CryptoNews

US Spot Ethereum ETFs Record $77.21M Outflow

August 2, 2024
On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction of $133.33 million. Over $77 Million Withdrawn From U.S. Spot Ethereum ETFs The nine spot ether ETFs collectively recorded a trading volume of $472.5 million…
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GamingNews

EA Sports College Football helped September quarter start with a bang | Andrew Wilson

August 1, 2024
Andrew Wilson, CEO of Electronic Arts, said in an analyst call that EA Sports College Football saw five million players in its first 11 days (not counting 500,000 who played a free trial). Anticipation of the game helped EA Sports come in with stronger results than expected in EA’s first fiscal quarter ended June 30, as it lifted all of EA’s sports titles. The EA Sports College Football…
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GamingNews

EA's Net Bookings Beat Guidance Range for Q1 FY25

August 1, 2024
Electronic Arts has announced its financial results for the first quarter of FY25. The game publisher’s $1.262 billion in net bookings exceeded guidance range expectations for the quarter. “Electronic Arts delivered a strong start to FY25, beating net bookings guidance…
AI & RoboticsNews

Google’s tiny AI model ‘Gemma 2 2B’ challenges tech giants in surprising upset

August 1, 2024
Google has just unveiled Gemma 2 2B, a compact yet powerful artificial intelligence model that rivals industry leaders despite its significantly smaller size. The new language model, containing just 2.6 billion parameters, demonstrates performance on par with or surpassing much larger counterparts, including OpenAI GPT-3.5 and Mistral AI’s Mixtral 8x7B. Announced on Google’s Developer Blog…
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DefenseNews

Boeing names aerospace veteran Kelly Ortberg as new CEO

August 1, 2024
Boeing named a longtime aerospace industry veteran on Wednesday as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems. Robert “Kelly” Ortberg, a former CEO at Boeing supplier Rockwell Collins, will succeed David Calhoun as CEO and president effective Aug. 8, the company said. Calhoun announced in March that he would retire…
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