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UPS Shares Slide 9.9% as Company Missed Analysts’ Expectations on Both Earnings and Revenue in Q1 2023
By Steve Muchoki
• 3 mins read
For Q1 2023, UPS reported adjusted earnings per share (EPS) of about $2.20, whereas analysts expected the company to report an EPS of $2.21.
Jack Dorsey-Backed Bluesky Targets 1M Users at Launch as Twitter Wavers on Verification
By Steve Muchoki
• 3 mins read
Bluesky allows users to use domain names as handles to help achieve decentralized verification and give users more control over their identity.
Visa Announces Ambitious Crypto Product Roadmap Tapping on Ethereum Network
By Steve Muchoki
• 3 mins read
Visa is likely to tap the Polygon network to scale its Ethereum smart contract capabilities in Web 3.0 development.
US Appeals Court Rules in Favor of Apple against Fortnite Maker Epic Games over App Store Policies
By Steve Muchoki
• 3 mins read
The ruling, though it was a huge win for Apple, had minimal effects on AAPL shares.
Do Kwon Lawyers Tells SEC to Back Off Due to Lack of Jurisdictions Over Terra Products
By Steve Muchoki
• 3 mins read
Do Kwon’s lawyers indicated that Coinbase does not list securities, and the SEC has not been granted the powers by Congress to regulate digital assets as securities or commodities.
SoftBank Group-backed Arm Announces Plans to Build Advanced Semiconductor
By Steve Muchoki
• 3 mins read
With the growth of artificial intelligence (AI) amid the booming blockchain technology Arm is assured of a growing semiconductor market.
Abu Dhabi’s Financial Free Zone ADGM Proposes Legal Framework for DLT Markets
By Steve Muchoki
• 3 mins read
Abu Dhabi’s crypto and blockchain businesses are expected to grow exponentially and attract international investors, more so from the United States.
CoreWeave Raises $221M in Series B at $2B Valuation to Expand Specialized Cloud Infrastructure
By Steve Muchoki
• 3 mins read
With capital secured, CoreWeave is well-positioned to drive the AI industry to the next level in the coming years.
NFT Market: Number of Unique Traders Dramatically Drops to below 10K on All Platforms
By Steve Muchoki
• 3 mins read
The number of NFT sales across marketplaces has also significantly dropped in the past few days to approximately 16,149 sales reported on April 19.
Jack Dorsey-backed Bluesky Is Now Available on Android via Invites Only
By Steve Muchoki
• 3 mins read
The Bluesky social media platform is hiring for software developers positions including React Native expert among others and supports full-time remote capabilities.