August 2025 - BillionDollarClub

ThursdayAug 21, 2025 9:00 am

Why Some Online Dating Apps are Recording a Revival in User Interest

After a period of decline, online dating apps are starting to see fresh signs of life. Platforms that once struggled with falling engagement are now finding creative ways to draw people back, with technology and new ideas playing a big part in the revival. Grindr, one of the biggest names in queer dating, recently reported strong results. In the second quarter of 2025, the company recorded revenue of over $104 million, a 27 percent jump compared to last year. According to its chief executive George Arison, the company is focused on expanding how users engage by launching new features inside…

TuesdayAug 19, 2025 9:00 am

The Improving US Regulatory Climate Triggers a Crypto IPO Rush

The United States is witnessing a new wave of excitement in the cryptocurrency sector as more companies rush to go public. This surge comes at a time when friendlier policies under President Donald Trump’s second term have boosted investor confidence and pushed the value of digital assets to record levels. The global cryptocurrency market recently climbed to an all-time high of $4.2 trillion, creating the perfect environment for firms to tap into public markets. One of the biggest success stories in this wave is Circle, the company behind the USDC stablecoin. In June, Circle made a spectacular debut on the…

FridayAug 15, 2025 9:00 am

Experts Say Obstacles Remain Despite Signing of US Stablecoins Law

The United States has taken a big step toward regulating stablecoins with the signing of the GENIUS Act by President Donald Trump on July 18, 2025. This is the first federal law to set clear rules for stablecoins, which are digital tokens linked to the U.S. dollar. Supporters believe the law could help make stablecoins part of everyday payments and money transfers, but experts warn that it will not be an easy road. Many large companies are already exploring ways to join the stablecoin market. Big financial names like Bank of America, Citigroup, and Fiserv have shown interest, along with…

ThursdayAug 14, 2025 9:00 am

Trump Asks Federal Regulators to Investigate Alleged “Debanking” of Conservatives

President Donald Trump has signed a new executive order asking federal bank regulators to investigate whether banks have been unfairly closing accounts or refusing services to conservatives and certain industries. These industries include gun manufacturers and cryptocurrency companies, which Trump says have been targeted in recent years. The issue at the center of the order is something called “debanking.” This happens when a bank closes an account or refuses to do business with a person or company. Banks say they usually make these decisions based on financial risk, not politics. But Trump and many conservatives believe that some people and…

TuesdayAug 12, 2025 9:00 am

South Korean Firm Sees Solid-State Batteries as a Way to Outcompete China

South Korean battery maker SK On believes that solid-state batteries could give it the edge it needs to compete with China in the electric vehicle industry. The company says these next-generation batteries will first be used in pouch-type cells, a format in which it already has strong expertise. SK On’s research and development chief recently described this technology as a possible “weapon” in the race against Chinese battery producers. Solid-state batteries are different from the lithium-ion batteries used in most electric cars today. Instead of using a liquid electrolyte, they rely on a solid material such as polymer, sulfides, oxides,…

FridayAug 08, 2025 9:00 am

Smaller Firms are Increasingly Adding Ether to Their Reserves

More and more small public companies are now putting their money into Ether, the second-largest cryptocurrency after Bitcoin. As of the end of July 2025, these companies held nearly $3.5 billion worth of Ether, according to data from recent filings. That’s a major jump from just under $400 million at the end of 2024. So why are these firms turning to Ether instead of Bitcoin? One of the main reasons is that Ether offers more than just a chance for price increase. It can also be used for something called “staking.” This means companies can lock up their Ether to…

ThursdayAug 07, 2025 10:30 am

D-Wave Quantum Inc. (NYSE: QBTS): 27% of Surveyed Business Leaders Expect $5M+ ROI from Quantum Optimization Within First Year

Survey by Wakefield Research and D-Wave shows 46% of surveyed business leaders expect $1 million to $5 million ROI from quantum optimization within the first year of adoption. 81% believe they have reached the limits of classical computing’s capabilities for optimization. 53% are planning to integrate quantum computing into their workflows, while 27% are considering it. Quantum optimization is seen as especially valuable in logistics, supply chain, manufacturing, planning and inventory, and R&D. 88% of participants said their organizations would “go above and beyond” for even a 5% improvement in optimization. A new survey released by D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”),…

ThursdayAug 07, 2025 9:00 am

Utility Firms Eye Retired EV Batteries for Energy Storage

As the world moves towards cleaner energy, retired electric vehicle (EV) batteries are finding a new purpose. Utility companies and energy firms are now looking at these used batteries as a low-cost solution for large-scale energy storage. One company leading this change is B2U Storage Solutions, based in California. B2U is repurposing old EV batteries to store electricity and support the power grid. In Bexar County, Texas, the company is setting up a new facility using 500 used EV batteries. These batteries, stored in cabinets the size of shipping containers, will help supply power to the grid when needed. The…

TuesdayAug 05, 2025 9:00 am

How Electric Vehicles are Triggering Garage and Gas Station Closures

For more than a century, owning a gasoline-powered car meant easy access to everything you needed. Gas stations were on every corner, oil changes were quick and cheap, and repairs were simple to find. But that reality is changing fast. As more people switch to electric vehicles (EVs), life for owners of traditional cars is becoming less convenient and much more expensive. This shift isn’t random; it follows a pattern seen in many past technologies. When smartphones, streaming services, and digital cameras became mainstream, older industries like DVDs and film photography collapsed almost overnight. Electric vehicles are now reaching that…

FridayAug 01, 2025 9:00 am

EV Prospects in the US Remain Positive Despite Trump’s Policies

The electric vehicle (EV) industry in the United States is facing a period of uncertainty, but experts believe the long-term outlook remains strong. President Trump’s recent policies have pulled back federal support for EVs, raising concerns about adoption rates and infrastructure growth. Still, industry investments and global demand are expected to keep the momentum going. One of the biggest shifts came with Trump’s “One Big Beautiful Bill,” which ended the $7,500 tax credit for new EVs and the $4,000 credit for used models on September 30, seven years earlier than planned. EV battery production tax credits will also be cut…

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Month: August 2025