Month: August 2025
Bitcoin retakes $120,000, ether touches 2021 highs after breaking key $4,000 level
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty Images Bitcoin is a stone’s throw from its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin […]
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ESPN, Fox to bundle upcoming streaming services for $39.99 a month
Philadelphia Eagles wide receiver DeVonta Smith (6) scores a touchdown during Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs on February 9, 2025 at the Superdome in New Orleans, LA. Icon Sportswire | Icon Sportswire | Getty Images Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer […]
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Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs
An aerial view as a Ford sign stands on the sales lot of the Metro Ford dealership on May 06, 2025 in Miami, Florida. Joe Raedle | Getty Images Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles. The investment comes […]
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Amazon tops 100 satellites after weather-delayed Kuiper launch
After four previous scrubs or delays in a row since August 7th SpaceX launches Amazon KF-02 Kuipeer Satellites after the 5th attempt August 11th 2025 at 8:35 AM SLC-40 Cape Canaveral, Brevard County, Florida USA. Scott Schilke| SipaUSA |AP Amazon shipped another batch of internet-beaming satellites into orbit on Monday atop a SpaceX Falcon 9 […]
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Judge rejects unsealing Ghislaine Maxwell grand jury transcripts
Ghislaine Maxwell on September 20, 2013 in New York City. Laura Cavanaugh | Getty Images A federal judge in New York on Monday rejected a request by the Justice Department to unseal grand jury transcripts related to the criminal investigation of Ghislaine Maxwell, the convicted procurer for notorious sex offender Jeffrey Epstein. Judge Paul Engelmayer, […]
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Sequoia’s Moritz backs Intel CEO Lip-Bu Tan after Trump’s ‘artless bullying’
Michael Moritz, Sequoia Capital Scott Mlyn | CNBC Renowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week. “Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.” Moritz, who spent decades at Sequoia Capital and has […]
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AMC shares surge as movie theater chain narrows losses
People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | Reuters Shares of AMC Entertainment rose 8% in early trading Monday after the movie theater chain reported stronger-than-expected second-quarter results. The company posted revenue of nearly $1.4 million, up about 35% year over year and topping […]
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Trump weighs deploying National Guard in Washington, D.C., as he targets crime, homeless
US President Donald Trump speaks during a Purple Heart Day event in the East Room of the White House in Washington, DC, US, on Thursday, Aug. 7, 2025. Eric Lee | Bloomberg | Getty Images President Donald Trump is considering deploying up to 1,000 National Guard troops in Washington, D.C., as he complains about violent […]
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C3 AI stock falls 30% as CEO Siebel calls preliminary sales numbers ‘completely unacceptable’
The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI tumbled 30% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it […]
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Can Stitch Fix make a comeback? Inside the company’s return to growth
The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard/ | Bloomberg | Getty Images Could Stitch Fix be on the path to a comeback? The clothing subscription service, one of the many pandemic […]
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