News with the tag "Fox"

TSMC is making headlines again with its AI exploits. The world’s largest chipmaker raked in 868.5 billion New Taiwan dollars ($26.3 billion) in revenue for December 2024. That’s a 38.8% jump compared to the same period in 2023. Even more impressive was that it blew past analysts’ expectations of 850...

Seychelles-based OKX has issued a warning about the proliferation of unauthorized OKX wallet add-ons, which are currently available in the Firefox plug-in store. According to user reports, the fake browser extension adds a third-party functionality within the site’s browser interface. Although Firef...

Strong demand for AI servers set Taiwan’s Foxconn to a record fourth-quarter revenue. In a statement, the company said its revenue rose 15.2% to T$2.13 trillion ($64.72 billion). According to a Reuters report , this figure outpaced the T$2.1 trillion forecast on LSEG’s SmartEstimate, which centers o...

MARA CEO Fred Thiel said Bitcoin has only fallen in three of the last 14 calendar years, which is why retail should consider buying Bitcoin and just let it appreciate in value.

Southeast Asia is turning into the backbone of the global tech industry as rising tensions between the US and China force companies to rethink their operations. From 2020 to 2023, more than $100 billion in foreign direct investment poured into Vietnam and Malaysia, with even more on the way. This ca...

The cryptocurrency market is excitedly anticipating a major announcement from U.S. President-elect Donald Trump following reports that former Trump’s pick to replace Gary Gensler as Chair of the U.S. Securities and Exchange Commission (SEC) could be announced soon. According to a report from Fox Bus...

Donald Trump's team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.

Foxconn, the world’s largest contract electronics maker reported better-than-expected third quarter financials on firm demand for AI servers. The Taiwanese firm saw a 14% rise in quarterly profit driven by strong demand for AI. servers. This comes on the back of a record third-quarter revenue as the...

Pennsylvania House of Representatives introduces new legislation to allow the state to hold Bitcoin as a reserve asset. According to a journalist at Fox Business, Pennsylvania has introduced a new bill today on November 14th. The new bill, if passed would add Bitcoin to the state’s financial reserve...

A significant shift in the regulatory landscape for cryptocurrencies may be on the horizon following the recent U.S. election victory of Donald Trump. Fox Business journalist Eleanor Terrett reported on X that a source close to the Trump transition team confirmed that the appointment of a new SEC Ch...