Coinbase’s first quarter numbers signaled why next week’s public debut is likely to be a blockbuster. Coinbase said it expects to report revenue of $1.8 billion, up nearly 10 times the year-earlier quarter. Coinbase expects net income of between $730 million and $800 million, a massive increase on the roughly $32 million the company reported a year earlier. Trading volume hit $335 billion, up...
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The Importance of Apple’s M2 Chip; Meta’s New AI Audio Tricks for AR
What’s in a name? In the case of Apple-designed silicon, not much: from the A-series of chips designed for iPhones through to the M1 and new M2 chips, Apple’s only revision to each new name is updating the number.So, when Mark Gurman of Bloomberg says he expects that Apple’s mixed reality headset will use the M2 chip—which lines up with what The Information’s Wayne Ma reported last month—and...
Tencent’s Biggest Shareholder Plans to Sell Some of Its Stake
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Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze
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