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Industry
SpaceX lock-up expiry could release 911.5 million shares ahead of first earnings
SpaceX will hold its first earnings announcement on Aug. 4, with the date coinciding with the first post-IPO lock-up expiry that could release up to 911.5 million shares. The company adopted a phased sale structure, allowing insiders to sell 20 percent of eligible locked-up stock after earnings. Additional shares could be released if the stock meets a price threshold. Short interest has risen as investors also watch launch schedules and cloud business expansion.
Crypto
U.S. Clarity bill stumbles at last minute; Naver Financial-Dunamu tie-up stalls
The crypto industry’s main focus is the United States’ Clarity bill, with four weeks left before a Senate deadline amid pressure from House members, late-stage wrangling over ethics provisions, and banks seeking changes to a stablecoin interest clause. XRP dominated attention this week but remained weak versus bitcoin. Bitcoin forecasts stayed mixed. In South Korea, regulators approved Mirae Asset Consulting’s purchase of Korbit, while the Naver Financial-Dunamu deal was delayed again.
Crypto
Forbes July promising cryptos: XRP ranks fourth after bitcoin, ethereum and BNB
XRP ranked fourth on Forbes\' list of 10 promising cryptocurrencies to invest in for July 2026, behind bitcoin, ethereum and Binance Coin (BNB). Forbes said it ranked digital assets with market values of $5 billion or more based on real-world usability, market size, recent price moves and trading activity. It said the criteria prioritized practical use cases and long-term appeal, while also weighing supply structure and ownership concentration.
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Telecommunications & Media
Samsung begins development of \'Galaxy Ring 2\' - 6 points experts cite as differentiators
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Crypto
Former Ripple CTO calls claim that high fees mean a better network \'bizarre\'
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Finance
CZ Changpeng Zhao disputes Forbes net worth ranking
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Finance
Meritz Financial urges MBK to provide additional funding for Homeplus
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Finance
Elon Musk becomes first trillionaire as SpaceX soars 19 percent on Nasdaq debut
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Games & Commerce
Pearl Abyss\' Crimson Desert tops 6 million in sales, ranks No. 2 in U.S. annual sales
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AI & Enterprise
Starbucks ditches AI inventory system as AI-driven layoffs spread
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AI & Enterprise
Depthfirst says it found more bugs missed by Anthropic Mythos at one-tenth the cost
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Crypto
Binance sues Wall Street Journal for defamation, focusing on protecting user trust
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AI & Enterprise
Snowflake steps up strategy to run AI work inside its data platform
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Crypto
Coinbase CEO wealth down more than 15 trillion won in a year
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General News
Elon Musk closes in on becoming the world\'s first trillionaire, led by SpaceX not Tesla
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Finance
Google and Meta widen fintech gap by moving early into India and AI
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Crypto
Accenture 2026 report says \'unconstrained banking\' era has arrived
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Finance
U.S. retail industry grows more dependent on buy now, pay later