Samuel Nwite
AUTHOR: Samuel Nwite
New York City Council Probes Prediction Markets Over Marketing Practices
New York City lawmakers are escalating scrutiny of the rapidly expanding prediction market industry, opening an investigation into whether platforms including Polymarket, Kalshi, Coinbase...
Tencent Revenue Beats Estimates as Gaming and AI Advertising Lift Growth, but Profit Misses
Tencent posted better-than-expected second-quarter revenue as stronger growth in its China gaming business and AI-powered advertising helped offset weakness in international gaming, while higher...
CoreWeave Shares Jump 11% After AI Cloud Revenue Beats Estimates, Backlog Hits $104bn
CoreWeave shares jumped 11% in extended trading on Tuesday after the artificial intelligence infrastructure provider reported quarterly revenue above Wall Street expectations, highlighting continued...
Manus Returns to Independence as China Forces Unwinding of Meta’s $2 Billion AI Bet
AI startup Manus is returning to independent operations after Chinese regulators forced U.S. technology giant Meta to unwind its more than $2 billion acquisition...
Google’s Gemini Surpasses 1 Billion Monthly Users, Closing Gap With ChatGPT
Google’s Gemini artificial intelligence app has surpassed 1 billion monthly active users, marking a major milestone for the company as it accelerates the rollout...