On July 31, 2024, Bybit, the world’s second-largest cryptocurrency exchange, will host a livestream event featuring Web3 experts discussing the topic of “Blinks, AI, Ignition: Bridging Web3 and Web2.” The event aims to shed light on new crypto innovations that integrate blockchain applications into traditional digital platforms like Facebook and Twitter, enabling new crypto payment
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As the demand for data centers continues to surge, driven by the increasing computing needs of artificial intelligence, cryptocurrency, cloud service providers, and social media companies, the need for more data center capacity is becoming urgent. According to Moody’s Ratings, data center capacity will need to more than double by 2028 to keep up with
Japan’s new vice finance minister for international affairs, Atsushi Mimura, recently stated that Japan will maintain its approach on the yen, with intervention still being an option to address excessively volatile moves in the exchange rate. Mimura emphasized the importance of internationally agreed commitments concerning exchange rates being determined by markets, but also acknowledged the
The recent Bitcoin 2024 event held in Nashville, Tennessee, brought together over 20,000 attendees, including influential figures like former U.S. president Donald J. Trump and Senator Cynthia Lummis. The support from U.S. politicians for Bitcoin and the mining industry was overwhelming, marking a significant shift in the perception of cryptocurrency at the government level. During
The aviation industry has been facing significant challenges in recent years, as evidenced by the low number of massive airplane orders at the Farnborough Airshow. This year, the focus was not on new orders but rather on the struggles faced by major manufacturers Boeing and Airbus. These struggles include ramping up airplane production, dealing with
Vanguard, a renowned asset management giant known for its low-cost investment options, has been facing criticism over its customer service in recent years. The new CEO, Salim Ramji, has made it clear that improving the customer experience is at the top of his agenda. One common complaint from Vanguard customers is the difficulty in reaching
McDonald’s executives faced challenges in the second quarter, with a decline in same-store sales across all segments, including the U.S. market. Despite forecasting these challenges, the company fell short of analysts’ estimates on both the top and bottom lines. This indicates a need for a strategic shift in the approach to recapturing consumers. U.S. President
California’s fiscal 2025 budget has been a subject of concern due to the revenue gap that emerged in fiscal 2024. Fitch Ratings has pointed out that while some adjustments have been made to close the gap, further actions will be necessary to achieve fiscal balance in the coming years. The state’s issuer default rating stands
McDonald’s executives recently acknowledged that many consumers, especially those with lower incomes, perceive the company’s prices as too high. This realization comes at a time when many people are facing challenges due to high inflation, causing them to rethink their spending habits, particularly when it comes to dining out. During the second-quarter earnings call, McDonald’s
The U.S. Soccer Federation is embarking on a new venture, seeking to fund its headquarters and training facility in Georgia. The federation is issuing $200 million of tax-exempt revenue bonds to finance most of the project’s $225 million cost. The Arthur M. Blank U.S. Soccer Training Center aims to be a unique facility that will