Cash App is making a major move in the peer-to-peer payment space with the introduction of a new feature called Pools, aimed at simplifying group payments. The launch marks the platform’s first major update to its P2P functionality in nearly two years and allows contributions from non-Cash App users via Apple Pay and Google Pay […]
Big news for anyone following Technology Business News this week. Keir Starmer just confirmed that the UK and EU will hold their second post-Brexit summit on July 22, this time in Brussels. He posted it on X himself, saying he’d agreed the date with European Council President António Costa while they were both at the […]
The U.S. Department of Justice has announced the seizure of $15 billion in bitcoin, marking the largest cryptocurrency forfeiture in its history. Prosecutors said the funds were linked to a massive “pig butchering” fraud scheme operated out of Cambodia. An indictment unsealed in federal court in Brooklyn on Tuesday charged Chen Zhi, also known as […]
The cryptocurrency market kicked off the week on a volatile note, with more than half a billion dollars in leveraged positions wiped out amid renewed macroeconomic worries. Bitcoin slipped 2% to $115,255 after briefly plunging to $114,706, just days after setting a new all-time high of $124,496. Ether also pulled back 4% to $4,283, retreating […]
Gold prices ticked upward on Monday, helped by a pullback in U.S. Treasury yields, as markets awaited U.S. President Donald Trump’s meeting with Ukrainian President Volodymyr Zelensky and key European leaders later in the day. As of 08:40 GMT, spot gold was up 0.4% at $3,348.28 per ounce, after briefly touching its lowest level since […]
Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has increased the size of its upcoming initial public offering. The company now plans to raise approximately $990 million by offering 30 million shares priced between $32 and $33 each, valuing the firm at about $4.8 billion, according to a recent filing with the U.S. […]
Microsoft has struck a landmark agreement with the U.S. General Services Administration (GSA), offering over $6 billion in cost savings on cloud services over the next three years. The deal provides government agencies with access to discounted pricing on Microsoft’s cloud platforms and productivity tools through September 2026. As part of the initiative, federal agencies […]
The cryptocurrency market surged on Thursday amid growing excitement that Bitcoin and other digital assets may soon become part of 401(k) retirement portfolios. Former President Donald Trump is expected to sign an executive order that paves the way for retirement accounts to invest in alternative assets — including private equity, real estate, and cryptocurrencies. Bitcoin […]
Spotify’s stock took a sharp 11% dive on Tuesday — marking its worst trading day since July 2023 — after the music-streaming giant missed analysts’ revenue forecasts and offered weaker-than-expected guidance for the upcoming quarter. The company posted a Q2 loss of €86 million, or €0.42 per share, falling short of market expectations which anticipated […]
Quantum computing stocks surged Monday after JPMorgan Chase unveiled plans to back the sector as part of a sweeping new investment program. The banking giant announced it will commit up to $10 billion across four key areas: advanced manufacturing and supply chains, defense and aerospace, clean energy technology, and frontier innovations such as quantum computing. […]