Microsoft, Meta, Google's parent company Alphabet, and Amazon recently released their performance reports for the last quarter of 2024 and disclosed their guidance for 2025. Overall, the capital expenditures of the four giants in 2025 continue to rise at the same time, which means that the AI race will become more and more intense. And such intense "burning money" plans, coupled with Chinese companies' deep search (DeepSeek) to show another lower-cost AI route, also make Wall Street increasingly...
On February 1, the parent company of the Texas Stock Exchange (TXSE) said that the exchange has submitted applications to operate as a national stock exchange in the United States, with the goal of launching in 2026. The exchange said it hopes to reverse the continuous decline in the number of listed companies in the United States and solve what it calls the "high cost of listing and maintaining a listed status". The exchange also said that it has raised 161 million US dollars from more than 48 ...
Abstract, the L2 public chain of Pudgy Penguins' parent company, announced that it will integrate Circle's Bridged USDC standard on the mainnet on the first day. The standard enhances contract composability, enhances user asset security, and addresses the fragmentation of USDC liquidity in the Abstract ecosystem.
On January 17th, Abstract Chain, a L2 public chain owned by Pudgy Penguins' parent company, announced the launch of a points incentive system, employing a multi-level reward mechanism. Users can earn XP points by using the Abstract app and Abstract Global Wallet, and the system updates the rewards for last week's on-chain activities every Monday. The platform has designed three types of achievement badges: Lightning Badge, Weekly Badge and Secret Badge, and provides regular rewards for content c...
Digital Currency Group (DCG), the parent company of Grey Release, announced that it has become the training and verification node of the decentralized AI training platform FLock.io, and holds a large number of FLOCK tokens. As a key operator of the training and verification node, DCG will be deeply involved in the construction of the FLock ecosystem for a long time and help the development of AI Infra. In addition to DCG, other well-known institutional node operators include Tensorplex (one of t...
Parity Technologies, the parent company of Polkadot, has released its Polkadot 2025 roadmap, with the following highlights: 1. Smart Contracts: Asset Hub adds support for EVM and Solidity, while PVM provides a lightweight, secure, and scalable solution. 2. Flexible scalability: Multi-core architecture increases capacity to meet growing on-chain demand. 3. XCM v5: Cross-chain messaging upgrades take interoperability to a new level. 4. Uniform address format: Polkadot and all Rollup...
IgIoo, the parent company of "Fat Penguins" Pudgy Penguins, said in a post on the X platform that by launching PENGU tokens on Solana, the Pudgy Penguins project will be able to grow and reach a new audience. However, PENGU plans to adopt multiple chains, including launching on Ethereum and Abstract. PENGU is a natural next step for the Pudgy Penguins community and characters to realize their potential.
Animoca Brands' strategic investment in Igloo, Inc., the parent company of Pudgy Penguins, for an undisclosed amount. It is reported that The Sandbox and Animoca Brands Japan, subsidiaries of Animoca Brands, have also participated in the investment in Igloo, Inc. together with Animoca Brands.
On November 1st, Limited Break, the parent company of DigiDaigaku, announced the launch of WETH technology update Wrapped Native (WNATIVE). With WNATIVE, anyone can deploy the version at a consistent address on any EVM blockchain, while integrating deposit, signature, transfer, and gas-free functions, simplifying EVM-compatible multi-chain operations.
Google's parent company Alphabet's third fiscal quarter revenue is $88.27 billion, analysts expect $86.45 billion; third fiscal quarter earnings per share are $2.12, analysts expect $1.84; third fiscal quarter Google cloud revenue is $11.35 billion, analysts expect $10.79 billion; fourth fiscal quarter Google advertising revenue is $65.85 billion, analysts expect $65.50 billion; third fiscal quarter YouTube advertising revenue is $8.92 billion, analysts expect $8.89 billion; third fiscal quarter...
Meta, the parent company of Facebook and Instagram, has struck a multi-year partnership with Reuters to integrate the artificial intelligence chat feature into its platform. The partnership will enable Meta's artificial intelligence chatbot to extract Reuters news to answer users' questions about current events, according to Axios, citing people familiar with the matter. From October 25, the feature will be rolled out to US users on Facebook, Instagram, WhatsApp, and Messenger through Meta's AI ...
OneDegree Group, the parent company of Hong Kong-based digital asset insurance company OneDegree, announced that it will change its name to "AIFT" to assist all walks of life in meeting the new needs of the full-speed development of artificial intelligence (AI). In addition, it will also adopt OneDegree as the group's operating brand to support emerging trends including AI, Web3 and other future lifestyles. OneDegree currently provides digital asset insurance services covering hot and cold walle...
On October 21, China's Ping An (02318.HK) Hong Kong Stock Exchange announced that in the first three quarters of 2024, the group achieved an operating profit of 113.818 billion yuan attributable to the shareholders of the parent company, an increase of 5.5% year-on-year; net profit attributable to the shareholders of the parent company 119.182 billion yuan, an increase of 36.1% year-on-year.
Google's parent company Alphabet Inc. must lift restrictions to allow developers to build marketplaces that compete with its Google Play Store, a US judge has ruled, upending Google's dominance of the lucrative Android app store. A federal judge in San Francisco ruled in favour of Epic Games Inc. on Monday in its long-running antitrust lawsuit against Google's app store. Google said it will appeal the decision in the Epic Games antitrust case; it will ask the court to suspend the injunction of t...
Cryptocurrency asset manager 21Shares parent company 21.co published a statement on the X platform announcing the integration of industry-standard Chainlink proof of reserve on the Solana and Ethereum main chains, aiming to increase the transparency of 21.co encapsulated bitcoin 21BTC.