Tag: revenue | BizAndTech Newswire

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Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in May
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism. Historical trends, on-chain data, whale accumulation behavior, and upcoming technological upgrades...

FTX Estate Fumbles $500,000,000 Investment As AI Coding Platform Cursor Now Valued at Nearly $1,000,000,000: Report
FTX bankruptcy liquidators sold its stake in the artificial intelligence (AI) coding platform Cursor for $200,000, missing a potential $500 million windfall, according to recent reports. According to ...

Coinbase reveals x402 protocol to enable on-chain payments via HTTP
Coinbase unveiled an open-source protocol for on-chain payments via HTTP called x402. Announced on May 6, the system repurposes the previously unused HTTP 402 “Payment Required” status code to s...

xAI and Palantir Team to Promote Financial Services AI Use
xAI has teamed with Palantir to explore how financial services firms can employ AI. The partnership, announced Tuesday (May 6), is an extension of an earlier collaboration announced in March between P...

FIS Goes All in on the Issuer
Fidelity National Information Services (FIS) said during a Tuesday (May 6) first-quarter earnings report that it continues to see strong demand from banks to modernize their core banking systems. Exec...

DOJ pushes Google to break up its ad business
The U.S. Department of Justice is proposing that Google sell two of its advertising products to restore competition in the ad tech space, according to a new filing. The proposal comes after a judge fo...

ProMeet Unveils the Promeeters Program To Boost Influencer Impact and Long-Term Earnings
May 7, 2025 – Dubai, United Arab Emirates ProMeet, the blockchain-powered platform transforming how creators monetiz...

Duna Raises $12 Million to Bolster Business Identity Platform
Duna, a business identity platform founded by two Stripe veterans, has raised $12.1 million. The Dutch startup announced the seed funding Tuesday (May 6), noting that it’s happening as Duna works to...

XTB Hits Record $155M Revenue in Q1 2025, Posts Flat Profits Despite Expanding
Leading retail forex and CFD broker XTB recently published financial results for Q1 2025. The company cited an increase in financial services operational costs, but posted a record-breaking $155 milli...

Kraken Debuts Crypto Derivatives Trading in the UK for FCA-Qualified Clients
Kraken has officially launched crypto derivatives trading in the United Kingdom, targeting professional clients under the Financial Conduct Authority (FCA) regulations. This move aligns with the growi...

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