Technology

Eurosystem Charts Future of Finance with Appia Roadmap for Tokenised Markets

The Eurosystem has launched the Appia roadmap, outlining its strategy for developing a tokenised wholesale financial ecosystem in Europe, ensuring central bank money remains central.

Mortgage Rates Skyrocket to Multi-Month Highs, Chilling Housing Market Activity

Mortgage rates surge to multi-month highs in late March 2026, impacting demand for home purchases and refinancing. Learn about the causes and effects.

SPIE Bolsters German Industrial Services with SGS Acquisition

SPIE acquires SGS Industrial Services Group to expand its industrial services in Germany, strengthening its value chain and market position.

ADES Holding Temporarily Halts Some Gulf Offshore Rig Operations Amidst Regional Tensions

ADES Holding temporarily suspends some offshore rigs in the Gulf Cooperation Council (GCC) region due to escalating regional tensions, while maintaining a positive financial outlook and emphasizing safety.

SpaceX Poised for Record-Breaking IPO, Filing Expected This Week

SpaceX is reportedly preparing to file for its IPO this week, targeting a record-breaking valuation of over $75 billion driven by its Starlink service and ambitious future projects.

Shopify Reports Mixed Q1 Results with Soft Guidance for Q2

Shopify reported mixed first-quarter results, posting a larger-than-expected loss while achieving growth in revenue. The company announced a loss of 53 cents per share,...

Whoop Launches 5.0 and MG Devices with Enhanced Features and Battery Life

Whoop has unveiled two new wearable devices, the Whoop 5.0 and Whoop MG, designed to offer better performance, a more refined design, and extended...

Coinbase to Acquire Deribit for $2.9 Billion, Strengthening Global Crypto Derivatives Market

Coinbase has agreed to acquire Dubai-based Deribit, a leading crypto derivatives exchange, for $2.9 billion, making it the largest deal in the cryptocurrency industry...

Amazon Expands into Pet Medications with New Online Prescription Service

Amazon announced Thursday that it is now offering a service for pet owners to order prescriptions for their dogs and cats online. The service...

Elizabeth Holmes’ Appeal Denied, Leaving Supreme Court as Last Resort

Elizabeth Holmes, the former CEO of Theranos, has lost her bid to have her fraud conviction reheard. On Thursday, the 9th Circuit U.S. Court...

Palantir Joins Top 10 U.S. Tech Companies by Market Cap, Surpassing Salesforce

Palantir has officially entered the ranks of the top 10 U.S. technology companies by market cap, achieving a valuation of $281 billion. This marks...

Pinterest Surpasses Expectations in Q1 Earnings, Shares Jump 15%

Pinterest shares soared 15% in after-hours trading following the release of its first-quarter earnings, which exceeded expectations and offered an optimistic outlook for the...

Affirm Posts Strong Profits but Lower Revenue Guidance, Shares Drop

Affirm, a leader in the buy now, pay later (BNPL) market, reported stronger-than-expected earnings for the prior quarter but issued a revenue forecast for...

Lyft Boosts Share Buyback and Posts Strong Q1 Earnings

Lyft shares rose 7% after the company revealed it would boost its share buyback program to $750 million in its first-quarter earnings report. Following...

Ex-CEO of Celsius Network Sentenced to 12 Years for Fraud

Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of...

SMIC Q1 Earnings Miss Estimates, Shares Drop Amid Production Challenges

Shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, dropped nearly 7% on Friday after its first-quarter earnings fell short of expectations....

How AI Is Quietly Transforming the Culinary World

At this year’s Michelin Guide awards in France, the buzz extended beyond the stars gained or lost. Conversations among chefs were increasingly dominated by...

OpenAI Set to Acquire Coding Tool Windsurf for $3 Billion

OpenAI has reportedly agreed to acquire the artificial intelligence-assisted coding tool Windsurf for approximately $3 billion, according to sources familiar with the deal. Although...

OpenAI Keeps Nonprofit Control Amid Restructuring Changes

OpenAI has made a significant decision to reverse its restructuring plans, opting to maintain control under its nonprofit parent. This move is a direct...

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