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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 -
Tencent Applies for Patent on "Blockchain Virtual Resource Transfer Method" to Enhance Virtual Asset Security
Tencent Applies for Patent on "Blockchain Virtual Resource Transfer Method" to Enhance Virtual Asset SecurityOn January 31, 2025, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2025-01-31 15:24:27 -
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 -
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 -
Southern Power Grid Applies for Blockchain-Based Power Retail Transaction Patent: Enhancing Efficiency and Security
Southern Power Grid Applies for Blockchain-Based Power Retail Transaction Patent: Enhancing Efficiency and SecurityOn January 31, 2025, the State Intellectual Property Office of China revealed that Southern Power Grid Digital Enterprise Technology (Guangdong) Co., Ltd...
Blockchain 2025-01-31 15:02:46 -
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 -
Yunnan Power Grid Applies for Patent on Blockchain and Homomorphic Encryption-Based Data Authorization Method and System, Ensuring Data Security and Privacy
Yunnan Power Grid Applies for Patent on Blockchain and Homomorphic Encryption-Based Data Authorization Method and System, Ensuring Data Security and PrivacyOn January 31, 2025, the State Intellectual Property Office of China revealed that Yunnan Power Grid Corporation's Information Center had applied for a patent titled "A Data Authorization Method and System Based on Blockchain and Homomorphic Encryption," with publication number CN119379286A and an application date of October 2024. This patent represents a significant breakthrough in data security and privacy protection, offering new possibilities for future data authorization and trading models...
Blockchain 2025-01-31 14:46:58 -
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 -
Apple iPhone SE4: A17 Pro Chip and Sub-$500 Price Point Generate Huge Anticipation
Apple iPhone SE4: A17 Pro Chip and Sub-$500 Price Point Generate Huge AnticipationOn January 31st, news about the upcoming Apple iPhone SE4 exploded across the tech world. Key specs and design have been finalized for this highly anticipated phone, and its incredibly competitive price point has captivated countless consumers...
Mobile Internet 2025-01-31 14:42:21 -
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: 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
