Author: GT

Ethereum is almost 60% below its all-time high and continues to decline in 2025. Long known for its complex tech upgrades, Ethereum appears to be pivoting to a new strategy based around simplicity. A simpler and easier-to-understand Ethereum could unlock tremendous value and help it regain its former luster. 10 stocks we like better than Ethereum › Ethereum (CRYPTO: ETH) is down almost 40% this year, and many investors are now starting to question its long-term outlook. At a current price of almost $2,100, Ethereum is nowhere close to its all-time high of $4,891 from 2021 and continues to lose…

Sterling Anderson, a veteran of the nascent autonomous vehicle sector and co-founder of Aurora, is resigning just a week after the company launched its commercial self-driving truck service in Texas. Anderson held the chief product officer position at Aurora. The resignation was posted in a regulatory filing along with the company’s first-quarter earnings report. His resignation will go into effect June 1. He will leave the board August 31. The company said in the filing that his resignation from the board “did not result from any disagreement with the Company concerning any matter relating to its operations, policies, or practices.…

The average tax refund amount is about $3,000, a sizable sum of money for many Americans. And that sum of money could potentially turn into more if invested wisely. Find Out: I’m a Financial Advisor: 4 Investing Rules My Millionaire Clients Never Break Read Next: The New Retirement Problem Boomers Are Facing Advertisement: High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. While investing in cryptocurrency certainly comes with a high level of risk, it also comes with a high potential for reward. A recent analysis conducted by Token Metrics found that if…

Autonomous vehicle technology company Aurora Innovation plans to expand on the success of its first driverless commercial launch and add night driving to its operations. Aurora said Thursday that in the second half of 2025, it will start sending its self-driving trucks out at night and during adverse weather conditions like rain or heavy wind. The company, which provided the update in its first-quarter shareholder letter, also plans to expand its driverless trucking route beyond Dallas to Houston, and into El Paso and Phoenix. “We’d like to have a high return on asset for every truck that we have, and…

In April, South Korea’s telco giant SK Telecom (SKT) was hit by a cyberattack that led to the theft of personal data on approximately 23 million customers, equivalent to almost half of the country’s 52 million residents. At a National Assembly hearing in Seoul on Thursday, SKT chief executive Young-sang Ryu said about 250,000 users have switched to a different telecom provider following the data breach. He said he expects this number to reach 2.5 million, more than tenfold the current amount, if the company waives cancellation fees. The company could lose up to $5 billion (around ₩7 trillion) over…

Source: TradingView.com Bitcoin surged above the closely watched $100,000 level on Thursday for the first time since early February. Thursday’s strong breakout above a consolidation period sets the stage for a potential retest of the cryptocurrency’s record high of $109,000 set in late January. Investors should watch crucial overhead areas on bitcoin’s chart around $107,000 and $120,000, while also monitoring key support levels near $100,000 and $92,000. Bitcoin (BTCUSD) will remain in the spotlight Friday after surging above the closely watched $100,000 level on Thursday for the first time since early February. The legacy cryptocurrency rallied along with stocks after…

Microsoft employees aren’t allowed to use DeepSeek due to data security and propaganda concerns, Microsoft vice chairman and president Brad Smith said in a Senate hearing today. “At Microsoft we don’t allow our employees to use the DeepSeek app,” Smith said, referring to DeepSeek’s application service (which is available on both desktop and mobile). Smith said Microsoft hasn’t put DeepSeek in its app store over those concerns, either.  Although lots of organizations and even countries have imposed restrictions on DeepSeek, this is the first time Microsoft has gone public about such a ban. Smith said the restriction stems from the…

Bitcoin’s rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions. The leading cryptocurrency by market value has risen over 3% to $102,500 in the past 24 hours, with prices topping $104,000 at one point, the highest since Jan. 31. The bullish move came as President Donald Trump announced a comprehensive trade deal with the U.K. and the cumulative inflows into the spot exchange-traded funds (ETFs) hit a record high above $40 billion. The broader market rallied as well, with the total market cap of all coins excluding BTC surging by 10% to $1.14 trillion,…

Samsung Electronics’ strategic focus on AI has delivered high revenue in the first quarter of 2025, as the South Korean tech giant navigates semiconductor market challenges and growing global trade uncertainties.The company posted an all-time quarterly high revenue of KRW 79.14 trillion ($55.4 billion), marking a 10% increase year-over-year, according to its financial results released on Wednesday. Operating profit climbed to KRW 6.7 trillion ($4.68 billion), representing a modest 1.5% increase compared to the same period last year.The results exceeded Samsung’s earlier forecast of KRW 79 trillion and analysts’ expectations.Smartphone success counters chip challengesThe Mobile Experience (MX) Business emerged as…

Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing his former employer, the massive trillion-dollar AUM Brookfield Asset Management, reports The New York Times.  Much of Raffaelli’s complaint concerns how Brookfield covered pandemic-related real estate losses and alleges the company fired him after he filed a whistleblower complaint at the SEC. His suit makes allegations like fraud and bribery, while Brookfield vehemently denies any wrongdoing, it told The Times. In February, Brookfield quietly shuttered the venture capital unit run by Raffaelli and rolled some assets into another…