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Newswire > July, 2025
July, 2025

July, 2025

Tether CEO Says Company is Progressing Toward US Return
Stablecoin issuer Tether is reportedly on track to return to doing business in the United States. [contact-form-7] Tether CEO Paolo Ardoino said Wednesday during a Bloomberg Television in...
Mattel Reports 6% Sales Decline in Uncertain Trade Environment
An uncertain trade environment impacted Mattel’s sales in the U.S. in the second quarter, executives said Wednesday (July 23). [contact-form-7] The toy and family entertainment company sa...
Earnings Season Sheds Light on State of Subprime Consumers
Earnings season has just begun, and financial firms have been weighing in on the state of consumer spending and whether consumers are meeting their debt burdens in the midst of stubborn inflation and ...
US Military Expands AI Investment With $800 Million in Contracts
The Pentagon recently awarded up to $200 million each to four U.S.-based artificial intelligence (AI) companies developing “frontier” models: Anthropic, Google, OpenAI and xAI. The contracts a...
Merchants Using Square Can Now Accept Bitcoin Payments
Square is letting the first merchants on its network accept bitcoin payments. [contact-form-7] The company is now allowing some sellers to accept Lightning Network-powered BTC payments from ...
Banks Eye Quantum Innovations as Big Tech Chases AI Talent
While headlines trumpet the nine-figure paydays big tech firms are laying out for artificial intelligence (AI) talent, a different resource war is underway in the board rooms of financial institutions...
European Commission Has No Plans for Digital Markets Act Supervisory Fee
The European Commission reportedly does not plan to charge Big Tech companies a fee to cover the cost of monitoring their compliance with the Digital Markets Act, though some European lawmakers hav...
Citizens Business Bank Taps Alacriti for Instant Payments
Cloud-based payments firm Alacriti has launched a partnership with Citizens Business Bank. [contact-form-7] The collaboration lets Citizens (CBB) offer instant payments capabilities via t...
Apple and Google Declared Mobile Duopoly by UK Regulator
The United Kingdom’s Competition and Markets Authority said “Apple and Google’s mobile platforms hold an effective duopoly.” [contact-form-7] As such, the CMA is proposing new guidel...
Credibur Secures $2.2 Million to Launch Debt Facility Management Platform
Credibur emerged from stealth Wednesday (July 23) and announced it secured $2.2 million in pre-seed funding to launch its platform for debt facility management. [contact-form-7] The company ...
Newswire > July, 2025
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