Companies

Companies · 3 weeks ago Europe Turns to Mexican Diesel Imports Amid Supply Crisis Europe is importing diesel from Mexico for the first time in seven years as the continent faces a severe supply crisis, exacerbated by geopolitical tensions and sanctions on Russian energy.

Companies · 3 weeks ago Coinbase and Better Mortgage Launch Bitcoin-Backed Mortgages for Homebuyers Coinbase, in partnership with Better Mortgage, has launched Bitcoin-backed mortgages, allowing users to leverage their crypto holdings for home purchases without selling them.

Companies · 3 weeks ago Anthropic Signs $45 Billion Lease with NScale for AI Compute Capacity Anthropic has entered into a $45 billion lease agreement with NScale to secure AI compute resources, marking a significant step in its infrastructure strategy.

Companies · 3 weeks ago Nvidia Set to Report Record Q2 Earnings Amid Rising Memory Costs and AI Demand Nvidia is expected to announce significant Q2 fiscal 2027 earnings, with projections of $92 billion in revenue and a focus on rising memory costs impacting profitability.

Companies · 3 weeks ago Meta's Project OT Faces Employee Resistance and Technical Challenges in AI Transition Meta's ambitious Project OT aimed to transform the company into an AI-native organization, but faced significant employee pushback and technical limitations, leading to a reduced workforce impact.

Companies · 3 weeks ago Meta CEO Mark Zuckerberg Halts Major Layoffs Amid AI Transformation Plans Meta has paused its plans for significant workforce reductions, originally set to cut up to 60% of teams, following employee pushback and internal challenges in its AI initiatives.

Companies · 3 weeks ago Binance to Remove Seven Spot Trading Pairs Including SUI and LTC Binance will remove seven spot trading pairs, including SUI/BNB and LTC/BNB, on August 21, 2023, as part of its market optimization efforts.

Companies · 3 weeks ago SpaceX to Build World's Largest Spaceport in Louisiana with $100 Billion Investment SpaceX has announced a $100 billion investment to develop the world's largest spaceport in Louisiana, expected to create over 11,000 jobs and support thousands of launches annually.

Companies · 4 weeks ago Binance Appoints Two Senior Compliance Executives from Crypto.com Binance has strengthened its compliance team by hiring Antonio Alvarez and Duncan DeVille from Crypto.com as it navigates ongoing regulatory scrutiny.

Companies · 4 weeks ago Aerodrome Introduces Tokenized Stocks for Major Tech Companies on Base Network Aerodrome has launched tokenized versions of Nvidia, Meta, Apple, and Google stocks on its decentralized exchange, allowing eligible users outside the U.S. to trade these assets backed by real shares.

Companies · 4 weeks ago Take-Two's SEC Filings Hint at GTA VI's Sharkbux Currency on Solana Take-Two Interactive's recent SEC filings suggest a proposed in-game currency called Sharkbux for GTA VI, potentially utilizing Solana technology. However, the authenticity and official approval of this currency remain unclear.

Companies · 4 weeks ago Bitwise Introduces Automated Token Portfolios for Non-US Investors Bitwise Asset Management has launched Automated Token Portfolios (ATPs) for eligible non-US users, allowing them to hold self-rebalancing portfolios of tokenized US stocks in their own wallets.

Companies · 4 weeks ago LayerZero Introduces ATLAS Exchange with Citadel Securities and DTCC Collaboration LayerZero Labs has launched ATLAS, a blockchain-based exchange designed for financial institutions, with Citadel Securities and DTCC as key partners. The platform aims to enhance digital asset trading infrastructure for brokers and regulated entities

Companies · 4 weeks ago Jack Ma and Alibaba Executives Invest $76.5 Million in Stock Amid AI Focus Jack Ma, along with Alibaba's chairman and CEO, has invested over $76 million in the company’s stock, signaling confidence in its AI initiatives following a significant share placement.

Companies · 4 weeks ago Meta to Launch Consumer AI Agent 'Hatch' in Early September Meta Platforms is set to introduce its consumer AI agent, Hatch, in the coming weeks, aiming to diversify revenue beyond advertising.

Companies · 4 weeks ago Pavel Durov Marks Two Years of Legal Challenges in France Over Telegram's Policies Telegram founder Pavel Durov highlights ongoing legal issues in France, asserting that the case against him stems from his refusal to comply with government censorship demands.

Companies · 4 weeks ago Federal Court Allows Binance Theft Lawsuit to Proceed, Rejecting Arbitration A federal appeals court has ruled that a theft lawsuit against Binance can move forward, as the plaintiffs never opened accounts with the exchange, thus not being bound by its arbitration terms.

Companies · 4 weeks ago Oura Health Plans Up to $3 Billion IPO Valuing Company Over $16 Billion Oura Health is seeking to raise as much as $3 billion in a US IPO, potentially valuing the company at over $16 billion. The offering could occur as early as September 2023.

Companies · 4 weeks ago Strategy Establishes $6.69 Billion USD Liquidity Reserve for Bitcoin Purchases Corporate software company Strategy has created a $6.69 billion USD liquidity reserve to support future Bitcoin acquisitions and cover dividends and debt interest payments.

Companies · 4 weeks ago Coinbase Launches Tokenized Stocks on Base, Enhancing DeFi Ecosystem Coinbase has introduced tokenized stocks on its Base platform, allowing users outside the U.S. to trade shares of major companies like Apple and Nvidia on-chain.