Despite reporting stronger-than-expected sales and earnings for the first quarter, Meta’s share price dropped by 15%. Analysts had predicted lower sales and income figures, but Meta surpassed these estimates. Despite this, Meta’s investors showed disappointment when the company lowered its sales forecast for the upcoming quarter. The company’s revenue expanded by approximately 27%, reaching around … Read more
President Joe Biden has signed a law allowing for the potential removal of TikTok from US markets within 9 months. Owned by Chinese company ByteDance, this app’s assets must be eliminated to enforce the ban. The administration emphasizes privacy and national security issues, expressing concerns over Chinese control of user data. The Senate and House … Read more
Although the SEC has put on hold its decision to approve a spot Ether ETF from Standard Chartered Bank, the financial institution continues to be hopeful about the future of the cryptocurrency market. New Development: Standard Chartered Bank now doubts the approval of a US Ethereum ETF by MayHowever, here are their predictions for year-end … Read more
Despite reporting stronger-than-expected sales and profit figures for the first quarter, Meta’s share price dropped by 15%. Analysts had predicted lower sales and income figures, but Meta surpassed these expectations. Despite this, Meta’s investors expressed disappointment when the company lowered its sales forecast for the upcoming quarter. The firm experienced a significant revenue growth of … Read more
BitcoinOS unveiled a whitepaper outlining groundbreaking approaches to tackle Bitcoin’s scalability issues and expand its smart contract capabilities. BitSNARK technology and Grail Rollup Bridges are among the advancements, enabling smooth interaction and transfer of assets between Bitcoin (BTC) and various other blockchains. In simpler terms, CASTL is a common framework for Bitcoin projects, unstated in … Read more