Author: GT

(Bloomberg) — GameStop Corp., the struggling video-game retailer that became a favorite of retail traders during the meme stock frenzy in 2021, said its board has approved a plan to add Bitcoin as a treasury reserve asset. Most Read from Bloomberg The Grapevine, Texas-based firm is joining a growing list of public companies experimenting with using corporate cash or borrowed money to buy the digital asset in a bid to capitalize on the surge in Bitcoin. The gambit was pioneered by Michael Saylor’s Strategy, the enterprise software company formally known as MicroStrategy that has acquired more than $40 billion in…

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | ReutersAmazon, in an effort to infuse generative artificial intelligence across a wider swath of its e-commerce universe, recently began testing a shopping assistant and a health-focused chatbot with a subset of users.AI has become a major area of investment across Amazon, including in its retail, cloud computing, devices and health-care businesses. Within the retail business, Amazon has already launched a shopping chatbot, an AI assistant for sellers and AI shopping guides.The new services Amazon is testing appeared on its…

Instagram on Tuesday announced a new school partnership program aimed at expediting the handling of moderation reports submitted by verified school accounts. The program is currently available to all middle and high schools in the U.S. It allows schools to report posts or student accounts that may violate the app’s guidelines directly to Instagram. These reports are then automatically prioritized for review, and schools are alerted to actions taken. The company says the goal is to help educators report potential teen safety issues, including bullying, more directly. Participating schools will feature a “school partner” banner on their profiles, indicating their…

Trump Media and Technology Group (DJT) has signed a non-binding agreement with Crypto.com to launch exchange-traded funds through its Truth.Fi brand, as the company seeks to expand its reach beyond social media. This partnership introduces a politically branded investment vehicle into the ETF marketplace, creating new options for investors seeking products aligned with their values while facing potential regulatory hurdles as it combines traditional securities with cryptocurrency assets. According to the Monday announcement, the ETFs will be available through Crypto.com’s broker-dealer Foris Capital US and will comprise digital assets alongside securities with a “Made in America” focus across sectors, including…

Last summer, mining startup KoBold made a splash when it said it had discovered in Zambia one of the world’s largest copper deposits in more than a decade. Now, another startup, Earth AI, exclusively told TechCrunch about its own discovery: promising deposits of critical minerals in parts of Australia that other mining outfits had ignored for decades. While it’s still not known whether they are as large as KoBold’s, the news suggests that future supplies of critical minerals are likely to emerge from a combination of field data parsed by artificial intelligence. “The actual, real frontier [in mining] is not…

Bitcoin Could Hit $110,000 as Investors Await U.S. Inflation Report and Trade Policy Decisions Bitcoin investors are closely watching the upcoming U.S. Personal Consumption Expenditures (PCE) inflation report set for release on March 28, which could play a key role in shaping market sentiment. The report, published by the U.S. Bureau of Economic Analysis, tracks inflation based on consumer spending and is expected to provide insight into broader economic conditions. Analysts believe easing inflation concerns could push Bitcoin higher, with some predicting a rise to $110,000 before a potential pullback to $76,500. Bitcoin has historically performed well in April, averaging…

More and more hackers are targeting regular people with the goal of breaking into their bank accounts, stealing their crypto, or simply stalking them. These types of attacks are still relatively rare, so there’s no need for alarm. But it’s important to know what you can do to protect yourself if you suspect someone accessed your email, social media account, chat apps, or any other major service and platform. A few years ago, I wrote a guide to help people protect themselves, and understand that most of the companies you have an account with already offer you tools to take…

Fintech Block laid off 931 people Tuesday, according to a leaked message from the company seen by TechCrunch. The news was announced to staff in an email from Block’s co-founder and CEO, Jack Dorsey. Dorsey told staff that Tuesday, Block will be “making some org changes, including eliminating roles and beginning the consultation process in countries where required.” These are the latest changes to hit Block, Dorsey’s financial services giant that owns Cash App and Square. The company provides mobile payments services for consumers, as well as point-of-sale hardware and software for businesses. In the email, Dorsey explained that Block…

It’s the year 2045. Digital assets move at the speed of light. AI agents interact millions of times a second, using bitcoin as a base currency. Bitcoin is now a $200 trillion asset class, a settlement layer for the AI Age of the Internet. This is the future imagined by bitcoin evangelist Michael Saylor, the executive chairman of Strategy (MSTR). Saylor pioneered the bitcoin corporate treasury – turning his flailing software firm into a Nasdaq-listed $85 billion leveraged bitcoin powerhouse. CoinDesk recently sat down with Saylor, Bitcoin’s ultimate maximalist, for a two-hour interview to break down his vision for global…

The genetic testing company 23andMe has filed for bankruptcy, prompting people who’ve used the service and sent in DNA samples to be analyzed to wonder what will happen to their genetic data.The company says the filing does not change how it stores, manages or protects customer data. But some privacy experts are recommending that people who have used 23andMe delete their data, given concerns not only about a potential buyer getting access to sensitive information, but also hackers who might take advantage of the upheaval to gain access to it. “What we’re witnessing with 23andMe is a stark wake-up call…