After peaking at $63,503 on April 13 this year, bitcoin has fallen just over 50% to approximately $30,700 today, still up 6% for the year but has been in a steady downward trend.
Reddit, the largest online community in the United States, said Thursday (local time) that it has resolved all issues after an outage that left hundreds of thousands of users around the world unable to access the service for more than 30 minutes.
Snap, the parent company of photo messaging app Snapchat, beat Wall Street's expectations for first quarter (Q1) revenue and user growth, sending its shares soaring 25%. Improvements to its advertising system and a possible ban on TikTok are thought to have had a positive impact.
The battle between Spotify and Apple is escalating. Spotify has attempted to display in-app pricing information in the European market, but has been rejected by Apple.
Exowatt, a startup developing modules that store energy as heat and produce electricity for AI data centers, has secured a $20 million investment from OpenAI CEO Sam Altman and venture capital firm Andreessen Horowitz.
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