Category: Specialized & Regional
Specialized & Regional Networks
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Circle, Tether freeze funds impacted by potential Binance ‘security issue’
Binance, the world’s largest crypto exchange, said it was actively investigating the matter and that funds are “completley safe.”
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Coinbase net income surges 66% in third quarter, benefiting from bitcoin investment gains
Coinbase posted better-than-expected earnings in the third quarter, largely due to a recovery in the cryptocurrency market.
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Euro edges up versus dollar after ECB holds rates
NEW YORK/LONDON, Oct 29 : The euro edged higher on Thursday after the European Central Bank kept interest rates unchanged, while the dollar eased against most major currencies after data showing rising US inflation.The ECB left interest rates unchanged in a well-telegraphed move but warned inflation risks wer
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‘Horrific’ Russian drone strike kills 14 at Ukraine train station: Kyiv
The strike came as Ukraine and Russia strive to uphold a fragile local ceasefire in the ravaged city of Oleshky – under Russian occupation since 2022 and where residents have faced months of food, water and medicine shortages.
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Intel shares drop 14% on Israel factory blast, PC weakness
Oct 29 : Intel shares plunged 14 per cent on Thursday after the chipmaker said a deadly explosion at its Israel factory would erase roughly $600 million in revenue over two quarters, with the full financial fallout still uncertain.The US chipmaker also warned of flagging PC revenue through the first half of
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Salesforce to buy defense tech firm Rune in military business push
Oct 29 : Business software maker Salesforce said on Thursday it would buy defense technology company Rune Technologies to expand its Missionforce business, which serves the US military and government agencies.Rune makes AI-powered software that helps troops forecast supply needs, plan the use of resources an
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Amazon slides on light fourth-quarter sales estimates, cash burn
Oct 29 : Amazon.com on Thursday reported a massive cash burn in the third quarter and forecast holiday-quarter revenue largely below Wall Street estimates, sending shares lower. Investors soured on shares of the company, driving them down about 5 per cent in extended trading. The shares had declined 4.3 per
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Reddit search traffic slumps, will push visitor sign-ins to curb AI scraping
Oct 29 : Reddit CEO Steve Huffman outlined a plan on Thursday to make signing-in mandatory for most content as the company grapples with data scraping and declining search referral traffic in recent months. Huffman warned that total daily active unique visitors (DAUq) could fall by a low double-digit percenta
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Walmart commits $6 billion to expand Symbotic deal
Oct 29 : Walmart said on Thursday it had extended its agreement with AI robotics firm Symbotic, committing about $6 billion over several years to bring more automation capabilities to its distribution network.Symbotic has been helping Walmart automate its supply chain since 2017.Under the agreement, S
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Coinbase snaps losing streak with third-quarter profit on lower expenses
Oct 29 : Cryptocurrency exchange Coinbase Global reported a quarterly profit on Thursday, snapping a three-quarter-long streak of losses, driven by lower operating expenses. Total operating expenses in the third quarter fell about 17 per cent to $1.15 billion, compared with $1.39 billion for the same period
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