GameStop to borrow $1.3 Billion to fund bitcoin buying spree
GameStop Corp. is seeking to sell $1.3 billion of convertible bonds to fund Bitcoin purchases as it embraces a strategy that was developed by the cryptocurrency advocate Michael Saylor.
ADVERTISEMENT
GameStop Corp. is seeking to sell $1.3 billion of convertible bonds to fund Bitcoin purchases as it embraces a strategy that was developed by the cryptocurrency advocate Michael Saylor.
U.S. President Donald Trump said on Wednesday he would be willing to reduce tariffs to get a deal done with TikTok’s Chinese parent ByteDance to sell the short video app used by 170 million Americans.
WestJet has launched an on-board Wi-Fi service powered by Starlink, the satellite internet technology made by Elon Musk’s rocket company, SpaceX, sparking a limited backlash from Canadians.
Elon Musk’s X is on pace for its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to Emarketer.
Nintendo Co. shares gained the most in over seven months after Goldman Sachs Group Inc. said it expects the upcoming release of its Switch 2 console to drive active users to new highs.
China protested the U.S. added dozens of companies to its export control list, including more than 50 based in China that it says sought advanced knowhow.
Apple Inc. plans to hold its annual developers conference during the week of June 9, when it’s expected to announce redesigned iPhone, iPad and Mac iOS.
Signal uses end-to-end encryption for its messaging and calling services that prevents any third-party from viewing conversation content or listening in on calls.
Shopify Inc. is making moves that could allow it to enter major stock indexes, which would direct a flood of investor money into shares of the Canadian e-commerce platform.
CIBC says it has signed on to the federal government’s voluntary code of conduct for generative artificial intelligence.
Samsung Electronics Co. co-Chief Executive Officer Han Jong-Hee, who is credited for growing the Korean conglomerate into the world’s top electronics company, has died. He was 63.
Cerebras Systems executives were hoping the Trump administration would wave through a national security review that has left the AI chipmaker’s IPO in limbo.
Waymo added Washington to its pioneering robotaxi service’s steadily expanding list of U.S. markets, although passengers will have to wait until next year.
Britain needs a technological breakthrough such as AI to counter the collapse in its long-term growth rate, Bank of England Governor Andrew Bailey said.
The CEO of Lightspeed Commerce Inc. says that uncertain economic conditions have led consumers and businesses alike to tighten their purse strings, which is clouding the point-of-sale software company’s revenue outlook.
OpenAI is expanding the role of its chief operating officer and elevating two executives to the C-suite as Chief Executive Officer Sam Altman shifts focus.