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Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss Expectations
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss ExpectationsTesla's Q4 2023 earnings report revealed a significant boost to its performance thanks to its Bitcoin holdings, driven by the implementation of a new accounting standard. CFO Vaibhav Taneja announced on Wednesday's earnings call that Tesla's net income received a $600 million uplift due to the adoption of a new digital asset accounting method, primarily resulting from mark-to-market gains on its Bitcoin holdings...
Blockchain 2025-01-31 15:24:57 -
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service Efficiency
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service EfficiencyFinancial News reported on January 31, 2025, that China Construction Bank Corporation (CCB) filed a patent application in September 2024 for a "Data Processing Method, Device, Equipment, Medium, and Program Product Based on Fee Payment," with the publication number CN119379293A. This patent aims to leverage blockchain technology to improve the efficiency and security of fee payment data processing, further optimizing CCB's financial services...
Blockchain 2025-01-31 15:17:22 -
Tencent Applies for a Data Processing Patent Based on Smart Contracts: A New Solution for Efficient and Secure Data Management
Tencent Applies for a Data Processing Patent Based on Smart Contracts: A New Solution for Efficient and Secure Data ManagementThe State Intellectual Property Office of China shows that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2025-01-31 15:16:46 -
Bitcoin Price Crashes Below $10,400!
Bitcoin Price Crashes Below $10,400!Bitcoin prices continued their downward trend today, hitting a low of $10,400 per coin, representing a 0.69% drop...
Blockchain 2025-01-31 15:07:48 -
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto Regulation
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto RegulationBitcoin prices extended their biggest weekly gains, climbing 1.3% to approximately $10,513 as of 8:30 AM ET Thursday...
Blockchain 2025-01-31 15:03:37 -
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market Launch
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market LaunchThe U.S...
Blockchain 2025-01-31 14:58:24 -
Apple CEO Tim Cook: iPhone Innovation Is Far From Over, Future Form Factor Could Subvert Expectations
Apple CEO Tim Cook: iPhone Innovation Is Far From Over, Future Form Factor Could Subvert ExpectationsApple's latest financial results were announced during the Q1 2025 (Q4 2024) earnings call. During the conference, CEO Tim Cook expressed considerable optimism about Apple's product lines, particularly the future of the iPhone...
Mobile Internet 2025-01-31 14:44:02 -
India Smartphone Market Report 2024: Premiumization Drives Record Revenue, vivo Takes the Crown, Apple Makes a Strong Surge
India Smartphone Market Report 2024: Premiumization Drives Record Revenue, vivo Takes the Crown, Apple Makes a Strong SurgeCounterPoint Research recently released a report revealing that the Indian smartphone market achieved record-high total revenue in 2024. This surge is primarily attributed to the robust growth of the premium segment and increased consumer preference for high-priced phones...
Mobile Internet 2025-01-31 14:29:50 -
Apple's Q1 2025 Earnings Report: 11% Revenue Decline in Greater China, Cook Addresses Market Concerns
Apple's Q1 2025 Earnings Report: 11% Revenue Decline in Greater China, Cook Addresses Market ConcernsApple Inc. announced its fiscal Q1 2025 (calendar Q4 2024) earnings on January 31st, reporting record-breaking total revenue of $124...
Mobile Internet 2025-01-31 14:28:40 -
Apple CEO Tim Cook Hints at Significant Future Design Innovations for iPhone: Ultra-Thin iPhone 17 Air on the Horizon?
Apple CEO Tim Cook Hints at Significant Future Design Innovations for iPhone: Ultra-Thin iPhone 17 Air on the Horizon?During the Q1 2025 earnings call, Apple CEO Tim Cook's response regarding future design innovation for iPhones sparked widespread speculation about an upcoming "iPhone 17 Air." While Cook is typically cautious on earnings calls, avoiding details about future products, his response this time was surprisingly encouraging...
Mobile Internet 2025-01-31 14:26:08 -
Apple CEO Tim Cook: Apple Intelligence Drives iPhone 16 Sales Beyond Expectations
Apple CEO Tim Cook: Apple Intelligence Drives iPhone 16 Sales Beyond ExpectationsDuring today's earnings call, Apple CEO Tim Cook announced that iPhone 16 sales exceeded expectations, driven significantly by the strong performance of Apple Intelligence. This news is a major boost for Apple in the fiercely competitive smartphone market...
Mobile Internet 2025-01-31 14:24:47 -
ASUS ZenFone 12 Ultra is Coming Soon: Powered by Snapdragon 8 Gen 2 for Extreme Performance
ASUS ZenFone 12 Ultra is Coming Soon: Powered by Snapdragon 8 Gen 2 for Extreme PerformanceASUS teased its upcoming ZenFone 12 Ultra smartphone on January 30th via a 15-second video on X (formerly Twitter). The video showcased the phone's front design: a centered punch-hole display with ultra-thin bezels and, surprisingly, a retained 3...
Mobile Internet 2025-01-31 14:24:05
