OpenAI promises 3 billion AI users, but burns cash at lightning speed. Microsoft smiles, Altman dodges, and the treasury plays hide and seek with billions.
A major Cloudflare outage on Tuesday caused widespread disruptions across crypto platforms and several major websites. Service interruptions spread quickly as users struggled to load exchange portals, block explorers, and analytics tools. Early reports from affected firms indicated that Cloudflare error messages were appearing across front-end interfaces.
Valuations of artificial intelligence are soaring, sometimes without profitability to support them. Voices are rising, recalling the excesses of the 2000 Internet bubble. Disproportionate weight of sector giants in indices, massive investments, widespread enthusiasm: signs of a possible overheating are accumulating. In this climate of euphoria, a question reemerges: is AI the engine of a new economic era or that of a speculative bubble ready to burst?
Bitcoin has just crossed a symbolic and historical milestone: it surpasses Amazon in the stock market with a valuation of over 2.4 trillion dollars. It is no longer just a digital currency: it is now one of the most powerful assets on the planet. Decoding a silent but irreversible economic earthquake.
The American giant Amazon has just announced a colossal investment of 13 billion dollars in Australia for its data centers and renewable energy projects. This initiative is set against a backdrop of global technological rivalry, where AI, cloud computing, and energy sovereignty are now emerging as the new levers of economic and geopolitical power.
American retail giants Amazon and Walmart are currently exploring the issuance of their own dollar-backed stablecoins. This initiative, still in the exploratory phase, could ultimately disrupt the online payment landscape and further reinforce the hegemony of the US dollar.
A turning point has just been reached in the history of global assets. On May 8, Bitcoin surpassed Amazon in market capitalization, entering the top 5 largest valuations in the world. This milestone not only reflects market performance but also crystallizes the rise of a decentralized network against a giant of traditional tech. This clash between two economic visions redefines financial hierarchies and emphasizes the growing foothold of cryptocurrencies in global balances.
Bitcoin dethrones Google, taunts Wall Street in a sweat, and climbs like a digital goat on amphetamines while the dollar stumbles and the stock markets take a tax nap.
The two crypto exchange giants, Binance and KuCoin, are facing significant service interruptions, disrupting the operations of millions of users worldwide.
While the American economy soars like a star, Europe gets lost in a maze of rules and bitter regrets.
A shareholder of Meta is proposing to Mark Zuckerberg's company to convert part of its 72 billion dollars in cash into bitcoin to protect against inflation. This initiative is part of a broader movement aimed at urging tech giants to diversify their reserves into cryptocurrency.
Are you interested in mining Bitcoin (BTC) and hesitating to start with a processor (CPU)? Know that it is entirely possible to mine Bitcoin using the processing power of your computer. In fact, it is an easy way to get started in cryptocurrency mining, as you do not need expensive hardware or special knowledge. In this article, we will guide you through your first steps in CPU mining.
Corporate treasuries are at a pivotal turning point in the face of global economic instability. Indeed, the National Center for Public Policy Research (NCPPR), an influential think tank based in Washington D.C., has submitted an innovative proposal to Amazon. The organization calls on the online retail giant to invest a portion of its $88 billion in reserves into bitcoin, a cryptocurrency whose value has skyrocketed by 1,246% in five years. By highlighting bitcoin's spectacular performance and its potential as a hedge against monetary erosion, this initiative aims to protect Amazon's asset value amidst high inflation. As this proposal will be discussed at the April 2025 general assembly, it raises significant issues regarding the evolution of major corporations' financial strategies and the growing role of cryptocurrencies in the global economy.
Heavy bleeding for Amazon in the stock market. The company founded by billionaire Jeff Bezos has seen its stock erode by more than 30% in the span of 24 hours. The reason is the underperformance of the company by the end of the first quarter of 2024. More than 200 billion dollars are involved in this development.
Discover how the Digital Markets Act (DMA) is redefining the balance of power between Big Tech and users.
The billionaire Jeff Bezos, founder of Amazon, is once again making headlines. In recent days, he has been selling off a significant amount of shares in the company he founded. In light of doubts about the motives behind these transactions, some are wondering if the plan to acquire Bitcoin (BTC) is not behind all this.
Stock Market: Alphabet and Amazon Could Follow Meta's Lead and Announce Their First Dividends This Year, According to Goldman Sachs.
Jeff Bezos sells over 10 million Amazon shares on the stock market in early 2024, marking a turning point for the e-commerce giant.
Towards the end of the 1990s, the emerging Internet technology at the time raised doubts and skepticism about its adoption potential. However, here we are nearly three decades later, with the Internet having become ubiquitous in everyday life. Will cryptocurrencies, which cannot be issued without blockchain technology, follow the same path? Or, on the contrary, will they experience a different fate and fizzle out over time? In a recent report, leading investment bank Architect Partners attempts to answer these crucial questions in light of the crypto industry's recent momentum. Here, in this article, is the essence of what should be remembered from it.
It's hard to beat Google (Alphabet), Apple, Facebook (Meta), Amazon, and Microsoft in the field of generative AI. The latest statistics confirm that the biggest VC (Venture Capital) investors are far behind the GAFAM. Details !
Amazon, the tech giant, has set its sights on Solana, promising a revolution in cloud technology and offering a launchpad to uncharted heights for blockchain. Meanwhile, a lone miner defies the odds by hitting the jackpot. Since NFTs made their way to Bitcoin, there's been a frenzy that's unsettling purists and pragmatists alike. Elon Musk clarifies his vision of Twitter without crypto, while Vitalik Buterin alerts us to the hidden risks of second-layer solutions. In the background, Tether swells its coffers and reaches peaks that challenge traditional institutions. Beyond the fray, Bitcoin and Ethereum outperform gold and traditional assets in 2023.
Amazon, through Amazon Web Services, known as 'the most comprehensive and widely adopted cloud platform in the world,' is showing strong commitment to accelerating the development of Solana. By hosting nodes of this blockchain on its network, AWS aims to provide faster transaction speeds and lower fees for users and professionals. Let's delve into the details!
Bitcoin again, bitcoin always! The queen of cryptos keeps getting more and more attention these days. However, be careful! Some analysts predict its imminent collapse despite its sustained rise over the past few weeks.