Back in March, Twitter owner Elon Musk said there was a chance the company would report positive cashflow in the next quarter. A month later, Musk suggested most advertisers who’d fled the site had returned. But June has come and gone, and Twitter still has cashflow issues...
Posts published in “Business”
Microsoft and Sony have signed a 10-year binding agreement to keep Call of Duty on PlayStation following the Xbox maker’s acquisition of Activision Blizzard. The announcement tweeted yesterday (July 16) by Xbox chief Phil Spencer indicates the Japanese company is no longer fighting the $69 billion takeover.Read more...
The World Health Organization (WHO) declared the sugar substitute aspartame to be “possibly carcinogenic to humans,” but it is not recommending any changes to its consumption levels. For decades, the acceptable daily intake (ADI) of the non-sugar sweetener has been 40 mg per kg of body weight...
When the PGA Tour and LIV Golf announced that they were merging on June 6, that was a bit premature. They hadn’t actually signed a deal to do so—and they still haven’t.Read more...
The latest price moves in bitcoin (BTC) and crypto markets in context for July 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets...
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk...
The U.S. Securities and Exchange Commission (SEC) has launched its review of the latest bitcoin exchange-traded-fund (ETF) applications...
The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) has risen by more than 30% in the past 24-hours as trading volume hit $597 million, its highest level since October, 2021...
The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life...
It is a quieter week ahead for the global financial markets. However, economic indicators from China, the UK, and the US will move the dial...