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Block shares plunge 17%, head for worst day in 5 years after earnings miss

cnbc.com Mackenzie Sigalos 2025-06-09 12:55:23

Block shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling short of the average analyst estimate of 87 cents, according to LSEG. Revenue of $6.03 billion also missed expectations of $6.29 billion. The company posted $2.31 billion in gross profit

Topics: billion block increase square year

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Game investments and M&A totaled $17.5B across 985 deals in 2024 | DDM

venturebeat.com Dean Takahashi 2025-06-09 12:00:00

As the games industry moves on from “survive til 25,” 2024 games investment and M&A data revealed recovery and improvement, according to market analyst firm Digital Development Management (DDM). In order to properly compare 2024 to 2023, it’s important to remember that in Q4 2023 Microsoft acquired Activision Blizzard for $68.7 billion, the largest gaming M&A in history by over 5.4 times its nearest counterpart of Take-Two Interactive’s $12.7 billion acquisition of Zynga. Removing Microsoft’s

Topics: 2024 billion investments value volume

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T-Mobile users beware: New scam tricks customers into returning ‘free’ phones to fraudsters

androidauthority.com Unknown 2025-06-09 05:29:15

Edgar Cervantes / Android Authority TL;DR It looks like scammers are posing as T-Mobile reps, offering “free phones” to loyal customers and tricking them into placing real phone orders. Victims receive a phone, and then the scammer contacts them claiming the wrong model was sent. The victim is asked to return the phone, which ends up in the hands of the scammer, leaving the victim with an unpaid installment balance. T-Mobile users, beware. There’s a new, highly convincing scam targeting subs

Topics: free mobile offer phone victim

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These classic Star Wars RPGs are free on Android for a limited time

androidauthority.com Unknown 2025-06-09 07:20:56

TL;DR Star Wars: KOTOR and Star Wars: KOTOR II are free on the Epic Games Store mobile app. Both claims can be claimed until March 20 and will remain in your library forever. The games are free on Android worldwide, but only in Europe on iOS. Epic Games has been giving away free games every week for years. In 2025, it promised to do the same with its new mobile app. The second round of giveaways includes two hit Star Wars RPGs: KOTOR and KOTOR II. In case you haven’t played the Xbox-era clas

Topics: app epic games mobile wars

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After Pixel 4a, now Fitbit trackers are getting a bad battery update

androidauthority.com Unknown 2025-06-09 08:37:55

Kaitlyn Cimino / Android Authority TL;DR Google is releasing a battery performance program for Fitbit Sense and Versa 3. The update will reduce battery capacity, and affected users can claim $50, much like they could with the Pixel 4a. Failure to update may result in a factory reset and data loss. Google took Pixel 4a owners on a wild ride this year, those still using this smartphone from 2020. The Pixel 4a Battery Performance Program update released in January 2025 reduced capacity by aroun

Topics: 4a battery fitbit pixel update

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Hacker steals record $1.46 billion from Bybit ETH cold wallet

bleepingcomputer.com Unknown 2025-06-09 11:41:59

Cryptocurrency exchange Bybit revealed today that an unknown attacker stole over $1.46 billion worth of cryptocurrency from one of its ETH cold wallets. "The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing interface, displaying the correct address while altering the underlying smart contract logic," Bybit explained. "As a result, the attacker was ab

Topics: bybit cold cryptocurrency eth incident

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Microsoft's quantum chip Majarona 1 is a few qubits short

zdnet.com Tiernan Ray 2025-06-09 06:08:10

Microsoft says its Majorana 1 contains eight topological qubits and can scale to a million, though the details on how it will scale are scant. Microsoft Quantum Microsoft's quantum computing scientists announced they have finally realized a long-held goal of building a "topological qubit", the equivalent of a transistor for ordinary chips, that may help advance quantum computing. The qubit is the functional element of a quantum chip, called Majorana 1, based on an exotic particle, a hybrid of

Topics: majorana microsoft quantum qubit topological

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Bybit CEO Confirms Exchange Was Hacked for $1.46B

news.ycombinator.com Unknown 2025-06-09 12:15:03

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows. The wallet has sold around $200 million worth of stETH so far. Bybit CEO Ben Zhou wrote on X that a hacker "took control of the spe

Topics: bybit eth hack million wallet

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Three reasons every founder and VC should be at TechCrunch All Stage 2025

techcrunch.com Techcrunch Events 2025-06-09 10:00:00

From idea to IPO — where are you on your startup journey? Are you a pre-seed founder seeking your next VC investment? A late-stage startup preparing to go public? Still in the idea phase and looking for insights to bring your vision to life? Or are you a VC eager to back the next breakthrough innovation? If any of that sounds like you — or if you’re in between stages and ready to level up — TechCrunch All Stage 2025 (formerly Early Stage) is the place to be. Join 1,200 founders to exchange

