by OverviewFX | May 2, 2025 | Technology
DUBAI, United Arab Emirates — Tether, the world’s largest stablecoin issuer, is preparing to launch a U.S.-based stablecoin as soon as this year, as its CEO ramps up his presence in Washington to shape crypto regulation.In an interview with CNBC this week,...
by OverviewFX | May 2, 2025 | Technology
The TikTok logo is seen outside the Chinese video app company’s Los Angeles offices on April 4, 2025 in Culver City, California.Robyn Beck | AFP via Getty ImagesTikTok has been fined 530 million euros ($601.3 million) by Ireland’s privacy regulator for...
by OverviewFX | May 2, 2025 | Technology
People visit XPENG booth at 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty ImagesChinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering...
by OverviewFX | May 2, 2025 | Technology
Reddit reported first-quarter revenue on Thursday that beat Wall Street expectations, and issued better-than-expected guidance.The stock initially soared by as much as 19% in after-hours trading, but receded to around 5% when executives discussed the shaky economy and...
by OverviewFX | May 2, 2025 | Technology
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025.Michael Nagle | Bloomberg | Getty ImagesAmazon’s cloud business grew at a slower pace than expected in the first quarter, a third straight revenue miss.Revenue at Amazon Web...
by OverviewFX | May 2, 2025 | Technology
Nvidia’s CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024. Sam Yeh | AFP | Getty ImagesNvidia CEO Jensen Huang has made tens of billions of dollars in recent years from his stake in the chipmaker, but he’s...
