cryptocurrencies, bringing its total holdings to USD $5,000,000. The Canadian biopharmaceutical company made the move after securing approval from its Board of Directors. “Quantum BioPharma Ltd. is pleased to announce that after … Read more