Billion Dollar Club Archives - BillionDollarClub

FridaySep 05, 2025 9:00 am

MasterCard Executive Says Blockchain is a Payment Technology, Not Revolution

MasterCard is making it clear that cryptocurrencies and blockchain are not a financial revolution, but rather a tool to improve existing payment systems. According to Christian Rau, Head of Crypto for Europe at MasterCard, the company sees digital assets as an additional layer in its global payments network, designed to make transactions easier, faster, and safer. Rather than trying to replace traditional financial systems, MasterCard aims to integrate crypto in ways that enrich the current infrastructure. The company continues to offer services that connect traditional banking with digital assets. This includes on- and off-ramp services and cards linked to crypto…

ThursdaySep 04, 2025 9:00 am

Price Wars in China Cause BYD Shares to Slide

China’s electric vehicle market is facing one of its toughest battles yet, and even the industry leader BYD is feeling the heat. The company’s shares fell sharply this week after it reported a big drop in profit, showing just how damaging the ongoing price war has become. Between April and June, BYD recorded a net profit of 6.4 billion yuan, or about 900 million dollars. While this might sound like a strong figure, it was actually 30 percent lower than the company earned during the same period last year. Investors reacted quickly, and BYD’s stock slipped by as much as…

WednesdaySep 03, 2025 9:00 am

Tesla’s EU Sales Dip Further as Chinese Rival BYD Gains Ground

Tesla is facing tough times in the European Union as its sales continue to fall behind those of its Chinese competitor, BYD. Fresh data from the European Automobile Manufacturers Association shows that while Tesla is losing ground, BYD is rapidly gaining momentum in one of the world’s most important car markets. In July 2025, Tesla’s sales in the EU dropped by more than 42 percent compared to the same month last year. The company sold only 6,600 vehicles, giving it just 0.7 percent of the new car registration market. This marks a sharp decline for the American electric car maker…

FridayAug 29, 2025 9:00 am

Ford’s Upcoming $30k Truck Shows Trump is Unlikely to Derail EVs

Electric vehicles have faced a lot of challenges in the United States, especially with President Donald Trump openly opposing them. Trump has been clear about his dislike for EVs, working to remove incentives that encourage people to buy them. At the same time, he has pushed for more support for coal, oil, and natural gas, showing a strong preference for traditional energy sources. His actions have included attempts to reverse programs under the Inflation Reduction Act, which is the largest government effort in U.S. history to fight climate change. One of the most important parts of these programs is the…

ThursdayAug 28, 2025 9:00 am

Experts Raise Concerns About the Trump Family’s New Cryptocurrency Venture

U.S. President Donald Trump and his family stepped into the cryptocurrency market with the creation of World Liberty Financial (WLFI), a platform that plans to introduce its own digital tokens. Reports indicate that trading of WLFI tokens will begin in September, and the venture has already secured about $1.5 billion through a partnership with ALT5 Sigma, a company listed on the stock market. As part of the deal, Eric Trump has joined ALT5 Sigma’s board of directors, highlighting the family’s deep involvement in the project. The Trump family is expected to benefit significantly from WLFI. Sources suggest they will control…

TuesdayAug 26, 2025 9:00 am

Adobe Data Shows Gen-AI Use on American Ecommerce Sites Has Jumped 4,700%

Generative AI is no longer just a tech buzzword. It is now shaping how people shop online in the United States. According to new data from Adobe, traffic to American retail websites that comes from generative AI tools has grown by an incredible 4,700% in just one year. This means more shoppers are turning to platforms like ChatGPT, Gemini, Copilot, Claude, and Perplexity as their starting point before visiting ecommerce sites. Adobe first noticed this trend during the 2024 holiday season, when traffic driven by AI tools jumped by 1,300% compared to the previous year. Since then, the numbers have…

MondayAug 25, 2025 2:00 pm

D-Wave Quantum Inc. (NYSE: QBTS) Targets Processor Development Scalability with Advanced Cryogenic Packaging Initiative

D-Wave launches initiative to develop advanced cryogenic packaging for both gate-model and annealing quantum processors. The program will expand multichip packaging capabilities, manufacturing equipment, and processes. Initiative leverages expertise from NASA’s Jet Propulsion Laboratory (“JPL”) for superconducting bump-bond technology. The goal is to increase interconnectivity and scalability for architectures reaching 100,000 qubits. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has announced a strategic development program to expand its capabilities in cryogenic packaging, designed to advance and scale both gate-model and annealing quantum processors. The initiative underscores the company’s focus on hardware innovation to…

FridayAug 22, 2025 9:00 am

Supreme Court OKs Social Media Law in Mississippi

The Supreme Court has allowed a new Mississippi law requiring age verification on social media sites to go into effect. The decision came after the court declined to block a lower court ruling that had supported the law. This law is different from a recent Texas law because it applies to all popular social media platforms, not just sites with sexually explicit content. Under the Mississippi law, users must confirm their age before using platforms like Facebook, Instagram, Snapchat, Nextdoor, and YouTube. The law also requires social media companies to take steps to prevent children from seeing harmful content. In…

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…

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Category: Billion Dollar Club