Business

May 03, 2024

Block shares see after-hours bump as Q1 results top estimates

Fintech firm Block has exceeded Wall Street analyst revenue and earnings forecasts in its first-quarter results, leading to a surge in its shares after-hours.   Q1 […]
April 30, 2024

Elon Musk’s X to remove likes and reposts from timeline within ‘weeks’

The social media platform X is considering removing likes and reposts from view on the timeline, as revealed by a software engineer at X.   According […]

Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report

Apple has been aggressively recruiting experts from Google to strengthen its artificial intelligence (AI) and machine learning capabilities. According to a Financial Times (FT) report on […]
April 27, 2024

Custodia Bank takes case to higher court after March setback

Custodia Bank has filed a notice of appeal with the United States Tenth Circuit Court of Appeals, contesting a ruling from March that denied its bid […]

Republic First Bank closed by US regulators — crypto community reacts

United States regulators have shut down Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024. This development has ignited discussions within the crypto […]
April 25, 2024

Changpeng Zhao could serve time in the same facility as ‘crypto-anarchist’ Jim Bell

Former Binance CEO Changpeng “CZ” Zhao has requested probation as his sentence after pleading guilty to violating money laundering laws. His legal team, including Robert Palmquist, […]
April 24, 2024

Tesla teases robotaxi ride-hailing app ahead of August reveal

Tesla, along with CEO Elon Musk, has revealed new insights into its much-anticipated autonomous ride-hailing service, offering riders the ability to summon supposedly driverless vehicles akin […]

Binance founder should be jailed for 36 months, US prosecutors say

As the United States authorities prepare to sentence Binance founder Changpeng “CZ” Zhao on April 30, prosecutors have requested imprisonment for the former CEO.   According […]
April 23, 2024

X payments details released: App to become your bank account

Christopher Stanley, X’s head of payments, announced plans to broaden the platform’s functionality beyond simple tipping. Users will soon be able to send money to other […]

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