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Crypto

Interest surges after XRP launches official X account; Ripple president credits early developers

An official XRP account opened on X on Oct. 19, drawing reactions from Ripple executives and the XRP community. Ripple President Monica Long highlighted early developers and the community that built the ecosystem before XRP gained attention. The account’s first post drew rapid views, and CEO Brad Garlinghouse called it long-awaited. XRPL validator Hussein Zangana warned users about phishing attempts exploiting the situation.

Telecommunications & Media

YouTube and TikTok emerge as rivals, adding to Netflix\'s new growth dilemma

Netflix released its third-quarter results on Oct. 20 and showed its ability to generate profits remains intact, but the market reaction was negative. Revenue rose 12 percent to $12.9 billion, while growth was the weakest in three years. Concerns over viewing-time growth, especially in the United States and Canada, weighed on sentiment. The company also faces competition from YouTube and TikTok and a lack of new hits.

Industry

Tesla\'s next-generation Roadster draws attention as Foxconn targets Japan

Tesla\'s next-generation Roadster is drawing attention for a flashy unveiling and talk of a 10-minute charge battery and compressed-air self-charging. Social media parodies have spread, but questions remain about specifications, feasibility and commercial viability, including Tesla\'s stance that it cannot guarantee delivery to reservation holders. The article also notes shifts in China\'s auto market, overseas pushes by Chinese EV makers, Korean mobility initiatives, and Japan-focused moves by Foxconn and Toyota.