El Salvador Celebrates Four-Year Bitcoin Anniversary, but Results Are Mixed

El Salvador’s Bitcoin Office is celebrating “Bitcoin Day,” the anniversary of the Bitcoin (BTC) legal tender law taking effect in September 2021. The Bitcoin Office highlighted the country’s Bitcoin strategic reserve, which now holds 6,313 BTC, valued at over $702 million, and the new banking law, which allows BTC investment banks to serve sophisticated investors, … Read more

Microsoft Reaches $4 Trillion Valuation After Solid Results

Microsoft hit $4 trillion (roughly Rs. 3,49,15,020 crore) in stock market value on Thursday, becoming the second publicly traded company after Nvidia to surpass that milestone following a blockbuster earnings report that showed its massive bets on AI are paying off. Strong results from Microsoft and Meta Platforms late on Thursday also fueled gains in Amazon … Read more

Coinbase Stock Tumbles 7% After Disappointing Q2 Results

Coinbase (COIN) reported worse than expected second-quarter results on Thursday, sending its shares down 7% in post-market trading. The crypto exchange posted total revenue of $1.5 billion, up from $1.45 billion in the same quarter last year but slightly lower than FactSet estimates of $1.59 billion. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) … Read more

Google to Test Ads in Generative AI Search Results as Competition Ramps Up in Search Ads Market

Alphabet‘s Google will begin experimenting with advertising within search results powered by generative artificial intelligence, the tech giant announced on Tuesday, as it seeks to fend off rival Microsoft in the lucrative search ads market. Over the past few months, Google and Microsoft have supercharged a race to change how people search for information by … Read more

Bitcoin Creates New All Time High Trading Close to $75,000 Ahead of US Election Results

Bitcoin on Wednesday, November 6 created a new all-time high, just hours ahead of the US election results that seem to be inclining in Donald Trump’s favor at the time of writing. On foreign exchanges, Bitcoin is trading at $74,935 (roughly Rs. 63.08 lakh), showed CoinMarketCap). Over the last day, the value of BTC has … Read more

5 Things to Know About Apple’s Performance in India From CEO Tim Cook’s Q4 Results Call

Apple reported its fiscal earnings for Q4 2024 on Thursday, and the iPhone maker missed forecasts on revenue and earnings per share (EPS). The latest earnings call showed that Apple’s revenue in the previous quarter was up 4 percent year over year to reach $124.3 billion (roughly Rs. 10,76,51,950 lakh), while its EPS rose 12 … Read more

AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results

AI-related companies lost $190 billion (roughly Rs. 15,77,620 crore) in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants’ reports after the bell underscored investors’ elevated expectations following an AI-fueled stock market rally … Read more

Microsoft Unveils VASA-1, an Image-to-Video AI Model That Generates Eerily Realistic Results

Microsoft has introduced a new artificial intelligence (AI) model that can generate hyper-realistic videos of talking human faces. Dubbed VASA-1, the AI image-to-video model can generate videos from just one photo and a speech audio clip. The company says the created videos will have synchronised lip movements to match the audio as well as facial … Read more

Microsoft’s Bing Search Engine Reportedly Spoofed Its Results Page to Make It Appear Like Google

Microsoft Bing has reportedly changed the user interface of its search result page to make it appear like Google. As per the report, this particular result page design only appears when users search for “Google” on the Bing search engine. The result page reportedly imitates several elements from Google’s home page such as a doodle … Read more