Crypto CEO accused of laundering $500 million to Russian banks
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Block Shares Plunge 7% After Disappointing Q3 Earnings Miss Analysts’ Expectations
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Block Inc., the fintech giant founded by Jack Dorsey, saw its shares drop nearly 8% on Friday following weaker-than-expected third-quarter results that highlighted a slowdown in profit growth from its Square business segment. Here’s how the company performed compared with LSEG analyst estimates: Earnings per share (adjusted): $0.54 vs. $0.67 expected Revenue: $6.11 billion vs. […]
Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”
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Bill Gates has spoken out strongly against recent U.S. cuts to global aid programs, calling the decision “devastating” but still reversible. The billionaire philanthropist and Microsoft co-founder urged policymakers to restore funding for critical international initiatives, warning that the consequences of inaction are already proving fatal. In a post on X (formerly Twitter), Gates responded […]
Uber taps AI firm Wayve to pilot fully driverless rides in the UK
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SEC–CFTC Joint Meeting at 1PM: Could This Be the Turning Point for Bitcoin and Crypto Regulation?
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The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are holding a high-stakes joint roundtable on digital asset regulation today, from 1:00 to 5:30 P.M. ET, streamed live on SEC.gov. Opening remarks will be delivered by SEC Chair Paul S. Atkins and CFTC Acting Chair Caroline D. Pham, with closing commentary […]
Meta Slashes 600 Jobs in AI Division as Alexandr Wang Strengthens Control Over Company’s Artificial Intelligence Vision
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Meta is laying off around 600 employees from its artificial intelligence division as part of a major restructuring aimed at streamlining operations and accelerating innovation. A company spokesperson confirmed that the move is part of CEO Mark Zuckerberg’s broader plan to make the organization leaner and more efficient. The job cuts were announced in a […]
Ethereum Plunges After $100 Million DeFi Hack Sends Shockwaves Through Crypto Market
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Ethereum’s native token Ether (ETH) dropped sharply on Monday, falling as much as 9% and breaking below the crucial $3,600 support level after a major security breach hit one of its decentralized finance (DeFi) protocols. According to market data, Ether was recently down around 6.6%, trading close to $3,600 — roughly 25% lower than its […]
Apple’s First Official Store Coming to Pakistan — Dolmen Mall Lahore Chosen for Landmark Launch
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Airlink Communication has announced plans to launch Pakistan’s first official Apple retail store by the end of 2025, marking a major milestone for Apple fans across the country. The flagship store will open inside Dolmen Mall Lahore, sharing retail space with a Xiaomi outlet, according to details shared during Airlink’s recent corporate briefing with Topline […]
Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers
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WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]
State Street Says It’s ‘Too Soon to Count Out AI’ as Tech Momentum Powers On
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State Street is doubling down on its optimism toward artificial intelligence investments, even after the Nasdaq suffered its steepest weekly decline since April. Chief Business Officer Anna Paglia said momentum-driven tech stocks continue to show strength as investors remain captivated by the transformative potential of AI. “How could anyone not want exposure to the growth […]
