Lacey@GCS, Author at BillionDollarClub

FridayApr 04, 2025 9:00 am

As Deadline Looms, Trump Indicates TikTok Will be Bought by April 5

The future of TikTok in the United States is once again in the spotlight. With an April 5 deadline fast approaching, President Donald Trump has suggested that the popular social media app will soon be sold. If no deal is made, TikTok could be banned across the country. For years, the U.S. government has raised security concerns about TikTok because it is owned by ByteDance, a Chinese company. A law that took effect on January 19 requires ByteDance to sell TikTok’s U.S. operations. If they fail to do so, the app will be banned. Trump had initially given TikTok 75…

ThursdayApr 03, 2025 9:00 am

YouTube Starts Testing Ad-Free Video Sharing for Premium Users

YouTube is experimenting with a fresh tool designed to let Premium subscribers gift ad-free viewing to non-members. Currently available in select regions, this trial allows regular users to enjoy shared videos without ads, aiming to highlight the perks of a Premium membership. How it Works Premium account holders can distribute up to 10 ad-free video links monthly. Each link permits up to 10 views total—whether one person replays it 10 times or 10 people watch once. After hitting the cap, ads will reappear. To share: Tap Share below the chosen video. Choose Send Ad-Free from the menu. Share via link,…

TuesdayApr 01, 2025 9:00 am

The Introduction of a New Stablecoin Deepens Trump’s Crypto Involvement

U.S. President Donald Trump is expanding his presence in the world of cryptocurrency. His latest move includes the introduction of a new stablecoin called USD1. This digital currency, launched by World Liberty Financial, is designed to be equal in value to the U.S. dollar. The goal is to provide a reliable digital asset that businesses and investors can use for secure transactions. Stablecoins have become one of the fastest-growing areas in the crypto industry. Unlike Bitcoin and other cryptocurrencies that experience extreme price changes, stablecoins maintain a steady value because they are backed by real-world assets like government-issued money or…

FridayMar 28, 2025 9:00 am

Bitcoin Miners Face Back-Breaking Challenges a Year After Halving Event

Bitcoin miners are facing unprecedented challenges a year after the April 2024 halving event. The reduction in block rewards, stagnant Bitcoin prices, and rising operational costs have made profitability difficult. While some miners are shutting down, others are seeking innovative ways to stay afloat, such as repurposing mining heat and adopting sustainable energy solutions. Mining Bitcoin requires high computational power, but the profitability of this industry has taken a hit. At the Blockworks Digital Assets Summit on March 20, 2025, U.S. President Donald Trump pledged to make the U.S. a global Bitcoin mining leader. However, despite political enthusiasm, miners are…

ThursdayMar 27, 2025 9:00 am

BMW Pulls the Plug on its Plans to Switch to Solid-State Batteries

BMW has officially put the brakes on its plans to switch to solid-state batteries, citing high costs as the primary reason. While many automakers are racing to adopt this next-generation battery technology, BMW is taking a different approach. Instead of transitioning to solid-state batteries right away, the German carmaker is doubling down on improving lithium-ion batteries, which they believe still have untapped potential. Solid-state batteries have been hailed as the future of electric vehicles (EVs). They are lighter, charge faster, and have a longer lifespan compared to traditional lithium-ion batteries. More importantly, they can store more energy, potentially extending the…

WednesdayMar 26, 2025 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Strong Q4, 2024 Results with Increased Bookings and Cash Position

D-Wave’s 2024 bookings reached $23.9 million, a 128% increase from 2023, with Q4 bookings up 502% year-over-year. The company reported a cash position exceeding $300 million as of March 13, 2025. Significant technical and business milestones achieved in the past year include a quantum supremacy demonstration and the sale of an Advantage quantum computer to Julich Supercomputing Centre. New partnerships and customer projects were announced, spanning industries such as insurance, law enforcement, and agriculture. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, reported financial performance for the fourth quarter and full-year 2024, highlighting…

TuesdayMar 25, 2025 10:00 am

Oppenheimer Pegs Back its 2025 Investment Banking Forecast for the US

Oppenheimer has revised its outlook for U.S. investment banking revenue in 2025, scrapping its previous forecast of a 32% increase. The financial firm now expects no growth in the sector, citing mounting concerns over tariffs and trade policy uncertainties. This decision reflects a growing sense of caution among Wall Street analysts who had been optimistic about a rebound in mergers and acquisitions (M&A) following Donald Trump's return to the White House. As part of its revised forecast, Oppenheimer downgraded major players in the investment banking sector, including Goldman Sachs, Jefferies, and Carlyle. The brokerage firm cited the impact of unpredictable…

FridayMar 21, 2025 9:00 am

NIO Launches its New Firefly EV

NIO Inc. (NYSE: NIO) has officially introduced its latest electric vehicle, Firefly, marking the company’s third sub-brand. Announced on March 16, 2025, Firefly is designed to redefine urban mobility with a blend of innovative technology, smart functionality, and modern aesthetics. The vehicle is expected to enter the market by April 2025, offering a compact yet efficient option for city drivers. One of the standout aspects of Firefly is its design. Under the direction of Kris Tomasson, NIO’s co-founder and senior vice president of design, the vehicle features a unique look that sets it apart from other models in the company’s…

ThursdayMar 20, 2025 9:00 am

SUVs Continue to Dominate Roads Despite Climate Change Concerns

Across the world, more people are choosing Sport Utility Vehicles (SUVs) over smaller cars. This trend continues even though experts and environmental groups warn about the harmful effects of SUVs on the climate. Many believed that the future of transportation would be small, energy-efficient electric vehicles (EVs). However, SUVs remain the top choice for car buyers. In 2024, SUVs made up 54% of all car sales worldwide. This is an increase from previous years, showing that their popularity is still rising. Many people prefer SUVs because they are larger, more comfortable, and offer a better view of the road. They…

TuesdayMar 18, 2025 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Quantum Supremacy on a Real-World Problem

D-Wave has shown quantum computational supremacy on a useful, real-world problem, a first in the industry, highlighting the potential of quantum computing for materials discovery and complex simulations beyond classical computational limits. A peer-reviewed paper published in Science validates that D-Wave’s annealing quantum computer solved a magnetic materials simulation problem that is beyond the capabilities of classical supercomputers. The simulation, which took minutes to solve on D-Wave’s system, would require nearly one million years and more electricity than the world’s annual consumption on a GPU-based supercomputer. The Advantage2 annealing quantum computer prototype was used to achieve this milestone and is…

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Author: Lacey@GCS