Apple's first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. Bloomberg’s Mark Gurman discusses the phone's features and why it could mark a big shift in the foldable market. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Apple's first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. Bloomberg’s Mark Gurman discusses the phone's features and why it could mark a big shift in the foldable market. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners . With the increased demand from the market also comes “a pronounced rate correction,” said David Smith, head of marine at the London-based firm. He added that despite the ceasefire agreement, “heightened war co...
Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners . With the increased demand from the market also comes “a pronounced rate correction,” said David Smith, head of marine at the London-based firm. He added that despite the ceasefire agreement, “heightened war conditions still remain and the Strait of Hormuz is still classified as a very high risk area.” The Strait of Hormuz remained largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight. That’s as continued fighting in the Middle East, punctuated by Israeli strikes in Lebanon, threatened to derail the US-Iran détente even as the two sides signaled they could soon hold talks to end the six-week conflict. Read More: Iran’s Hormuz Blockade Leaves Stranded Crews Braving Missiles “The latest news on the ceasefire is positive news and will hopefully ease the passage through the Strait of Hormuz and for ships more generally in the region,” said Andrew James, Managing Director, Marine at broker Arthur J. Gallagher & Co. “Of course, it is very early days,” James said, but “underwriters are already recognizing the ceasefire and reducing rates for some risks.” He added that insurers “will continue to be understandably cautious as they watch how this plays out.”
Minutes of the Federal Open Market Committee’s March 17-18 meeting show most Fed officials worried the war could hurt the labor market and warrant lower interest rates. At the same time, many policymakers highlighted the risk to inflation that might ultimately warrant rate increases. Mike McKee reports. (Source: Bloomberg)
Minutes of the Federal Open Market Committee’s March 17-18 meeting show most Fed officials worried the war could hurt the labor market and warrant lower interest rates. At the same time, many policymakers highlighted the risk to inflation that might ultimately warrant rate increases. Mike McKee reports. (Source: Bloomberg)
AbantStudio/iStock via Getty Images Rezolve AI ( RZLV ) is taking a takeover offer for Commerce.com ( CMRC ) to shareholders after its original bid was rejected. Rezolve ( RZLV ) is offering 1 Rezolve shares for 2 Commerce.com ( CMRC ) shares, according to a statement on Wednesday. "We have been transparent with the Commerce.com Board, but they have chosen not to engage while their shareholders su...
AbantStudio/iStock via Getty Images Rezolve AI ( RZLV ) is taking a takeover offer for Commerce.com ( CMRC ) to shareholders after its original bid was rejected. Rezolve ( RZLV ) is offering 1 Rezolve shares for 2 Commerce.com ( CMRC ) shares, according to a statement on Wednesday. "We have been transparent with the Commerce.com Board, but they have chosen not to engage while their shareholders suffer through decline," said Daniel M. Wagner , Chairman and CEO of Rezolve Ai PLC. "This 2-for-1 exchange offers a strategic reset for Commerce.com , and now we are going directly to the people who actually own this company." Rezolve ( RZLV ) said the combined company would create a $700 million revenue "powerhouse." Shares of Rezolve fell 2.3%, while Commerce.com were unchanged. More on Rezolve AI, Commerce.com, Inc. Rezolve: The Story Is Compelling, But The Evidence Is Not Commerce.com, Inc. (CMRC) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Commerce.com: Not A Solid Platform To Invest In Rezolve AI FY25 GAAP revenue hits $46.8M; 2026 guidance lifted to $360M Commerce.com targets $347.5M–$369.5M in 2026 revenue as AI-driven commerce and payments expand
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Adam Back, co-founder and chief executive officer of Blockstream, during the Bitcoin 2025 conference in Las Vegas, Nevada, US, on Wednesday, May 28, 2025. Ronda Churchill | Bloomberg | Getty Images A report in the New York Times claims it has discovered the identity of the pseudonymous creator of Bitcoin known as Satoshi Nakam...
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Adam Back, co-founder and chief executive officer of Blockstream, during the Bitcoin 2025 conference in Las Vegas, Nevada, US, on Wednesday, May 28, 2025. Ronda Churchill | Bloomberg | Getty Images A report in the New York Times claims it has discovered the identity of the pseudonymous creator of Bitcoin known as Satoshi Nakamoto. The article identifies 55-year-old Adam Back – the CEO of Blockstream, a prominent cryptographer and early figure in the bitcoin community – as the strongest candidate for the founder of the revolutionary digital currency system, introduced in 2008. Back himself has denied various claims over the years that he is Satoshi Nakamoto, and did so again Wednesday in a string of posts on X . The crypto community has always maintained that the mystery isn't a financially material one and that even if proven, their identity would have little impact on bitcoin fundamentals. (What might matter more is the untouched stash of early coins.) Bitcoin, they say, has been independently operated for more than 10 years and it's perhaps better for investors that it remain that way. "Today's New York Times story is built on circumstantial interpretation of select details and speculation, not definitive cryptographic proof," Blockstream said in a statement. "Dr. Adam Back has consistently stated that he is not Satoshi Nakamoto." "Ultimately, it doesn't prove anything," Back said in the Times article. "And I will reassure you, it's really not me." John Carreyrou – the author of the investigation who rose to fame after breaking open the Theranos story in 2015 – points to similar phrasing, spelling and grammar between Back's and Satoshi's posts in early online forums, overlapping timelines of online activity and Back's early work on Hashcash, a proof-of-work system crucial for bitcoin mining. The year-long investigation is far from the first attempt to unveil Nakamoto's identity. Back is consid...
Over 70 Democratic lawmakers are calling for amendment to be invoked to remove Trump from office amid war Democratic party leaders have vowed to renew the effort to curb Donald Trump’s war in Iran after several days of escalating tactics that culminated in a temporary ceasefire on Tuesday evening. In recent months, several war powers resolutions have failed in Congress after a handful of Democrats...
Over 70 Democratic lawmakers are calling for amendment to be invoked to remove Trump from office amid war Democratic party leaders have vowed to renew the effort to curb Donald Trump’s war in Iran after several days of escalating tactics that culminated in a temporary ceasefire on Tuesday evening. In recent months, several war powers resolutions have failed in Congress after a handful of Democrats voted alongside Republicans. But Trump’s aggressive overtures this week – including a Truth Social post that said “a whole civilization” could be wiped out if Iran did not agree to demands, have pushed some to act. Continue reading...
Meta Platforms stock spiked after the Facebook parent released its first artificial-intelligence model in more than a year. Shares climbed 7.6% on Wednesday as Meta unveiled Muse Spark, formerly code-named Avocado. Muse Spark marks a departure from Meta’s previous releases, which were open source.
Meta Platforms stock spiked after the Facebook parent released its first artificial-intelligence model in more than a year. Shares climbed 7.6% on Wednesday as Meta unveiled Muse Spark, formerly code-named Avocado. Muse Spark marks a departure from Meta’s previous releases, which were open source.