As the payments industry looks ahead to the new year, X, previously known as Twitter, is causing quite a stir with its plans to launch a payments network called X Money. CEO Linda Yaccarino hinted at this initiative, mentioning it alongside other projects for 2025. While details remain sparse, some experts believe X Money may ...
Shares of Rumble, a technology company listed on NASDAQ, have surged about 300% recently, reaching 52-week highs, mainly due to a significant $775 million investment from Tether Limited, the entity behind the stablecoin Tether. Unlike typical cryptocurrencies, Tether maintains a stable value and has a Market cap of nearly $140 billion. While Rumble aims to ...
LuckHunter is a standout cryptocurrency project that blends blockchain technology with the booming metaverse casino industry. It offers a unique gaming experience using virtual and augmented reality, designed for both gamers and crypto enthusiasts. As the Market continues to grow, LuckHunter’s focus on safety, security, and user engagement makes it an attractive investment for seasoned ...
Crypto.com has launched a groundbreaking sports event trading product, offering American users a chance to predict and trade on the outcomes of sporting events like the Super Bowl. This innovative platform, termed “Sports,” allows users to take part in unique event contracts and is backed by Crypto.com-Derivatives North America, a CFTC-regulated exchange. Users can win ...
DKBitex, a leading cryptocurrency exchange in Dubai, is set to hold its first token burn for its native token, DKBC, on December 17, 2024. This move will permanently eliminate 5% of DKBC’s circulating supply, aiming to enhance its value and scarcity. CEO Daniel Carter highlighted the importance of this event, stressing it as a response ...
Duolingo recently held its earnings call where an AI chatbot named Lily made a debut, summarizing the company’s quarterly performance. The call highlighted that Duolingo experienced a revenue increase, generating $192.6 million, surpassing estimates. However, the company fell short of its target for paid users, reporting only 8.6 million compared to the expected 8.66 million, ...
Meta AI, launched just a year ago, now has over 500 million active users, showcasing Meta’s commitment to enhancing artificial intelligence. CEO Mark Zuckerberg highlighted its potential to become the top AI assistant globally by year-end. CFO Susan Li emphasized their aim to dominate the consumer AI Market, despite anticipated increases in capital spending for ...
Reddit’s shares soared by 25% after the company posted impressive financial results, including its first profit and a significant revenue increase. In the third quarter, Reddit reported a 68% rise in revenue, reaching $348.4 million, and a 47% boost in daily active users, totaling 97.2 million. The platform’s success stems from innovations like AI-driven language ...
In the ever-evolving landscape of digital content and partnerships, Snap Inc. has made a strategic move by appointing Saket Jha Saurabh as the Head of Content Partnerships for Snap India. This decision marks a significant milestone in Snap’s journey towards enhancing its content offerings and strengthening its position in the Indian market. Saket Jha Saurabh: ...
