Author: Dave Staff
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Coinbase Smashes Expectations with $953.8 Million Revenue
Coinbase just dropped some impressive fourth-quarter numbers, boasting a revenue of $953.8 million—up a whopping 41% from the last quarter, blowing past analyst forecasts. This figure not only zoomed past…
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Sony Expects 20% Decrease in PS5 Sales, Announces Financial Business IPO
Sony has revised its full-year sales forecast for the PlayStation 5, lowering the expected unit sales from 25 million to 21 million, citing weaker-than-anticipated sales during the year-end shopping season….
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Andrej Karpathy Departs OpenAI to Pursue Personal Projects
Andrej Karpathy, a notable figure in the artificial intelligence community and one of the original members of OpenAI, has announced his departure from the organization. In a message shared on…
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Nvidia Inches Closer to Surpassing Alphabet in Market Value, Outshines Amazon
In a close race on Wall Street, Nvidia is on the brink of surpassing Alphabet to become the third most valuable company, as it ended Tuesday with a market capitalization…
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SpaceX Fined Over Worker Safety Violations After ‘Near Amputation’ Incident
Elon Musk’s SpaceX was fined $3,600 by U.S. worker safety officials this month following an accident at its Washington state facility, which resulted in a “near amputation” event, as per…
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Airbnb Projects Q1 Revenue Surge Amid Strong Global Travel Demand
Airbnb, the renowned short-term rental platform, has set its sights high for the first quarter, projecting revenue figures that soar past Wall Street predictions. The optimism is fueled by a…
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GoTo Clarifies: No Merger Talks with Grab Holdings Amid Financial Strides
Indonesia’s ride-hailing giant, GoTo, has officially stated that it is not in discussions with Grab Holdings regarding a potential merger, countering recent speculations. This clarification came after Bloomberg News reported…
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True Forex Funds to Resume Operations After License Dispute with MetaQuotes
True Forex Funds, a proprietary trading firm based in Hungary, is preparing to restart its operations next week following a sudden halt caused by the termination of its MT4 and…
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Firstrade Teams Up with Trading Central for Enhanced Analytical Tools
Firstrade, an online brokerage established in 1985, announced a partnership with Trading Central to broaden the range of analytical tools available to its clients. This collaboration seeks to assist investors…
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Funded Engineer Hits Snag in Relaunch Plans Amid Broker Switch
Funded Engineer, a Dubai-based proprietary trading firm, is facing a hiccup in its plans to relaunch services after its software licenses were axed by tech provider FPFX Technologies last week….
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Banxa’s UK Affiliate First to Land on FCA Crypto Register in 2024
The UK affiliate of global payments infrastructure provider Banxa marked a notable achievement by becoming the first company to enter the Financial Conduct Authority’s (FCA) crypto register in 2024. This…
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Ripple Expands US Footprint Despite SEC Legal Battle
Ripple isn’t letting its legal tussle with the U.S. Securities and Exchange Commission (SEC) dampen its ambitions within the United States. Despite the ongoing high-profile lawsuit—where Ripple has so far…
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Ledger Teams Up with Coinbase for Easier Crypto Purchases Directly to Wallets
In a move that bridges the gap between hardware wallets and cryptocurrency exchanges, Ledger has announced its integration with Coinbase. This partnership allows Ledger users to leverage Coinbase Pay for…
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Aptos Labs Rolls Out Passkey Feature to Simplify Transaction Signatures
Aptos Labs is changing the game for its blockchain network users by introducing a new feature: passkeys. This move aims to cut out the hassle of remembering passwords for transaction…
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Sushi Cooks Up a Storm with New Decentralized Derivatives Platform on Ethereum’s Layer N
Sushi, a decentralized finance (DeFi) platform, is set to spice things up with the launch of Susa, a decentralized derivatives platform. This new venture is perched on Layer N, an…
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ENS Labs and Manifold Finance Lock Horns Over Eth.link
The saga around the eth.link domain, a crucial piece of digital real estate for the Ethereum community, has taken a new twist. ENS Labs, the brains behind the Ethereum Name…
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Instacart Beats Q1 Forecasts but Announces Job Cuts Amid Cost-Reduction Efforts
Instacart, the grocery delivery platform, has projected its first-quarter gross transaction value (GTV) and core profits to surpass analyst expectations. Despite this optimistic outlook, the company disclosed plans to eliminate…
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Jeff Bezos Sells $2 Billion of Amazon Shares Amid Planned Disposal
Amazon.com’s founder, Jeff Bezos, has offloaded approximately 12 million shares of the e-commerce and cloud computing giant, fetching around $2 billion, a move disclosed in a company filing this Friday….
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IG Group Secures Naming Rights for New Arena in Nagoya, Japan
IG Group, a leader in electronic trading, in collaboration with Aichi International Arena Company, Ltd., and AEG, has announced a landmark 10-year naming rights partnership for a new 17,000-seat arena…
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Exness Kicks Off 2024 with a Surge in Trading Volumes and Record Number of Active Traders
Exness, a Cyprus-based multi-asset broker, has initiated the year 2024 on a positive note, witnessing a significant increase in trading volumes for January over December 2023. Despite the fewer trading…
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