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Tencent and Alibaba grab ByteDance’s Nvidia stockpile in AI power play
Tencent Holdings and Alibaba Group Holding have acquired a significant number of Nvidia’s H20 graphics processing units (GPUs) from ByteDance, valued at around 2 billion yuan, as US restrictions on ...

1inch launches on Solana as it processes fives times Ethereum’s transactions but similar volume
1inch has launched support for Solana, enabling users to execute on-chain swaps through the 1inch dApp and connect with six APIs available on the 1inch Developer Portal. Announced at TOKEN2049 Dubai, ...

Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
The last decade has seen a dizzying acceleration in digital banking innovation. From slick mobile-first challenger banks to the sprawling networks of national giants, competition for consumer attentio...

P2P Lender Folk2Folk Reports Record Revenue for 2024
Peer to Peer lender Folk2Folk has posted a preview of 2024 performance. According to the company, its platform generated record revenue for the full year of 2024, marking its sixth consecutive year of...

Snap’s growth dominance stands to be questioned — what are the asks?
Was last quarter a fluke or is this a legitimate turning point for the business? That’s what industry analysts will want to clarify during Snap’s Q1 2025 earnings results later today. As W Medi...

TikTok touts livestreaming as next big revenue stream for creators and agencies
TikTok is aggressively courting creators and agencies to showcase the revenue potential of its livestreaming tools. TikTok says its creators are now collectively generating $10 million in revenue d...

Bitcoin mining pushes sustainability agenda with over 50% of energy generated from renewables
Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre for Alternative Finance’s Digital Mining Industry Report...

Fintech Analysts Provide Insights on SoFi’s Business Growth and Revenue Model
SoFi Technologies (NASDAQ: SOFI) has caught the attention of Wall Street analysts, with Citizens JMP recently sharing key insights. The firm has provided a generally positive outlook for SoFi’s stoc...

Etsy CEO Advocates for Small Sellers Amid Trade Policy Concerns
Etsy CEO Josh Silverman is advocating against policy changes that he says will hurt the 8 million Etsy sellers on his platform, appealing to an administration that has pledged to protect the American ...

Pepperdine’s List of Most Fundable Companies Accepting Applicants
Pepperdine University, Graziadio Business School, recently announced that it is currently accepting applicants for the list of the most fundable companies. The competition is open to all startups gene...