Topics: big right scaling stage startup

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Crypto exchange Bybit says it was hacked and lost around $1.4 billion

techcrunch.com Lorenzo Franceschi-Bicchierai 2025-06-09 13:00:33

Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of ethereum (ETH) from one of the company’s offline wallets. Bybit’s chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the theft amounts to about $1.4 billion. Both crypto security firm Elliptic, as well as crypto security researcher ZachXBT, the total amount of ETH stolen is worth around $1.4 billion, making this the largest known

Topics: according billion bybit crypto theft

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Augury and Hightouch joined the unicorn club

techcrunch.com Anna Heim 2025-06-09 13:05:00

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Startup life is a story of births and deaths. This week confirmed this, and it confirmed that unicorn rounds are not dead. Most interesting startup stories from the week Image Credits:Natalie Christman / Humane As happens often in the startup world, it’s been a week of beginnings and endings. Thinking machines: Thinking Machines Lab, the n

Topics: ai billion million round startup

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Mark your calendar: T-Mobile’s free MLB.TV offer returns next month

androidauthority.com Unknown 2025-06-09 07:23:58

Ryan Haines / Android Authority TL;DR T-Mobile is once again offering a free season of access to MLB.TV for subscribers. You’ll have to redeem this deal in the T-Life app between March 25 and March 31. This follows the currently available promotion for free MLS Season Pass. Whether you’re a sports fan, or just a fan of getting something nice for nothing, this was a good week for you, as just a couple days back we saw T-Mobile offer a free MLS Season Pass as the latest T-Mobile Tuesday perk.

Topics: free mlb mobile season tv

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61 US startups became unicorns in 2024: Here’s the full list

techcrunch.com Dominic-Madori Davis 2025-06-09 02:55:22

Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other AI startups. But cybersecurity, health tech, and fintech have also done well. This list will be updated throughout the year, so check back and see the powerhouses ra

Topics: according billion company million raised

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Elon Searching for Investors Gullible Enough to Pour More Money Into Twitter

futurism.com Unknown 2025-06-09 07:13:39

In 2022, Elon Musk placed a bid of almost $44 billion to acquire Twitter, which he then tried to worm out of. With his back against the wall after a brief skirmish in the courts, Musk chose to honor his original purchase agreement and take over the platform. Flash forward to the present day, and X-formerly-Twitter has lost upward of 79 percent of its original value after neo-Nazis flocked to the platform and big-name advertisers fled in droves. Now, in a somewhat rare move for the richest man

Topics: billion company debt musk platform

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An honest and in-depth look at how Mint Mobile really compares to the big three carriers

androidauthority.com Unknown 2025-06-09 06:43:35

Edgar Cervantes / Android Authority Mint Mobile is arguably one of the most well-known prepaid brands, thanks in large part to a massive marketing campaign featuring actor and former partial owner Ryan Reynolds. You’ve probably heard about how you can save big by paying upfront, with plans starting as low as $15 a month. But is Mint Mobile too good to be true? Are prepaid carriers really worth it compared to the major postpaid networks? The answer depends on your needs, level of tech knowledge,

Topics: mint mobile network postpaid verizon

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Mint Mobile vs Visible: Two of the best prepaid carriers, compared

androidauthority.com Unknown 2025-06-09 06:51:47

Edgar Cervantes / Android Authority If you’re looking for an alternative to AT&T, T-Mobile, and Verizon, there are a lot of prepaid carriers available in the US. Some are small independent companies; others belong to telecoms or one of the three major cellular networks. Two of the more popular prepaid carriers are Visible and Mint Mobile. Both are known for offering a lot of value, but there are a lot of differences between the two. In this guide, we compare Mint Mobile vs Visible to help you d

Topics: data mint mobile unlimited visible

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Fitbit is making it easier to spot when your tracker’s battery is critically low

androidauthority.com Unknown 2025-06-09 08:27:13

Kaitlyn Cimino / Android Authority TL;DR Google is rolling out a firmware update for the Fitbit Charge 6, Inspire 3, Sense 2, and Versa 4. It brings four new status indicators that alert you when do not disturb and sleep mode are enabled, the device’s battery is critically low, or it’s disconnected from your phone. The update also includes new Bluetooth security features for the Charge 6 and Inspire 3. Fitbit’s devices are widely regarded as the best fitness trackers on the market thanks to

Topics: charge fitbit indicators inspire status

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Microsoft Says It's Made a Major Quantum Computing Breakthrough With New Chip

cnet.com Samantha Kelly 2025-06-09 07:43:00

The race to shape the future of computing is heating up among tech companies, with Microsoft saying on Wednesday it has made a major breakthrough in quantum computing, potentially paving the way for the technology to address complex scientific and societal challenges. Scientists at the tech giant have spent 17 years developing a new material and framework for quantum computing to help power its new Majorana 1 processor. Microsoft is calling the advancement the world's first quantum processor po

