Thursday, May 8, 2025, 8:20 pm
In its quarterly earnings report, Coinbase delivered a disappointing performance marked by a 19% drop in transaction revenue and missed expectations. Investors are left scratching their heads at the company’s strategy as market watchers note the revenue dip, adding a hint of irony to the crypto exchange’s growth narrative.
Shares in Coinbase Global Inc. declined nearly 3% in late trading today after the cryptocurrency exchange provider missed on revenue in its fiscal first quarter, reported a decline in transaction revenue, and said subscription and service revenue would fall. Before its earnings report, Coinbase…
Coinbase Posts Jump in Revenue, Drop in Quarterly Earnings Bloomberg.com
permalink / 2 stories from sources in 39 hours ago #crypto #stockmarket #earnings #finance
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
Google is shaking up the developer playground by adding an implicit caching feature to its Gemini 2.5 API, promising to cut costs by up to 75%. By reusing common data prefixes, this move transforms repetitive prompt handling, making high-powered AI more efficient—and a bit more wallet‐friendly—for tech innovators. More...
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
Samsung has kicked off a high-profile unveiling of its long-anticipated superslim Galaxy S25 Edge, sparking excitement among tech enthusiasts. The event showcased the phone’s innovative design and cutting-edge features, setting the stage for a fiercely competitive market. Not exactly a revolution, but enough to make followers drool. More...
In a high-tech twist on digital security, Google is deploying on-device AI in Chrome to sniff out and block online scams in real time. This stealth upgrade is set to intercept nasty cyber schemes before they even reach your browser, proving that even your computer can have a watchdog with a wicked streak. More...
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