Latest Articles
Twitter Might Sell User Names to Generate Revenue
By Darya Rudz
• 3 mins read
It is now unclear if the idea of selling names on Twitter will be in action. However, last month, its owner Elon Musk said Twitter was preparing to remove as many as 1.5 billion accounts that were inactive for at least a year.
Crypto.com Delists USDT for Canadians Following OSC Ban
By Darya Rudz
• 3 mins read
In December, the Canadian Securities Administrators (CSA) announced strengthening its approach to oversight of crypto trading platforms by expanding existing requirements for platforms operating in Canada.
Apple’s App Store Slowing Down Its Growth with 2022 Revenue Declining
By Darya Rudz
• 3 mins read
With more than 650 million visitors across 175 regions each week, App Store has generated more than $320 billion since its launch in 2008.
Xiaomi-Backed Lidar Startup Hesai Planning to File for US IPO
By Darya Rudz
• 3 mins read
The details of the IPO have not been disclosed, but if Hesai proceeds with all the steps on time, it might be the first Chinese company to launch an IPO in the US this year.
SuperRare Reducing Its Staff by 30% Due to Adverse Market Conditions
By Darya Rudz
• 3 mins read
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,964 crypto jobs have been lost.
Ford Doubles EV 2022 Sales and Becomes Second EV Maker in US behind Tesla
By Darya Rudz
• 3 mins read
Ford increased its EV sales by 126% in 2022. Notably, its December sales were up as much as 223%, compared to December 2021. Currently, it is chasing Tesla to become the top EV producer in the US.
Moroccan Central Bank to Release Crypto Regulatory Bill ‘in the Following Days’
By Darya Rudz
• 3 mins read
For finalizing the bill, BAM collaborated with the International Monetary Fund and the World Bank.
SpaceX to Conduct $750M Funding Round at $137B Valuation
By Darya Rudz
• 3 mins read
The leading investor is Andreessen Horowitz, a private American venture capital firm that invests in seed, start-ups, early, mid-stage, growth, and late-stage. Earlier, a16z already invested in SpaceX, along with such companies as Founders Fund, Sequoia, Gigafund, and others.
Extreme Weather Conditions in North America Affect Binance Cloud Mining
By Darya Rudz
• 3 mins read
Following the severe storms across the US that led to power interruption, Binance will extend its users’ subscriptions to cloud mining products for three days. In case a power outage takes place again, another extension will be done.
Apple Japan to Pay $98 Million in Back Taxes for Missing Duty-Free Abuses
By Darya Rudz
• 3 mins read
Notably, iPhones are cheaper in Japan than abroad. As a result, Tokyo authorities suspect vendors trying to take advantage of the country’s duty-free system, purchasing the products and then selling them overseas, turning a profit by bypassing consumption tax.