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Zhibao Technology’s Plans to Acquire 3,500 Bitcoin in Nasdaq PIPE Financing Deal

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Alphabet beats expectations in second quarter, cloud revenue nearly doubles

Google’s cloud business grew by more than 80 percent, the company said Wednesday, exceeding investor expectations as markets look for signs that the company’s AI investments are paying off. CEO Sundar Pichai said in a statement that the strong quarter was driven in part by growth in its Gemini AI models and AI-powered search queries

In Case You Haven’t Noticed, the Music Industry Is Exploding Everywhere All at Once. But Who Will Power the New ‘Chaos Economy’ Infrastructure?

Photo Credit: Pexels It’s a dizzying time to be in the music industry, with catalog investments, creative outputs, and AI-generated mayhem part of a pedal-to-the-metal explosion. On the ground, that means more companies are battling an avalanche of data overload and disconnected processes, with hair-pulling and stiff drinks part of the daily routine. But we’re

Microsoft could lay off as many as 11,000 employees this week

Microsoft could announce wide-sweeping layoffs within the next few days. The possibility of the tech giant laying off a significant part of its workforce was first reported by Sky News and later corroborated by Bloomberg. Sky put the number of the cuts at approximately five percent of the company’s 220,000-person workforce or about 11,000 employees

Stadia users can now unlock their controller’s Bluetooth

Google has released the online tool it promised to enable Bluetooth support on the Stadia controller. This gives the cloud-streaming gamepad a second life, so owners can use it with PC, iOS or Android devices, preventing the platform’s central accessory from becoming a glorified paperweight. Stadia will shut its doors for good on Wednesday at

Apple will audit its labor practices in the US after union-busting accusations

Apple has agreed to review its labor practices in the US after regulators and employees accused the company of union busting. In a filing with the Securities and Exchange Commission ahead of its annual shareholders meeting, Apple said it would carry out an assessment of its "efforts to comply with its Human Rights Policy as

Neowiz’s Intella X raises $12M for Web3 gaming platform

January 17, 2023 6:00 PM Intella X is a Web3 gaming platform.Image Credit: Intella X Intella X, a Web3 gaming platform developed by South Korea’s gaming giant Neowiz, has raised $12 million in funding. Intella X is planning to launch its platform on Polygon, a leading Ethereum Layer-2 scaling platform. The funding round included more

December 2022 NPD: Holiday sales boost otherwise slow year

January 17, 2023 5:58 PM Image Credit: Square Enix The U.S. gaming industry finished strong in 2022 despite it being an otherwise slow year, according to industry-tracking firm The NPD Group. While the year overall was down slightly — in line with the common view that 2022 is a “bust” corrective year following the pandemic

Denial of service vulnerability discovered in libraries used by GitHub and others

Check out all the on-demand sessions from the Intelligent Security Summit here. Unlike breaches targeting sensitive data or ransomware attacks, denial of service (DoS) exploits aim to take down services and make them wholly inaccessible. Several such attacks have occurred in recent memory; last June, for instance, Google blocked what at that point was the largest

IBM: Quantum computing poses an ‘existential threat’ to data encryption 

January 17, 2023 2:43 PM Check out all the on-demand sessions from the Intelligent Security Summit here. For years, encryption has played a core role in securing enterprise data. However, as quantum computers become more advanced, traditional encryption solutions and public-key cryptography (PKC) standards, which enterprise and consumer vendors rely on to secure their products

Why are Getty and Shutterstock on opposite sides of the AI legal debate?

January 17, 2023 1:58 PM Check out all the on-demand sessions from the Intelligent Security Summit here. For many people, whether they work in an enterprise business or write their own indie blog, Getty Images and Shutterstock are similar companies, synonymous with the world of stock photos. Different prices, different offerings, but still — both offer

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Zhibao Technology’s Plans to Acquire 3,500 Bitcoin in Nasdaq PIPE Financing Deal

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.

Alphabet beats expectations in second quarter, cloud revenue nearly doubles

Google’s cloud business grew by more than 80 percent, the company said Wednesday, exceeding investor expectations as markets look for signs that the company’s AI investments are paying off. CEO Sundar Pichai said in a statement that the strong quarter was driven in part by growth in its Gemini AI models and AI-powered search queries

In Case You Haven’t Noticed, the Music Industry Is Exploding Everywhere All at Once. But Who Will Power the New ‘Chaos Economy’ Infrastructure?

Photo Credit: Pexels It’s a dizzying time to be in the music industry, with catalog investments, creative outputs, and AI-generated mayhem part of a pedal-to-the-metal explosion. On the ground, that means more companies are battling an avalanche of data overload and disconnected processes, with hair-pulling and stiff drinks part of the daily routine. But we’re

Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing

Zhibao Technology, a Shanghai-based insurance-technology firm listed on the Nasdaq, said Wednesday it has signed a non-binding term sheet for a stock sale that would be paid for in bitcoin — some 3,500 coins, worth near $220 million at current prices. The deal, a private investment in public equity known as a PIPE, would have

Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report

The crypto industry may be relatively small in terms of employers — but the economic contribution is big.  That’s according to a new report published by the National Cryptocurrency Association and the Pragmatic Policy Group, which reveals that while only 34,000 people are employed by crypto companies, the industry will contribute $55 billion in 2026