In a noteworthy disclosure, Starling Bank, a prominent player in the U.K.’s digital banking scene, reported a significant decrease in its annual profit. For the fiscal year ending March 31, 2025, the lender announced a profit before tax of £223.4 million ($301.9 million), representing a sharp decline of nearly 26% from the previous year. This
Enterprise
In a groundbreaking maneuver, Trump Media revealed plans to raise a staggering $2.5 billion from institutional investors, marking itself as one of the public companies leading the charge in Bitcoin treasury holdings. The announcement came with promise and trepidation as the company’s shares dipped nearly 10%, a volatile reaction highlighting the delicate balance between ambition
As the geopolitical landscape shifts and the U.S. tightens its grip on semiconductor exports, Chinese tech giants Tencent and Baidu display remarkable adaptability. The response from these companies reveals a combination of strategic foresight and technological ingenuity. Analysts suggest that not only are they stockpiling essential components, but they are also innovating their AI practices
The recent outages on X, the social media platform owned by Elon Musk, emphasize the critical importance of reliability in digital communication. On a seemingly ordinary Saturday morning, users, numbering around 25,000 according to Downdetector, were unexpectedly cut off from their online interactions. The timing of this outage, occurring just days after another incident on
In a striking move that rattled the stock market, former President Donald Trump took to social media last Friday to announce potential tariffs on Apple products if the tech giant does not shift its manufacturing back to the United States. In his post, Trump expressly stated that he had informed Apple CEO Tim Cook of
On Wednesday, Hong Kong made headlines by passing a groundbreaking stablecoin bill, positioning itself as a forward-thinking hub for cryptocurrency regulation. This legislation aims to expand the existing licensing regime within the territory, acknowledging the growing significance of stablecoins in the global financial arena. Unlike their notorious counterparts such as bitcoin, which are often subject
In a striking exposé, the Department of Justice (DOJ) has unveiled a sophisticated criminal enterprise linked to an Armenian organized crime syndicate, which allegedly pilfered an astonishing $83 million worth of goods from none other than Amazon. This case serves as a vivid illustration of how organized crime can adapt and manipulate modern logistics systems,
Elon Musk, the visionary CEO of Tesla, has reaffirmed his commitment to artificial intelligence and robotics with an announcement that has sent ripples through the automotive and technology industries. By the end of June, the streets of Austin, Texas, are poised to host Tesla’s groundbreaking robotaxi initiative, which Musk claims will revolutionize the way we
The ongoing legal saga between Epic Games and Apple has taken another turn, showcasing the complexities and power dynamics in the technology industry today. It’s not merely a corporate dispute; it symbolizes a broader conflict between creators and platform holders, clashing over access, revenue, and the future of app ecosystem governance. On Monday, U.S. District
In a puzzling intersection of politics and cryptocurrency, President Donald Trump’s forthcoming dinner for the elite holders of the $TRUMP meme coin epitomizes the complexities of anonymity and financial aspiration in the digital age. Scheduled for May 22 at his opulent golf club in Virginia, this gathering stands as a compelling symbol of a broader