Tag: new | BizAndTech Newswire

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Meta faces Democratic probe into plans to power a giant data center with gas
Meta’s building a new AI data center so massive in Louisiana that the local utility company has plans to construct three new gas-fired power plants to provide it with enough electricity. Now, ad...

FBI Issues New Scam Warning, Says Fraudsters Have Been Impersonating ‘Senior US Officials’ in Text and Voice Messages
The Federal Bureau of Investigation (FBI) is warning the public of an ongoing phishing scheme that preys on prospective victims by impersonating senior US officials. The agency says that since April, ...

Bitcoin DeFi protocol Liquidium’s rebrand and staking model propel LIQ token to new heights
Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking model tied to the platform revenue. The protocol’s native token LIQ has climbed over 73.3% sin...

Moody’s historic downgrade of US credit system could add fuel to Bitcoin safe-haven status
Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1 on May 16, marking the first time in history the agency has stripped the US of its top-tier status. The agency pointed...

Solana (SOL) Momentum Slows – Is $200 Still in Sight?
Solana (SOL) is up 28.4% over the past month, but its momentum has slowed. After briefly touching $184, it has gained just 0.78% in the last seven days. Despite this, Solana continues to dominate DEX ...

Fake Eric Trump Meme Coin Rug Pulls After Hitting $160 Million Market Cap
A fake meme coin based on Eric Trump underwent a massive rug pull today, falling from a $160 million market cap to $30,000 almost instantly. The token displayed several dubious characteristics ahead o...

Peter Lax, Pre-eminent Cold War Mathematician, Dies at 99
As the computer age dawned, he saw how the new technology could be harnessed to mathematics to solve problems in everything from designing weapons to predicting the weather....

US Consumer Sentiment Crashes to Second-Lowest Rating Ever: University of Michigan Survey
A recent survey from the University of Michigan finds that consumer sentiment is down 26.5% since May 2024. According to the university’s ongoing Surveys of Consumers, the Index of Consumer Sentimen...

Call of Duty: Warzone is winding down on mobile
Activision is starting to wind down Call of Duty: Warzone Mobile just over a year after its global launch. The game “has not met our expectations with mobile-first players like it has with PC an...

The Federal Reserve Bank of New York and BIS Research Examines Tokenized Wholesale Financial Markets
The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary pol...

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