Industry executives hailed the beginning of a new bull market, with an increasing number of voices predicting new all-time highs for Bitcoin above $100,000 in 2024. This year, Bitcoin has increased in value by over 120%, and many people are optimistic that this trend will continue until 2024. According to Ledger CEO Pascal Gauthier, “It…
The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier announced a plan to resign from the role by the end of 2023. He will…
Amazon is successfully marching toward making same-day or next-day delivery the standard for Prime loyalty club members. Recently Amazon said it reached an important milestone in that direction. So far this year, the company delivered 1.8 billion packages to US Prime members on the same or next day, around four times the speed in 2019. Over…
Intel reported first-quarter results yesterday that showed a 133% annual reduction in its earnings per share. Revenue declined nearly 36% year over year to around $11.7 billion. The loss per share and sales were comparatively better than soft Wall Street anticipations. For the second quarter, Intel anticipates losing 4 cents per share on an income of $12 billion….
