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Apple’s Streaming Gamble: $1 Billion Annual Loss on High-Cost Projects Like Severance and F1

Apple’s Streaming Gamble: $1 Billion Annual Loss on High-Cost Projects Like Severance and F1

Apple is reportedly hemorrhaging $1 billion a year on its streaming service, Apple TV+, according to a March 2025 report by The Information, a respected industry publication. The tech giant’s ambitious foray into entertainment, driven by prestige projects like the $200 million second season of Severance and the $300 million Brad Pitt-starring F1 film, has yet to yield financial returns, raising questions about the sustainability of its strategy. Despite critical acclaim for shows like Severance and Ted Lasso, Apple’s streaming business remains a costly passion project for CEO Tim Cook—a stark contrast to the company’s profitable iPhone-driven core.

|Finance| 1509
Bitcoin Surpasses Google and Amazon to Become the World’s Fifth-Largest Asset by Market Capitalization

Bitcoin Surpasses Google and Amazon to Become the World’s Fifth-Largest Asset by Market Capitalization

As of May 9, 2025, Bitcoin (BTC) has solidified its position as the world’s fifth-largest asset by market capitalization, overtaking tech giants Google (Alphabet) and Amazon. With Bitcoin’s price at $102,900 and a circulating supply of approximately 19.7 million coins, its market cap stands at roughly $2.03 trillion. This surpasses Alphabet’s $1.859 trillion and Amazon’s $1.837 trillion, according to CompaniesMarketCap, marking a historic milestone for the cryptocurrency.

|Finance| 2001
Riot Platforms Sells Mined Bitcoin for First Time in 15 Months, Signals Strategic Shift

Riot Platforms Sells Mined Bitcoin for First Time in 15 Months, Signals Strategic Shift

In a notable departure from its long-standing strategy, Riot Platforms, one of the largest U.S.-based Bitcoin mining companies, sold 475 bitcoins in April 2025, marking its first sale of mined coins since January 2024. The transaction included all 463 bitcoins mined during the month, plus an additional 12 from its reserves, generating approximately $38.8 million. The proceeds are earmarked for operational expenses and further development, according to Riot’s CEO, Jason Les.

|Finance| 1276
WhatsApp Surpasses 3 Billion Monthly Active Users, Zuckerberg Tells Investors

WhatsApp Surpasses 3 Billion Monthly Active Users, Zuckerberg Tells Investors

In a recent Q1 2025 earnings call, Meta CEO Mark Zuckerberg announced that WhatsApp has crossed the 3 billion monthly active user (MAU) threshold, a significant milestone for the messaging app. This places WhatsApp in an elite league, with only Facebook—boasting 3.06 billion MAUs—having a larger user base among Meta’s platforms. WhatsApp’s growth trajectory has been remarkable: it hit its first billion MAUs in 2016, doubled that to 2 billion by 2020, and now, five years later, has added another billion.

|Finance| 5195
a16z Acquires Podcast Network Turpentine, Appoints Founder Erik Torenberg as General Partner

a16z Acquires Podcast Network Turpentine, Appoints Founder Erik Torenberg as General Partner

In a bold move to amplify its influence in the tech ecosystem, venture capital giant Andreessen Horowitz (a16z) has acquired Turpentine, a rapidly growing podcast network known for shaping conversations in AI, crypto, and biotech. Alongside the acquisition, a16z has named Turpentine’s founder, Erik Torenberg, as a new general partner, signaling a strategic push to leverage high-quality content as a distribution channel for its investment agenda

|Finance| 3401
LinkedIn’s Video Push Pays Off in 2025 as Engagement Soars

LinkedIn’s Video Push Pays Off in 2025 as Engagement Soars

LinkedIn’s strategic bet on video content is yielding impressive results nearly a year after its intensified focus, with significant growth in uploads and viewership. According to platform data, video uploads surged by 34% in Q4 2024, while total video views jumped by 36% in Q1 2025. This momentum underscores LinkedIn’s evolving role as a hub for professional storytelling and brand engagement through dynamic formats.

|Finance| 3424
The 90% Collapse of the OM Token: A Harbinger of Thousands More to Come

The 90% Collapse of the OM Token: A Harbinger of Thousands More to Come

On April 13, 2025, the cryptocurrency market witnessed a seismic event: the Mantra (OM) token, native to a blockchain focused on tokenizing real-world assets, plummeted by over 90% in mere hours, erasing billions in market capitalization. From a high of $6.30, the token crashed to below $0.50, leaving investors reeling and sparking heated debates about the stability of the crypto ecosystem. While the Mantra team attributed the collapse to "reckless liquidations" and denied insider involvement, this dramatic fall may be more than an isolated incident—it could be the first sign of a broader wave of token crashes looming on the horizon.

|Finance| 1180
At What Bitcoin Level Will Whales Trigger Forced Liquidations?

At What Bitcoin Level Will Whales Trigger Forced Liquidations?

The cryptocurrency market, particularly Bitcoin, is heavily influenced by large holders known as "whales." These entities, controlling significant portions of Bitcoin's supply, can sway market dynamics through their actions. One critical phenomenon tied to whale behavior is forced liquidations, where leveraged positions are automatically closed by exchanges due to insufficient margin. This article explores the Bitcoin price levels at which whales might initiate moves that trigger widespread forced sales and the factors influencing such events.

|Finance| 2584
It’s Time to Shear the Wool from the Bitcoin Whales

It’s Time to Shear the Wool from the Bitcoin Whales

Bitcoin, the decentralized dream that once promised financial freedom for the everyman, has increasingly become a playground for the ultra-wealthy. These so-called "Bitcoin whales"—individuals or entities holding massive amounts of BTC—have quietly amassed disproportionate control over the cryptocurrency’s ecosystem. Among the prime contenders are Binance, BlackRock, Coinbase, MicroStrategy, and Grayscale, each wielding significant influence through their holdings and operations. While the ethos of Bitcoin was built on breaking away from centralized power, the reality today is starkly different. The concentration of wealth in the hands of a few threatens the principles that made Bitcoin revolutionary. It’s time to shear the wool from these whales and rethink how the crypto space can return to its roots.

|Finance| 1271
QUASA, Like DOGE, Is More Than Just a Cryptocurrency

QUASA, Like DOGE, Is More Than Just a Cryptocurrency

Dogecoin (DOGE), originally launched as a satirical take on the crypto boom in 2013, has grown into a global sensation, proving that a cryptocurrency can transcend its technical roots to become a symbol of something greater. Similarly, QUASA, a lesser-known but intriguing player in the crypto space, is carving out its own identity as more than just a digital token. Much like DOGE, QUASA blends utility, community spirit, and a vision that extends beyond mere transactions.

|Finance| 1540
Classic: The Crypto Pump and Sell on the Dip: Trump, His Sons and Musk

Classic: The Crypto Pump and Sell on the Dip: Trump, His Sons and Musk

In the whirlwind world of cryptocurrency, where fortunes can be made or lost in the blink of an eye, a narrative has emerged that intertwines the high-profile figures of Donald Trump, his sons, and Elon Musk with the age-old scheme of "pump and dump". This practice, essentially inflating the price of a cryptocurrency through hype only to sell off at the peak, has been a topic of concern, especially when it involves individuals with significant influence and public platforms.

|Finance| 1529