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US House passes landmark crypto measures in win for Trump
US House passes landmark crypto measures in win for Trump
Business and Economy
by  AFP

The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration's commitment to the once-controversial industry. House legislators also readily passed the GENIUS Act, which codifies the use of stablecoins -- cryptocurrencies pegged to stable assets like the US dollar or US bonds.

Netflix profits surge 45% off higher subscription prices
Netflix profits surge 45% off higher subscription prices
Business and Economy
by  AFP

Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business. Netflix shares have surged approximately 40 percent year-to-date as investors have responded positively to the company's shift toward profitability.