Canaan posts $88.7M quarterly loss
Canaan reported a net loss of $88.7 million in the first quarter of 2026 as declining bitcoin prices and weaker mining equipment demand weighed heavily on results.
Canaan reported a net loss of $88.7 million in the first quarter of 2026 as declining bitcoin prices and weaker mining equipment demand weighed heavily on results.
Pump.fun remained Solana’s largest revenue-generating application in the first quarter of 2026 after producing $124.7 million, more than one-third of the network’s $342.2 million in total app revenue.
Talks between Samsung Electronics and its largest labor union broke down, raising the prospect of a workers' strike. A general work stoppage will go ahead on Thursday, labor leader Choi Seung-ho told reporters. The collapse in negotiations puts the global technology supply chain at risk because Samsung is the world's biggest supplier of the chips that go into devices from data center servers to smartphones and electric vehicles. Bloomberg's Yoolim Lee reports.
Financial Intelligence Unit of Estonia partially suspended the operating licence of BB Trade Estonia OÜ, the company operating under the Zondacrypto brand.
China's healthcare and biotechnology sector is expanding rapidly, driven by scale, speed and a more efficient drug approval regime. This segment examines how artificial intelligence is helping cut early drug design costs, while leaving much of the expensive clinical and manufacturing process unchanged. The discussion also looks at why China has become a global leader in clinical trials and biotech infrastructure, and how more realistic valuations are reshaping public markets in Hong Kong. Simone Song, Founding Partner of Ori Capital, joined David Ingles from the sidelines of Sohn Hong Kong Investment Leaders Conference on Insight with Haslinda Amin to share her outlook on the sector and its risks.
Woodside CEO and Managing Director Liz Westcott discusses her concerns about the energy crunch sparked by the war in Iran. She speaks with Paul Allen from the sidelines of the Australian Energy Producers Conference in Adelaide.
Yorkville America withdrew several crypto ETF applications filed on behalf of Donald Trump-backed Truth Social after changing its product strategy.
Bankr temporarily disabled transactions after identifying an attacker who gained access to at least 14 wallets linked to its AI-powered crypto trading platform.
The United States Senate voted to advance a resolution that could require US President Donald Trump to obtain congressional authorisation to continue military operations against Iran.
Australian Energy Producers CEO Samantha McCulloch addresses the pressing challenges facing Australia's energy sector. She speaks with Paul Allen from the sidelines of 'Australian Energy Producers Conference & Exhibition 2026' in Adelaide.
Cathie Wood of Ark Investment Management says "the largest revenue generating opportunity from AI, in terms of embodied AI, is going to be in transportation." She tells Bloomberg's David Ingles that Tesla and robotaxis "are about to take off."
K33 Research said bitcoin’s current market structure differs significantly from prior bear markets because traders remain unusually defensive despite the cryptocurrency’s recovery from February lows near $60,000.
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