Topics: chip computing microsoft quantum qubits

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Best Bluetooth Speaker for 2025

cnet.com David Carnoy 2025-06-09 10:00:00

Sonos Roam: Available in white or black for $179, the Roam is currently the smallest and most affordable Sonos speaker (if you don't count those $99 Sonos-compatible Symfonisk Ikea Wi-Fi bookshelf speakers), although it's fairly expensive for a mini wireless speaker. This Sonos Roam model, like the bigger Sonos Move 2 portable speaker, is equipped with both Bluetooth and Wi-Fi and can tap into an existing Sonos multiroom audio system and link with other Series 2-compatible Sonos speakers. Learn

Topics: bluetooth sound speaker speakers tribit

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Apple, Lenovo lead losers in laptop repairability analysis

arstechnica.com Unknown 2025-06-09 09:20:21

Apple and Lenovo had the lowest laptop repairability scores in an analysis of recently released devices from consumer advocacy group US Public Interest Research Group (PIRG) Education Fund. While Apple's low marks are partially due the difficulty involved in disassembling MacBooks, Lenovo appears to be withholding information from shoppers deemed critical to right-to-repair legislation and accessibility. The report, US PIRG's fourth annual “Failing the Fix” [PDF], calculated repairability score

Topics: legislation pirg repairability report scores

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Rivian reports first quarter of ‘positive gross profit’

theverge.com Andrew J. Hawkins 2025-06-09 10:50:21

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Rivian announced a significant milestone today, reporting its first “positive gross profit” in its fourth quarter earnings for 2024. It was a sign that the struggling company’s efforts to slash costs through the gut overhaul of its R1 electric vehicles is starting to yield some positive results. But dark clouds loom ahead,

Topics: billion company rivian said year

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Fitbit’s got a battery problem

theverge.com Victoria Song 2025-06-09 11:12:49

is a senior reporter focusing on wearables, health tech, and more with 13 years of experience. Before coming to The Verge, she worked for Gizmodo and PC Magazine. Last month, Fitbit Versa 3 and Sense owners started getting notifications to download a mandatory firmware update. The problem? Overheating batteries. In an official consumer notice, Google (which owns Fitbit) notes that the firmware update would “reduce the risk of battery overheating and reduce battery capacity.” Affected users, of

Topics: battery devices fitbit users versa

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Boost Mobile’s iPhone 16e deal cuts the price tag by more than half

androidauthority.com Unknown 2025-06-09 10:51:20

Edgar Cervantes / Android Authority TL;DR The iPhone 16e will be available at Boost Mobile. The carrier is offering the iPhone 16e for only $199. Customers can start pre-ordering Apple’s latest phone on February 21. Apple just launched the iPhone 16e, the successor to the iPhone SE 3, and now all of the carriers are starting to share their deals for Apple’s latest phone. T-Mobile and Metro by T-Mobile recently revealed that their customers can practically get the device for free. Boost Mobil

Topics: 16e boost customers iphone mobile

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Microsoft fixes Power Pages zero-day bug exploited in attacks

bleepingcomputer.com Unknown 2025-06-09 10:34:14

Microsoft has issued a security bulletin for a high-severity elevation of privilege vulnerability in Power Pages, which hackers exploited as a zero-day in attacks. The flaw, tracked as CVE-2025-24989, is an improper access control problem impacting Power Pages, allowing unauthorized actors to elevate their privileges over a network and bypass user registration controls. Microsoft says it has addressed the risk at the service level and notified impacted customers accordingly, enclosing instruct

Topics: microsoft notified pages power vulnerability

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AI cracks superbug problem in two days that took scientists years

feeds.bbci.co.uk Unknown 2025-06-09 13:08:28

AI cracks superbug problem in two days that took scientists years Cases of tuberculosis (pictured) have increased in the UK and worldwide as the disease increases its resistance to antibiotics A complex problem that took microbiologists a decade to get to the bottom of has been solved in just two days by a new artificial intelligence (AI) tool. Professor José R Penadés and his team at Imperial College London had spent years working out and proving why some superbugs are immune to antibiotics.

