ETHZilla Sells $74.5M ETH to Pay Debt in Strategy Shift
📋 Key Facts ✓ ETHZilla, backed by Peter Thiel, sold $74.5 million of ETH. ✓ The sale was to pay off debt obligations. ✓...
Dec 22The BlockcryptocurrencyImpact
📋 Key Facts ✓ ETHZilla, backed by Peter Thiel, sold $74.5 million of ETH. ✓ The sale was to pay off debt obligations. ✓...
📋 Key Facts ✓ Warner Bros. Discovery (WBD) shareholders must weigh pros and cons of tendering shares to Paramount. ✓ The tender offer i...
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
The personal computer has remained surprisingly resilient to change over the past 15 years. Apple promised a "post-PC" era with the iPad in 2010 and failed to deliver one. Smartphones even overtook la...
Paramount Skydance, Warner Bros. Discovery, and Netflix have very different approaches to remote work. John Lamparski/Getty Images; Dania Maxwell / Los Angeles Times via Getty Images; Beata Zawrzel/Nu...
📋 Key Facts ✓ Trump Media acquired 451 Bitcoin for $40.3 million, bringing total holdings to 11,542 BTC worth over $1 billion. ✓ The co...
Sridhar Ramaswamy cautions against all-or-nothing thinking when it comes to AI. Justin Sullivan/Getty Images Snowflake CEO says the biggest misconception about AI is all-or-nothing thinking about its ...
A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...
A fancy Starbucks coffee drink with whipped cream Lauren DeCicca/Getty Images Under new CEO Brian Niccol, Starbucks had a sometimes rocky 2025. I thought slimming down the menu length and adding after...
📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...
📋 Key Facts ✓ Private credit firms are piling into consumer debt. ✓ Risk-taking is mounting in these financial activities. ...
📋 Key Facts ✓ Bitcoin perpetual open interest climbed to 310,000 BTC ✓ Funding rates doubled in the market ✓ Th...
$15 minimum wage signs outside the Capitol Bill Clark/CQ-Roll Call, Inc via Getty Images Minimum wage increased in 19 states on January 1, affecting over 8 million workers. Washington, D.C., leads wit...
Lil Uzi Vert performed at a party celebrating FaZe Clan's listing on the Nasdaq. Andrew Toth/Getty Images for FaZe Clan FaZe Clan's top talent left last week, marking the end of an era at the esports ...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...
US bankruptcies are on the rise. doockie/Getty Images From corporate giants to mom-and-pop shops, bankruptcies are piling up across the US this year. Large corporate bankruptcies have hit their highes...
Wix purchased its downtown Manhattan office space in December 2019 Wix.com Wix announced an office return for staff in Israel, Poland, and Lithuania, starting February 1. US employees will continue to...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
High cocoa prices pushed Singapore's Mr. Bucket Chocolaterie to innovate across its business. Huileng Tan/Business Insider Faced with soaring cocoa prices, Mr. Bucket Chocolaterie is turning crisis in...