Now with 150 million active users, Threads now offers an option to archive posts.

Elon Musk, the owner of X, often makes fun of Threads, yet it keeps expanding. During Meta’s most recent earnings call, CEO Mark Zuckerberg said that Threads currently has over 150 million monthly active users. That is a significant rise from February, when Zuckerberg said that Threads had 130 million monthly users. July of last […]

Musk’s Starlink receives preliminary clearance from Sri Lanka

The president’s office in Sri Lanka, said on Thursday that the country has granted preliminary clearance for Elon Musk’s Starlink, the SpaceX satellite company, to offer internet services there.Following Musk’s meeting with President Ranil Wickremesinghe in Indonesia last month during the 10th World Water Forum, Sri Lanka sped up the approval procedure. Following a public consultation, Sri Lanka’s […]

In a $200 million deal for Bitstamp, Robinhood takes a bold stand for cryptocurrency.

With its largest-ever deal, trading platform Robinhood Markets said on Thursday that it has reached an agreement to purchase cryptocurrency exchange Bitstamp for about $200 million in cash. This move will accelerate an even bigger push into digital assets.Before the bell, Robinhood’s stock was up 3.4%. The company has been trying to grow its product line in […]

Bitcoin miner Core Scientific turns down CoreWeave’s takeover offer.

An all-cash offer from Nvidia-backed cloud service provider CoreWeave was rejected by bitcoin miner Core Scientific on Thursday, citing the offer’s undervaluation of the firm.“The board determined that the CoreWeave proposal significantly undervalues the company and is not in the best interests of the company and its shareholders,” the statement read.On June 3, CoreWeave made an unsolicited, non-binding […]