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Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below ,000

Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below $69,000

Bitcoin and USA flag on a cracked wall. Ruma Aktar | Istock | Getty Images Cryptocurrencies were slightly higher as investors looked forward to results from the U.S. presidential election. Bitcoin rose 1.9% to $68,783.69, according to Coin Metrics. It’s sitting 7% below its all-time high, after coming within spitting distance of it last week. […]

Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below $69,000 Read More »

As Americans head to the polls, social media companies are in the spotlight

As Americans head to the polls, social media companies are in the spotlight

Kamala Harris and Donald J. Trump social media sites on X, formerly known as Twitter, are displayed on mobile phones screens for illustration photo.  Beata Zawrzel | Nurphoto | Getty Images With Americans heading to the polls on Election Day, social media companies like Meta, TikTok, X and YouTube are under intense pressure to handle

As Americans head to the polls, social media companies are in the spotlight Read More »

Nintendo cuts Switch sales forecast as demand for ageing console wanes

Nintendo cuts Switch sales forecast as demand for ageing console wanes

Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The Japanese gaming

Nintendo cuts Switch sales forecast as demand for ageing console wanes Read More »

The Dow needs Nvidia to give chipmakers representation in index after Intel’s plunge

The Dow needs Nvidia to give chipmakers representation in index after Intel’s plunge

Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images At around $23 a share, Intel is no longer a viable member of the Dow Jones Industrial Average. That was the conclusion of the S&P Dow Jones committee, which decides

The Dow needs Nvidia to give chipmakers representation in index after Intel’s plunge Read More »

Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at .4 billion valuation

Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024 (L), and Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Reuters Physical Intelligence, a robot startup based in San Francisco, has raised $400

Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation Read More »

Barry Diller calls timing of The Washington Post’s non-endorsement a ‘blunder’

Barry Diller calls timing of The Washington Post’s non-endorsement a ‘blunder’

To Barry Diller, a friend of Amazon founder Jeff Bezos, the decision for The Washington Post not to endorse a candidate in tomorrow’s presidential election was “absolutely principled” — and poorly timed, he said Monday on CNBC’s Squawk Box. “They made a blunder — it should’ve happened months before, and it didn’t, and that’s the

Barry Diller calls timing of The Washington Post’s non-endorsement a ‘blunder’ Read More »

Coinbase, a16z and others pour more than  million into pro-crypto PAC for 2026 election

Coinbase, a16z and others pour more than $78 million into pro-crypto PAC for 2026 election

With one day to go until the U.S. general election, crypto companies have already poured tens of millions of Dollars into the upcoming 2026 cycle. The pro-crypto and bi-partisan super PAC Fairshake said Monday that the committee and its affiliates have raised $78 million for the 2026 midterm elections. That $78 million includes more than

Coinbase, a16z and others pour more than $78 million into pro-crypto PAC for 2026 election Read More »

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