Tag: revenue | BizAndTech Newswire

revenue

OP token holders approve buyback plan redirecting 50% of Optimism protocol revenue to OTC swaps
The plan could redirect millions of dollars worth of Optimism protocol revenue "to align the OP token" with the Superchain....

Crypto IPOs Are Getting Boring, and That’s the Point
The cryptocurrency industry’s teenage years were tumultuous, to say the least. Crypto-native investors, builders and in-crowd stakeholders cycled through booms and busts, chased speculat...

OpenAI Courts Tech Giants for $100 Billion Funding Round
Amazon, Microsoft and Nvidia are among OpenAI’s largest providers of infrastructure. The three tech giants are also in talks to join the artificial intelligence startup’s $100 billion f...

White House Highlights Why No State Income Taxes is Good for States
It is a fact that we exist in a world of limited resources. Taxes paid to the government mean less money for individuals and less money for investment. Private activity, including innovation and entre...

Beamly Review: Is This the Creator Platform You’ve Been Looking For?
If you’re one of the people who jumped on the massive Podcast craze a couple of years ago, you’re probably already familiar with Beamly (previously Podcastpage.io). It was one of the initial start...

Billions in tax revenue would be generated by expanding sports betting legalization
Billions of tax revenue would be generated if all 50 states in the US made sports betting legal, a report by the Tax Foundation claims. If all states established statewide gambling markets, the Tax Fo...

Las Vegas Sands sees uptick in Q4 financial report, but Sands China declines
Las Vegas Sands, which owns properties worldwide, posts a strong Q4 and full-year, but Sands China sees dip. The net revenue of the company was $3.65 billion, compared to $2.90 billion in the prior ye...

Samsung profits surge 200% as AI server demand triggers memory chip shortage
Samsung Electronics reported a more than threefold increase in fourth-quarter operating profit on Thursday, surpassing analysts’ estimates due to a memory chip shortage fueled by strong artificial i...

Tesla defies shareholder vote to invest $2 billion in Musk’s xAI
Tesla disclosed a $2 billion investment in Elon Musk’s xAI, revealed in its shareholder letter on Wednesday, despite a prior shareholder rejection. The move aligns with Master Plan Part IV through a...

Microsoft reports $7.6 billion net income gain from OpenAI investment
Microsoft reported a $7.6 billion increase in net income from its investment in OpenAI during its latest quarterly earnings released on Wednesday. The software company has invested more than $13 billi...

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