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Oracle Shares Drop Over 9% after Reporting Bleak Q1 2024 Revenue Outlook
By Steve Muchoki
• 3 mins read
Following an uptick in first-quarter revenue, Oracle’s board of directors approved a cash dividend of about 40 cents per share, which will be paid out to shareholders on October 26.
Coinbase CEO Eyes Flatcoins as Next Form of Money Tracked that Tracks Consumer Prices Like in CPI
By Steve Muchoki
• 3 mins read
Armstrong pointed out protocols like Truflation, Ampleforth/Spot, and Nuon that are building crucial infrastructure for the development of flatcoins in the near future.
Apple to Host Major Event on Tuesday: iPhone 15 and USB-C to Take Center Stage
By Steve Muchoki
• 3 mins read
Apple shares continued with YTD’s bullish outlook with the launch of iPhone 15 which is meant to boost sales of its smartphone global shipments.
SoftBank-backed Stack AV Launches Autonomous Truck Business to Streamline Supply Chain Management
By Steve Muchoki
• 3 mins read
Stack AV has a team of experienced developers working on an AI-powered technology to increase productivity and efficiency in truck businesses.
Westlake Financial Partners with Pagaya Technologies to Democratize Auto Loans Using AI
By Steve Muchoki
• 3 mins read
Following the strategic partnership, Westlake Financial will leverage Pagaya’s relationships with asset managers and other partners to finance the auto loans.
Binance to Refund 1,909 Ether Stolen by XIRTAM to Over 1,750 Victims
By Steve Muchoki
• 3 mins read
Binance clarified that only participants of the official XIRTAM token sale, public and private are eligible for a refund, thus leaving exchange buyers exposed.
New York Court Orders Asset Freeze for Former Celsius CEO Alex Mashinsky Due to Ongoing Criminal Case Proceedings
By Steve Muchoki
• 3 mins read
Mashinsky had already put his Austin, Texas property that was acquired in 2021 with Celsius proceeds, on sale for about $2.49 million.
DCG-backed Genesis Global Trading to Shut Down US Crypto Spot Trading by September 18
By Steve Muchoki
• 3 mins read
The decision by Genesis Global Trading (GGT) to wind down its business was reportedly voluntary and is currently working with regulators to ensure an orderly closure of services.
Jay-Z and Jack Dorsey Funded ₿trust Acquires African Bitcoin Developer Training Company Qala
By Steve Muchoki
• 3 mins read
Qala will now rebrand to ₿trust Builders Programme and join forces with its parent company to democratize the development of open-source Bitcoin software.
OpenAI Introduces Canva Plugin to ChatGPT Plus Subscribers to Enhance Content Creation
By Steve Muchoki
• 3 mins read
Through the integration, ChatGPT Plus users can use Canva’s pre-existing wide range of templates to customize their requirements.