What Chinese liquor maker Moutai’s slump says about the country’s economy
Kweichow Moutai’s half-year report showed a rare drop in net profit, following the first annual drop on record. Source: www.cnbc.com Read Full Story
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Kweichow Moutai’s half-year report showed a rare drop in net profit, following the first annual drop on record. Source: www.cnbc.com Read Full Story
Payward is joining Project Glasswing, Anthropic’s program for giving vetted organizations access to its powerful cybersecurity AI. Source: decrypt.co Read Full Story
Sono Group’s transition to a Bitcoin-heavy treasury is laying bare the severe financial strain at the core of the restructured company. With its former solar energy subsidiary now spun out as a discontinued operation, the parent company generated zero revenue during the first half of 2026. Instead, Sono has tethered its survival entirely to digital…
Berkshire owned about 106 million shares in the parent of Google, worth $37.9 billion at the end of June, according to a regulatory filing released Friday. Source: www.cnbc.com Read Full Story
A hacker is reportedly selling personal and financial records tied to more than 678,000 taxpayers and businesses in France. Source: decrypt.co Read Full Story
Morgan Stanley Bitcoin Trust (MSBT) recorded a $66.8 million decrease in net assets from operations during its first 85 days, even as the exchange-traded fund brought in $371.1 million of gross share contributions against $5.26 million of redemption distributions. The trust’s first quarterly filing shows creations dominated redemptions while Bitcoin fell. Redemption distributions equaled 1.42%…
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla’s Model Y remained popular. Source: www.cnbc.com Read Full Story
The former operating chief is starting a new venture following several departures across the ChatGPT developer’s leadership and safety teams. Source: decrypt.co Read Full Story
Grayscale has formalized a mandatory minimum cadence for converting staking rewards from three crypto exchange-traded products into cash and paying the net proceeds to shareholders. Trust amendments executed Aug. 6 for the Grayscale Ethereum Staking ETF (ETHE), Grayscale Solana Staking ETF (GSOL) and Grayscale Avalanche Staking ETF (GAVA) require each product to reduce “Staking Consideration”…
A volunteer security effort says it has scanned 150 Bitcoin repositories, disclosed more than a dozen vulnerabilities, and is building an open-source AI platform to automate software security reviews. Source: decrypt.co Read Full Story