Topics: ai antibiotics problem took years

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Europe risks becoming a 'museum' if it doesn't innovate in AI and deregulate, Swedish PM warns

cnbc.com Ryan Browne 2025-06-09 10:55:26

STOCKHOLM — Europe is at risk of becoming a "museum" if it doesn't soften strict curbs on artificial intelligence technologies and deregulate, Sweden's Prime Minister Ulf Kristersson said Thursday. "I think we really need to step up in Europe ... the American economy, Chinese economy have been growing far faster compared to the European economies over the last 20 years," the premier told attendees of the Techarena event in Stockholm. "If we don't change that, Europe will actually become some k

Topics: ai billion compared europe investment

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On T-Mobile and hate the T-Life app? We have bad news

androidauthority.com Unknown 2025-06-09 00:25:14

C. Scott Brown / Android Authority TL;DR T-Mobile’s new internal Magenta Welcome program starts today. This is a continuation of T-Mobile’s efforts to push customers to the app, even when getting in-store support. Customers will now be able to check in to T-Mobile stores through the app, or even automatically using location services. Customer service reps will then connect to the T Life app and essentially use it to make changes for the customers. This change could end up making customer serv

Topics: app customer customers life mobile

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The new iPhone 16e is virtually free with these T-Mobile and Metro by T-Mobile trade-in deals

androidauthority.com Unknown 2025-06-09 13:38:50

TL;DR T-Mobile and Metro by T-Mobile are offering the iPhone 16e for free with eligible trade-ins. T-Mobile users can get the iPhone 16e for free with eligible trade-ins on Magenta Max, Go5G Plus, and Go5G Next plans. On most other plans, you can get it for free when adding a new line or get up to $500 off with a trade-in. Customers can get the iPhone 16e for free when they join Metro Flex Up or Metro Flex Plus, with 12 months of service credits. Apple launched the iPhone 16e yesterday, comin

Topics: 16e free iphone metro mobile

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FAQ on Microsoft's topological qubit thing

news.ycombinator.com Unknown 2025-06-09 09:25:20

Q1. Did you see Microsoft’s announcement? A. Yes, thanks, you can stop emailing to ask! Microsoft’s Chetan Nayak was even kind enough to give me a personal briefing a few weeks ago. Yesterday I did a brief interview on this for the BBC’s World Business Report, and I also commented for MIT Technology Review. Q2. What is a topological qubit? A. It’s a special kind of qubit built using nonabelian anyons, which are excitations that can exist in a two-dimensional medium, behaving neither as fermio

Topics: claim microsoft qubit qubits topological

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Tubi Is Not the Next Netflix. It’s Something Better

wired.com Jason Parham 2025-06-09 12:00:00

Here’s a fun tidbit to toss out at your next dinner party: Tubi is home to the biggest content library of all the streamers. That’s right, the one-time underdog of streaming now claims it has more content than Netflix. Tubi has over 275,000 titles from every era and genre of film and television. At least, that's what the company says; it’s nearly impossible to verify given the library’s size. Offerings span cult classics (Cooley High), ’90s heist movies (The Thomas Crown Affair), and everything

Topics: content movies platform streaming tubi

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Latest Tech News

Block shares plunge 17%, head for worst day in 5 years after earnings miss

Game investments and M&A totaled $17.5B across 985 deals in 2024 | DDM

T-Mobile users beware: New scam tricks customers into returning ‘free’ phones to fraudsters

These classic Star Wars RPGs are free on Android for a limited time

After Pixel 4a, now Fitbit trackers are getting a bad battery update

Hacker steals record $1.46 billion from Bybit ETH cold wallet

Microsoft's quantum chip Majarona 1 is a few qubits short

Bybit CEO Confirms Exchange Was Hacked for $1.46B

Three reasons every founder and VC should be at TechCrunch All Stage 2025

Crypto exchange Bybit says it was hacked and lost around $1.4 billion

Augury and Hightouch joined the unicorn club

Mark your calendar: T-Mobile’s free MLB.TV offer returns next month

61 US startups became unicorns in 2024: Here’s the full list

Elon Searching for Investors Gullible Enough to Pour More Money Into Twitter

An honest and in-depth look at how Mint Mobile really compares to the big three carriers

Mint Mobile vs Visible: Two of the best prepaid carriers, compared

Fitbit is making it easier to spot when your tracker’s battery is critically low

Microsoft Says It's Made a Major Quantum Computing Breakthrough With New Chip

Best Bluetooth Speaker for 2025

Apple, Lenovo lead losers in laptop repairability analysis

Rivian reports first quarter of ‘positive gross profit’

Fitbit’s got a battery problem

Boost Mobile’s iPhone 16e deal cuts the price tag by more than half

Microsoft fixes Power Pages zero-day bug exploited in attacks

AI cracks superbug problem in two days that took scientists years

Europe risks becoming a 'museum' if it doesn't innovate in AI and deregulate, Swedish PM warns

On T-Mobile and hate the T-Life app? We have bad news

The new iPhone 16e is virtually free with these T-Mobile and Metro by T-Mobile trade-in deals

FAQ on Microsoft's topological qubit thing

Tubi Is Not the Next Netflix. It’s Something Better

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