The once-infamous brand associated with music piracy has transitioned into a subscription-based music service and has now been acquired by Infinite Reality for $207 million. The tech startup […]
Markets
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GameStop Stock Rises After Adding Bitcoin to Investment Policy
GameStop Corporation (GME) experienced a stock surge after updating its corporate investment policy to include Bitcoin, leading to increased share prices in extended trading. The board unanimously approved […]
Technology
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23andMe Files for Bankruptcy: Implications for DNA Data Privacy
The genetic testing company 23andMe has filed for Chapter 11 bankruptcy protection, raising concerns among users about the future of their genetic data. The company reassures that this […]
Technology
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Alibaba’s Joe Tsai Warns of ‘Bubble’ in AI Data Center Buildout
Alibaba Group Holding Ltd. Chairman Joe Tsai has cautioned about a possible bubble forming in the construction of data centers. He argues that the speed of this expansion […]
Real Estate
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Federal Housing Agency Maintains Fannie Mae and Freddie Mac Loan Limits
Bill Pulte, the newly confirmed director of the Federal Housing Finance Agency (FHFA), which oversees mortgage giants Fannie Mae and Freddie Mac, announced that he will not lower […]
Technology
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Napster Sold for $207 Million, Sparking Nostalgia and Confusion Among Millennials
“Napster? Is it 1999?” The sale of Napster for $207 million by the 3D tech company Infinite Reality has sparked disbelief and nostalgia among millennials. Founded in 1999 […]
Banks
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Trump-backed crypto bank launches stablecoin USD1
World Liberty Financial, a decentralized finance venture supported by former President Donald Trump and his family, has introduced a stablecoin named USD1. This new stablecoin is pegged to […]
Markets
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Stock Market Holds Steady Amid Tariff Concerns and Mixed Corporate Reports
NEW YORK (AP) — Wall Street maintained a steady course on Tuesday following a significant rally the previous day, driven by hopes that President Donald Trump’s tariffs might […]
Technology
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Napster Finds New Owners in $200M Acquisition
Napster, once infamous for music piracy and now a subscription streaming platform, has been acquired by Infinite Reality for $207 million. The tech company plans to transform Napster […]
Markets
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Stock Market Today: Dow, S&P 500 and Nasdaq futures gain as tariff fears wane; Tesla in focus after sales dive again
Dow, S&P 500, and Nasdaq futures are gaining as tariff concerns ease. Investors are closely watching shifts in Trump’s tariff policies, which have previously caused market volatility. Tesla […]