Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge

August 1, 2024 Leave a Comment

The company’s loss per share doubled to $0.32.

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author:

Top buyers of Trump-sponsored crypto win exclusive dinner with president May 13, 2025
Contest for $TRUMP meme coin has prompted accusations of president boosting family business and foreign influenceOn Monday, the top 220 buyers of a Donald Trump-sponsored cryptocurrency won access to an exclusive dinner with the president as a reward for pouring money into the coin. It was the culmination of Trump’s weekslong promotion of the contest, […]
‘Just wildly illegal’: top Democrats push to censure Trump’s plan to accept Qatar jet May 12, 2025
Four senators, including Cory Booker, say they will press for vote against president’s plan to take $400m gift from QatarTop Democrats in the US Senate are pushing for a vote on the floor of the chamber censuring Donald Trump’s reported plan to accept a $400m luxury jet from the royal family of Qatar for use […]
Alex Mashinsky of cryptocurrency firm Celsius Network sentenced to 12 years May 8, 2025
Founder and former CEO of bankruptcy lender pleaded guilty in December to securities and commodities fraudAlex Mashinsky, the founder and former chief executive of the cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud.Mashinsky’s sentence was imposed by US District […]
Why are the Democrats greenlighting Trump’s crypto plans? | Corey Frayer May 7, 2025
Dangerous bills could pave the way for Trump’s own cryptocurrency to be used in government paymentsWhen Elon Musk’s “department of government efficiency” (Doge) gained access to treasury payment systems in February, Democratic party leadership pledged to protect government payments from Donald Trump’s influence. Chuck Schumer and Hakeem Jeffries held a press conference announcing the Stop […]
French police investigate spate of cryptocurrency millionaire kidnappings May 4, 2025
Victims have had fingers chopped off by attackers in crimewave targeting entrepreneurs and their familiesFrench police are investigating a series of kidnappings of investors linked to cryptocurrency after a 60-year-old man had a finger chopped off by attackers who demanded his crypto-millionaire son pay a ransom.In the latest of several kidnappings of cryptocurrency figures in […]

Leave a ReplyCancel reply

Is Slate Auto’s Electric Truck the Answer to Expensive Cars? May 13, 2025
Slate Auto, a start-up backed by Jeff Bezos, plans to sell a small, spartan electric truck that comes with no paint, stereo or touch-screens.
OpenAI Is in Talks to Acquire Programming Tool Windsurf for $3 Billion May 13, 2025
The deal could be a way for OpenAI to gain a foothold among programmers, who are rapidly embracing A.I. technologies.
The Tech Guys Are Fighting. Literally. May 13, 2025
Not content to battle it out in the boardroom, crypto bros, tech executives and start-up founders have embraced an old-fashioned version of masculinity.
Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business May 13, 2025
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
How the Columbia River Treaty Got Tangled in Trump’s Feud With Canada May 13, 2025
Negotiations over the Columbia River basin could affect the environment in Canada and electrical generation and flood control in the United States.
Tesla Board Chair Robyn Denholm Made $198 Million Selling Stock as Profit Fell May 13, 2025
Robyn Denholm sold Tesla stock in recent months while Elon Musk, the chief executive she oversees, worked for President Trump and alienated many car buyers.
A Decade-Long Search for a Battery That Can End the Gasoline Era May 13, 2025
Can a small Massachusetts start-up perfect a battery that would make electric vehicles cheaper and more convenient than conventional cars?
Elon Musk’s Boring Company Is in Talks With Government Over Amtrak Project May 13, 2025
The Federal Railroad Administration has brought in the tunneling company to see if it could help with a multibillion-dollar rail project.
For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity May 12, 2025
As the president heads to the Middle East, America’s dominance over A.I. chips has become a powerful source of leverage for the president.
Teenager Fatally Shot During ‘Ding Dong Ditch’ TikTok Prank May 10, 2025
A Virginia man was charged with second-degree murder after the shooting. The teenager’s friends told the authorities they had been filming a video of the prank for TikTok.
‘The Interview’: Can Whitney Wolfe Herd Make Us Love Dating Apps Again? May 10, 2025
The Bumble CEO has returned to run the struggling company she founded, and says she has a plan for getting Gen Z back.
Elon Musk’s Use of X Mimics Hearst’s and Ford’s Manipulation of Media May 10, 2025
The Tesla billionaire is using his social media site X to rant and accuse. The politics of rage rarely worked out well for earlier moguls.
Google Agrees to Pay $1.4 Billion to Settle 2 Privacy Lawsuits May 10, 2025
The Texas attorney general brought the cases in 2022 under state laws.
How iPhone Apps Are Changing After a Recent App Store Ruling May 9, 2025
A federal judge’s recent ruling has made it possible for apps to sell software and subscriptions outside the App Store without having to pay a commission.
How Apple Created a Legal Mess When It Skirted Judge’s Ruling May 9, 2025
Court documents show the company commissioned a sham report and lied on the stand to justify its actions, which will cast a shadow over future lawsuits.
Pinterest Agreed to Settle Christine Martinez Lawsuit for $34.7 Million May 9, 2025
Christine Martinez, who was a friend of two of Pinterest’s three co-founders, sued the company in 2021 for breach of implied contract and other claims.
U.S. v. Google: What Both Sides Argued in a Hearing to Fix Its Search Monopoly May 9, 2025
The Justice Department and Google have wrapped up a three-week hearing that could have a major impact on the search giant and how people gather information online.
The 2006 Zuckerberg Quote at the Center of Meta’s Antitrust Trial May 9, 2025
“Facebook is about real connections to actual friends,” Mark Zuckerberg said. Here’s why that could be a problem for Meta.
Bad Apple, the Rise of the A.I. Empire and Italian Brain Rot May 9, 2025
“I have rarely read a judge who is so obviously angry at a tech company.”
Elon Musk’s xAI in New Funding Talks May 9, 2025
The discussions follow those of rival OpenAI, which recently closed a funding round that valued it at $300 billion.

Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge

Like this:

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a ReplyCancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories

Share this:

Like this:

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a ReplyCancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories