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Crypto

Nasdaq to invest $100 million in Kraken parent Payward, eyes tokenised stock trading in 2027

Nasdaq will invest $100 million in Payward, the parent of crypto exchange Kraken, and plans to launch tokenised shares in 2027. The two companies aim for a second-quarter rollout and will build infrastructure for the distribution and trading of tokenised stocks, along with market surveillance technology. CNBC reported debate continues over what tokenised shares mean and what rights holders receive because they do not directly own the underlying assets.

Telecommunications & Media

Apple\'s \'Duo\' is not the first as company makes choice shaped by Microsoft\'s failure

Apple’s first foldable iPhone, unveiled on Sept. 9 local time and named iPhone Duo, is the second foldable smartphone to use the “Duo” name after Microsoft’s Surface Duo. Microsoft avoided a flexible folding screen by linking two 5.6-inch OLED panels, but software problems and other shortcomings hurt the product and it was discontinued. Apple is moving early on developer support and app compatibility ahead of an October full-compatibility rollout.

Industry

U.S. automakers fall silent on EVs as China rolls out new models

U.S. legacy automakers have sharply reduced announcements and public references related to electric vehicles, prompting criticism that their EV strategies are effectively retreating. CleanTechnica reported that companies once issued far more EV press releases than their actual sales share. The shift is linked to Tesla’s rise, then weaker-than-expected market response and sales. The re-election of President Donald Trump has also increased policy pressure, encouraging firms to scale back programs or avoid comments.