Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'
The sweeping layoffs equate to 2.1% of Microsoft's workforce, with 1,600 immediate job losses at Xbox.
Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 million
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.
Bitmine added another $74 million in ether as Tom Lee bets on Clarity Act boost
The second-largest digital asset treasury increased its buying pace, while Strategy sold a chunk of its bitcoin holdings.
Cantor says Strategy's recovery hinges on restoring STRC to par
Bringing Strategy's preferred shares back to $100 is key to restarting Strategy's capital engine, the bank said, with repeated management actions expected to support both preferred and common shareholders.
DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
The protocol’s SUMR token fell by over 18% after the incident.
Securitize eyes acquisitions with $400 million war chest after going public, CEO says
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.
Ethereum developers embrace Vitalik Buterin's long-term vision but urge quicker execution
The "Lean Ethereum" strawmap, updated earlier this week, has gained support from many of the network's researchers, though several say the biggest challenge won't be deciding what to build, but how quickly it can happen.
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's happening at Strategy?
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.
BBC reports from the Strait of Hormuz during fragile ceasefire
Dozens of boats are still anchored in the Strait, while ordinary Iranians try to continue to their lives.
BBC in Tehran as mourners gather for former supreme leader's funeral
Iranian authorities say they expect millions of people to take part in funeral commemorations for Ayatollah Ali Khamenei.
Funeral of Iran's former supreme leader 'intensely political moment'
Authorities expect up to 20 million people to attend ceremonies across Iran and Iraq over the coming days.
Iran nuclear and military damage revealed after restricted satellite images released
Targets hit include ballistic missile infrastructure, nuclear sites, and naval bases.
Syria's president names final 70 lawmakers to new post-Assad parliament
Fifteen women are appointed, after only six female candidates were selected by regional electoral colleges last October.
'Two weeks after her death I got a call': Gaza patients face agonising delays for evacuation
An estimated 300 Palestinians referred for treatment abroad have died since the ceasefire began, according to Gaza's Hamas-run health ministry.
Bomb blast at Damascus cafe kills nine, Syrian state media say
There was no immediate claim for the bombing at a cafe close to the Palace of Justice, a major government building.
On the Strait of Hormuz, BBC finds seized ships and shark fishermen as uneasy calm returns
The BBC travels to the city of Bandar Abbas - the first time journalists from a UK broadcaster have been to the Iranian side of the strait.
How Iran's new regime is very different to what came before
Khamenei's funeral is another reminder of the change Iran has seen, but what does its new leadership want?