Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week. In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final […]
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Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC. The announcement comes on the second day of Microsoft’s 2026 fiscal year. Executives at the Redmond, Washington-based […]
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Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher duties. Shares of the company […]
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In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture to connect with their core customers. “Essence Fest is like my Black Friday,” said Rochelle Ivory, owner of beauty brand On the Edge Baby Hair. […]
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Bitcoin broke above $110,000 on July 3, capping a multi-day rally that perfectly illustrated the difference in how it trades across fiat and stablecoin markets. On Binance, the largest exchange by trading volume, BTCUSD held a consistent but narrow premium over BTCUSD in the days leading up to the move, averaging $36.33, or around 0.034%. […]
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SharpLink, Ethereum’s largest publicly traded holder, has expanded its ETH position, according to a July 1 statement. Between June 23 and June 27, the company acquired an additional 9,468 ETH for approximately $22.8 million, bringing its total Ethereum holdings to 198,167 ETH, valued at $485 million. According to DropsTab data, the firm’s unrealized loss is […]
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The United States has reached a new milestone in money circulation, with the M2 money supply climbing to an all-time high. M2, a key measure that includes cash, checking accounts, savings, and money market deposits, hit $21.94 trillion by the end of May. Year over year, M2 has grown by 4.5%. US M2 Money Chart […]
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An on-chain investigation has revealed that North Korea IT workers posing as foreign developers have earned nearly $17 million from crypto startups and blockchain companies this year. The findings, revealed by prominent blockchain investigator ZachXBT, show that these individuals have successfully integrated into dozens of crypto projects by concealing their identities and locations. According to […]
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Crypto equities have surged by an impressive 119% year-to-date, outpacing Bitcoin and almost every major asset class, according to analysts at 10x Research. Data from Yahoo Finance shows that stocks of companies involved in the crypto space, including Coinbase, Circle, and Robinhood, have posted double-digit gains of over 20% in the first half of 2025 […]
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BlackRock’s iShares Bitcoin Trust ETF (IBIT) is rapidly cementing its status as the most dominant BTC fund among its peers. Bitcoin analyst James Check highlighted the divergence in a June 29 X post, noting that total inflows across all other Bitcoin ETFs have stagnated around $20 billion since December 2024. Chart showing Bitcoin ETF flows […]
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